The Hartford (HIG) Tops Q1 EPS by 12c
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The Hartford Announces First Quarter 2022 Financial Results
April 28, 2022 4:15 PM EDTFirst quarter 2022 net income available to common stockholders of $440 million ($1.30 per diluted share) increased 80% from the 2021 period, and core earnings* of $561 million (core earnings per diluted share* of $1.66) were up 176% from the prior year quarter. Net income ROE for the trailing 12 months of 15.4% and core earnings ROE* for the same period of 14.8%. Property & Casualty (P&C) written premiums rose 9% in first quarter 2022 driven by Commercial Lines premium growth of 12%. Commercial Lines first quarter combined ratio of 90.3 improved 19.4 points and the underlying combined ratio* of 88.3 improved 2.9 points compared with the prior year... More
