The Hartford (HIG) Tops Q2 EPS by 4c
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The Hartford Announces Second Quarter 2023 Financial Results
July 27, 2023 4:15 PM EDTSecond quarter 2023 net income available to common stockholders of $542 million ($1.73 per diluted share) increased 23% from $439 million ($1.32 per diluted share) for the same period in 2022. Core earnings* of $588 million ($1.88 core earnings per diluted share*) compared with $716 million ($2.16 core earnings per diluted share) in the prior year quarter. Net income ROE for the trailing 12 months of 14.4% and core earnings ROE* for the same period of 13.6%. Property & Casualty (P&C) written premiums rose 11% in second quarter 2023, driven by Commercial Lines premium growth of 12%. Group Benefits fully insured ongoing premium growth of 7% in second quarter... More
