All The Hartford articles
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NewsThe Hartford commercial lines CR improves 19.4 pts in Q1 earnings beat
The Hartford has hailed “outstanding” commercial underwriting results, as the insurer reported a 176 percent increase in core earnings driven by P&C reserve releases, lower catastrophe losses and a reduction in excess mortality losses in its group life unit.
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Former Hartford head of cyber Ingerslev re-emerges at Tokio Marine HCC
The former global head of cyber risk at The Hartford Jacob Ingerslev has re-emerged at the head cyber and tech underwriting at Tokio Marine HCC, The Insurer has learned.
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Navigators names Everest’s Mulready head of wholesale property
Navigators has named Everest Insurance executive Patrick Mulready as its new head of wholesale property, as The Hartford’s specialty division continues the build-out of its business unit purely dedicated to serving the wholesale channel.
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The Hartford commits to net zero across its operations by 2050
The Hartford has unveiled a range of ESG commitments with the US insurance giant pledging to achieve net-zero greenhouse gas emissions across its underwriting and investment portfolios by 2050.
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The Hartford 1221 back in the black in 2021
The Hartford Syndicate 1221 saw its combined ratio improve by 25.9 percentage points year on year as it returned to the black for 2021 with its first annual profit since 2016.
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The Hartford’s head of global cyber risk Ingerslev resigns
Jacob Ingerslev, head of global cyber risk at The Hartford, has resigned from the post to pursue a new opportunity, The Insurer can reveal.
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Hartford names Generali’s Mather as international head of financial lines
The Hartford has announced that Keith Mather will join the firm as head of financial lines for its international business.
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Hartford International’s Bach: Financial lines pricing slide not a threat to growth ambitions
The Hartford’s international CEO Carl Bach is bullish about raising its market share in Lloyd’s despite the consensus that rates are beginning to moderate.
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Fairfax builds stake in Fairfax India
Fairfax Financial Holdings has lifted its stake in joint venture Fairfax India to more than 25.9 percent.
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Boy Scouts of America wins support of holdout committee for settlement
The Boy Scouts of America (BSA)’s settlement with tens of thousands of sex abuse victims has gained the backing of the Tort Claimants’ Committee (TCC), which said it “has negotiated important and positive modifications” to the plan.
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Hartford’s Elliot: Price increases to run in mid-single digits and stay ahead of loss costs
The Hartford president Doug Elliot has provided details of the insurer’s Q4 commercial price increases and forecast that renewal written pricing will “run in the mid-single digits” while exceeding loss trend in most lines.
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Hartford shares fall after Navigators ADC exhausted in Q4
Shares in The Hartford initially fell 5 percent in Friday trading despite its Q4 earnings beat, as the carrier’s management commented on an earnings call that inflation will be a challenge in the first half of 2022 and it emerged that the adverse development cover (ADC) for the Navigators business ...
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The Hartford in strong earnings beat as commercial lines CR drops 7.2 pts
The Hartford reported top and bottom-line growth in its P&C business in the fourth quarter, with a commercial lines combined ratio that improved by 7.2 points to 84.6 percent, to end what the insurer’s chairman and CEO Chris Swift said was a year of “stellar results” for the division.
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Preliminary tally shows Boy Scouts plan falling short of claimant approval
Preliminary voting shows the Boy Scouts of America (BSA) falling short of the 75 percent support it was seeking from sex abuse victims for its near $2.7bn settlement plan to emerge from bankruptcy, a substantial amount of which would be funded by insurers including The Hartford and Chubb.
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Premia to repurpose Navigators Europe into run-off platform after completing acquisition
Legacy specialist Premia Holdings has completed its previously announced acquisition of Navigators Holdings (Europe) NV from The Hartford.
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Swift: The Hartford’s share buyback raise shows confidence in business
The Hartford’s share buyback authorization increase to $3bn is a sign of management’s confidence in the business, chairman and CEO Christopher Swift told analysts on Friday, while the executive also reiterated that M&A currently remains “a low priority” for the company.
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Tort claimants’ committee opposes Hartford’s $787mn Boy Scouts settlement
The Tort Claimants’ Committee (TCC) in the bankruptcy of the Boy Scouts of America (BSA) has opposed the organisation’s new $787mn settlement with The Hartford, as well as a separate $250mn settlement with the Church of Jesus Christ Latter Day Saints.
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The Hartford agrees new $787mn Boy Scouts settlement
The Hartford has entered into a new agreement-in-principle in the Boy Scouts of America (BSA) bankruptcy, under which the insurer will pay $787mn before tax for claims associated with its policies mostly issued in the 1970s.
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AM Best: Boy Scouts scandal an earnings event for Hartford and Chubb
An AM Best analysis of the Boy Scouts of America (BSA) dispute suggests it will not be more than an earnings event for the large insurers involved including The Hartford and Chubb, while the rating agency added the social issues surrounding sexual abuse claims are “concerning”.
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Hartford’s Swift bullish on middle market and global specialty sectors
Christopher Swift has stated The Hartford is “pretty bullish” about its middle market and global specialty businesses, as the effects of the reunderwriting of these books and the Navigators acquisition are now being fully felt, while the executive added that further M&A is “not on my radar screen”.
