Hartford reported a 36% increase in net income for the first quarter of 2026, driven by lower catastrophe losses, higher investment income and continued premium growth in its property and casualty business.
Net profit attributable to common shareholders in the first quarter of 2026 reached US$851 million, up from US$625 million in the same period a year earlier, while core earnings also increased 36% to US$866 million.
Hartford Property & Casualty (P&C) written premiums increased 4% in the first quarter of 2026, driven by a 6% increase in commercial insurance premiums.
The combined ratio of the commercial insurance business was 94.8%, and the underlying combined ratio was 89.2%. The underwriting profitability continued to be good.
The segment’s net profit was $536 million in the first quarter of this year, compared with $477 million in the first quarter of 2025.
At the same time, personal insurance performance also improved, with a combined ratio of 87.7%, a significant increase from 106.1% in the same period last year, reflecting reduced catastrophe losses and improved underlying loss performance.
According to The Hartford, net income in the personal insurance segment was $139 million in the first quarter of 2026, compared with net income of $5 million in the same period last year.
Group-wide pre-tax catastrophe losses totaled $230 million in the first quarter of this year, compared with $467 million in the first quarter of 2025, with events primarily caused by winter storms and severe weather activity.
Christopher Swift, Chairman and Chief Executive Officer of The Hartford, commented: “Our underwriting discipline, breadth and depth of distribution relationships, and customer-centric focus position us well to navigate a dynamic environment.
“Our continued investment in innovation and technology will continue to enhance our business processes and further differentiate The Hartford Hotel in the market.”
