The Hartford Financial Services Group, Inc.

HIG
Sector

Financials

Industry

Insurance - Property & Casualty

Market Cap

$31.04B

Employees

18.7K

Company Overview

The Hartford Financial Services Group, Inc. is a holding company for a group of subsidiaries that provide property and casualty insurance, group benefits insurance and services, and mutual funds and exchange-traded funds. The company strives to maintain and enhance its position as a market leader within the financial services industry. The Hartford is headquartered in Connecticut and has a geographic presence in the United States, United Kingdom and other international locations.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

The 10-Q shows net income available to common stockholders increased to $748 million compared to $530 million in the prior year. This increase is attributed to higher net investment income and underwriting gain.

Earned premiums increased to $5,446 million compared to $5,063 million in the prior year. This growth is driven by both Commercial Lines and Personal Lines segments.

The company reports net realized gains of $28 million compared to net realized losses of $7 million in the prior year. This swing contributes to the overall improvement in net income.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG initiatives

3 Insights

Market Environment

3 Insights