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NEWS RELEASE

The Hartford Reports Strong Second Quarter 2026 Financial Results

Board authorized new $4.2 billion share repurchase program, representing a 27% increase from the prior authorization

•Second quarter 2026 net income available to common stockholders of $1.3 billion ($4.68 per diluted share) increased 31% from $990 million ($3.44 per diluted share) over the same period in 2025. Core earnings* of $945 million ($3.42 core earnings per diluted share*) increased 1% from $932 million ($3.24 core earnings per diluted share) over the same period in 2025.

•Net income ROE for the trailing 12 months of 23.8% and core earnings ROE* of 18.7%.

•Property & Casualty (P&C) written premiums increased by 3% in the second quarter of 2026, driven by Business Insurance premium growth of 5%.

•Employee Benefits fully insured ongoing premium growth of 5% in the second quarter of 2026.

•Business Insurance second quarter 2026 combined ratio of 91.4 and an underlying combined ratio* of 89.3.

•Personal Insurance second quarter 2026 combined ratio of 90.1 and an underlying combined ratio* of 86.3.

•Employee Benefits second quarter 2026 net income margin of 7.7% and a core earnings margin* of 7.4%.

•Returned $615 million to stockholders in the second quarter, including $450 million of shares repurchased and $165 million in common stockholder dividends paid. The company's Board of Directors authorized a new $4.2 billion share repurchase program, effective from Aug. 1, 2026, through the end of 2028.

* Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest U.S. GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures.

** All amounts and percentages set forth in this news release are approximate unless otherwise noted.

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HARTFORD, Conn., July 23, 2026 – The Hartford (NYSE: HIG) today announced financial results for the second quarter ended June 30, 2026.

“The Hartford delivered another quarter of strong results, reflecting the strength of our franchise, the breadth of our distribution relationships and our commitment to a superior customer experience,” said The Hartford’s Chairman and CEO Christopher Swift. “Supported by market-leading positions and differentiated capabilities across Property and Casualty and Employee Benefits, we continue to execute with discipline while investing in technology, data, artificial intelligence and customer-focused risk insights that strengthen our competitive position and further differentiate The Hartford in the marketplace.”

The Hartford’s Chief Financial Officer Beth Costello said, “Business Insurance delivered another strong quarter, with 5 percent written premium growth and an underlying combined ratio of 89.3. In Personal Insurance, the underlying combined ratio improved 1.7 points, while growth was impacted by a competitive market. Employee Benefits generated fully insured ongoing premium growth of 5 percent with a core earnings margin of 7.4 percent. Investment income remained strong, supported by our diversified portfolio and attractive new money yields."

Swift continued, “The recently announced new $4.2 billion share repurchase authorization demonstrates our disciplined approach to capital management. With strong execution across the enterprise, we remain well positioned to deliver outstanding ROEs and attractive returns for shareholders."

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CONSOLIDATED RESULTS:

Three Months Ended

($ in millions except per share data) Jun 30 2026Jun 30 2025 Change

Income from continuing operations, net of tax$980$9384%

Income from continuing operations, net of tax per diluted share$3.53$3.249%

Net income available to common stockholders$1,293$99031%

Net income available to common stockholders per diluted share1 $4.68$3.4436%

Core earnings$945$9321%

Core earnings per diluted share$3.42$3.246%

Book value per diluted share$70.28$60.0217%

Book value per diluted share (ex. accumulated other comprehensive income (AOCI))2 $78.91$68.3515%

Net income available to common stockholders' return on equity (ROE)3, last 12-months 23.8%19.8%4.0

Core earnings ROE3, last 12-months 18.7%16.0%2.7

[1]Includes dilutive potential common shares; for net income available to common stockholders per diluted share, the numerator is net income less preferred dividends

[2]Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest U.S. GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures

[3]Return on equity (ROE) is calculated based on last 12 months of net income available to common stockholders and core earnings, respectively; for net income ROE, the denominator is common stockholders’ equi

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NEWS RELEASE

The Hartford Reports First Quarter 2026 Financial Results

•First quarter 2026 net income available to common stockholders of $851 million ($3.04 per diluted share) increased 36% from $625 million ($2.15 per diluted share) over the same period in 2025. Core earnings* of $866 million ($3.09 core earnings per diluted share*) increased 36% from $639 million ($2.20 core earnings per diluted share) over the same period in 2025.

•Net income ROE for the trailing 12 months of 23.0% and core earnings ROE* of 20.3%.

•Property & Casualty (P&C) written premiums increased by 4% in the first quarter of 2026, driven by Business Insurance premium growth of 6%.

•Employee Benefits fully insured ongoing premium growth of 3% in the first quarter of 2026.

•Business Insurance first quarter 2026 combined ratio of 94.8 and an underlying combined ratio* of 89.2.

•Personal Insurance first quarter 2026 combined ratio of 87.7 and an underlying combined ratio* of 85.0.

•Employee Benefits first quarter 2026 net income margin of 6.4% and a core earnings margin* of 6.9%.

•Returned $617 million to stockholders in the first quarter, including $450 million of shares repurchased and $167 million in common stockholder dividends paid.

* Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest U.S. GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures.

** All amounts and percentages set forth in this news release are approximate unless otherwise noted.

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HARTFORD, Conn., April 23, 2026 – The Hartford (NYSE: HIG) today announced financial results for the first quarter ended March 31, 2026.

“The Hartford’s first quarter 2026 results were strong with core earnings of $866 million, building on continued momentum from the past few years,” said The Hartford’s Chairman and CEO Christopher Swift. “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.”

The Hartford's Chief Financial Officer Beth Costello said, “Business Insurance delivered another strong quarter, with 6 percent written premium growth and an underlying combined ratio of 89.2. In Personal Insurance, the underlying combined ratio improved 4.7 points, while growth was impacted by a competitive market. Employee Benefits generated a core earnings margin of 6.9 percent, with outstanding life and strong disability performance and excellent new business sales growth. Investment income remained strong, supported by our diversified portfolio and attractive new money yields."

Swift continued, “The Hartford is a proven and consistent performer delivering a trailing 12 month core earnings ROE of 20.3 percent. Quarter after quarter, our results demonstrate how our strategy translates into durable financial performance. Looking forward, our foundation is strong and our strategy is clear, reflecting who we are at the core—an underwriting company that consistently delivers with discipline and innovates with purpose."

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CONSOLIDATED RESULTS:

Three Months Ended

($ in millions except per share data) Mar 31 2026Mar 31 2025 Change

Net income available to common stockholders$851$62536%

Net income available to common stockholders per diluted share1 $3.04$2.1541%

Core earnings$866$63936%

Core earnings per diluted share$3.09$2.2040%

Book value per diluted share$66.58$57.0717%

Book value per diluted share (ex. accumulated other comprehensive income (AOCI))2 $75.25$65.9914%

Net income available to common stockholders' return on equity (ROE)3, last 12-months 23.0%18.8%4.2

Core earnings ROE3, last 12-months 20.3%16.2%4.1

[1]Includes dilutive potential common shares; for net income available to common stockholders per diluted share, the numerator is net income less preferred dividends

[2]Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest U.S. GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures

[3]Return on equity (ROE) is calculated based on last 12-months net income available to common stockholders and core earnings, respectively; for net income ROE, the denominator is common stockholders’ equity including AOCI; for core earnings ROE, the denominator is common stockholders’ equity excluding AOCI

First quarter 2026 net income available to common stockholders of $851 million, or $3.04 per diluted share, improved from $625 million in first quarter 2025, primarily driven by lower P&C CAY CATs, higher ne

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The Hartford Reports Outstanding Fourth Quarter Earnings Of $1.1 Billion And Full Year 2025 Earnings Of $3.8 Billion

Net income ROE for the year of 22.0% and core earnings ROE of 19.4%

•Fourth quarter 2025 net income available to common stockholders of $1.1 billion ($3.98 per diluted share) increased 33% from $848 million ($2.88 per diluted share) over the same period in 2024. Core earnings* of $1.1 billion ($4.06 core earnings per diluted share*) increased 33% from $865 million ($2.94 core earnings per diluted share) over the same period in 2024.

•Full year 2025 net income available to common stockholders of $3.8 billion ($13.32 per diluted share) increased 23% from $3.1 billion ($10.35 per diluted share) over the same period in 2024. Core earnings* of $3.8 billion ($13.42 core earnings per diluted share*) increased 25% from $3.1 billion ($10.30 core earnings per diluted share) over the same period in 2024.

•Net income ROE for the year of 22.0% and core earnings ROE* of 19.4%.

•Property & Casualty (P&C) written premiums increased by 5% in the fourth quarter of 2025 compared to the same period in 2024, and by 7% for the full year, driven by Business Insurance premium growth of 7% and 8%, respectively.

•Business Insurance fourth quarter 2025 combined ratio of 83.6 and an underlying combined ratio* of 88.1. Full year 2025 combined ratio of 88.3 and an underlying combined ratio of 88.5.

•Personal Insurance fourth quarter 2025 combined ratio of 79.6 and an underlying combined ratio* of 84.3. Full year 2025 combined ratio of 91.9 and an underlying combined ratio of 88.0.

•Employee Benefits fourth quarter net income margin of 7.2% and a core earnings margin* of 7.6%. Full year net income margin of 7.8% and core earnings margin of 8.2%.

•Returned $546 million to stockholders in the fourth quarter, including $400 million of shares repurchased and $146 million in common stockholder dividends paid. For the full year, returned $2.2 billion to stockholders, including $1.6 billion of shares repurchased and $592 million in common stockholder dividends paid.

* Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest U.S. GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures.

** All amounts and percentages set forth in this news release are approximate unless otherwise noted.

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HARTFORD, Conn., Jan. 29, 2026 – The Hartford (NYSE: HIG) today announced financial results for the fourth quarter and year ended Dec. 31, 2025.

“The Hartford delivered an outstanding year, with core earnings of $3.8 billion and a core earnings ROE of 19.4 percent,” said The Hartford’s Chairman and CEO Christopher Swift. “Results were driven by excellent performance in Business Insurance, which once again generated robust top-line growth at highly profitable margins, a pivotal year in Personal Insurance that restored target profitability in auto, strong margins in Employee Benefits, and solid performance from our investment portfolio.”

The Hartford's Chief Financial Officer Beth Costello said, “Business Insurance once again delivered excellent results in the quarter, with 7 percent top-line growth and an underlying combined ratio of 88.1. Personal Insurance achieved 5.9 points of underlying combined ratio improvement, while Employee Benefits delivered a core earnings margin of 7.6 percent. Investment performance was solid, supported by a diversified portfolio, attractive new money yields, and strong limited partnership returns."

Swift continued, “These outstanding fourth quarter and full-year results demonstrate the effectiveness of our strategy and the impact of innovation across the enterprise. We enter 2026 with momentum. Disciplined underwriting, extensive and trusted distribution relationships, and an unparalleled customer experience position The Hartford to continue delivering superior returns for shareholders."

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CONSOLIDATED RESULTS:

Three Months EndedYear Ended

($ in millions except per share data) Dec 31 2025Dec 31 2024 ChangeDec 31 2025Dec 31 2024Change

Net income available to common stockholders$1,126$84833%$3,815$3,09023%

Net income available to common stockholders per diluted share1 $3.98$2.8838%$13.32$10.3529%

Core earnings$1,148$86533%$3,845$3,07625%

Core earnings per diluted share$4.06$2.9438%$13.42$10.3030%

Book value per diluted share$66.31$55.0920%

Book value per diluted share (ex. accumulated other comprehensive income (AOCI))2 $73.62$64.9513%

Net income available to common stockholders' return on equity (ROE)3, last 12-months 22.0%19.9%2.1

Core earnings ROE3, last 12-months 19.4%16.7%2.7

[1]Includes dilutive potential common shares; for net income available to common stockholders per diluted share, the numerator is net income less preferred dividends

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The Hartford Announces Record Third Quarter Earnings

Increased quarterly common dividend per share by 15%

•Record third quarter 2025 net income available to common stockholders of $1.1 billion ($3.77 per diluted share) increased 41% from $761 million ($2.56 per diluted share) over the same period in 2024. Record core earnings* of $1.1 billion ($3.78 core earnings per diluted share*) increased 43% from $752 million ($2.53 core earnings per diluted share) over the same period in 2024.

•Net income ROE for the trailing 12 months of 20.3% and core earnings ROE* of 18.4%.

•Property & Casualty (P&C) written premiums increased by 7% in the third quarter of 2025, driven by Business Insurance premium growth of 9%.

•Business Insurance third quarter 2025 combined ratio of 88.8 and an underlying combined ratio* of 89.4.

•Personal Insurance third quarter 2025 combined ratio of 88.7 and an underlying combined ratio* of 90.0.

•P&C current accident year (CAY) catastrophe (CAT) losses in third quarter 2025 of $70 million, before tax, compared with $247 million, before tax in third quarter 2024.

•Employee Benefits third quarter net income margin of 8.1% and a core earnings margin* of 8.3%.

•Returned $547 million to stockholders in the third quarter, including $400 million of shares repurchased and $147 million in common stockholder dividends paid. Increased the quarterly common dividend per share by 15%, to $0.60, payable Jan. 5, 2026 to shareholders of record at the close of business on Dec. 1, 2025.

* Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest U.S. GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures.

** All amounts and percentages set forth in this news release are approximate unless otherwise noted.

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HARTFORD, Conn., Oct. 27, 2025 – The Hartford (NYSE: HIG) today announced financial results for the third quarter ended Sept. 30, 2025.

“The Hartford delivered outstanding third quarter results, generating record core earnings of $1.1 billion and a trailing 12-month core earnings ROE of 18.4 percent,” said The Hartford’s Chairman and CEO Christopher Swift. “These results highlight the strength of The Hartford’s franchise, effectiveness of our strategy and ability to deliver differentiated solutions for customers.”

The Hartford's Chief Financial Officer Beth Costello said, “Business Insurance delivered excellent top-line growth of 9 percent, with an underlying combined ratio of 89.4. Excluding workers’ compensation, pricing was 7.3 percent, and above the overall loss trend. Personal Insurance achieved 3.7 points of underlying combined ratio improvement, while Employee Benefits delivered an outstanding core earnings margin of 8.3 percent. Investment performance was strong, supported by a diversified portfolio and attractive new money yields."

Swift continued, “Building on our consistent track record of annual dividend increases, we are pleased to announce a 15 percent increase in the common quarterly dividend. As we enter the final quarter of 2025, our financial strength, disciplined execution, and investments to advance innovation continue to position The Hartford to deliver strong results. In a dynamic market, these advantages reinforce our competitive standing and ability to generate superior returns for shareholders."

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CONSOLIDATED RESULTS:

Three Months Ended

($ in millions except per share data) Sep 30 2025Sep 30 2024 Change

Net income available to common stockholders$1,074$76141%

Net income available to common stockholders per diluted share1 $3.77$2.5647%

Core earnings$1,077$75243%

Core earnings per diluted share$3.78$2.5349%

Book value per diluted share$63.86$56.3913%

Book value per diluted share (ex. accumulated other comprehensive income (AOCI))2 $70.92$63.1712%

Net income available to common stockholders' return on equity (ROE)3, last 12-months 20.3%20.0%0.3

Core earnings ROE3, last 12-months 18.4%17.4%1.0

[1]Includes dilutive potential common shares; for net income available to common stockholders per diluted share, the numerator is net income less preferred dividends

[2]Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest U.S. GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures

[3]Return on equity (ROE) is calculated based on last 12-months net income available to common stockholders and core earnings, respectively; for net income ROE, the denominator is common stockholders’ equity including AOCI; for core earnings ROE, the denominator is common stockholders’ equity excluding AOCI

Third quarter 2025 net income available to common stockh

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The Hartford Announces Second Quarter 2025 Financial Results

•Second quarter 2025 net income available to common stockholders of $990 million ($3.44 per diluted share) increased 35% from $733 million ($2.44 per diluted share) over the same period in 2024. Core earnings* of $981 million ($3.41 core earnings per diluted share*) increased 31% from $750 million ($2.50 core earnings per diluted share) over the same period in 2024.

•Net income ROE for the trailing 12 months of 19.8% and core earnings ROE* of 17.0%.

•Property & Casualty (P&C) written premiums increased by 8% in the second quarter of 2025, driven by Business Insurance and Personal Insurance premium growth of 8% and 7%, respectively.

•Business Insurance second quarter 2025 combined ratio of 87.0 and an underlying combined ratio* of 88.0.

•Personal Insurance second quarter 2025 combined ratio of 94.1 and an underlying combined ratio* of 88.0.

•Employee Benefits second quarter net income margin of 8.5% and a core earnings margin* of 9.2%.

•Returned $549 million to stockholders in the second quarter, including $400 million of shares repurchased and $149 million in common stockholder dividends paid.

* Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest U.S. GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures.

** All amounts and percentages set forth in this news release are approximate unless otherwise noted.

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HARTFORD, Conn., July 28, 2025 – The Hartford (NYSE: HIG) today announced financial results for the second quarter ended June 30, 2025.

“The Hartford’s second quarter results were outstanding, with core earnings reaching nearly $1 billion,” said The Hartford’s Chairman and CEO Christopher Swift. “This performance contributed to a trailing 12-month core earnings ROE of 17.0 percent and reflects the effectiveness of our strategy and consistent execution.”

The Hartford's Chief Financial Officer Beth Costello said, “Business Insurance had an excellent quarter with top-line growth of 8 percent and an underlying combined ratio of 88.0. Excluding workers’ compensation, pricing of 8.1 percent remained solid and above loss cost trends. Personal Insurance achieved 8.7 points of underlying combined ratio improvement. Employee Benefits delivered an exceptional core earnings margin of 9.2 percent. Investment performance was strong, benefiting from a diversified portfolio and attractive new money yields."

Swift continued, “We are expanding our market presence and growing with purpose. Our strategic investments are advancing innovation across the organization to benefit customers and distribution partners. We are confident in our ability to deliver profitable growth and capitalize on the opportunities ahead."

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CONSOLIDATED RESULTS:

Three Months Ended

($ in millions except per share data) Jun 30 2025Jun 30 2024 Change

Net income available to common stockholders$990$73335%

Net income available to common stockholders per diluted share1 $3.44$2.4441%

Core earnings$981$75031%

Core earnings per diluted share$3.41$2.5036%

Book value per diluted share$60.02$51.4317%

Book value per diluted share (ex. accumulated other comprehensive income (AOCI))2 $68.35$61.7111%

Net income available to common stockholders' return on equity (ROE)3, last 12-months 19.8%19.8%0.0

Core earnings ROE3, last 12-months 17.0%17.4%(0.4)

[1]Includes dilutive potential common shares; for net income available to common stockholders per diluted share, the numerator is net income less preferred dividends

[2]Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest U.S. GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures

[3]Return on equity (ROE) is calculated based on last 12-months net income available to common stockholders and core earnings, respectively; for net income ROE, the denominator is common stockholders’ equity including AOCI; for core earnings ROE, the denominator is common stockholders’ equity excluding AOCI

Second quarter 2025 net income available to common stockholders of $990 million, or $3.44 per diluted share, improved from $733 million in second quarter 2024, primarily driven by earned premium growth across P&C, more net favorable prior accident year development (PYD), improvement in the Personal Insurance underlying loss and loss adjustment expense ratio*, lower P&C current accident year (CAY) catastrophe (CAT) losses, higher net investment income, and lower net realized losses.

Included in the second quarter 2025 net income was a benefit of $24 million, before tax, compared with a benefit of $37 million in the 202

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The Hartford Announces First Quarter 2025 Financial Results

•First quarter 2025 net income available to common stockholders of $625 million ($2.15 per diluted share) decreased 16% from $748 million ($2.47 per diluted share) over the same period in 2024. Core earnings* of $639 million ($2.20 core earnings per diluted share*) decreased 10% from $709 million ($2.34 core earnings per diluted share) over the same period in 2024.

•Net income ROE for the trailing 12 months of 18.8% and core earnings ROE* of 16.2%.

•Property & Casualty (P&C) written premiums increased by 9% in the first quarter of 2025, driven by Business Insurance and Personal Insurance premium growth of 10% and 8%, respectively.

•Business Insurance first quarter 2025 combined ratio of 94.4 and an underlying combined ratio* of 88.4, consistent with the 2024 period.

•Personal Insurance first quarter 2025 combined ratio of 106.1 and an underlying combined ratio* of 89.7, an improvement of 6.4 points compared with the 2024 period.

•Employee Benefits first quarter net income margin of 7.4% and a core earnings margin* of 7.6%, an improvement from 6.1% in the 2024 period.

•P&C current accident year (CAY) catastrophe (CAT) losses in first quarter 2025 of $467 million, before tax, including losses related to the January 2025 California Wildfire Event of $325 million, net of reinsurance.

•Returned $550 million to stockholders in the first quarter, including $400 million of shares repurchased and $150 million in common stockholder dividends paid.

* Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest U.S. GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures.

** All amounts and percentages set forth in this news release are approximate unless otherwise noted.

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HARTFORD, Conn., April 24, 2025 – The Hartford (NYSE: HIG) today announced financial results for the first quarter ended March 31, 2025.

“The Hartford is off to a strong start in 2025, delivering a trailing 12-month core earnings ROE of 16.2 percent,” said The Hartford’s Chairman and CEO Christopher Swift. “Disciplined underwriting and pricing execution, exceptional talent, and innovative customer-centric solutions continue to drive our performance in a dynamic market environment that included elevated industry-wide catastrophe losses.”

The Hartford's Chief Financial Officer Beth Costello said, “Business Insurance had a strong quarter with top-line growth of 10 percent and an underlying combined ratio of 88.4. Excluding workers’ compensation, pricing grew to 9.9 percent. Personal Insurance achieved 6.4 points of underlying combined ratio improvement. Employee Benefits continued to outperform with a core earnings margin of 7.6 percent. Solid investment performance benefited from attractive new money yields and a diversified portfolio of assets."

Swift continued, “Our business performance is strong across the organization, and we remain steadfast in our commitment to delivering outstanding returns for our shareholders. We are well positioned to sustain our momentum, achieving profitable growth with industry-leading ROEs in 2025 and beyond."

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CONSOLIDATED RESULTS:

Three Months Ended

($ in millions except per share data) Mar 31 2025Mar 31 2024 Change

Net income available to common stockholders$625$748(16)%

Net income available to common stockholders per diluted share1 $2.15$2.47(13)%

Core earnings$639$709(10)%

Core earnings per diluted share$2.20$2.34(6)%

Book value per diluted share$57.07$50.2314%

Book value per diluted share (ex. accumulated other comprehensive income (AOCI))2 $65.99$60.1810%

Net income available to common stockholders' return on equity (ROE)3, last 12-months 18.8%18.5%0.3

Core earnings ROE3, last 12-months 16.2%16.6%(0.4)

[1] Includes dilutive potential common shares; for net income available to common stockholders per diluted share, the numerator is net income less preferred dividends

[2] Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest U.S. GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures

[3] Return on equity (ROE) is calculated based on last 12-months net income available to common stockholders and core earnings, respectively; for net income ROE, the denominator is common stockholders’ equity including AOCI; for core earnings ROE, the denominator is common stockholders’ equity excluding AOCI

First quarter 2025 net income available to common stockholders of $625 million, or $2.15 per diluted share, declined from $748 million in first quarter 2024, primarily driven by P&C CAY CAT losses of $467 million, before

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The Hartford Announces Outstanding Results For The Fourth Quarter and Full Year 2024

•Fourth quarter 2024 net income available to common stockholders of $848 million ($2.88 per diluted share) increased 11% from $766 million ($2.51 per diluted share) over the same period in 2023. Core earnings* of $865 million ($2.94 core earnings per diluted share*) decreased 7% from $935 million ($3.06 core earnings per diluted share) over the same period in 2023.

•Full year 2024 net income available to common stockholders of $3.1 billion ($10.35 per diluted share) increased 24% from $2.5 billion ($7.97 per diluted share) and core earnings of $3.1 billion ($10.30 core earnings per diluted share) increased 11% from $2.8 billion ($8.88 core earnings per diluted share) over the same period in 2023.

•Net income ROE for the year of 19.9% and core earnings ROE* of 16.7%.

•Property & Casualty (P&C) written premiums increased by 7% in the fourth quarter of 2024 compared to the same period in 2023, and by 10% for the full year, driven by Commercial Lines and Personal Lines premium growth of 6% and 12% in the fourth quarter, and 9% and 13% for the full year, respectively.

•Commercial Lines fourth quarter 2024 combined ratio of 87.4 and underlying combined ratio* of 87.1. Full year 2024 combined ratio of 89.9 and underlying combined ratio of 87.9.

•Personal Lines fourth quarter 2024 combined ratio of 85.8 improved 15.4 points, and underlying combined ratio* of 90.2 improved 9.3 points compared with the 2023 period. Full year 2024 combined ratio of 99.1 improved 8.4 points, and underlying combined ratio of 94.1 improved 5.2 points from the 2023 period.

•Group Benefits fourth quarter net income margin of 7.1% and core earnings margin* of 7.8%. Full year net income margin of 7.9% and core earnings margin of 8.2%.

•Returned $537 million to stockholders in the fourth quarter, including $400 million of shares repurchased and $137 million in common stockholder dividends paid. For the full year, returned $2.1 billion to stockholders, including $1.5 billion of shares repurchased and $556 million in common stockholder dividends paid.

* Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures.

** All amounts and percentages set forth in this news release are approximate unless otherwise noted.

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HARTFORD, Conn., Jan. 30, 2025 – The Hartford (NYSE: HIG) today announced financial results for the fourth quarter and year ended Dec. 31, 2024.

“The Hartford delivered an outstanding year with a core earnings ROE of 16.7 percent,” said The Hartford’s Chairman and CEO Christopher Swift. “Results were driven by sustained momentum in Commercial Lines, which once again generated strong top-line growth at highly profitable margins, significant progress in Personal Lines toward restoring target profitability in auto, continued strong margins in Group Benefits, and a higher investment portfolio yield.”

The Hartford's Chief Financial Officer Beth Costello said, “Commercial Lines had a strong quarter with top-line growth of 6 percent and an underlying combined ratio of 87.1. Pricing, excluding workers’ compensation, accelerated to 9.7 percent in the quarter and remains above loss cost trends. Personal Lines achieved 9.3 points of underlying combined ratio improvement in the quarter, including over 10 points in auto. Group Benefits continued to outperform with a core earnings margin of 7.8 percent, led by strong life and disability results."

Swift continued, “Our outstanding results demonstrate the strength of our franchise, particularly our exceptional underwriting execution, extensive distribution relationships, and an unparalleled customer experience. With these capabilities and our high quality talent, we are well positioned to sustain our momentum, delivering profitable growth at industry-leading ROEs in 2025 and beyond."

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CONSOLIDATED RESULTS:

Three Months EndedYear Ended

($ in millions except per share data) Dec 31 2024Dec 31 2023 ChangeDec 31 2024Dec 31 2023Change

Net income available to common stockholders$848$76611%$3,090$2,48324%

Net income available to common stockholders per diluted share1 $2.88$2.5115%$10.35$7.9730%

Core earnings$865$935(7)%$3,076$2,76711%

Core earnings per diluted share$2.94$3.06(4)%$10.30$8.8816%

Book value per diluted share$55.09$49.4311%

Book value per diluted share (ex. accumulated other comprehensive income (AOCI))2 $64.95$58.8310%

Net income available to common stockholders' return on equity (ROE)3, last 12-months 19.9%17.5%2.4

Core earnings ROE3, last 12-months 16.7%15.8%0.9

[1] Includes dilutive potential common shares; for net income available to common stockholders per diluted share, the nu

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The Hartford Announces Excellent Third Quarter 2024 Financial Performance

Increased quarterly common dividend per share by 11%

•Third quarter 2024 net income available to common stockholders of $761 million ($2.56 per diluted share) increased 18% from $645 million ($2.09 per diluted share) over the same period in 2023. Core earnings* of $752 million ($2.53 core earnings per diluted share*) increased 6% from $708 million ($2.29 core earnings per diluted share) over the same period in 2023.

•Net income ROE for the trailing 12 months of 20.0% and core earnings ROE* of 17.4%.

•Property & Casualty (P&C) written premiums rose 10% in third quarter 2024, driven by Commercial Lines and Personal Lines premium growth of 9% and 12%, respectively.

•Commercial Lines third quarter combined ratio of 92.2 and underlying combined ratio* of 88.6.

•P&C current accident year (CAY) catastrophe (CAT) losses in third quarter 2024 of $247 million, before tax, including losses from Hurricane Helene of $104 million.

•Group Benefits third quarter net income margin of 8.8% and core earnings margin* of 8.7%.

•Returned $538 million to stockholders in the third quarter, including $400 million of shares repurchased and $138 million in common stockholder dividends paid. Increased the quarterly common dividend per share by 11%, to $0.52, payable Jan. 3, 2025 to shareholders of record at the close of business on Dec. 2, 2024.

* Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures.

** All amounts and percentages set forth in this news release are approximate unless otherwise noted.

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HARTFORD, Conn., Oct. 24, 2024 – The Hartford (NYSE: HIG) today announced financial results for the third quarter ended Sept. 30, 2024.

"The Hartford delivered an excellent quarter with a trailing 12-month core earnings ROE of 17.4 percent,” said The Hartford’s Chairman and CEO Christopher Swift. “Commercial Lines once again generated strong top-line growth at highly profitable margins, Personal Lines continues to make progress toward restoring target profitability in auto, Group Benefits margin remained strong, and all businesses benefited from a consistent contribution from the investment portfolio.”

The Hartford's Chief Financial Officer Beth Costello said, “Commercial Lines had an excellent quarter with an underlying combined ratio of 88.6. Pricing, excluding workers’ compensation, at 9.5 percent in the quarter remains above loss cost trends. Personal Lines generated a 7.0-point improvement in the auto underlying combined ratio. Group Benefits continued to outperform with a core earnings margin of 8.7 percent, driven by strong results in life and disability."

Swift continued, “The Hartford’s performance through the first nine months of 2024 is a powerful example of sustained financial excellence even in the face of industry-wide elevated catastrophe losses. With strong capital generation, we are pleased to announce an 11 percent increase in our quarterly common dividend. Our franchise has never been better positioned to sustain industry-leading financial performance and create value for all our stakeholders.”

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CONSOLIDATED RESULTS:

Three Months Ended

($ in millions except per share data) Sep 30 2024Sep 30 2023 Change

Net income available to common stockholders$761$64518%

Net income available to common stockholders per diluted share1 $2.56$2.0922%

Core earnings$752$7086%

Core earnings per diluted share$2.53$2.2910%

Book value per diluted share$56.39$43.5030%

Book value per diluted share (ex. accumulated other comprehensive income (AOCI))2 $63.17$57.1211%

Net income available to common stockholders' return on equity (ROE)3, last 12-months 20.0%17.7%2.3

Core earnings ROE3, last 12-months 17.4%14.9%2.5

[1] Includes dilutive potential common shares; for net income available to common stockholders per diluted share, the numerator is net income less preferred dividends

[2] Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures

[3] Return on equity (ROE) is calculated based on last 12-months net income available to common stockholders and core earnings, respectively; for net income ROE, the denominator is common stockholders’ equity including AOCI; for core earnings ROE, the denominator is common stockholders’ equity excluding AOCI

Third quarter 2024 net income available to common stockholders of $761 million, or $2.56 per diluted share, improved from $645 million in third quarter 2023, primarily dr

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The Hartford Announces Outstanding Second Quarter 2024 Financial Performance

Board Authorized New $3.3 Billion Share Repurchase Program

•Second quarter 2024 net income available to common stockholders of $733 million ($2.44 per diluted share) increased 35% from $542 million ($1.73 per diluted share) over the same period in 2023. Core earnings* of $750 million ($2.50 core earnings per diluted share*) increased 28% from $588 million ($1.88 core earnings per diluted share) over the same period in 2023.

•Net income ROE of 19.8% and core earnings ROE* of 17.4%.

•Property & Casualty (P&C) written premiums rose 12% in second quarter 2024, driven by Commercial Lines and Personal Lines premium growth of 11% and 14%, respectively.

•Commercial Lines second quarter combined ratio of 89.8 and underlying combined ratio* of 87.4.

•P&C current accident year (CAY) catastrophe (CAT) losses in second quarter 2024 of $280 million, before tax, or 7.1 points on the combined ratio, compared with $226 million, or 6.2 points on the combined ratio, in second quarter 2023.

•Group Benefits second quarter net income margin of 9.7% and core earnings margin* of 10.0%.

•Board of Directors authorized a new $3.3 billion share repurchase program, effective from Aug. 1, 2024, through the end of 2026.

* Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures.

** All amounts and percentages set forth in this news release are approximate unless otherwise noted.

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HARTFORD, Conn., July 25, 2024 – The Hartford (NYSE: HIG) today announced financial results for the second quarter ended June 30, 2024.

“The Hartford’s second quarter 2024 financial results were outstanding with a trailing 12-month core earnings ROE of 17.4 percent,” said The Hartford’s Chairman and CEO Christopher Swift. “Commercial Lines maintained robust top-line growth at highly profitable margins. Personal Lines continues to make great strides towards restoring target profitability in auto and Group Benefits achieved a stellar 10 percent core earnings margin during the quarter.”

The Hartford's Chief Financial Officer Beth Costello said, “Commercial Lines had an exceptional quarter with an underlying combined ratio of 87.4. Pricing, excluding workers’ compensation, accelerated to 9.5 percent in the quarter and remains above loss cost trends. Personal Lines achieved written price increases in auto of nearly 24 percent and Group Benefits continued to outperform with record core earnings, driven by strong performance in life and disability."

Swift continued, “The excellent financial performance in the first half of 2024 reflects the effectiveness of our strategy and on-going investments to differentiate The Hartford in the marketplace. With continued strong capital generation from our businesses, we are pleased to announce a new share repurchase authorization of $3.3 billion. I remain confident in our ability to continue to grow the franchise while enhancing shareholder value with an industry-leading ROE."

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CONSOLIDATED RESULTS:

Three Months Ended

($ in millions except per share data) Jun 30 2024Jun 30 2023 Change

Net income available to common stockholders$733$54235%

Net income available to common stockholders per diluted share1 $2.44$1.7341%

Core earnings$750$58828%

Core earnings per diluted share$2.50$1.8833%

Book value per diluted share$51.43$44.4316%

Book value per diluted share (ex. accumulated other comprehensive income (AOCI))2 $61.71$55.7611%

Net income available to common stockholders' return on equity (ROE)3, last 12-months 19.8%14.4%5.4

Core earnings ROE3, last 12-months 17.4%13.6%3.8

[1] Includes dilutive potential common shares; for net income available to common stockholders per diluted share, the numerator is net income less preferred dividends

[2] Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures

[3] Return on equity (ROE) is calculated based on last 12-months net income available to common stockholders and core earnings, respectively; for net income ROE, the denominator is common stockholders’ equity including AOCI; for core earnings ROE, the denominator is common stockholders’ equity excluding AOCI

Second quarter 2024 net income available to common stockholders of $733 million, or $2.44 per diluted share, improved from $542 million in second quarter 2023, primarily due to a higher P&C underwriting gain, higher net investment income, and an improvement in the Group Benefits loss ratio, driven by g

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The Hartford Announces Strong First Quarter 2024 Financial Performance

•First quarter 2024 net income available to common stockholders of $748 million ($2.47 per diluted share) increased 41% from $530 million ($1.66 per diluted share) over the same period in 2023. Core earnings* of $709 million ($2.34 core earnings per diluted share*) increased 32% from $536 million ($1.68 core earnings per diluted share) over the same period in 2023.

•Net income ROE of 18.5% and core earnings ROE* of 16.6%.

•Property & Casualty (P&C) written premiums rose 9% in first quarter 2024, driven by Commercial Lines and Personal Lines premium growth of 8% and 13%, respectively. Group Benefits fully insured ongoing premium growth of 2% in first quarter 2024.

•Commercial Lines first quarter combined ratio of 90.1 and underlying combined ratio* of 88.4.

•Group Benefits first quarter net income margin of 6.2% and core earnings margin* of 6.1%.

•Returned $491 million to stockholders in the first quarter, including $350 million of shares repurchased and $141 million in common stockholder dividends paid.

* Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures.

** All amounts and percentages set forth in this news release are approximate unless otherwise noted.

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HARTFORD, Conn., April 25, 2024 – The Hartford (NYSE: HIG) today announced financial results for the first quarter ended March 31, 2024.

"The Hartford’s first quarter 2024 financial results were excellent with a trailing 12-month core earnings ROE of 16.6 percent,” said The Hartford’s Chairman and CEO Christopher Swift. “Commercial Lines continues to generate strong top-line growth at highly profitable margins. Personal Lines results demonstrate progress towards restoring target profitability in auto and Group Benefits margins remained solid.”

The Hartford's Chief Financial Officer Beth Costello said, “Commercial Lines had an exceptional quarter with an underlying combined ratio of 88.4. Pricing, excluding workers’ compensation, accelerated to 9 percent in the quarter and remains above loss cost trends. Personal Lines achieved written price increases in auto of nearly 26 percent. Group Benefits continues to deliver solid results with a core earnings margin of 6.1 percent. We are actively managing our capital and returned $491 million through repurchases and dividends."

Swift continued, “We are off to a strong start in 2024. First quarter results reflect the consistency of our performance and stability of our margins, which give me great confidence in our ability to grow our franchise and deliver enhanced value for shareholders with an industry-leading ROE."

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CONSOLIDATED RESULTS:

Three Months Ended

($ in millions except per share data) Mar 31 2024Mar 31 2023Change

Net income available to common stockholders$748$53041%

Net income available to common stockholders per diluted share1 $2.47$1.6649%

Core earnings$709$53632%

Core earnings per diluted share$2.34$1.6839%

Book value per diluted share$50.23$44.2713%

Book value per diluted share (ex. accumulated other comprehensive income (AOCI))2 $60.18$54.5510%

Net income available to common stockholders' return on equity (ROE)3, last 12-months 18.5%12.8%5.7

Core earnings ROE3, last 12-months 16.6%14.3%2.3

[1] Includes dilutive potential common shares; for net income available to common stockholders per diluted share, the numerator is net income less preferred dividends

[2] Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures

[3] Return on equity (ROE) is calculated based on last 12-months net income available to common stockholders and core earnings, respectively; for net income ROE, the denominator is common stockholders’ equity including AOCI; for core earnings ROE, the denominator is common stockholders’ equity excluding AOCI

First quarter 2024 net income available to common stockholders of $748 million, or $2.47 per diluted share, improved from $530 million in first quarter 2023, primarily due to a higher P&C underwriting gain, driven by strong premium growth, higher net investment income, a change to net realized gains in 2024 from net realized losses in 2023, and an improvement in the Group Benefits loss ratio, driven by group life results. Included in the first quarter 2024 net income was a benefit of $24 million, before tax, from amortization of a deferred gain on retroactive reinsurance related to an adverse development cover for Navigators pertaining to 2018 and

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The Hartford Announces Outstanding Fourth Quarter And Full Year 2023 Financial Results

•Fourth quarter 2023 net income available to common stockholders of $766 million ($2.51 per diluted share) increased 30% from $587 million ($1.82 per diluted share) over the same period in 2022. Core earnings* of $935 million ($3.06 core earnings per diluted share*) increased 25% from $749 million ($2.32 core earnings per diluted share) over the same period in 2022.

•Full year 2023 net income available to common stockholders of $2.5 billion ($7.97 per diluted share) and core earnings of $2.8 billion ($8.88 core earnings per diluted share).

•Net income ROE of 17.5% and core earnings ROE* of 15.8%.

•Property & Casualty (P&C) written premiums rose 10% in fourth quarter and full year 2023, driven by Commercial Lines and Personal Lines premium growth of 9% and 12% in the quarter, respectively, and 10% and 8% in the full year, respectively. Group Benefits fully insured ongoing premium growth of 6% in fourth quarter and 7% in the full year.

•Commercial Lines fourth quarter combined ratio of 84.7 and underlying combined ratio* of 86.6. Full year 2023 combined ratio of 89.6 and underlying combined ratio of 87.8.

•Group Benefits fourth quarter net income margin of 9.9% and core earnings margin* of 9.8%. Full year net income margin of 7.7% and core earnings margin of 8.1%.

•Returned $479 million to stockholders in the fourth quarter, including $350 million of shares repurchased and $129 million in common stockholder dividends paid. For the full year, returned $1.9 billion to stockholders, including $1.4 billion of shares repurchased and $528 million in common stockholder dividends paid.

* Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures.

** All amounts and percentages set forth in this news release are approximate unless otherwise noted.

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HARTFORD, Conn., Feb. 1, 2024 – The Hartford (NYSE: HIG) today announced financial results for the fourth quarter and year ended Dec. 31, 2023.

“Fourth quarter and full year 2023 results were simply outstanding, demonstrating the effectiveness of our strategy, and our ability to consistently execute,” said The Hartford’s Chairman and CEO Christopher Swift. “Our 2023 core earnings ROE of 15.8 percent reflects exceptional underwriting in Commercial Lines, record core earnings from Group Benefits, and continued solid performance from our investment portfolio.”

The Hartford's Chief Financial Officer Beth Costello said, “Commercial Lines had a superb quarter with an underlying combined ratio of 86.6. Personal Lines achieved sustained double-digit written pricing increases with acceleration in auto to 21.9 percent in the quarter, responding to the dynamic loss cost environment. Group Benefits continues to deliver excellent results driven by 6 percent growth in fully insured ongoing premiums and a core earnings margin of 9.8 percent. Our investment performance remains strong benefiting from attractive new money yields and a diversified portfolio of assets. We are actively managing our capital and returned $479 million through repurchases and dividends in the quarter contributing to total capital return of $6.2 billion to shareholders over the last three years.”

Swift continued, “Building on another quarter and full year of exceptional performance, we are well positioned to sustain these results in 2024. Our diverse yet complementary portfolio of businesses, coupled with our ongoing investments in growth and innovation, give me great confidence in our ability to deliver for customers and sustain industry leading core earnings ROEs anchored at 15 percent.”

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CONSOLIDATED RESULTS:

Three Months EndedTwelve Months Ended

($ in millions except per share data) Dec 31 2023Dec 31 2022 ChangeDec 31 2023Dec 31 2022Change

Net income available to common stockholders$766$58730%$2,483$1,79838%

Net income available to common stockholders per diluted share1 $2.51$1.8238%$7.97$5.4646%

Core earnings$935$74925%$2,767$2,49611%

Core earnings per diluted share$3.06$2.3232%$8.88$7.5817%

Book value per diluted share$49.43$41.6719%

Book value per diluted share (ex. accumulated other comprehensive income (AOCI))2 $58.83$53.6610%

Net income available to common stockholders' return on equity (ROE)3, last 12-months 17.5%11.7%5.8

Core earnings ROE3, last 12-months 15.8%14.5%1.3

[1] Includes dilutive potential common shares; for net income available to common stockholders per diluted share, the numerator is net income less preferred dividends

[2] Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and recon

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The Hartford Announces Third Quarter 2023 Financial Results

Increased quarterly common dividend per share by 11%

•Third quarter 2023 net income available to common stockholders of $645 million ($2.09 per diluted share) increased 93% from $334 million ($1.02 per diluted share) over the same period in 2022. Core earnings* of $708 million ($2.29 core earnings per diluted share*) increased 50% from $472 million ($1.45 core earnings per diluted share) in the prior year quarter.

•Net income ROE for the trailing 12 months of 17.7% and core earnings ROE* for the same period of 14.9%.

•Property & Casualty (P&C) written premiums rose 8% in third quarter 2023 compared with third quarter 2022, driven by both Commercial Lines and Personal Lines. Group Benefits fully insured ongoing premium growth of 8% in third quarter 2023.

•Commercial Lines third quarter combined ratio of 90.2 and underlying combined ratio* of 87.8.

•Group Benefits third quarter net income margin of 8.5% and core earnings margin* of 9.8%.

•Returned $481 million to stockholders in the third quarter, including $350 million of shares repurchased and $131 million in common stockholder dividends paid. Increased the quarterly common dividend per share by 11%, to $0.47, payable Jan. 3, 2024 to shareholders of record at the close of business on Dec. 1, 2023.

* Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures.

** All amounts and percentages set forth in this press release are approximate unless otherwise noted.

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HARTFORD, Conn., Oct. 26, 2023 – The Hartford (NYSE: HIG) today announced financial results for the quarter ended Sept. 30, 2023.

“The Hartford continues to deliver strong financial performance with a 12-month core earnings ROE of 14.9 percent," said The Hartford's Chairman and CEO Christopher Swift. "Results were driven by continued momentum and exceptional performance in our Commercial Lines and Group Benefits businesses, representing over 85 percent of earned premium, and a strong contribution from investments.”

The Hartford's Chief Financial Officer Beth Costello said, “Commercial Lines had an outstanding quarter with an underlying combined ratio of 87.8. Personal Lines achieved sustained double-digit written pricing increases with acceleration in auto to 19.7 percent in the quarter. Group Benefits continues to deliver excellent results driven by 8 percent growth in fully insured ongoing premiums and a core earnings margin of 9.8 percent. Our investment performance remains strong benefiting from attractive new money yields. We announced an 11 percent increase in the common dividend and, in the third quarter, returned $481 million to shareholders.”

Swift continued, “We continue to expand our strong competitive position, successfully executing on our priorities and delivering superior returns for our shareholders. Looking ahead there is much to be bullish about at The Hartford. Building on our results over the last nine months, I am confident in our ability to consistently deliver core earnings ROEs in the 14 to 15 percent range."

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CONSOLIDATED RESULTS:

Three Months Ended

($ in millions except per share data) Sep 30 2023Sep 30 2022 Change

Net income available to common stockholders$645$33493%

Net income available to common stockholders per diluted share1 $2.09$1.02105%

Core earnings$708$47250%

Core earnings per diluted share$2.29$1.4558%

Book value per diluted share$43.50$39.1311%

Book value per diluted share (ex. accumulated other comprehensive income (AOCI))2 $57.12$52.658%

Net income available to common stockholders' return on equity (ROE)3, last 12-months 17.7%12.8%4.9

Core earnings ROE3, last 12-months 14.9%14.3%0.6

[1] Includes dilutive potential common shares; for net income available to common stockholders per diluted share, the numerator is net income less preferred dividends

[2] Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures

[3] Return on equity (ROE) is calculated based on last 12-months net income available to common stockholders and core earnings, respectively; for net income ROE, the denominator is common stockholders’ equity including AOCI; for core earnings ROE, the denominator is common stockholders’ equity excluding AOCI

Third quarter 2023 net income available to common stockholders of $645 million, or $2.09 per diluted share, improved compared with $334 million in third quarter 2022, primarily due to a higher P&C underwriting gain, an increase in net

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The Hartford Announces Second Quarter 2023 Financial Results

•Second quarter 2023 net income available to common stockholders of $542 million ($1.73 per diluted share) increased 23% from $439 million ($1.32 per diluted share) for the same period in 2022. Core earnings* of $588 million ($1.88 core earnings per diluted share*) compared with $716 million ($2.16 core earnings per diluted share) in the prior year quarter.

•Net income ROE for the trailing 12 months of 14.4% and core earnings ROE* for the same period of 13.6%.

•Property & Casualty (P&C) written premiums rose 11% in second quarter 2023, driven by Commercial Lines premium growth of 12%. Group Benefits fully insured ongoing premium growth of 7% in second quarter 2023.

•P&C current accident year (CAY) catastrophe (CAT) losses of $226 million, before tax, with $123 million in Commercial Lines and $103 million in Personal Lines.

•Commercial Lines second quarter combined ratio of 91.2 and underlying combined ratio* of 88.3.

•Group Benefits second quarter net income margin of 7.0% and core earnings margin* of 7.6%.

•Returned $484 million to stockholders in the second quarter, including $350 million of shares repurchased and $134 million in common stockholder dividends paid.

* Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures.

** All amounts and percentages set forth in this press release are approximate unless otherwise noted.

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HARTFORD, Conn., July 27, 2023 – The Hartford (NYSE: HIG) today announced financial results for the quarter ended June 30, 2023.

“The Hartford delivered another strong quarter in a dynamic market environment for the industry that included elevated catastrophe losses and inflationary pressure in personal auto. The underlying fundamentals in our Commercial Lines and Group Benefits businesses continue to generate exceptional results quarter after quarter,” said The Hartford's Chairman and CEO Christopher Swift.

The Hartford's Chief Financial Officer Beth Costello said, “Commercial Lines had an outstanding quarter with written premium growth of 12 percent and an underlying combined ratio of 88.3. In Personal Lines auto, written pricing increases accelerated to 13.8 percent. Group Benefits continued strong momentum from first quarter driven by 7 percent growth in fully insured ongoing premiums and a core earnings margin of 7.6 percent. Our investment performance remains strong. We are actively managing our capital and, in the second quarter, returned $484 million to shareholders through repurchases and dividends.”

Swift continued, “Over several successive quarters, our results affirm that our strategy is working with the combination of underwriting excellence, product breadth, and technology advantages. With this consistent track record, we are confident in our ability to deliver core earnings ROEs in the 14 to 15 percent range."

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CONSOLIDATED RESULTS:

Three Months Ended

($ in millions except per share data) Jun 30 2023Jun 30 2022 Change

Net income available to common stockholders$542$43923%

Net income available to common stockholders per diluted share1 $1.73$1.3231%

Core earnings$588$716(18)%

Core earnings per diluted share$1.88$2.16(13)%

Book value per diluted share$44.43$42.275%

Book value per diluted share (ex. accumulated other comprehensive income (AOCI))2 $55.76$52.147%

Net income available to common stockholders' return on equity (ROE)3, last 12-months 14.4%13.1%1.3

Core earnings ROE3, last 12-months 13.6%14.0%(0.4)

[1] Includes dilutive potential common shares; for net income available to common stockholders per diluted share, the numerator is net income less preferred dividends

[2] Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures

[3] Return on equity (ROE) is calculated based on last 12-months net income available to common stockholders and core earnings, respectively; for net income ROE, the denominator is common stockholders’ equity including AOCI; for core earnings ROE, the denominator is common stockholders’ equity excluding AOCI

Second quarter 2023 net income available to common stockholders was $542 million, or $1.73 per diluted share, compared with $439 million in second quarter 2022, primarily due to a decrease in net realized losses of $274 million, before tax, largely driven by a decline in the value of equity securities in the 2022 period due to lower equity market levels, partially offset by lower P&C underwriting results, including high

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The Hartford Announces First Quarter 2023 Financial Results

•First quarter 2023 net income available to common stockholders of $530 million ($1.66 per diluted share) increased 21% from $438 million ($1.30 per diluted share) for the same period in 2022. Core earnings* of $536 million ($1.68 core earnings per diluted share*) compared to $559 million ($1.66 core earnings per diluted share) in the prior year quarter.

•Net income ROE for the trailing 12 months of 12.8% and core earnings ROE* for the same period of 14.3%.

•Property & Casualty (P&C) written premiums rose 10% in first quarter 2023, driven by Commercial Lines premium growth of 11% with increases across the segment. Group Benefits fully insured ongoing premium growth of 8% in first quarter 2023.

•P&C current accident year (CAY) catastrophe (CAT) losses of $185 million, before tax, with $138 million in Commercial Lines and $47 million in Personal Lines.

•Commercial Lines first quarter combined ratio of 92.7 and underlying combined ratio* of 88.5.

•Group Benefits first quarter net income margin was 5.3% and the core earnings margin* was 5.2%.

•Returned $484 million to stockholders in the first quarter, including $350 million of shares repurchased and $134 million in common stockholder dividends paid.

* Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures

** All amounts and percentages set forth in this press release are approximate unless otherwise noted.

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HARTFORD, Conn., April 27, 2023 – The Hartford (NYSE: HIG) today announced financial results for the quarter ended March 31, 2023.

"We are pleased to report The Hartford delivered a trailing 12-month core earnings ROE of 14.3 percent in the first quarter including exceptional results in our Commercial Lines businesses, continued strong results in Group Benefits, and a solid contribution from the investment portfolio despite unusually high catastrophe activity in the quarter,” said The Hartford's Chairman and CEO Christopher Swift.

The Hartford's Chief Financial Officer Beth Costello said, “Commercial Lines delivered top-line growth of 11 percent with double-digit contributions from each of our businesses. In Personal Lines auto, we achieved average approved rate filings of 18.3 percent and written pricing increases of 10.0 percent. In a dynamic environment, we continue to respond with rate filings to address inflationary pressure. In Group Benefits, we are off to a strong start as core earnings reflect the significant improvement in mortality trends and the benefit of 8 percent growth in fully insured ongoing premiums. Our investment portfolio yield continues to benefit from higher interest rates. We are actively managing our capital and, in the first quarter, returned $484 million to shareholders through repurchases and dividends.”

Swift continued, “In Commercial Lines, we are delivering sustained strong results. Renewal written pricing in Standard Commercial Lines, excluding workers’ compensation, rose to 8.1 percent, above loss cost trends. Across our business we anticipate continued growth and margin expansion, and I am confident in achieving our ROE target of 14 to 15 percent.”

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CONSOLIDATED RESULTS:

Three Months Ended

($ in millions except per share data) Mar 31 2023Mar 31 2022 Change

Net income available to common stockholders$530$43821%

Net income available to common stockholders per diluted share1 $1.66$1.3028%

Core earnings$536$559(4)%

Core earnings per diluted share$1.68$1.661%

Book value per diluted share$44.27$46.34(4)%

Book value per diluted share (ex. AOCI)2 $54.55$51.436%

Net income available to common stockholders' return on equity (ROE)3, last 12-months 12.8%15.5%(2.7)

Core earnings ROE3, last 12-months 14.3%14.8%(0.5)

[1] Includes dilutive potential common shares; for net income available to common stockholders per diluted share, the numerator is net income less preferred dividends

[2] Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures

[3] Return on equity (ROE) is calculated based on last 12-months net income available to common stockholders and core earnings, respectively; for net income ROE, the denominator is common stockholders’ equity including AOCI; for core earnings ROE, the denominator is common stockholders’ equity excluding AOCI

The Hartford defines increases or decreases greater than or equal to 200%, or changes from a net gain to a net loss position, or vice versa, as "NM" or not meaningful

Fir

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The Hartford Announces Preliminary Results For First Quarter 2023

HARTFORD, Conn., April 13, 2023 – The Hartford (NYSE: HIG) today announced preliminary earnings estimates for first quarter 2023, including net income available to common stockholders of $530 million, or $1.66 per diluted share, and core earnings* of $536 million, or $1.68 per diluted share*.

The company expects results in the first quarter of 2023 to include:

•Property & Casualty (P&C) current accident year (CAY) catastrophe (CAT) losses of $185 million before tax ($146 million after tax). Of the total CAY CAT losses, $138 million are estimated in Commercial Lines and $47 million in Personal Lines. CAT losses primarily resulted from the significant winter storms along the East and West coasts and tornado, wind and hail events across several regions of the United States.

•Commercial Lines combined ratio of 92.7 and an underlying combined ratio* of 88.5. The underlying combined ratio is consistent with the expectations for the first quarter included in the outlook the company provided in February.

•Personal Lines combined ratio of 106.1 and an underlying combined ratio of 97.0, which includes approximately $30 million, before tax, of higher than expected CAY losses from auto physical damage and liability losses primarily resulting from increased severity. Also included in the combined ratio is approximately $20 million, before tax, of unfavorable prior accident year reserve development from auto physical damage severity.

•Consolidated net investment income of $515 million, before tax, including $26 million, or a 2.5% annualized return, on limited partnerships and other alternative investments.

•Share repurchases in the quarter of 4.7 million shares for $350 million.

*Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures.

The Hartford will release first quarter 2023 financial results at approximately 4:15 p.m. EDT on Thursday, April 27, 2023.

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CONFERENCE CALL

The Hartford will discuss its first quarter 2023 financial results on a webcast at 9:00 a.m. EDT on Friday, April 28, 2023. The call can be accessed via a live listen-only webcast or as a replay through the Investor Relations section of The Hartford's website at https://ir.thehartford.com. The replay will be accessible approximately one hour after the conclusion of the call and be available along with a transcript of the event for at least one year.

About The Hartford

The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at https://www.thehartford.com.

The Hartford Financial Services Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut. For additional details, please read https://www.thehartford.com/legal-notice.

HIG-F

Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “expects,” “projects,” and similar references to future periods. The forward-looking statements in this press release provide preliminary information based on the company’s current estimates and expectations, and remain subject to change and finalization based on management’s ongoing review of results of the quarter and completion of all quarter-end close processes.

We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include the inherent difficulties in arriving at such estimates, and the risks and uncertainties discussed in our 2022 Annual Report on Form 10-K, and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.

From time to time, The Hartford may use its website and/or social media outlets, such as Twitter and Facebook, to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at https://ir.thehartford.com. In addition, you may automatically receive email alerts and other information

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The Hartford Announces Fourth Quarter And Full Year 2022 Financial Results

•Fourth quarter 2022 net income available to common stockholders of $584 million ($1.81 per diluted share) compared to $724 million ($2.10 per diluted share) in the 2021 period, and core earnings* of $746 million ($2.31 core earnings per diluted share*) were up 7% from $697 million ($2.02 core earnings per diluted share) in the 2021 period.

•Full year 2022 net income available to common stockholders of $1.8 billion ($5.44 per diluted share) and core earnings of $2.5 billion ($7.56 core earnings per diluted share).

•Net income ROE for the year of 11.6% and core earnings ROE* of 14.4%.

•Property & Casualty (P&C) written premiums rose 8% in fourth quarter 2022 and 9% in the full year, driven by Commercial Lines premium growth of 9% in the quarter and 11% in the full year. Group Benefits fully insured ongoing premium growth of 9% in fourth quarter and 6% in the full year.

•Commercial Lines fourth quarter combined ratio of 89.0 and underlying combined ratio* of 87.4. Full year 2022 combined ratio of 90.2 and underlying combined ratio of 88.3.

•Group Benefits fourth quarter net income margin was 8.2% and the core earnings margin* was 8.3%. Full year net income margin was 5.0% and the core earnings margin was 6.5%.

•Returned $473 million to stockholders in the fourth quarter, including $350 million of shares repurchased and $123 million in common stockholder dividends paid. For the full year, returned $2.1 billion to stockholders, including $1.6 billion of shares repurchased and $506 million in common stockholder dividends paid.

* Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures

** All amounts and percentages set forth in this press release are approximate unless otherwise noted.

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HARTFORD, Conn., Feb. 2, 2023 – The Hartford (NYSE: HIG) today announced financial results for the fourth quarter and year ended Dec. 31, 2022.

“Fourth quarter results were excellent contributing to an outstanding 2022 that delivered a core earnings ROE of 14.4 percent. Results reflect strong underwriting with solid premium growth across the business, excellent margins, and a significant contribution from the investment portfolio. With another quarter of strong financial performance, The Hartford continues to demonstrate the power of our strategy and superior execution,” said Chairman and CEO Christopher Swift.

Chief Financial Officer Beth Costello said, “Our P&C results for the year were excellent. Commercial Lines written premium exceeded $11 billion, up 11 percent for the year, and fourth quarter pricing in our U.S. Standard Commercial Lines book, excluding workers’ compensation, accelerated one point from the third quarter to 7.9 percent. In Personal Lines, we are driving significant rate increases to address industry-wide loss cost pressure. In Group Benefits, a core earnings margin of 6.5 percent for the year benefited from 6 percent growth in fully insured ongoing premium and a reduced impact from excess mortality. We continue to actively manage our capital and, in 2022, returned $2.1 billion to shareholders through repurchases and dividends.”

Swift continued, “I am confident that our diverse, yet complementary portfolio of businesses, underwriting expertise, distribution relationships and best in class talent will continue to drive consistent and sustainable returns. The Hartford franchise has never been better positioned to deliver industry-leading financial performance while creating value for all our stakeholders.”

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CONSOLIDATED RESULTS:

Three Months EndedTwelve Months Ended

($ in millions except per share data) Dec 31 2022Dec 31 2021 ChangeDec 31 2022Dec 31 2021Change

Net income available to common stockholders$584$724(19)%$1,794$2,344(23)%

Net income available to common stockholders per diluted share1 $1.81$2.10(14)%$5.44$6.62(18)%

Core earnings2 $746$6977%$2,492$2,17814%

Core earnings per diluted share2 $2.31$2.0214%$7.56$6.1523%

Book value per diluted share$41.53$51.36(19%)

Book value per diluted share (ex. AOCI)2 $53.63$50.865%

Net income available to common stockholders' return on equity (ROE)3, last 12-months 11.6%13.1%(1.5)

Core earnings ROE2,3, last 12-months 14.4%12.7%1.7

[1] Includes dilutive potential common shares; for net income available to common stockholders per diluted share, the numerator is net income less preferred dividends

[2] Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-G

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The Hartford Announces Third Quarter 2022 Financial Results

Increased quarterly common dividend per share by 10%

•Third quarter 2022 net income available to common stockholders of $333 million ($1.02 per diluted share) compared with $476 million ($1.36 per diluted share) in the 2021 period, and core earnings* of $471 million ($1.44 core earnings per diluted share*) compared with $442 million ($1.26 core earnings per diluted share) in the 2021 period.

•Net income ROE for the trailing 12 months of 12.8% and core earnings ROE* for the same period of 14.3%.

•Property & Casualty (P&C) written premiums rose 9% in third quarter 2022, driven by Commercial Lines premium growth of 10% with increases in all three businesses.

•P&C current accident year (CAY) catastrophe (CAT) losses in third quarter 2022 of $293 million, before tax, including $214 million from Hurricane Ian.

•Commercial Lines third quarter combined ratio of 94.3 and underlying combined ratio* of 89.3.

•Group Benefits net income margin was 5.4% while the core earnings margin* was 7.2%.

•Returned $476 million to stockholders in the quarter, including $350 million of shares repurchased and $126 million in common stockholder dividends paid. Increased the quarterly common dividend per share by 10%, to $0.425, payable Jan. 4, 2023 to shareholders of record at the close of business on Dec. 1, 2022.

* Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures

** All amounts and percentages set forth in this press release are approximate unless otherwise noted.

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HARTFORD, Conn., Oct. 27, 2022 – The Hartford (NYSE: HIG) today announced financial results for the quarter ended Sept. 30, 2022.

“The Hartford continues to deliver strong financial performance with a 12-month core earnings ROE of 14.3%. In the quarter, top-line and core-earnings growth in Commercial Lines and Group Benefits, along with healthy investment returns, offset the impact of Hurricane Ian and a challenging macroeconomic environment,” said Chairman and CEO Christopher Swift.

President Doug Elliot added, "Through nine months, our financial performance demonstrates the strength of our broad product portfolio and underwriting execution. In the quarter, Commercial Lines top-line growth of 10% included strong Small Commercial new business and steady retention across each market. Commercial Lines pricing was consistent with second quarter and ahead of loss trends across most product lines. In Personal Lines, pricing actions continue to accelerate as we respond to inflationary pressures. Across Property and Casualty, we remain well positioned to sustain strong performance and effectively compete in the marketplace."

Swift said, “Our focus remains on underwriting excellence that optimizes earnings and returns. In the first nine months of the year, we returned $1.6 billion of capital to shareholders and are pleased to announce a 10% increase in our common dividend. We are generating consistent sustainable industry leading returns, and delivering on our financial objectives.”

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CONSOLIDATED RESULTS:

Three Months Ended

($ in millions except per share data) Sep 30 2022Sep 30 2021 Change

Net income available to common stockholders$333$476(30)%

Net income available to common stockholders per diluted share1 $1.02$1.36(25)%

Core earnings2 $471$4427%

Core earnings per diluted share2 $1.44$1.2614%

Book value per diluted share$38.99$50.53(23)%

Book value per diluted share (ex. AOCI)2 $52.63$49.646%

Net income available to common stockholders' return on equity (ROE)3, last 12-months 12.8%12.3%0.5

Core earnings ROE2,3, last 12-months 14.3%12.5%1.8

[1] Includes dilutive potential common shares; for net income available to common stockholders per diluted share, the numerator is net income less preferred dividends

[2] Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures

[3] Return on equity (ROE) is calculated based on last 12-months net income available to common stockholders and core earnings, respectively; for net income ROE, the denominator is common stockholders’ equity including AOCI; for core earnings ROE, the denominator is common stockholders’ equity excluding AOCI

The Hartford defines increases or decreases greater than or equal to 200%, or changes from a net gain to a net loss position, or vice versa, as "NM" or not meaningful

Third quarter 2022 net income available to common stockholders was $333 million, or $1.02 per diluted share, compare

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The Hartford Announces Second Quarter 2022 Financial Results

Board Authorized New $3.0 Billion Share Repurchase Program

•Second quarter 2022 net income available to common stockholders of $437 million ($1.32 per diluted share) compared with $900 million ($2.51 per diluted share) in the 2021 period, and core earnings* of $714 million ($2.15 core earnings per diluted share*) compared with $836 million ($2.33 core earnings per diluted share) in the 2021 period.

•Net income ROE for the trailing 12 months of 13.1% and core earnings ROE* for the same period of 14.0%.

•Property & Casualty (P&C) written premiums rose 10% in second quarter 2022, driven by Commercial Lines premium growth of 14% with increases in all three businesses.

•Commercial Lines second quarter combined ratio of 87.3 improved 1.6 points, and the underlying combined ratio* of 88.1 improved 1.3 points, compared with the prior year quarter.

•Group Benefits net income margin was 6.6% while the core earnings margin* was 9.8%.

•During the quarter, The Hartford returned $577 million to stockholders, including $450 million of shares repurchased and $127 million in common stockholder dividends paid. Share repurchases from July 1 to July 27, 2022, totaled $107 million.

•Board of Directors authorized a new $3.0 billion share repurchase program, effective from Aug. 1, 2022, through the end of 2024.

* Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures

** All amounts and percentages set forth in this press release are approximate unless otherwise noted.

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HARTFORD, Conn., July 28, 2022 – The Hartford (NYSE: HIG) today announced financial results for the quarter ended June 30, 2022.

“The Hartford delivered another quarter of excellent financial performance with a 12-month core earnings ROE of 14.0%. Results reflect premium growth and margin expansion in Commercial Lines, a 9.8% core earnings margin in Group Benefits and a significant contribution from partnership investment returns,” said Chairman and CEO Christopher Swift.

President Doug Elliot added, “The Hartford’s Property and Casualty business sustained strong performance through the second quarter. In Commercial Lines, underwriting results were excellent, highlighted by a combined ratio of 87.3 and our fifth consecutive quarter of double-digit top-line growth. Commercial Lines pricing is still exceeding loss trends across most product lines. In Personal Lines, our Prevail rollout advances and we continue to respond to inflation pressures with pricing actions. Overall, I am pleased with our Property and Casualty first half performance and believe we are very well positioned to effectively compete in the market.”

Swift said, “Continued execution on our strategic priorities has established The Hartford as a consistent performer committed to optimizing returns. In the first half of 2022, we returned $1.1 billion of capital to shareholders and are pleased to announce a new share repurchase authorization of $3.0 billion through 2024. Through profitable growth, investments in our business and prudent capital management we are generating superior returns and delivering on our financial objectives to maximize value creation for all stakeholders.”

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CONSOLIDATED RESULTS:

Three Months Ended

($ in millions except per share data) Jun 30 2022Jun 30 2021 Change

Net income available to common stockholders$437$900(51)%

Net income available to common stockholders per diluted share1 $1.32$2.51(47)%

Core earnings2 $714$836(15)%

Core earnings per diluted share2 $2.15$2.33(8)%

Book value per diluted share$42.21$50.62(17)%

Book value per diluted share (ex. AOCI)2 $52.12$49.016%

Net income available to common stockholders' return on equity (ROE)3, last 12-months 13.1%12.3%0.8

Core earnings ROE2,3, last 12-months 14.0%13.1%0.9

[1] Includes dilutive potential common shares; for net income available to common stockholders per diluted share, the numerator is net income less preferred dividends

[2] Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures

[3] Return on equity (ROE) is calculated based on last 12-months net income available to common stockholders and core earnings, respectively; for net income ROE, the denominator is common stockholders’ equity including AOCI; for core earnings ROE, the denominator is common stockholders’ equity excluding AOCI

The Hartford defines increases or decreases greater than or equal to 200%, or changes from a net gain to a n

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The Hartford Announces First Quarter 2022 Financial Results

•First quarter 2022 net income available to common stockholders of $440 million ($1.30 per diluted share) increased 80% from the 2021 period, and core earnings* of $561 million (core earnings per diluted share* of $1.66) were up 176% from the prior year quarter.

•Net income ROE for the trailing 12 months of 15.4% and core earnings ROE* for the same period of 14.8%.

•Property & Casualty (P&C) written premiums rose 9% in first quarter 2022 driven by Commercial Lines premium growth of 12%.

•Commercial Lines first quarter combined ratio of 90.3 improved 19.4 points and the underlying combined ratio* of 88.3 improved 2.9 points compared with the prior year quarter.

•Group Benefits fully insured ongoing premiums were up 5%, compared with first quarter 2021, driven by an increase in exposure on existing accounts and strong persistency.

•During the quarter, The Hartford returned $530 million to shareholders, including $400 million of shares repurchased and $130 million in common stockholder dividends paid.

* Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures

** All amounts and percentages set forth in this press release are approximate unless otherwise noted.

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HARTFORD, Conn., April. 28, 2022 – The Hartford (NYSE: HIG) today announced financial results for the quarter ended March 31, 2022.

“The Hartford is off to a strong start in 2022 delivering a trailing 12-month core earnings ROE of 14.8%. Results were driven by another quarter of profitable growth and expanding margins in Commercial Lines, excellent partnership returns, and lower excess mortality in Group Benefits,” said Chairman and CEO Christopher Swift.

President, Doug Elliot added, “During the first quarter, our Property & Casualty business sustained the momentum built during 2021. Commercial underwriting results were outstanding with expanding margin contributions from each business. Commercial pricing moderated from the fourth quarter but is still exceeding loss trends across most product lines. In Personal Lines, we are pleased with the performance and a combined ratio of 90.4. Prevail is contributing to new business growth and rate filings will address inflation and supply chain pressures in both auto and homeowners. Our Property & Casualty first quarter results were strong, and we are well positioned for continued profitable growth.”

Swift continued, “The Hartford is a proven performer. Quarter after quarter results illustrate how our strategy translates into a consistent and sustainable financial performance. I am confident that the company has never been in a better position to grow, deliver on our goals and maximize value creation for our stakeholders.”

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CONSOLIDATED RESULTS:

Three Months Ended

($ in millions except per share data) Mar 31 2022Mar 31 2021 Change

Net income available to common stockholders$440$24480%

Net income available to common stockholders per diluted share1 $1.30$0.6794%

Core earnings2 $561$203176%

Core earnings per diluted share2 $1.66$0.56196%

Book value per diluted share$46.36$48.04(3)%

Book value per diluted share (ex. AOCI)2 $51.42$47.319%

Net income available to common stockholders' return on equity (ROE)3, last 12-months 15.4%10.5%4.9

Core earnings ROE2,3, last 12-months 14.8%10.9%3.9

[1] Includes dilutive potential common shares; for net income available to common stockholders per diluted share, the numerator is net income less preferred dividends

[2] Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures

[3] Return on equity (ROE) is calculated based on last 12-months net income available to common stockholders and core earnings, respectively; for net income ROE, the denominator is common stockholders’ equity including AOCI; for core earnings ROE, the denominator is common stockholders’ equity excluding AOCI

The Hartford defines increases or decreases greater than or equal to 200%, or changes from a net gain to a net loss position, or vice versa, as "NM" or not meaningful

First quarter 2022 net income available to common stockholders was $440 million, or $1.30 per diluted share, up 80% from first quarter 2021, primarily due to a $435 million, before tax, change from an underwriting loss* to an underwriting gain in first quarter 2022 and a decrease in excess mortality in group life, partially offset by a $225 million, before tax, change to net realized losses in first quarter 2022.

First qu

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The Hartford Announces Fourth Quarter And Full Year 2021 Financial Results

•Fourth quarter 2021 net income available to common stockholders of $724 million ($2.10 per diluted share) increased 36% from 2020, and core earnings* of $697 million (core earnings per diluted share* of $2.02) were up 10% from the prior year.

•Full year 2021 net income available to common stockholders of $2.3 billion ($6.62 per diluted share) increased 37% from 2020, and core earnings of $2.2 billion ($6.15 per diluted share) were up 4% from the prior year.

•Property & Casualty (P&C) net premiums written rose 11% in fourth quarter 2021 and 9% in the full year driven by Commercial Lines premium growth of 14% in the quarter and 12% in the full year.

•Commercial Lines fourth quarter combined ratio of 84.6 improved 7.2 points and the underlying combined ratio* of 88.9 improved 1.8 points compared with the prior year. Full year 2021 combined ratio of 95.8 improved 4.6 points and the underlying combined ratio of 89.1 improved 6.4 points from the prior year.

•Group Benefits net income margin was 2.6% in fourth quarter 2021 and the core earnings margin* was (0.8%). Full year net income margin was 3.9% and the core earnings margin* was 2.5%. Both the net income margin and core earnings margin included excess mortality and COVID-19 related short-term-disability impacts with the impact on the core earnings margin of 8.6 points in the quarter and 7.8 points for the full year.

•Achieved net income ROE for the trailing 12 months of 13.1% and core earnings ROE* for the same period of 12.7%

•During the quarter, The Hartford returned $620 million to shareholders, including $500 million of shares repurchased and $120 million in common stockholder dividends paid. For the year, The Hartford returned approximately $2.2 billion to shareholders, consisting of $1.7 billion of shares repurchased and $485 million in common stockholder dividends paid.

* Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures

** All amounts and percentages set forth in this press release are approximate unless otherwise noted.

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HARTFORD, Conn., Feb. 3, 2022 – The Hartford (NYSE: HIG) today announced financial results for the fourth quarter and year ended Dec. 31, 2021.

“In 2021, The Hartford delivered strong financial performance with meaningful growth and P&C margin expansion driven by stellar results in Commercial Lines and a significant contribution from partnership investment returns. In Group Benefits, solid premium growth and underlying results were offset by pandemic related excess mortality,” said Chairman and CEO Christopher Swift.

President Doug Elliot said, “Our P&C underlying results for the year were excellent with margin expansion across Commercial Lines driven by strong earned pricing and underwriting execution. Commercial Lines written premium exceeded $10 billion, up 12 percent for the year, while Small Commercial eclipsed $4 billion for the first time. New business levels were impressive, and retention held steady. Commercial Lines’ fourth quarter renewal written pricing, excluding workers’ compensation, held constant with the third quarter at 8 percent. In Personal Lines, we delivered strong 2021 operating results and are encouraged by improved auto insurance shopping and the roll-out of our new auto and home product. Across P&C, the performance was outstanding, and the results are a strong validation of our execution roadmap.”

Swift said, “We begin 2022 competitively positioned with strong momentum and a winning formula to consistently produce superior risk-adjusted returns. Our businesses complement each other extremely well and together represent a unique portfolio with distinctive advantages. Continued execution on our strategic priorities will drive profitable growth, enable market-leading ROEs, deliver consistent capital generation and sustain our top quartile ESG performance all of which will maximize value creation for stakeholders.”

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CONSOLIDATED RESULTS:

Three Months EndedTwelve Months Ended

($ in millions except per share data) Dec 31 2021Dec 31 2020 ChangeDec 31 2021Dec 31 2020Change

Net income available to common stockholders$724$53236%$2,344$1,71637%

Net income available to common stockholders per diluted share1 $2.10$1.4743%$6.62$4.7639%

Core earnings2 $697$63610%$2,178$2,0864%

Core earnings per diluted share2 $2.02$1.7615%$6.15$5.786%

Book value per diluted share$51.36$50.392%$51.36$50.392%

Book value per diluted share (ex. AOCI)2 $50.86$47.168%$50.86$47.168%

Net income available to common stockholders' return on equity (ROE)3, last 12-months 13.1%10.0%3.113.1%10.0%3.1

Core earnings ROE2,3, last 12-months 12.7%1