Hartford sees 41% rise in Q3 profit due to lower cat losses, higher premium

Hartford Financial Services Group on Monday posted third-quarter net income of $1.07 billion, up 41% from the same period last year, the result of higher premium and lower catastrophe losses, company officials said on an earnings webcast.

Chairman and CEO Christopher Swift said during the Tuesday webcast that he expects similar results to continue toward the end of the year.

“As we enter the final quarter of 2025, our financial strength, disciplined execution and strategic investments position the company to sustain strong results by leveraging industry-leading tools, underwriting expertise and advanced data science,” he said. “We are confident in our ability to continue to navigate a dynamic market cycle and deliver superior returns for our shareholders.”

Hartford posted its results after markets closed Monday. Core earnings for the third quarter totaled $1.07 billion, up 43% from this time last year.

Property/casualty written premiums increased by 7% in the third quarter of 2025, driven by business insurance premium growth of 9%, according to the results.

Hartford reported commercial lines’ current accident year catastrophe losses of $70 million, before taxes, compared with losses of $247 million in the year-earlier period.

Business insurance lines reported a combined ratio of 88.8, compared with 92.2 in the same period last year.