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Jun 30, 2022
The Hartford Q2 2022 Earnings Report
The Hartford announced financial results, revealing growth in P&C written premiums and a new share repurchase program authorized by the board.
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.
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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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