The Hartford Insurance Group has published its third-quarter financial results. In the release, the company said net income available to common stockholders of $1.3 billion ($4.82 per diluted share) increased 23% from $1.1 billion ($3.77 per diluted share) over the same period in 2025.
On core earnings, the company reported that core earnings of $956 million ($3.50 core earnings per diluted share*) decreased 6% from $1,022 million ($3.59 core earnings per diluted share) over the same period in 2025.
Earnings and Returns on Equity
The release also reports returns for the trailing 12 months. On returns, the company reported net income ROE for the trailing 12 months of 25.0% and core earnings ROE* of 17.9%.
Christopher Swift, the company’s Chairman and CEO, said in the release: “The Hartford delivered another quarter of strong results in an increasingly competitive market.”
Premium Growth and Business Insurance Performance
On premiums, the company said Property & Casualty (P&C) written premiums increased by 4% in the third quarter of 2026, driven by Business Insurance premium growth of 6%.
For Business Insurance, the company reported a third-quarter combined ratio of 91.3 and an underlying combined ratio* of 90.1.
Catastrophe Losses and Segment Combined Ratios
For Property & Casualty as a whole, the company said P&C CAY CAT losses of $198 million, before tax, in third quarter 2026, primarily from tornado, wind and hail events, increased from CAY CAT losses of $70 million in third quarter 2025.
For Business Insurance, the company reported CAY CAT losses of $106 million, before tax, in third quarter 2026, primarily from tornado, wind and hail events, increased from CAY CAT losses of $39 million in third quarter 2025. For Personal Insurance, it reported CAY CAT losses of $92 million, before tax, in third quarter 2026, including losses from tornado, wind and hail events, increased from $31 million of CAY CAT losses in third quarter 2025.
For Personal Insurance as a whole, the company reported a third-quarter combined ratio of 93.2 and an underlying combined ratio* of 87.1.
The company also gave combined ratios for individual sub-segments. In its Small Business results, the release says the combined ratio of 84.5 improved from 87.9 in third quarter 2025, including flat PYD and 1.2 points of higher CAY CATs. In Middle & Large Business, the release says the combined ratio of 101.7 increased from 90.8 in third quarter 2025, including 2.5 points of higher CAY CATs and 0.3 points of less favorable PYD.
For Global Specialty, the release says the combined ratio of 89.1 increased from 86.9 in third quarter 2025, including 1.7 points of higher CAY CATs and 0.3 points of less favorable PYD.
On the personal lines side, the company reported for Homeowners that the combined ratio of 94.7 increased 13.5 points from 81.2 in third quarter 2025, including 17.0 points of higher CAY CATs and 0.5 points of more favorable PYD. For Personal Automobile, it reported that the combined ratio of 92.3 improved 0.2 points from 92.5 in third quarter 2025, including 0.9 points of less favorable PYD and 0.8 points of higher CAY CATs.
InsuraBeat has separate coverage of Chubb Third Quarter: North America Commercial Down, Overseas General Up.
Employee Benefits Margins and Loss Ratio
In Employee Benefits, the company cited fully insured ongoing premium growth of 4% in the third quarter of 2026.
For Employee Benefits, the release reports a third-quarter net income margin of 7.0% and a core earnings margin* of 6.4%. The company also said the Employee Benefits loss ratio of 74.9 increased from 70.1 in third quarter 2025, driven by an increase in both the group disability and group life loss ratios.
InsuraBeat has separate coverage of Travelers Calls Its Third Quarter Excellent in SEC Filing.
Investment Income, Prior-Year Development and Capital Returned
On investments, the company reported net investment income of $850 million, before tax, increased from $755 million in third quarter 2025, primarily driven by increased income from limited partnerships and other alternative investments (LPs) and a higher level of invested assets. Beth Costello, the company’s CFO, described the result in her own words: “Investment income was excellent, supported by higher income from limited partnerships and other alternative investments and a higher level of invested assets.”
On reserves, the company said net favorable prior-year development (PYD) of $594 million, before tax, in third quarter 2026 includes a net gain of $497 million from the impact of commuting the asbestos and environmental adverse development cover (A&E ADC). InsuraBeat has separate coverage of Hartford Commutes Asbestos and Environmental Cover With NICO.
On capital, the company said it returned $638 million to stockholders in the third quarter, including $475 million of shares repurchased and $163 million in common stockholder dividends paid. The company also increased the quarterly common dividend per share by 12%, to $0.67, payable Jan. 5, 2027, to shareholders of record at the close of business on Dec. 1, 2026.
