The Hartford Q2 2022 Earnings Report
Key Takeaways
The Hartford reported a decrease in net income available to common stockholders to $437 million, or $1.32 per diluted share, compared to $900 million in the same quarter of the previous year. Core earnings also decreased to $714 million, or $2.15 per diluted share, from $836 million in the prior year. Despite the decline in net income, the company saw growth in P&C written premiums and highlighted a strong core earnings ROE of 14.0%. The Board of Directors authorized a new $3.0 billion share repurchase program.
Net income available to common stockholders was $437 million, or $1.32 per diluted share.
Core earnings reached $714 million, or $2.15 per diluted share.
P&C written premiums increased by 10%, driven by Commercial Lines premium growth.
A new $3.0 billion share repurchase program was authorized.
The Hartford
The Hartford
The Hartford Revenue by Segment
Forward Guidance
The Hartford did not provide specific forward guidance in the provided document. The document focuses on the results of the second quarter of 2022 and strategic initiatives.
Revenue & Expenses
Visualization of income flow from segment revenue to net income