The Hartford Reports 8% Revenue Growth to $6.99 Billion in Latest Quarter

The Hartford Insurance Group, Inc. reported significant financial performance improvements in its latest quarterly filing, with total revenues reaching $6.99 billion for the three months ended June 30, 2025, an increase of 8% from $6.49 billion in the same period last year. The company’s net income available to common stockholders rose by 35% to $990 million, or $3.49 per diluted share, compared to $733 million, or $2.44 per diluted share, in the prior year. For the first half of 2025, total revenues increased by 7% to $13.80 billion, while net income available to common stockholders grew by 9% to $1.62 billion.

The Hartford's financial results were bolstered by a 7% increase in earned premiums, which totaled $5.96 billion for the quarter, driven by growth in both Business Insurance and Personal Insurance segments. The company reported a 10% increase in earned premiums in Business Insurance, attributed to new business growth and pricing increases, while Personal Insurance also saw a 10% rise, primarily due to earned pricing increases. Additionally, net investment income increased by 10% to $664 million, reflecting higher invested assets and reinvestment at elevated interest rates.

Operationally, The Hartford has made strides in managing its expenses, with total benefits, losses, and expenses rising by only 3% to $5.74 billion, despite the increase in earned premiums. The company reported a favorable development in prior accident year reserves, contributing to a lower underlying loss and loss adjustment expense ratio in Personal Insurance. However, the underlying loss and LAE ratio in Business Insurance increased, reflecting higher claims costs.

Looking ahead, The Hartford remains optimistic about its growth trajectory, supported by its strategic initiatives and market conditions. The company has $2.35 billion remaining under its share repurchase program, which is expected to enhance shareholder value. The Hartford's management anticipates continued premium growth and improved underwriting results, although it acknowledges potential challenges from rising claims costs and market volatility. The company is also focused on maintaining its strong capital position and liquidity, with approximately $1.3 billion in liquid assets available at the holding company level as of June 30, 2025.