The Hartford reports 23% increase in Q3 2026 net income

The Hartford reported a 23% increase in net income for the third quarter of 2026, reaching $1.3 billion compared to $1.1 billion in the same period the previous year.

Property and Casualty (P&C) written premiums rose by 4%, supported by a 6% growth in the Business Insurance segment. However, the company saw an increase in catastrophe losses, which totaled $198 million before tax due to tornado, wind, and hail events, up from $70 million in the prior year.

While Business Insurance premiums grew, its underwriting profit fell 18% to $327 million. The Personal Insurance segment experienced a 33% drop in net income to $93 million, with underwriting income falling 42%. The Employee Benefits segment saw net income decrease by 8% to $132 million. Pretax net investment income rose 13% to $850 million.