HARTFORD INSURANCE GROUP, INC. (HIG): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

The Hartford Insurance Group (HIG) announced that President A. Morris 'Mo' Tooker will succeed Christopher Swift as CEO on March 1, 2027. Tooker will join the board on October 1, 2026, while Swift will become executive chair.

Hartford received $1.12B from Berkshire Hathaway's National Indemnity to settle an asbestos reinsurance dispute and terminate their 2016 agreement. The settlement resolves an arbitration and results in a $497M pretax gain for Hartford, boosting Q3 2026 net income by $393M.

Chubb (CB) beat estimates but fell 2.3% to $346.63. AIG (AIG) missed expectations with $7.11B revenue, down 3.2% to $77.39. Kemper (KMPR) reported $1.12B revenue, down 9.1%, and fell 5.5% to $27.67. All three companies missed key analyst estimates.

Hartford Financial Services Group (HIG) said it will acquire Equitable Holdings’ employee benefits business for about $500 million in premium, including related technology. The deal targets small and midsize employers and will add about 300 employees. Financial terms were not disclosed. Hartford expects closing in Q4 2026 and said it won’t change prior capital plans.

The Hartford reported higher Q2 profit, citing resilient insurance demand and higher investment income. Property and casualty written premiums rose 3% year over year, and business insurance premiums increased 5% to $4.02 billion. Core earnings were $945 million, or $3.42 per share. Net investment income before tax rose to $800 million. Reuters.

Hartford Insurance Group (HIG) reported Q2 results versus six-analyst estimates. Underlying combined ratio was 89.3% vs 88.6%. Personal Insurance loss and LAE ratio was 63.8% vs 70.5%, while Personal combined ratio was 90.1% vs 96.5%. Earned premium (Personal) was $905M vs $914.38M; net investment income (P&C) was $645M vs $585.92M.