Tearsheet

Hartford Insurance (HIG)


Market Price (10/15/2025): $131.18 | Market Cap: $37.2 Bil
Sector: Financials | Industry: Property & Casualty Insurance

Hartford Insurance (HIG)


Market Price (10/15/2025): $131.18
Market Cap: $37.2 Bil
Sector: Financials
Industry: Property & Casualty Insurance

Investment Highlights

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 10%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.9%, FCF Yield is 15%
Trading close to highs
Dist 52W High is -2.6%, Dist 3Y High is -2.6%
 
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -45%
  
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 21%, CFO LTM is 5.8 Bil, FCF LTM is 5.7 Bil
  
3 Low stock price volatility
Vol 12M is 23%
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 10%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.9%, FCF Yield is 15%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -45%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 21%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 21%, CFO LTM is 5.8 Bil, FCF LTM is 5.7 Bil
3 Low stock price volatility
Vol 12M is 23%
4 Trading close to highs
Dist 52W High is -2.6%, Dist 3Y High is -2.6%

Market Valuation & Key Metrics

HIG Stock


Price Returns Compared

 202020212022202320242025Total [1]
Returns
HIG Return-17%44%12%9%39%21%141%
Peers Return-6%31%12%3%32%10%105%
S&P 500 Return16%27%-19%24%23%13%103%

Monthly Win Rates [3]
HIG Win Rate58%58%50%67%67%67% 
Peers Win Rate52%58%60%57%65%62% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
HIG Max Drawdown-57%-2%-11%-13%0%-3% 
Peers Max Drawdown-47%-4%-9%-21%-1%-11% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: ALL, MET, PRU, WRB, CINF. See HIG Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/14/2025 (YTD)

Downturns Compared

Unique KeyEventHIGS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-19.5%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven24.3%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven58 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-57.1%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven133.2%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven365 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-31.0%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven45.0%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven238 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-96.6%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven2828.7%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven5621 days1480 days


How Low Can It Go?

Hartford Insurance's stock fell -19.5% during the 2022 Inflation Shock from a high on 4/13/2022. A -19.5% loss requires a 24.3% gain to breakeven.

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Asset Allocation

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About Hartford Insurance (HIG)

The Hartford Financial Services Group, Inc. provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers workers' compensation, property, automobile, liability, umbrella, bond, marine, livestock, and reinsurance; and customized insurance products and risk management services, including professional liability, bond, surety, and specialty casualty coverages through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. The company's Personal Lines segment provides automobile, homeowners, and personal umbrella coverages through direct-to-consumer channel and independent agents. Its Property & Casualty Other Operations segment offers coverage for asbestos and environmental exposures. The company's Group Benefits segment provides group life, disability, and other group coverages to members of employer groups, associations, and affinity groups through direct insurance policies; reinsurance to other insurance companies; employer paid and voluntary product coverages; disability underwriting, administration, and claims processing to self-funded employer plans; and a single-company leave management solution. This segment distributes its group insurance products and services through brokers, consultants, third-party administrators, trade associations, and private exchanges. Its Hartford Funds segment offers investment products for retail and retirement accounts; exchange-traded products through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers; and investment management and administrative services, such as product design, implementation, and oversight. The company was founded in 1810 and is headquartered in Hartford, Connecticut.

Better Bets than Hartford Insurance (HIG)

Latest Trefis Analyses

Trade Ideas

Select past trade ideas related to HIG and Property & Casualty Insurance.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
HLNE_9302025_Dip_Buyer_FCFYield09302025HLNEHamilton LaneDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-7.3%-7.3%-12.3%
CNS_9302025_Dip_Buyer_ValueBuy09302025CNSCohen & SteersDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
2.2%2.2%-1.6%
JKHY_9262025_Monopoly_xInd_xCD_Getting_Cheaper09262025JKHYJack Henry & AssociatesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
3.2%3.2%-2.1%
FDS_9192025_Monopoly_xInd_xCD_Getting_Cheaper09192025FDSFactSet Research SystemsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-1.2%-1.2%-4.9%
IBKR_9052025_Quality_Momentum_RoomToRun_10%09052025IBKRInteractive BrokersQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
15.3%15.3%0.0%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
HLNE_9302025_Dip_Buyer_FCFYield09302025HLNEHamilton LaneDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-7.3%-7.3%-12.3%
CNS_9302025_Dip_Buyer_ValueBuy09302025CNSCohen & SteersDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
2.2%2.2%-1.6%
JKHY_9262025_Monopoly_xInd_xCD_Getting_Cheaper09262025JKHYJack Henry & AssociatesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
3.2%3.2%-2.1%
FDS_9192025_Monopoly_xInd_xCD_Getting_Cheaper09192025FDSFactSet Research SystemsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-1.2%-1.2%-4.9%
IBKR_9052025_Quality_Momentum_RoomToRun_10%09052025IBKRInteractive BrokersQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
15.3%15.3%0.0%

See Trefis Trade Ideas for more.

Recent Active Movers

Recent Active Movers

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Peer Comparisons for Hartford Insurance

Financials

HIGALLMETPRUWRBCINFMedian
NameHartford.Allstate MetLife Prudenti.WR Berkl.Cincinna. 
Mkt Price131.18209.5282.89103.7078.46158.75117.44
Mkt Cap37.255.455.636.731.124.837.0
Rev LTM27,25966,21472,07860,62014,24011,67243,940
Op Inc LTM-------
FCF LTM5,6908,53815,2297753,4342,5884,562
FCF 3Y Avg4,8166,41713,7935,8883,1312,3325,352
CFO LTM5,8288,74315,2297753,4982,6054,663
CFO 3Y Avg5,0036,67113,7935,8883,2062,3505,446

Growth & Margins

HIGALLMETPRUWRBCINFMedian
NameHartford.Allstate MetLife Prudenti.WR Berkl.Cincinna. 
Rev Chg LTM7.8%9.8%5.9%-0.2%10.9%9.6%8.7%
Rev Chg 3Y Avg8.1%9.7%6.0%-2.8%10.7%18.2%8.9%
Rev Chg Q7.8%5.7%-1.8%-42.5%8.8%27.7%6.7%
QoQ Delta Rev Chg LTM1.9%1.4%-0.4%-14.2%2.1%6.4%1.6%
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM21.4%13.2%21.1%1.3%24.6%22.3%21.3%
CFO/Rev 3Y Avg19.6%10.9%19.7%9.7%24.8%22.3%19.6%
FCF/Rev LTM20.9%12.9%21.1%1.3%24.1%22.2%21.0%
FCF/Rev 3Y Avg18.9%10.5%19.7%9.7%24.2%22.1%19.3%

Valuation

HIGALLMETPRUWRBCINFMedian
NameHartford.Allstate MetLife Prudenti.WR Berkl.Cincinna. 
Mkt Cap37.255.455.636.731.124.837.0
P/S1.40.80.80.62.22.11.1
P/EBIT8.77.28.2-13.010.88.7
P/E11.59.513.016.017.713.613.3
P/CFO6.46.33.747.48.99.57.6
Total Yield10.3%12.3%10.4%11.4%7.6%9.4%10.4%
Dividend Yield1.5%1.8%2.7%5.2%1.9%2.0%2.0%
FCF Yield 3Y Avg16.3%15.5%28.1%15.6%14.7%12.5%15.5%
D/E0.10.10.40.60.10.00.1
Net D/E-0.5-0.0-1.7-1.3-0.7-0.1-0.6

Returns

HIGALLMETPRUWRBCINFMedian
NameHartford.Allstate MetLife Prudenti.WR Berkl.Cincinna. 
1M Rtn-1.0%4.6%2.6%-3.0%6.4%1.8%2.2%
3M Rtn10.0%9.4%9.6%2.0%15.9%9.5%9.5%
6M Rtn12.9%8.8%15.7%6.1%15.8%20.5%14.3%
12M Rtn12.6%12.1%-0.7%-13.1%35.1%18.7%12.3%
3Y Rtn115.0%70.0%39.6%26.9%80.2%73.3%71.7%
1M Excs Rtn-0.7%6.0%2.6%-2.1%7.4%1.9%2.2%
3M Excs Rtn3.2%1.6%3.0%-3.3%9.5%2.0%2.5%
6M Excs Rtn-10.5%-14.7%-7.6%-18.0%-8.7%-2.4%-9.6%
12M Excs Rtn-0.3%0.0%-13.5%-25.6%22.8%5.4%-0.1%
3Y Excs Rtn34.8%-10.2%-38.8%-50.6%6.2%0.2%-5.0%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Commercial Lines11,68210,6109,5758,9408,325
Group Benefits6,5156,0575,6875,5365,603
Personal Lines3,1172,9792,9863,0423,235
Net investment income2,3052,1772,3131,8461,951
Hartford Funds9731,0441,189989999
Other revenues847381126170
Corporate3949505860
Property & Casualty (P&C) Other Operations000 2
Net realized losses-188-627509-14395
Total24,52722,36222,39020,52320,740


Net Income by Segment
$ Mil20242023202220212020
Commercial Lines2,0851,6241,7578561,192
Group Benefits535327256383536
Hartford Funds174162217170149
Personal Lines-3991385718318
Corporate-121-195-149-222 
Property & Casualty (P&C) Other Operations-130-190-95-16861
Preferred stock dividends  -21-2121
Total2,5041,8192,3501,7162,277


Assets by Segment
$ Mil20242023202220212020
Commercial Lines49,711  45,48242,041
Group Benefits13,697  14,73214,595
Personal Lines5,579  5,9696,310
Property & Casualty (P&C) Other Operations4,235  3,5053,560
Corporate2,874  3,7613,677
Mutual Funds/Hartford Funds684    
Hartford Funds   662634
Total76,780  74,11170,817


Price Behavior

Short Interest

Short Interest: As Of Date9302025
Short Interest: Shares Quantity3,826,493
Short Interest: % Change Since 91520255.7%
Average Daily Volume1,553,171
Days-to-Cover Short Interest2.46
Basic Shares Quantity283,700,000
Short % of Basic Shares1.3%

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/28/20252.8%4.1%10.0%
4/24/2025-0.4%2.2%8.1%
1/30/2025-2.4%-0.7%5.3%
10/24/2024-6.8%-8.3%0.2%
7/25/20247.1%7.1%10.1%
4/25/2024-3.8%-1.6%2.2%
2/1/20243.7%3.1%9.4%
10/26/2023-2.1%2.4%9.1%
...
SUMMARY STATS   
# Positive111618
# Negative1386
Median Positive2.8%3.2%6.5%
Median Negative-2.3%-1.8%-6.3%
Max Positive7.1%7.1%15.1%
Max Negative-6.8%-8.3%-9.8%

SEC Filings

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Report DateFiling DateFiling
6302025728202510-Q 6/30/2025
3312025424202510-Q 3/31/2025
12312024221202510-K 12/31/2024
93020241024202410-Q 9/30/2024
6302024725202410-Q 6/30/2024
3312024425202410-Q 3/31/2024
12312023223202410-K 12/31/2023
93020231026202310-Q 9/30/2023
6302023727202310-Q 6/30/2023
3312023427202310-Q 3/31/2023
12312022224202310-K 12/31/2022
93020221027202210-Q 9/30/2022
6302022728202210-Q 6/30/2022
3312022428202210-Q 3/31/2022
12312021218202210-K 12/31/2021
93020211028202110-Q 9/30/2021

Insider Activity

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 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0Paiano Robert WEVP & Chief Risk Officer5192025Sell128.049,0981,164,8982,891,108Form
1Niderno Allison GSVP & Controller4302025Sell119.421,086129,66474,298Form