HARTFORD FINANCIAL SERVICES GROUP INC
For the period ended Mar 31, 2024. Filed Apr 25, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 25, 2024
HIG$134.86+0.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Financial Highlights
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| Table of Contents | Index to MD&A |
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FIRST QUARTER FINANCIAL HIGHLIGHTS
| Net Income Available to Common Stockholders | Net Income Available to Common Stockholders per Diluted Share | Book Value per Diluted Share |
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| Ý | Increased $218 or 41% | Ý | Increased $0.81 or 49% | Ý | Increased $0.80 or 2% | ||
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| + | Higher net investment income | + | Increase in net income available to common stockholders | + | Net income in excess of common stockholder dividends | ||
| + | The effect of higher earned premiums in P&C and Group Benefits | ||||||
| + | Reduction in outstanding shares due to share repurchases | - | Dilutive effect of share repurchases | ||||
| + | Favorable prior accident year development in the 2024 period | - | A decrease in AOCI, primarily driven by an increase in net unrealized losses on AFS securities | ||||
| + | A change to net realized gains from net realized losses | ||||||
| + | Lower catastrophe losses in P&C | ||||||
| + | Improved group life and group disability loss ratios | ||||||
| Investment Yield, After Tax | Property & Casualty Combined Ratio | Group Benefits Net Income Margin |
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| Ý | Increased 30 bps | Þ | Improved 2.9 points | Ý | Increased 0.9 points | ||
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| + | A higher yield on fixed maturity securities due to reinvesting at higher rates and an increased yield on variable-rate securities | - | Favorable prior accident year development in the 2024 period | + | Lower group life and group disability loss ratios | ||
| - | Lower catastrophe losses | + | The effect of higher fully insured ongoing premiums | ||||
| - | Lower returns on limited partnerships and other alternative investments | - | A lower expense ratio, primarily driven by higher earned premium | ||||
| + | Higher net investment income | ||||||
| - | A higher expense ratio | ||||||
| - | Lower net realized gains | ||||||
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| Table of Contents | Index to MD&A |
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.