Hartford Financial (HIG) Tops Q3 EPS by 3c
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The Hartford Reports Third Quarter 2017 Net Income Per Diluted Share Of $0.64 And Core Earnings Per Diluted Share* Of $0.60
October 23, 2017 6:47 AM EDTNet income of $234 million and core earnings* of $222 million decreased from $438 million and $413 million, respectively, in third quarter 2016 due to higher current accident year catastrophe losses Current accident year catastrophe losses totaled $352 million, before tax ($0.62, after tax, per diluted share), compared with third quarter 2016 catastrophe losses of $80 million, before tax ($0.13, after tax, per diluted share); the increase in catastrophe losses was the primary driver of the increase in Commercial Lines and Personal Lines combined ratios to 108.6 and 104.0, respectively, from 93.9 and 100.2 in third quarter 2016 Commercial Lines... More
