Dec 31, 2021

The Hartford Q4 2021 Earnings Report

The Hartford delivered strong financial results with growth and P&C margin expansion.

Key Takeaways

The Hartford reported a net income available to common stockholders of $724 million, or $2.10 per diluted share, and core earnings of $697 million, or $2.02 per diluted share, for the fourth quarter of 2021. The company's P&C net premiums written rose 11%, driven by Commercial Lines premium growth of 14%.

Fourth quarter 2021 net income available to common stockholders of $724 million increased 36% from 2020.

Full year 2021 net income available to common stockholders of $2.3 billion increased 37% from 2020.

Property & Casualty (P&C) net premiums written rose 11% in fourth quarter 2021.

Commercial Lines fourth quarter combined ratio of 84.6 improved 7.2 points.

Total Revenue
$5.82B
Previous year: $5.33B
+9.2%
EPS
$2.02
Previous year: $1.76
+14.8%
Group Benefits Expense Ratio
26.3%
Group Benefits Loss ratio
84%
Gross Profit
$5.82B
Previous year: $5.33B
+9.2%
Cash and Equivalents
$337M
Previous year: $239M
+41.0%
Free Cash Flow
$1.16B
Previous year: $1.18B
-1.4%
Total Assets
$76.6B
Previous year: $74.1B
+3.3%

The Hartford

The Hartford

Forward Guidance

The Hartford begins 2022 competitively positioned with strong momentum and a winning formula to consistently produce superior risk-adjusted returns.

Positive Outlook

  • Continued execution on strategic priorities will drive profitable growth.
  • Enable market-leading ROEs.
  • Deliver consistent capital generation.
  • Sustain top quartile ESG performance.
  • Maximize value creation for stakeholders.