The Hartford (HIG) Reports Q1 EPS of $0.56; Rejects Additional Proposal from Chubb (CB), Raises Buyback

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Go back to The Hartford (HIG) Reports Q1 EPS of $0.56; Rejects Additional Proposal from Chubb (CB), Raises Buyback

The Hartford Announces First Quarter 2021 Results And Financial Targets

April 22, 2021 6:58 AM EDT

Expects Hartford Next savings to reach $540 million in 2022 and $625 million in 2023 Increases share repurchase authorization to $2.5 billion; $1.5 billion in 2021 Targets 13-14% ROE in 2022 and 2023 Board unanimously rejects two additional Chubb proposals as not in the best interests of shareholders

HARTFORD, Conn.--(BUSINESS WIRE)-- The Hartford (NYSE: HIG) today announced financial results for the quarter ended Mar. 31, 2021. In the quarter, The Hartford earned $244 million in net income available to... More