The Hartford Q2 2021 Earnings Report

The Hartford's financial results for Q2 2021 were announced, showcasing a significant increase in net income and core earnings compared to the same period last year, driven by strong performance across all businesses and investment returns.

Key Takeaways

The Hartford reported a strong second quarter in 2021, with net income available to common stockholders of $900 million, a 94% increase from Q2 2020. Core earnings were $836 million, up 91% year-over-year. The company benefited from increased net investment income, improved underwriting gains in Commercial Lines, and a lower expense ratio from the Hartford Next cost transformation program.

Net income available to common stockholders increased by 94% to $900 million, or $2.51 per diluted share.

Core earnings rose by 91% to $836 million, or $2.33 per diluted share.

Net investment income increased by 71% to $581 million, driven by strong returns on limited partnerships and alternative investments.

Commercial Lines written premiums increased by 15% to $2.5 billion, with improvements in the combined ratio and underlying combined ratio.

Total Revenue

$5.59B

Previous year: $5.07B