The Hartford(US:HIG)2023-02-03 17:30Financial Performance Highlights - The Hartford's core earnings for 4Q22 were $746 million, a 7% increase compared to $697 million in 4Q21[28] - The Hartford's core earnings Return on Equity (ROE) for 4Q22 was 144%, up 17 points from 127% in 4Q21[28] - The Hartford's full year 2022 core earnings reached $25 billion, a 14% increase from $22 billion in 2021[29] - The Hartford returned $21 billion to stockholders in 2022, including $16 billion in share repurchases and $506 million in common stockholder dividends[26] Segment Performance - Commercial Lines' combined ratio was 890 in 4Q22, compared to 846 in 4Q21[31,49] - Group Benefits' core earnings margin was 83% in 4Q22, a 91 points improvement from 4Q21[20] - Hartford Funds' core earnings were $39 million in 4Q22, down from $60 million in 4Q21, due to lower fee income from a 21% decrease in daily average Assets Under Management (AUM)[28,70] Property & Casualty (P&C) - P&C net written premium growth was 8%[26] - Commercial Lines net written premium grew by 9%[26] - Personal Lines net written premium grew by 4%[31]