0000874766-26-000012
SEC filingThe Hartford Financial Services Group, Inc. (HIG) reported strong financial results for fiscal year 2025, ending December 31, 2025. The company generated total revenues of $28.37 billion, driven primarily by earned premiums of $24.03 billion and net investment income of $2.91 billion. Net income was $3.84 billion, with net income available to common stockholders at $3.81 billion after preferred stock dividends of $21 million. The company maintained a solid balance sheet with total assets of $86.00 billion and stockholders' equity of $18.98 billion. Cash flow from operations was robust at $5.92 billion, though net cash decreased by $57 million due to significant investing and financing activities. The company's performance reflects strong underwriting results and investment income generation.
The Hartford Financial Services Group, Inc. (HIG) delivered solid financial performance for fiscal year 2025. The company reported total revenues of $28.37 billion, with earned premiums of $24.03 billion representing the largest revenue component. Net investment income contributed $2.91 billion, while fee income added $1.42 billion. The company experienced net realized losses of $100 million. Net income was $3.84 billion, with income from continuing operations before income taxes at $4.76 billion. Income tax expense was $924 million. After preferred stock dividends of $21 million, net income available to common stockholders was $3.81 billion. Basic earnings per common share were $14, with diluted earnings per share at $13.
Revenue performance was driven by multiple sources. Earned premiums of $24.03 billion represented the core insurance operations. Net investment income of $2.91 billion reflected the company's investment portfolio performance. Fee income of $1.42 billion contributed to overall revenue diversification. Other revenues added $110 million. The total revenue composition shows a balanced approach with insurance premiums as the primary driver supplemented by investment returns and fee-based income.
The company maintained strong profitability metrics. Benefits, losses and expenses totaled $23.61 billion, including benefits, losses and loss adjustment expenses of $15.24 billion, amortization of deferred policy acquisition costs of $2.52 billion, and selling, general and administrative expenses of $5.58 billion. Interest expense was $199 million, while amortization of other intangible assets was $71 million. The company reported no restructuring and other costs. The income from continuing operations before income taxes margin was approximately 16.8% of total revenues.
Cash flow from operating activities was strong at $5.92 billion, driven by net income of $3.84 billion and various adjustments including amortization of deferred policy acquisition costs of $2.52 billion and increase in insurance liabilities of $2.27 billion. Investing activities used $3.76 billion in cash, primarily for purchases of fixed maturities and mortgage loans. Financing activities used $2.23 billion in cash, including treasury stock acquisitions of $1.61 billion and common stock dividends of $592 million. The net decrease in cash and restricted cash was $57 million. The balance sheet shows total assets of $86.00 billion, with total investments of $63.96 billion. Total liabilities were $67.02 billion, including unpaid losses and loss adjustment expenses of $46.27 billion and long-term debt of $4.37 billion. Stockholders' equity was $18.98 billion.
The filing provides comprehensive financial data for fiscal year 2025 but does not include specific forward-looking guidance, management commentary on strategic priorities, or detailed risk factor discussions within the provided content. The financial statements demonstrate the company's operational strength and financial stability based on the reported period results.