Investopedia: Hartford's Transformation Is A Multi-Year Proposition

At a time when many insurance companies are looking to diversify and enter new markets to stimulate growth, Hartford Financial Services (NYSE:HIG) is looking to go in the other direction. Although exiting life insurance, retirement and annuities should both improve and stabilize returns over the long term, but it's likely going to take many years for the benefits to show up. While Hartford's current valuation seems to understate the core value in the business, investors could be looking at dead (or at least very sleepy) money for a while.

Please continue here:
http://stocks.investopedia.com/stock-analysis/2012/Hartfords-Transformation-Is-A-Multi-Year-Proposition-HIG-MET-LNC-PRU0618.aspx