Ramani Ayer

AAA

DEFINITION of 'Ramani Ayer'

A former president and CEO of Hartford Financial Services. Ayer was born in 1947 in India and immigrated to the United States in 1969 to attend Drexel University, where he earned a master's degree and Ph.D. in chemical engineering. He joined The Hartford in 1973, the same year he obtained his Ph.D, and worked there for his entire career, becoming president and CEO in 1997 and retiring in 2009.


INVESTOPEDIA EXPLAINS 'Ramani Ayer'

Hartford Financial Services was founded in 1810. During Ayer's tenure, the company purchased CNA's group life and disability and medical and accident business, began selling variable and fixed annuities in Japan and became a Fortune 100 company.


The company sells personal insurance products, including auto, homeowners, life, flood and disability and offers personal investment vehicles such as mutual funds, annuities, college savings plans and individual retirement plans. It also offers business products ranging from employee benefits to general liability insurance to errors and omissions insurance.

RELATED TERMS
  1. Life Insurance

    A protection against the loss of income that would result if ...
  2. Board Of Directors - B Of D

    A group of individuals that are elected as, or elected to act ...
  3. Premium

    1. The total cost of an option. 2. The difference between the ...
  4. Insurance

    A contract (policy) in which an individual or entity receives ...
  5. Chair Of The Board - COB

    The most powerful member on the board of directors who provides ...
  6. Historic Pricing

    A method for calculating the value of an asset using the last ...
Related Articles
  1. Evaluating The Board Of Directors
    Insurance

    Evaluating The Board Of Directors

  2. What Investors Can Learn From Insider ...
    Markets

    What Investors Can Learn From Insider ...

  3. The Basics Of Corporate Structure
    Investing Basics

    The Basics Of Corporate Structure

  4. Why Do Companies Care About Their Stock ...
    Investing Basics

    Why Do Companies Care About Their Stock ...

Hot Definitions
  1. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  2. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  3. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  4. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
  5. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
  6. Accelerated Depreciation

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
Trading Center