Company

The Hartford Financial Services Group, Inc.

Headquarters: Hartford, CT, United States

Founded: 1810

Employees: 18,100

CEO: Mr. Christopher Jerome Swift CPA

NYSE: HIG +0.70%

Market Cap

$24.66 Billion

USD as of Jan. 1, 2024

Market Cap History

Company Description

The Hartford Financial Services Group, Inc., more simply known as The Hartford, is an investment and insurance company. Founded in 1910 and headquartered in Hartford, Connecticut, the company conducts property and casualty operations, group benefits, and mutual funds, selling its products and services primarily through a network of agents and brokers. It is also involved in auto and home insurance.

The Hartford Financial Services Group, Inc. market capitalization over time

Evolution of The Hartford Financial Services Group, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of The Hartford Financial Services Group, Inc.

Detailed Description

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.

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Stocks & Indices

The Hartford Financial Services Group, Inc. has the following listings and related stock indices.


Stock: NYSE: HIG wb_incandescent

Stock: FSX: HFF wb_incandescent

Stock: NYSE: HIG-G wb_incandescent

Stock: XETR: HFF wb_incandescent

Stock: XSTU: HFF wb_incandescent

Product & Services

Automobile insuranceProperty insuranceGeneral liability insuranceWorkers' compensationGroup benefitsMutual funds

Key People

Christopher J. Swift (Chairman & CEO) Beth A. Costello (Executive VP & CFO) Scott R. Lewis (Senior VP & Controller) Doug Elliot (President)

Financials

Revenue: US$20.74 billion (2019)

Operating income: US$2.82 billion (2019)

Net income: US$2.09 billion (2019)


Total assets: US$70.82 billion (2019)

Total equity: US$16.27 billion (2019)

Details

Headquarters:

One Hartford Plaza

Hartford, CT 06155

United States

Phone: 860-547-5000