earnings
confidence high
sentiment positive
materiality 0.75
Hartford Q1 net income $440M ($1.30 EPS), up 80% YoY; core earnings $561M ($1.66 EPS) up 176%
HARTFORD INSURANCE GROUP, INC.
2022-Q1 EPS reported
$1.30
revenue$5,393,000,000
- Net income $440M ($1.30 diluted EPS) up 80% YoY; core earnings $561M ($1.66 per share) up 176% YoY.
- P&C written premiums +9%; Commercial Lines +12%. Combined ratio 90.3 improved 19.4 pts; underlying combined ratio 88.3 improved 2.9 pts.
- Group Benefits fully insured ongoing premiums +5% driven by exposure increases and strong persistency.
- Returned $530M to shareholders in Q1: $400M share repurchases, $130M dividends.
- Net income ROE 15.4% and core earnings ROE 14.8% for trailing 12 months.