INSURANCE EARNINGS

INSURANCE EARNINGS

ITT HARTFORD

NET INCOME ROSEFOR QUARTER, YEAR

HARTFORD, Conn. - ITT Hartford Insurance Group's fourth-quarter net income rose to $75 million from $67 million a year earlier.

Operating income rose to $88 million from $15 million in 1990.

Fourth-quarter revenue rose to $2.37 billion from $2.26 billion a year earlier.

Combined ratio for the fourth quarter worsened to 118.4 percent from 115 percent a year earlier. Year-end combined ratio worsened to 111.3 percent from 109.7 percent.

A combined ratio below 100 percent indicates an underwriting profit. A ratio of more than 100 percent means that for every premium dollar taken in, more than a dollar went for losses, expenses and commissions.

Net income rose to a total$413 million in 1991 from $291 million in 1990.

Operating income for the year rose to $503 million from $271 million a year earlier.

Year-end revenue rose to $9.24 billion from $8.84 in 1990.