The Hartford reported a 36% increase in net income for the first quarter of 2026, driven by lower catastrophe losses, stronger investment income, and continued premium growth across its Property & Casualty portfolio.
Net income attributable to common stockholders rose to $851 million in Q1 2026, compared with $625 million in the same period last year. Core earnings also increased by 36% to $866 million, reflecting broad-based operational strength.
Property & Casualty written premiums increased 4% year-on-year, supported by 6% growth in Business Insurance. The segment delivered a combined ratio of 94.8%, with an underlying combined ratio of 89.2%, highlighting continued underwriting profitability. Net income for Business Insurance reached $536 million, up from $477 million in Q1 2025.
Personal Insurance also showed a marked improvement, posting a combined ratio of 87.7% compared with 106.1% a year earlier. The improvement was largely attributed to reduced catastrophe losses and stronger underlying performance. Net income for the segment increased sharply to $139 million from just $5 million in the prior-year period.
Overall catastrophe losses for the group totalled $230 million pre-tax, down from $467 million in Q1 2025. Loss activity was primarily driven by winter storms and other severe weather events.
Christopher Swift, Chairman and CEO 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 ongoing investments in innovation and technology continue to strengthen our business processes and further differentiate The Hartford in the marketplace.”
