Hartford reports mixed third-quarter results and raises dividend 12%
The Hartford reported third-quarter 2026 net income of $1.3B, up 23% year over year, while core earnings fell 6% to $956m. Revenue was $7.22B, and P&C written premiums increased 4%, led by 6% growth in Business Insurance. The company raised its quarterly dividend 12% to $0.67 per share and said Mo Tooker will succeed Christopher Swift as CEO on March 1, 2027.
Why it matters
The dividend increase raises Hartford’s quarterly cash distribution to shareholders, effective with the payment scheduled for January 5, 2027. The company also continues to return capital through share repurchases, while the earnings decline and competitive pressures affect the operating outlook.
Key facts
- 1Third-quarter 2026 net income rose 23% year over year to $1.3B. stocktitan.net
- 2Core earnings declined 6% to $956m in the quarter. reinsurancene.ws
- 3P&C written premiums grew 4%, including 6% growth in Business Insurance. stocktitan.net
- 4Hartford increased its quarterly common dividend 12% to $0.67 per share, payable Jan. 5, 2027, to shareholders of record on Dec. 1, 2026. stocktitan.net
- 5The company repurchased $638 million of shares during the quarter. stocktitan.net
- 6Mo Tooker is scheduled to become CEO on March 1, 2027, while Christopher Swift transitions to Executive Chair. stocktitan.net
Open questions
- The materials report different third-quarter core or non-GAAP diluted EPS figures: $3.77 in material 2 and $3.50 in materials 3, 8 and 9.
- Revenue expectations differ between $7.39 billion in material 1 and $7.41 billion in material 5.
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.