Hartford Q3 Net Income Up 23% to $1.32B; Dividend Raised 12% to $0.67
HIG is trading near its 52-week low of $120.33 (13% above the low).
Summary
Hartford's Q3 net income rose 23% to $1.32 billion on a $497 million reinsurance commutation gain, but core earnings fell 6% to $956 million as disability losses rose. The company raised its quarterly dividend 12% to $0.67 and bought back $475 million of stock in the quarter.
Key Events · Earnings and Guidance · HIG
-
Q3 Net Income $1.32B on Commutation Gain
Net income available to common stockholders was $1,317 million, or $4.82 per diluted share, up 23% from $1,074 million ($3.77) a year ago, including a $497 million after-tax gain from commuting the NICO A&E reinsurance cover.
-
Core Earnings Fall 6% to $956 Million
Core EPS of $3.50 compared with $3.59 a year ago; the Employee Benefits group disability loss ratio rose 5.7 points to 76.3% and P&C catastrophe losses climbed to $198 million from $70 million.
-
Dividend Raised 12% to $0.67
Quarterly common dividend increases to $0.67 per share, payable Jan. 5, 2027 to shareholders of record Dec. 1, 2026.
-
$638 Million Returned in Q3
The quarter included $475 million of share repurchases and $163 million of common stockholder dividends paid.
Analysis · HIG · Finance
The headline $1.32 billion net income ($4.82 per diluted share) is flattered by a $497 million after-tax gain from commuting the NICO asbestos and environmental reinsurance cover — a one-time item excluded from core earnings. What matters is core earnings of $956 million ($3.50 per share), down 6% from $1,022 million a year ago, as Employee Benefits group disability losses jumped (loss ratio 76.3%, up 5.7 points) and catastrophe losses rose to $198 million from $70 million. Against that, the board raised the quarterly dividend 12% to $0.67 and the company returned $638 million to shareholders in the quarter ($475 million buybacks, $163 million dividends), signaling management still sees the capital position as strong. The stock reaction will hinge on whether investors treat the core miss as transient disability experience or a margin problem in a segment Hartford is expanding via the Equitable deal.
How filings like this one have moved
In the 30 days to Oct 27, 2026, 29.9% of the 1374 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.12%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, HIG was trading at $135.94 on NYSE in the Finance sector, with a market capitalization of approximately $36.8B. The 52-week trading range was $120.33 to $146.07. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.