The Hartford Net Income Up 35% on Premium Growth

Net income at The Hartford increased 35% to $990 million in the second quarter 2025 as personal lines returned to profitability compared to the same period a year ago.

Q2 property/casualty written premiums increased 8% compared to Q2 2024. Premiums increased 8% and 7%, respectively, for business and personal insurance segments compared to 2024.

Total catastrophe losses were $212 million, pretax, versus $280 a year ago. Losses this year were due to tornado, wind, and hail events mostly in the South and Midwest regions.

In personal lines, Q2 net income was $91 million compared to a loss of $11 million for Q2 2024. The underwriting gain was $55 million to reverse a loss of $63 million a year ago. The combined ratio for personal lines was 94.1—much better than last year’s Q2 result of 107.4.

The combined ratio for personal auto was 94, 11.4 points better than the Q2 result last year. Homeowners combined ratio of 94.4 is compared with 114.5 in Q2 2024. Price increases at renewal in automobile and homeowners were 14% and 12.7%, respectively.

The Hartford’s business insurance segment contributed $696 million to the total Q2 net income figure, increasing 29% compared to net income in the segment last year during Q2. Underwriting profit was up 39% to $444 million and the combined ratio improved 2.8 points to 87. Pretax catastrophe losses in Q2 were down to $114 million from $155 for 2024.

“Second quarter 2025 written premiums of $3.8 billion were up 8% from second quarter 2024, with increases across the segment, including 9% growth in both small business and global specialty, driven in part by solid new business growth and strong renewal written pricing,” The Hartford said.