earnings
confidence high
sentiment positive
materiality 0.80
Hartford Q4 net income up 11% to $848M, core earnings down 7% to $865M; P&C premiums up 7%
HARTFORD INSURANCE GROUP, INC.
2024-FY EPS reported
$10.35
revenue$26,535,000,000
- Q4 net income $848M ($2.88/diluted) vs $766M ($2.51) prior year; core earnings $865M ($2.94) vs $935M ($3.06).
- Full year net income $3.1B ($10.35) up 24%; core earnings $3.1B ($10.30) up 11%.
- P&C written premiums up 7% Q4, 10% FY; Commercial Lines combined ratio 87.4, Personal Lines 85.8 (improved 15.4 points).
- Reserve development: net $101M unfavorable prior year development; $141M adverse from A&E reserves net of ADC.
- Returned $537M to stockholders in Q4 ($400M buybacks, $137M dividends); full year $2.1B.