I’m pleased to share some positive news The Hartford recently received from two of our rating agencies. On June 15, Standard & Poor’s (S&P) improved its outlook on the ratings of The Hartford and its operating subsidiaries from negative to stable. Additionally, on June 12, Moody’s Investor Services released a statement that it views our recent company actions favorably.

These ratings agencies attributed their positive statements to our June 12 commencement of a discretionary equity issuance plan in the amount of $750 million and our plans to participate in the U.S. Treasury’s Capital Purchase Program (CPP).

We hope today’s news provides you with confirmation of our continued commitment to you and your customers. We believe these steps will help ensure maximum flexibility and stability for our company. Attached, please find an overview of The Hartford’s ratings and financial strength as well as information on CPP.

Thank you again for your commitment and business. Helping you achieve your goals is our priority, and we look forward to our continued relationship.

Sincerely,

Juan Andrade
EVP, Sales & Distribution
Interim Co-President, P&C Operations

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