The Hartford Q2 2023 Earnings Report
Key Takeaways
The Hartford announced second quarter 2023 financial results, with net income available to common stockholders of $542 million, or $1.73 per diluted share, a 23% increase from the same period in 2022. Core earnings were $588 million, or $1.88 per diluted share. The company returned $484 million to stockholders through share repurchases and dividends.
Net income available to common stockholders increased 23% to $542 million ($1.73 per diluted share).
Core earnings of $588 million ($1.88 core earnings per diluted share).
Property & Casualty (P&C) written premiums rose 11%, driven by Commercial Lines premium growth of 12%.
Group Benefits fully insured ongoing premium growth of 7%.
The Hartford
The Hartford
The Hartford Revenue by Segment
Forward Guidance
The Hartford is confident in its ability to deliver core earnings ROEs in the 14 to 15 percent range.
Revenue & Expenses
Visualization of income flow from segment revenue to net income