earnings
confidence high
sentiment positive
materiality 0.75
Hartford Q3 net income up 18% to $2.56 EPS; raises dividend 11% to $0.52
HARTFORD INSURANCE GROUP, INC.
2024-Q3 EPS reported
$7.47
revenue$19,656,000,000
- Net income $761M ($2.56 EPS) vs $645M ($2.09) YoY; core earnings $752M ($2.53) up 6%.
- P&C written premiums rose 10% (Commercial +9%, Personal +12%); combined ratio 92.2.
- Catastrophe losses $247M pre-tax including $104M from Hurricane Helene.
- Quarterly dividend increased 11% to $0.52/share, payable Jan 3, 2025 to holders of record Dec 2, 2024.
- Returned $538M to shareholders: $400M buybacks and $138M dividends in Q3.