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 is confident in its ability to deliver core earnings ROEs in the 14 to 15 percent range.
Visualization of income flow from segment revenue to net income