Earned premiums increased to $22.6 billion, reflecting growth in Business Insurance and Personal Insurance segments. This indicates successful market penetration and product offerings.

The company repurchased 14.4 million shares for $1.5 billion, signaling management's confidence in the company's financial health and commitment to returning value to shareholders.

The Board of Directors approved a share repurchase authorization for up to $3.3 billion effective from August 1, 2024 to December 31, 2026, indicating continued commitment to returning capital to shareholders.

The expense ratio increased slightly, indicating potential challenges in managing operational efficiency. This could be due to investments in technology or other strategic initiatives.

The company continues to focus on expense management, as evidenced by the Hartford Next program. This suggests a proactive approach to improving efficiency and profitability.

The company has successfully integrated acquired businesses, as evidenced by the absence of any material integration-related charges or disruptions. This indicates effective management of M&A activities.

The company acknowledges the risks associated with changing climate and weather patterns, including increased frequency and intensity of natural catastrophes. This highlights the potential impact on claims, demand, and investment portfolios.

The company recognizes the increasing frequency and sophistication of cybersecurity threats, which could lead to insured losses and operational disruptions. This underscores the importance of robust cybersecurity measures.

The company acknowledges that unfavorable loss development may adversely affect the business, financial condition, results of operations or liquidity.

The industries in which the company operates are highly competitive, with competitors seeking to differentiate themselves through product expansion, price, enhanced service and leading technology.

The exclusive licensing arrangement with AARP provides a competitive advantage, particularly given the increase in the population of those over age 50 and the strength of the AARP brand.

The company is continually advancing their pricing sophistication and ease of doing business with agents and customers through the use of technology, analytics and other capabilities.

The expense ratio increased from 31.0% to 31.1%, indicating a slight decrease in operational efficiency.

The company is leveraging data analytics to return employees to active, productive lives as soon and safely as possible.

The company is optimizing organizational efficiency with a focus on continuous improvement, indicating a commitment to operational excellence.

The company is continually enhancing digital capabilities as customers and distributors demand more access and convenience, and expands product and underwriting capabilities to accommodate both larger accounts and a broader risk appetite.

Through its ICON quoting tool, The Hartford quotes over 75% of its Spectrum package business and workers' compensation new business policies without human intervention.

Our Hart-Academy Tech training program for employees introduced HartCloud Academy in 2024 offering an immersive training program for our mid-career engineers to advance their proficiency in cloud technologies.

The company repurchased 14.4 million shares for $1.5 billion, signaling management's confidence in the company's financial health and commitment to returning value to shareholders.

The Board of Directors approved a share repurchase authorization for up to $3.3 billion effective from August 1, 2024 to December 31, 2026, indicating continued commitment to returning capital to shareholders.

The amount of capital that the company must hold to maintain financial strength and credit ratings and meet other requirements can vary significantly from time to time and is sensitive to a number of factors outside of the company's control.

Continuing to advance the Company's sustainability leadership to drive value creation while positively impacting society at large.

An ethical, people-oriented, and performance-driven culture drives our values. We are committed to maintaining and enhancing our culture and are proud of our reputation for ethics and integrity.

The company has a diverse board of directors.

The industries in which the company operates are highly competitive, with competitors seeking to differentiate themselves through product expansion, price, enhanced service and leading technology.

In the United States, independent agents, brokers and wholesalers are consolidating. While the acquisition activity has slowed with the rise of rates, we continue to expect large deals by well positioned companies.

Inflation is a risk to our property and casualty business because, in many cases, claims are paid out many years after a policy is written and premium is collected for the risk.