- Business
- The Hartford Financial Services Group, Inc. (NYSE: HIG; FSE: HFF.DE) provides property and casualty insurance, group benefits, and mutual funds to individual and business customers worldwide. Founded in 1810 and headquartered in Hartford, Connecticut, the company operates through key segments including Commercial Lines, which offers workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, accident, health, and reinsurance coverages; Personal Lines, providing automobile, homeowners, and personal umbrella insurance through direct-to-consumer channels and independent agents; Group Benefits, delivering group life, disability, and other coverages to employer groups, associations, and affinity groups via brokers, consultants, and third-party administrators; and Hartford Funds, offering managed mutual funds and exchange-traded funds across various asset classes through broker-dealers, financial advisers, and investment platforms. The company conducts business primarily in the United States, with additional operations in the United Kingdom, Japan, Canada, Brazil, Ireland, and a new service company launched in Singapore to expand in Asia.
In recent developments, The Hartford issued its $270 million Foundation Re IV Series 2026-1 catastrophe bond in late 2025, marking its seventh such deal since 2004 to secure multi-peril collateralized reinsurance protection. The company reported strong second quarter 2025 financial results, with written premiums reaching $3.8 billion, up 8% from the prior year, driven by growth across segments including 9% in business insurance. Hartford Funds appointed Greg Frost as president effective January 1, 2025, succeeding Jim Davey, amid ongoing expansion of investment capabilities through prior acquisitions like Lattice Strategies and strategic sub-advisory ties with Schroders.