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NU Online News Service, Nov. 6, 11:10 a.m. – The Phoenix Companies, Inc., Hartford, today reported an operating loss of $81.8 million for the third quarter on operating income, excluding venture capital, of $7.9 million, compared with an operating loss of $27.4 million in the third quarter of 2001 on $17.9 million in operating income in the third quarter of 2001. The company also reported a GAAP net loss of $93 million in the third quarter of 2002, compared with a $21.2 million net loss in the third quarter of 2001.

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