The Hartford Insurance Group, Inc., together with its subsidiaries, provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Business Insurance segment offers insurance coverages, including workers’ compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, accident, health, and reinsurance through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. The company's Personal Insurance segment provides automobile, homeowners, and personal umbrella coverages through direct-to-consumer channels and independent agents. Its Property & Casualty Other Operations segment offers coverage for asbestos and environmental exposures. The company's Employee Benefits segment provides group life, disability, and other group coverages to members of employer groups, associations, and affinity groups through direct insurance policies; reinsurance to other insurance companies; employer paid and voluntary product coverages; disability underwriting, administration, and claims processing to self-funded employer plans; and leave management solution. This segment also distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Its Hartford Funds segment offers managed mutual funds across various asset classes; and exchange-traded funds through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers, as well as investment management, distribution, and administrative services, such as product design, implementation, and oversight. The Hartford Insurance Group, Inc. was founded in 1810 and is headquartered in Hartford, Connecticut.
Resilient Performance | Hartford Financial Services Group demonstrates strength in Group Benefits and Commercial Lines, offsetting challenges in Personal Lines and catastrophe losses |
Capital Stewardship | Explore Hartford's commitment to shareholder value through a $3.3 billion share repurchase program and consistent dividend growth over 12 years |
Market Dynamics | Delve into Hartford's navigation of a competitive P&C insurance landscape, balancing rate adequacy improvements against ongoing casualty loss cost trends |
Future Prospects | Analyst targets range from $105 to $125, reflecting varied opinions on Hartford's ability to achieve its ambitious 15% ROE target by 2024 |
Metrics to compare | HIG | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipHIGPeersSector | |
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P/E Ratio | 10.9x | 8.4x | 8.5x | |
PEG Ratio | 0.36 | −0.72 | 0.03 | |
Price/Book | 2.1x | 1.4x | 1.0x | |
Price / LTM Sales | 1.3x | 1.4x | 2.6x | |
Upside (Analyst Target) | 11.2% | 0.0% | 21.1% | |
Fair Value Upside | Unlock | 7.5% | 3.7% | Unlock |