Hartford's Q2 earnings benefit from strong premium gains and improved loss ratios in Business Insurance and Personal Insurance units, partly offset by higher benefit costs.
The Hartford Insurance Group, Inc. (NYSE:HIG ) Q2 2025 Earnings Conference Call July 29, 2025 9:00 AM ET Company Participants Adin Morris Tooker - President Beth A. Costello - Chief Financial Officer Christopher Jerome Swift - Chairman & CEO Kate Jorens - SVP, Treasurer & Head of Investor Relations Melinda Thompson - Head of Personal Lines Michael Jeffrey Fish - Executive VP & Head of Employee Benefits Conference Call Participants Andrew Scott Kligerman - TD Cowen, Research Division Brian Robert Meredith - UBS Investment Bank, Research Division Charles Gregory Peters - Raymond James & Associates, Inc., Research Division David Kenneth Motemaden - Evercore ISI Institutional Equities, Research Division Elyse Beth Greenspan - Wells Fargo Securities, LLC, Research Division Jian Huang - Morgan Stanley, Research Division Jon Paul Newsome - Piper Sandler & Co., Research Division Michael David Zaremski - BMO Capital Markets Equity Research Robert Cox - Goldman Sachs Group, Inc., Research Division Taylor Alexander Scott - Barclays Bank PLC, Research Division Wesley Collin Carmichael - Autonomous Research US LP Operator Hello, and thank you for standing by.
HIG eyes another earnings beat, fueled by premium growth and stronger Personal Insurance results in the second quarter.
Insurance - Diversified Industry | Financial Services Sector | Christopher Jerome Swift CPA CEO | NYSE Exchange | 416515104 Cusip |
US Country | 19,100 Employees | 2 Sep 2025 Last Dividend | 16 Jul 1998 Last Split | - IPO Date |
The Hartford Financial Services Group, Inc. and its subsidiaries stand as a premier provider of insurance and financial services on a global scale, with operations spanning across the United States, the United Kingdom, and other international territories. Born in 1810 and based in Hartford, Connecticut, The Hartford has built a reputation for delivering robust insurance solutions tailored not only to individual clients but to the business sector as well. Its strategic approach involves leveraging a comprehensive network that includes regional offices, sales, and policyholder service centers, alongside a wide-ranging distribution framework comprising independent retail agents and brokers, wholesale agents, and reinsurance brokers. This extensive infrastructure underpins its mission to offer superior coverage and financial products that meet the diverse needs of its clientele.
Targets the business sector by offering a spectrum of insurance coverages such as workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, accident, health, and reinsurance. These products are distributed through a blend of regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers, ensuring a wide accessibility to diverse business insurance needs.
Centralizes on offering individual customers insurance products like automobile, homeowners, and personal umbrella coverages. These services are made accessible directly to consumers and through independent agents, aiming to provide personal and property protection that aligns with the varying needs and expectations of individual clients.
Provides specialized coverage options targeting asbestos and environmental exposures, addressing the niche and complex needs of certain market segments and offering solutions for historically challenging risks.
An array of group life, disability, and other related coverages are offered to employer groups, associations, and affinity groups through direct insurance policies. This segment also offers reinsurance to other insurance companies, emphasizing employer paid and voluntary product coverages. Moreover, it provides disability underwriting, administration, and claims processing services to self-funded employer plans, along with a comprehensive leave management solution. These group insurance products and services are distributed across channels including brokers, consultants, third-party administrators, trade associations, and private exchanges, highlighting The Hartford's integrated approach to group benefits.
Delivers a broad suite of managed mutual funds covering diverse asset classes and exchange-traded funds through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers. Hartford Funds underscores the company's commitment to offering financial instruments that accommodate a wide range of investor preferences, facilitated by a robust set of investment management, distribution, and administrative services that include product design, implementation, and oversight.