The Hartford Financial Services Group

Financial | Property & Casualty Insurance | USA
The Hartford Announces Fourth Quarter 2018 Financial Results And $1.0 Billion Share Repurchase Authorization; Also Provides 2019 Key Business Metrics Outlook

• Fourth quarter 2018 income from continuing operations, after tax, totaled $196 million ($0.52 per diluted share1) compared with a loss from continuing operations, after tax, of $558 million ($1.56 per diluted share) in fourth quarter 2017, which included an $877 million charge related to U.S. corporate tax reform
  
  
• Fourth quarter 2018 core earnings* of $284 million ($0.78 per diluted share*) decreased slightly from $293 million($0.81 per diluted share) in fourth quarter 2017 as higher catastrophe losses in property and casualty (P&C) offset increased core earnings in Group Benefits and Hartford Funds and the benefit of a lower U.S. corporate tax rate in 2018
  
  
• Full year 2018 income from continuing operations, after tax, totaled $1,485 million ($4.06 per diluted share1) compared with a loss from continuing operations, after tax, of $262 million ($0.72 per diluted share) in 2017. Full year 2018 core earnings grew 55% to $1,575 million ($4.33 per diluted share) from $1,014 million ($2.74 per diluted share) in 2017
  

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https://finance.yahoo.com/news/hartford-...00683.html

Hartford Financial's (HIG) Q4 Earnings Beat Mark, Soar Y/Y

The Hartford Financial Services Group, Inc. HIG reported fourth-quarter 2019 adjusted operating earnings of $1.43 per share, beating the Zacks Consensus Estimate by 6.7% on better underwriting results in Property & Casualty, a lower group disability loss ratio in Group Benefits and an improved net investment income. The bottom line also surged 83.3% year over year.

Total operating revenues of $5.3 billion were up 15.7% year over year on the back of solid segmental contributions with a major uptick from its Commercial Lines segments.


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https://finance.yahoo.com/news/hartford-...02551.html