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HARTFORD INSURANCE GROUP, INC.HIG

Sector
Financial Services
Industry
Fire, Marine & Casualty Insurance
Exchange
NYSE

Stock Price $HIG

Latest filings

You are here#44 of 58 in Financials by market cap

Filing record · 2016–202610-K1110-Q328-K127

HIG filed 11 annual reports (10-K), 32 quarterly reports (10-Q) and 127 current reports (8-K) between 2016 and 2026.

  1. FY2015 annual report10-K · Feb ’16Feb ’16
  2. Leadership change8-K · May ’19May ’19
  3. Material agreement8-K · Oct ’21Oct ’21
  4. Material agreement8-K · Sep ’25Sep ’25

01—Key figures

Share Class
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025

Revenue Trend

Year-over-year comparison from 10-K annual reports

  19. $28.37B
YoY changeLargest recent move+10.4%in FY18Latest +6.9%

2 older moves run past ±20% (largest +165.0%); point at, tap or drag across the bars to read one.

Latest bar from 10-KFY2025Click a bar to open its SEC filing

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All HIG Financial Metrics49 metrics

Income Statement11

Balance Sheet18

Cash Flow15

Per Share5

02—Overview

HARTFORD INSURANCE GROUP, INC. Financial Overview 2021–2025

Updated Jul 10, 2026

By shedding its Hartford Funds business in a 2026 transaction valued at an estimated net present value of $1.9 billiona, The Hartford Insurance Group is making a strategic shift toward pure-play insurance. This divestiture highlights a central investment thesis: the company no longer needs asset management to buffer its earnings because its property and casualty underwriting is generating massive, stand-alone profitability.

The insurer’s structural improvement is evident across its core operations. Net income available to common stockholders grew from $2.344 billion in FY2021 to $3.815 billionb in FY2025. This expansion was heavily driven by disciplined commercial pricing, which delivered a $623 million improvement in property and casualty underwriting gains during FY2025. The company paired this premium growth with a leaner operation, driving its combined ratio down from 95.8% in FY2021 to 87.0% by Q2 2025. A higher interest rate environment compounded these underwriting victories, lifting net investment income by 13% to $2.911 billion in FY2025.

Armed with excess capital from these segments, the insurer aggressively reduced its share count by repurchasing $1.6 billionc of common stock in FY2025. Market confidence in this underwriting and capital-return trajectory pushed the company's valuation to a closing price of $137.80 per share at the end of FY2025. As The Hartford strips away the volatile fee streams of asset management, it operates as a focused underwriting entity heavily levered to reinvestment rates and commercial premium pricing.

Recent Developments (Q4 2025 and Q1 2026)

The Hartford maintained its strong operational momentum into Q1 2026, with net income surging 36% year-over-year to $851 milliond, or $3.04 per diluted share. This outperformance was fueled by a 39% decrease in current accident year catastrophe losses and a 13% increase in quarterly net investment income, which reached $739 million on the back of favorable reinvestment rates and alternative asset returns. Management also continued its aggressive capital distribution, executing $450 million in share repurchases during the quarter.

Bulls argue the equity remains attractively priced at 13.5x earnings as of April 23, 2026, given the robust 41% rise in quarterly diluted earnings per share. Conversely, bears warn that isolated weaknesses are emerging within the Employee Benefits segment, where higher disability loss ratios and rising operating expenses recently dragged down segment net income.

What to watch: catastrophe loss volume impacting property and casualty margins; ongoing profitability pressures in the Employee Benefits division.

03—Filings

Recent SEC Filings

  1. 8-KHARTFORD INSURANCE GROUP, INC. 8-K Report, Executive Changes (Sep 30, 2026)The Hartford Insurance Group (NYSE: HIG) announced a planned CEO succession in an 8-K filed September 30, 2026. A. Morris "Mo" Tooker, currently President, will become Chief Executive Officer effective March 1, 2027, succeeding Christopher J. Swift, who has served as CEO for nearly 13 years. Tooker was also elected to the Board effective October 1, 2026, and will serve on the Finance, Investment and Risk Management Committee without board compensation. Swift will become Executive Chair, continuing to lead the Board and advise management, and he intends to step down from that role in the second half of 2027. The Board set Tooker's target total annual compensation at $12 million, consisting of a $1.1 million base salary, a $2.75 million annual incentive target, and an $8.15 million long-term incentive target. Swift's Transition Agreement keeps him employed through the transition, with a $1.2 million base salary starting March 1, 2027, a $2.4 million AIP target, and a $7.4 million LTI target. He will receive no additional pay for his chair or board service, and his equity awards will receive retirement treatment. The full agreement will be filed with the Q3 2026 Form 10-Q. For investors, the filing signals an orderly, internally-sourced succession rather than an abrupt change. Tooker has been with the company since 2015 and has led business performance as President since February 2025. The press release frames the move as preserving strategic continuity, and Swift's extended role as Executive Chair provides a transition period. The filing contains no financial results or guidance changes, so the primary investor takeaway concerns leadership continuity and the compensation structure rather than near-term operating performance.
  2. 8-KHARTFORD INSURANCE GROUP, INC. 8-K Report, Agreement Terminated (Sep 25, 2026)The Hartford Insurance Group, Inc. (HIG) has announced a significant development regarding a material definitive agreement. On September 23, 2026, Hartford Fire Insurance Company and its affiliates entered into a Reinsurance Commutation and Release Agreement with National Indemnity Company (NICO), a subsidiary of Berkshire Hathaway Inc. This agreement effectively terminates an existing Aggregate Excess of Loss Reinsurance Agreement that provided asbestos and environmental adverse development cover since 2016. The commutation also resolves a confidential arbitration dispute between the parties. As a result of this commutation, The Hartford received a cash payment of $1.12 billion on September 25, 2026. The company expects to recognize a pre-tax net gain of $497 million, contributing $393 million to net income for the three and nine months ending September 30, 2026. Notably, this transaction is not expected to impact core earnings, and the gain reflects the release of deferred gains from the retroactive reinsurance. Investors should review the company's SEC filings for associated risks and uncertainties.
  3. 8-KHARTFORD INSURANCE GROUP, INC. 8-K Report, Executive Changes (Aug 11, 2026)The Hartford Insurance Group (NYSE: HIG) filed an 8-K on August 11, 2026 reporting a board governance change rather than financial results. The Board elected Priscilla Almodovar, former president and CEO of Fannie Mae, as a director effective September 1, 2026. She will serve on the Finance, Investment and Risk Management Committee and the Audit Committee. The Board determined she has no related-party transactions with the Company and meets NYSE and corporate governance independence requirements. From a compensation perspective, the director's pro rata share for the remainder of the 2026-2027 board service year is about $82,700 in cash (from a $115,000 annual retainer) and about $136,600 in restricted stock units (from a $190,000 annual equity retainer). The RSUs will be granted on the second trading day after the Company files its Q3 2026 Form 10-Q. She also receives standard non-management director benefits, including $100,000 of group life coverage, $750,000 of accidental death and dismemberment coverage, and travel reimbursement. The filing has no direct financial impact on earnings, capital, or operations. The appointment is a modest positive signal for investors. Almodovar brings extensive experience in financial services, capital allocation, enterprise risk management, and governance. Her seat on the Audit Committee and her role on the risk committee directly relate to oversight of the insurer's risk and reporting. Her current board seats at Realty Income Corp. and Fifth Third Bancorp should be considered for potential overboarding and conflict review, though the Board has already cleared her independence.
  4. 8-KHARTFORD INSURANCE GROUP, INC. 8-K Report, Financial Results (Jul 23, 2026)The Hartford Insurance Group (HIG) reported strong second-quarter 2026 results, with net income available to common stockholders of $1.29 billion ($4.68 per diluted share), up 31% from $990 million ($3.44) a year earlier. The increase was driven largely by a $251 million income tax benefit tied to the pending sale of Hartford Funds, which is now reported as discontinued operations. Core earnings, the company's preferred operating measure, rose a more modest 1% to $945 million ($3.42 per diluted share, up 6%), so investors should weigh the core figure more heavily when judging underlying performance. Operating trends were mixed. Business Insurance grew written premiums 5% and reported an underlying combined ratio of 89.3, but its reported combined ratio deteriorated to 91.4 from 87.0 due to less favorable prior-year development and higher catastrophe losses, and Middle & Large Business deteriorated sharply. Personal Insurance improved its underlying combined ratio to 86.3 on pricing gains, but written premiums fell 7% amid a competitive market. Employee Benefits core earnings fell 15% as the group disability loss ratio rose to 74.8, although fully insured ongoing premiums grew 5%. Net investment income rose 22% to $800 million, helped by a sharp increase in limited partnership income ($114 million versus $13 million), which is inherently volatile. Capital position and shareholder returns are strong. Book value per diluted share rose to $70.28 (up 17% year over year), and book value excluding AOCI reached $78.91. The company returned $615 million to shareholders in the quarter and the Board authorized a new $4.2 billion share repurchase program running from August 1, 2026 through the end of 2028, a 27% increase over the prior authorization. Trailing-twelve-month net income ROE was 23.8% and core earnings ROE was 18.7%. The results are furnished under Item 2.02 and are not deemed filed for Section 18 purposes.
  5. 8-KHARTFORD INSURANCE GROUP, INC. 8-K Report, Executive Changes (Jul 15, 2026)The Hartford Insurance Group (NYSE: HIG) announced on July 15, 2026, that its Board elected Randy Larsen as a director effective September 1, 2026. Larsen will join the Finance, Investment and Risk Management Committee and the Nominating and Corporate Governance Committee. The 8-K reports the Board's determination that he is independent under NYSE rules and has no related-party transactions with the Company. The filing contains no financial results, guidance, or operating metrics. Its investor relevance is governance-related. Larsen brings substantial insurance-distribution experience, including about 13 years at AssuredPartners, where he was CEO from 2023 until Gallagher acquired the firm in 2025. The Board is adding a director with brokerage, growth, and operational-transformation expertise, and his committee seats in finance, investment, and risk oversight are the most material governance points. Director compensation is modest and pro rated for the remainder of the 2026-2027 Board service year. He will receive $82,700 of the $115,000 annual cash retainer and restricted stock units valued at $136,600 from the $190,000 annual equity retainer, plus standard non-management director benefits. The RSUs are granted on the second trading day after the Q3 2026 Form 10-Q is filed, and the amounts are not material to the Company's financial statements.
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04—See also

Related Companies

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