☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact name of registrant as specified in its charter) Delaware 13-3317783 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) One Hartford Plaza, Hartford, Connecticut 06155 (Address of principal executive offices) (Zip Code) (860) 547-5000 (Registrant's telephone number, including area code) 1 Non-accelerated filer ☐Smaller reporting company ☐ Emerging growth company ☐ ...

THE HARTFORD FINANCIAL SERVICES GROUP, INC. Common stock and preferred stock of The Hartford Financial Services Group, Inc. are traded on the New York Stock Exchange under the symbols "HIG" and "HIG PR G", respectively. This report is for information purposes only. It should be read in conjunction with documents filed by The Hartford Financial Services Group, Inc. with the U.S. Securities and Exchange Commission, including, without limitation, the most recent Annual Report on Form 10-K and Quarterly Reports ...

BRAZIL - 2023/09/03: In this photo illustration, the Hartford Financial Services logo is displayed ... [+] on a smartphone screen. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Hartford Financial's stock (NYSE: HIG) has gained approximately 26% YTD as compared to the 11% rise in the S&P500 index over the same period. In sharp contrast, Hartford Financial's peer Travelers (NYSE: TRV) stock was up only 10% YTD. Overall, at the current ...

The Hartford Financial Services Group, Inc. (HIG) recently joined forces with the digital behavioral health services provider, Marvin Behavioral Health, in a bid to offer specialized mental health resources to HIG's life and disability insurance clients in the healthcare sector. Notably, the aforementioned clients who choose to utilize Marvin's services may be eligible for a direct discount on the service offerings. Marvin provides an extensive suite of mental healthcare services for healthcare workers, and ...

The Hartford Financial Services Group, Inc. (HIG) reported first-quarter 2024 adjusted operating earnings of $2.34 per share, which lagged the Zacks Consensus Estimate by 3.7%. However, the bottom line climbed 39.3% year over year.Operating revenues of HIG amounted to $4.3 billion, which improved 10.8% year over year in the quarter under review. However, the top line missed the consensus mark of $4.4 billion.Weaker-than-expected earnings were caused by elevated loss trends in homeowners and auto coupled wit ...

Financial Data and Key Metrics Changes - The Hartford reported a strong start to the year with outstanding financial results in the first quarter, achieving a trailing 12-month core earnings ROE of 16.6% [137] - The company experienced top line growth in Commercial Lines of 8% with an underlying combined ratio of 88.4% [137] - Investment income remained solid, supported by elevated yields and a diversified portfolio [9] Business Line Data and Key Metrics Changes - In Small Commercial, new business growth was 11% in the quarter, with written premiums expected to grow by approximately 50% in 2024 to nearly $300 million [4] - Global Specialty reported excellent results with underlying margins consistent with the previous year and solid top line growth [5] - Personal Lines saw written premium increase of 13% over the prior year, driven by successful rate actions, with auto renewal written pricing increases of 25.7% [152] Market Data and Key Metrics Changes - The company achieved new business rate adequacy in the vast majority of states, allowing for the resumption of national advertising [140] - In the property book, written premium for the quarter was approximately 17% higher than in 2023 [146] - The Group Benefits segment reported core earnings of $107 million with a core earnings margin of 6.1% [11] Company Strategy and Development Direction - The Hartford is focused on enhancing customer service capabilities and investing in its platform to grow among small and midsized businesses [148] - The company aims to return Personal Lines to profitability in 2024 and reach target margins in 2025 [147] - The strategy includes disciplined underwriting and pricing execution, leveraging innovative customer-centric technology [149] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to extend its track record of delivering industry-leading financial performance [9] - The outlook for Personal Lines is positive, with expectations of necessary rate increases and improvements in margins [149] - Management acknowledged the competitive nature of the market but emphasized strong capabilities and a solid position [17][46] Other Important Information - The company repurchased 3.8 million shares for $350 million during the quarter, with approximately $1 billion remaining on its share repurchase authorization [14] - The investment portfolio's annualized LP returns were 1.3%, with expectations of similar results in the second quarter [155] Q&A Session Summary Question: What are the current trends in Personal Lines? - Management noted that they are seeing moderation in auto loss cost trends and expect to achieve targeted profitability in 2025 [24][39] Question: How is the pricing environment in Commercial Lines? - The renewal written pricing in Commercial Lines increased from 8.3% to 9%, indicating a stable and supportive pricing environment [27][88] Question: What is the outlook for Group Life sales? - Management indicated that while there may be slightly lower group life sales, they remain disciplined in their approach [16] Question: How is the company managing competitive pressures? - Management highlighted their strong underwriting capabilities and the importance of being selective in writing business amidst increased competition [90] Question: What are the expectations for the Personal Lines expense ratio? - The expense ratio is expected to remain relatively flat compared to the previous year, with improvements anticipated as the company returns to growth [121]

For the quarter ended March 2024, The Hartford (HIG) reported revenue of $4.34 billion, up 10.8% over the same period last year. EPS came in at $2.34, compared to $1.68 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $4.38 billion, representing a surprise of -0.87%. The company delivered an EPS surprise of -3.70%, with the consensus EPS estimate being $2.43.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________ FORM 10-Q ____________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ______________ Commission file number 001-13958 ____________________ ...

INVESTOR FINANCIAL SUPPLEMENT March 31, 2024 Measures used in these financial statements and exhibits that are not based on generally accepted accounting principles ("non-GAAP") are denoted with an asterisk (*) the first time they appear in this document. These measures are defined within the Discussion of Non- GAAP and Other Financial Measures section and are reconciled to the most directly comparable generally accepted accounting principles ("GAAP") measure herein. THE HARTFORD FINANCIAL SERVICES GROUP, I ...

The Hartford Financial Services Group, Inc. (HIG) is scheduled to release first-quarter 2024 results on Apr 25, 2024, after the closing bell.What Do the Estimates Say?The Zacks Consensus Estimate for Hartford Financial’s first-quarter earnings per share is pegged at $2.43, which indicates an improvement of 44.6% from the prior-year quarter’s reported figure. The consensus mark for revenues is $4.4 billion, suggesting 11.8% growth from the year-ago quarter’s reported number.Hartford Financial’s bottom line b ...