Exhibit 12.01

                   THE HARTFORD FINANCIAL SERVICES GROUP, INC.

RATIOS OF CONSOLIDATED EARNINGS TO TOTAL FIXED CHARGES AND CONSOLIDATED EARNINGS
TO TOTAL FIXED CHARGES AND PREFERENCE DIVIDENDS



                                                          Nine Months Ended
                                                            September 30,                       Year Ended December 31,
                                                         ------------------     ---------------------------------------------------
(In millions)                                              2003         2002     2002     2001        2000        1999        1998
- -------------                                              ----         ----     ----     ----        ----        ----        ----
                                                                                                        
EARNINGS                                                 $(1,160)     $  762    $1,068   $  341      $1,418      $1,235      $1,475
ADD:
FIXED CHARGES
   Interest expense                                          205         198       265      295         250         219         216
   Interest factor attributable to rentals                    57          54        73       72          67          61          54
   Interest credited to contractholders                      845         775     1,048    1,050         964       1,071       1,376
                                                         -------      ------    ------   ------      ------      ------      ------
TOTAL FIXED CHARGES                                        1,107       1,027     1,386    1,417       1,281       1,351       1,646

TOTAL FIXED CHARGES EXCLUDING INTEREST CREDITED TO
   CONTRACTHOLDERS                                           262         252       338      367         317         280         270
                                                         -------      ------    ------   ------      ------      ------      ------


EARNINGS, AS DEFINED                                     $   (53)     $1,789    $2,454   $1,758      $2,699      $2,586      $3,121

EARNINGS, AS DEFINED, EXCLUDING INTEREST CREDITED TO
   CONTRACTHOLDERS                                       $  (898)     $1,014    $1,406   $  708      $1,735      $1,515      $1,745
                                                         -------      ------    ------   ------      ------      ------      ------

RATIOS
   Consolidated earnings, as defined, to total fixed
      charges                                                 NM  [1]    1.7       1.8   1.2 [2]        2.1         1.9        1.9
   Consolidated earnings, as defined, to total
      fixed charges and preference dividends [3]              NM  [1]    1.7       1.8   1.2 [2]        2.1         1.9        1.9
   Earnings, as defined, excluding interest credited
     to contractholders, to total fixed charges
     excluding interest credited to contractholders           NM  [1]    4.0       4.2   1.9 [2]        5.5         5.4        6.5
   Deficiency of consolidated earnings to total
      fixed charges and preference dividends [4]         $ 1,160          --        --       --          --          --         --



[1] NM: Not meaningful

[2] For 2001, the calculation of the ratios of consolidated earnings to total
fixed charges and of consolidated earnings to total fixed charges and preference
dividends reflect before-tax losses of $678 million relating to the terrorist
attack on September 11, 2001.

[3] We had no dividends on preferred stock for the years 1998 to 2002 or for the
nine months ended September 30, 2003 or 2002.

[4] Represents additional earnings that would be necessary to result in a one to
one ratio of consolidated earnings to total fixed charges and preference
dividends. This amount includes a before-tax charge of $2.6 billion related to
the Company's 2003 asbestos reserve addition.