TThe Hartford sells insurance to businesses and individuals, covering property, liability, workers' compensation and auto risks, along with group disability, life and paid-leave benefits that employers offer their staff. Its business unit insures everything from local shops to large corporations and writes specialty coverage in the United States and abroad, while its personal unit sells car and home policies to individual customers. Agents, brokers and direct channels sell the policies, and the company earns money from premiums and from investing them before claims are paid. Its oldest insurer was founded in 1810, and the company is based in Hartford, Connecticut.
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Company Size
10,001+
Company Stage
IPO
Headquarters
Hartford, CT
Founded
1810
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$77.7M
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The Hartford reported third quarter 2026 net income available to common stockholders of $1.3 billion ($4.82 per diluted share), up 23% from $1.1 billion a year earlier. Core earnings fell 6% to $956 million from $1,022 million. Property & Casualty written premiums rose 4%, led by 6% growth in Business Insurance. Net investment income rose to $850 million from $755 million. The insurer returned $638 million to stockholders, including $475 million in share repurchases. It raised its quarterly dividend 12% to $0.67 a share, payable January 5, 2027. Chief executive officer Christopher Swift will hand over to Mo Tooker on March 1 and become executive chair.
The Hartford (NYSE:HIG) will report third-quarter earnings on Monday afternoon. Analysts expect revenue to grow 2.4% year on year, slowing from a 7% rise in the same quarter last year. Last quarter, the insurer reported revenue of $7.26 billion, up 8.1% year on year, in line with expectations. It beat net premiums earned estimates but badly missed book value per share estimates. Hartford has missed Wall Street's revenue estimates multiple times over the last two years. Among peers, Chubb's revenue rose 4.2%, missing estimates by 0.8%, and RLI's rose 5.3%, beating estimates by 0.5%. Hartford shares are up 10.1% over the past month, against a 5.1% average gain for insurers. They trade at $136.75, below the average analyst price target of $146.86.
The Hartford has appointed Randy Larsen to its board of directors, effective 1 September. He will serve on the Finance, Investment and Risk Management Committee and the Nominating and Corporate Governance Committee. Larsen spent 13 years with AssuredPartners, a large insurance brokerage firm, serving as chief executive officer from 2023 until Gallagher acquired the company in 2025. During his tenure, he oversaw significant business growth through organic initiatives and acquisitions whilst leading operational transformation efforts. Prior to AssuredPartners, Larsen spent 14 years with insurance brokerage Schifman Remley & Associates, which AssuredPartners acquired in 2012. He earned a bachelor's degree in finance from Nebraska Wesleyan University.
Hartford reported Q1 revenues of $7.23 billion, up 6.1% year on year, exceeding analyst expectations by 40%. Despite the top-line beat, the multi-line insurance company missed analysts' book value per share and earnings per share estimates. The Hartford, recognisable by its stag logo dating to 1810, provides property and casualty insurance, group benefits and investment products across the United States. The company delivered the largest analyst estimate beat among multi-line insurance stocks tracked this quarter. However, investors appeared dissatisfied with the results. Hartford's stock has declined 2.6% since reporting and currently trades at $132.15. The multi-line insurance sector overall saw revenues beat consensus estimates by 8.6%, though share prices have declined an average of 2.8% following earnings.
The Hartford and the University of Connecticut have launched a collaboration focused on business resiliency, worker safety and energy innovation. The partnership includes two key initiatives: The Hartford Laborer Safety Fund and The Hartford Sustainability Research Fellowship. The Hartford will invest in UConn's Korey Stringer Institute to research how extreme heat affects workers across industries, examining both short- and long-term impacts on health and productivity. The companies plan to pilot heat-management programmes with select business customers. The Hartford Sustainability Research Fellowship, established within UConn's College of Engineering, will examine evolving energy needs of data centres and emerging risks related to onsite generation, battery storage and renewable energy. The research aims to provide insights into future insurance and risk-management needs for emerging technologies.
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Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
Hartford, CT
Founded
1810
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs