← HARTFORD INSURANCE GROUP, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $18.3b | $17.0b | $1.4b | $1.4b | $1.4b | $1.6b | $1.4b | $1.4b | $1.5b | $1.5b | |
| Revenues: | |||||||||||
| Operating Expenses | — | — | $4.3b | $4.6b | — | — | — | — | — | — | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $4.0m | $14.0m | $68.0m | $66.0m | $72.0m | $71.0m | $71.0m | $71.0m | $71.0m | $71.0m | |
| Amortization of other intangible assets | $4.0m | $14.0m | $68.0m | $66.0m | $72.0m | $71.0m | $71.0m | $71.0m | $71.0m | $71.0m | |
| Earned premiums | $13.8b | $14.1b | $15.9b | $16.9b | $17.3b | $18.0b | $19.4b | $21.0b | $22.6b | $24.0b | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | — | — | — | $0 | — | $6.0m | $28.0m | $5.0m | ($5.0m) | ($30.0m) | |
| Fee income | $1.7b | $980.0m | $1.3b | $1.3b | $1.3b | $1.5b | $1.3b | $1.3b | $1.4b | $1.4b | |
| Goodwill, Impairment Loss | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | $1.8b | $2.6b | $2.2b | $2.9b | $2.3b | $3.0b | $3.8b | $4.6b | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | $2.6b | $2.1b | $2.9b | $2.3b | $3.1b | $3.8b | $4.8b | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | $4 | $6 | $5 | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | $4 | $6 | $5 | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | — | — | $214.0m | $267.0m | $244.0m | $630.0m | $533.0m | $181.0m | $103.0m | $291.0m | |
| Less: Preferred stock dividends | — | — | — | — | — | $21.0m | $21.0m | $21.0m | $21.0m | $21.0m | |
| Net investment income | $3.0b | $1.6b | $1.8b | $2.0b | $1.8b | $2.3b | $2.2b | $2.3b | $2.6b | $2.9b | |
| Net realized losses | ($268.0m) | $165.0m | ($112.0m) | $395.0m | ($14.0m) | $509.0m | ($627.0m) | ($188.0m) | ($61.0m) | ($100.0m) | |
| Other Income | $86.0m | $85.0m | $105.0m | $170.0m | $126.0m | $81.0m | $73.0m | $84.0m | $88.0m | $110.0m | |
| Other revenues | $86.0m | $85.0m | $105.0m | $170.0m | $126.0m | $81.0m | $73.0m | $84.0m | $88.0m | $110.0m | |
| Preferred Stock Dividends, Income Statement Impact | — | — | $6 | $21 | $21 | $21 | $21 | $21 | $21 | $21 | |
| Realized Investment Gains (Losses) | ($268.0m) | $165.0m | ($112.0m) | $395.0m | ($14.0m) | $509.0m | ($627.0m) | ($188.0m) | ($61.0m) | ($100.0m) | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | — | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Investments | — | — | — | — | — | $530.0m | ($627.0m) | ($188.0m) | ($61.0m) | ($100.0m) | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | $1.5b | $2.1b | $1.7b | $2.4b | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | $1.5b | $2.1b | $1.7b | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | $322.0m | $0 | $0 | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | $322.0m | $0 | $0 | — | — | — | — | — | |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | $896.0m | ($3.1b) | $1.8b | $2.1b | $1.7b | $2.3b | $1.8b | $2.5b | $3.1b | $3.8b | |
| Net Investment Income | $3.0b | $1.6b | $1.8b | $2.0b | $1.8b | $2.3b | $2.2b | $2.3b | $2.6b | $2.9b | |
| Policyholder Benefits and Claims Incurred, Net | $10.0b | $10.2b | $11.2b | $11.5b | $11.8b | $12.7b | $13.1b | $14.2b | $14.9b | $15.2b | |
| Premiums Earned, Net | $13.8b | $14.1b | $15.9b | $16.9b | $17.3b | $18.0b | $19.4b | $21.0b | $22.6b | $24.0b | |
| Net income | $896.0m | ($3.1b) | $1.8b | $2.1b | $1.7b | $2.4b | $1.8b | $2.5b | $3.1b | $3.8b | |
| Net income (loss) Basic | $2 | ($9) | $5 | $6 | $5 | $7 | $6 | $8 | $11 | $14 | |
| Net income (loss) Diluted | $2 | ($9) | $5 | $6 | $5 | $7 | $5 | $8 | $10 | $13 | |
| Net income (loss) available to common stockholders | $896.0m | ($3.1b) | $1.8b | $2.1b | $1.7b | $2.3b | $1.8b | $2.5b | $3.1b | $3.8b | |
| Net Income (Loss) Attributable to Parent | $896.0m | ($3.1b) | $1.8b | $2.1b | $1.7b | $2.4b | $1.8b | $2.5b | $3.1b | $3.8b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $896.0m | ($3.1b) | $1.8b | $2.1b | $1.7b | $2.3b | $1.8b | $2.5b | $3.1b | $3.8b | |
| Common Stock, Dividends, Per Share, Declared | $2.31 | $0.94 | $1.10 | $1.20 | $1.30 | $1.44 | $1.58 | $1.75 | $1.93 | $2.16 | |
| Earnings Per Share, Basic | $2.31 | $0.94 | $5.03 | $5.72 | $4.79 | $6.71 | $5.52 | $8.09 | $10.51 | $13.51 | |
| Earnings Per Share, Diluted | $2.27 | ($8.61) | $4.95 | $5.66 | $4.76 | $6.62 | $5.44 | $7.97 | $10.35 | $13.32 | |
| Preferred Stock, Dividends Per Share, Declared | $2.31 | $0.94 | $0.00 | $1,125.00 | $1,500.00 | $1,500.00 | $1,500.00 | $1,500.00 | $1,500.00 | $1,500.00 | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | 358.4m | 360.9m | 358.3m | 349.1m | 324.8m | 307.1m | 293.9m | 282.4m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | 364.1m | 364.9m | 360.6m | 354.1m | 329.5m | 311.5m | 298.6m | 286.5m | |
| Expenses | |||||||||||
| Amortization of deferred policy acquisition costs ("DAC") | $1.4b | $1.4b | $1.4b | $1.6b | $1.7b | $1.7b | $1.8b | $2.0b | $2.3b | $2.5b | |
| Benefits, losses and loss adjustment expenses | $10.0b | $10.2b | $11.2b | $11.5b | $11.8b | $12.7b | $13.1b | $14.2b | $14.9b | $15.2b | |
| Current Income Tax Expense (Benefit) | — | — | ($18.0m) | $8.0m | $410.0m | $488.0m | $549.0m | $582.0m | $785.0m | $815.0m | |
| Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Amortization | — | — | $1.4b | $1.6b | $1.7b | $1.7b | $1.8b | $2.0b | $2.3b | $2.5b | |
| Deferred Policy Acquisition Costs, Amortization Expense | $1.4b | $1.4b | $1.4b | $1.6b | $1.7b | $1.7b | $1.8b | $2.0b | $2.3b | $2.5b | |
| Income tax expense | ($92.0m) | $985.0m | $268.0m | $475.0m | $383.0m | $531.0m | $443.0m | $584.0m | $738.0m | $924.0m | |
| Interest Expense | $339.0m | $316.0m | $298.0m | $259.0m | $236.0m | $234.0m | $213.0m | $199.0m | $199.0m | $199.0m | |
| Interest expense | $339.0m | $316.0m | $298.0m | $259.0m | $236.0m | $234.0m | $213.0m | $199.0m | $199.0m | $199.0m | |
| Restructuring and other costs | — | — | $0 | $0 | $104.0m | $1.0m | $13.0m | $6.0m | $2.0m | $0 | |
| Selling, General and Administrative Expense | — | — | $4.3b | $4.6b | $4.5b | $4.8b | $4.8b | $4.9b | $5.3b | $5.6b | |
| Benefits, Losses and Expenses | $17.5b | — | $17.2b | $18.2b | $18.4b | $19.5b | $20.1b | $21.4b | $22.7b | $23.6b | |
| Income Tax Expense (Benefit) | ($92.0m) | $985.0m | $268.0m | $475.0m | $383.0m | $531.0m | $443.0m | $584.0m | $738.0m | $924.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.