v3.26.1
Segment Information
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Information
3. Segment Information
The Company currently conducts business principally in four reportable segments including Business Insurance, Personal Insurance, Property & Casualty ("P&C") Other Operations and Employee Benefits, as well as a Corporate category.
Beginning with the second quarter of 2026, Hartford Funds is no longer reported as a separate reportable segment and is included within the Corporate category.
Segment Revenues
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Business Insurance
Workers’ compensation$933 $917 $1,854 $1,835 
General liability669 609 1,310 1,193 
Marine73 68 145 137 
Package business718 659 1,424 1,278 
Commercial property383 355 755 694 
Professional liability210 208 425 414 
Bond90 83 173 168 
Assumed reinsurance236 222 466 442 
Commercial automobile363 314 707 609 
Business Insurance earned premium and fee income3,675 3,435 7,259 6,770 
Net investment income556 449 1,061 886 
Net realized gains (losses)12 (20)(7)(44)
Other revenue [1]1 1 1 2 
Total Business Insurance4,244 3,865 8,314 7,614 
Personal Insurance
Personal automobile592 634 1,190 1,258 
Homeowners320 305 637 588 
Personal Insurance earned premium and fee income [2]912 939 1,827 1,846 
Net investment income67 58 129 115 
Net realized gains (losses)4 (4)— (6)
Other revenue25 24 47 44 
Total Personal Insurance1,008 1,017 2,003 1,999 
P&C Other Operations
Net investment income22 19 42 37 
Net realized gains (losses)1 (2)— (2)
Total P&C Other Operations23 17 42 35 
Employee Benefits
Group disability980 899 1,907 1,799 
Group life652 644 1,313 1,294 
Other135 120 270 238 
Employee Benefits premium and other considerations1,767 1,663 3,490 3,331 
Net investment income137 118 268 244 
Net realized gains (losses)9 (16)(2)(20)
Total Employee Benefits1,913 1,765 3,756 3,555 
Total segment revenues$7,188 $6,664 $14,115 $13,203 
[1]Other revenues for Business Insurance includes revenues from equity method investments that are not considered revenues from contracts with customers in the table below.
[2]For the three months ended June 30, 2026 and 2025, AARP members accounted for earned premiums of $798 and $841, respectively. For the six months ended June 30, 2026 and 2025, AARP members accounted for earned premiums of $1.60 billion and $1.66 billion
Significant Segment Expenses
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Business Insurance
Current accident year losses and loss adjustment expenses ("LAE") before catastrophes$2,134 $1,952 $4,178 $3,843 
Current accident year catastrophe losses and LAE129 114 300 394 
Prior accident year development of losses and LAE(52)(146)(22)(229)
Amortization of DAC590 546 1,167 1,077 
Insurance operating costs539 507 1,097 1,019 
Amortization of other intangible assets7 7 14 14 
Dividends to policyholders12 11 24 21 
Total Business Insurance3,359 2,991 6,758 6,139 
Personal Insurance
Current accident year losses and LAE before catastrophes543 585 1,069 1,148 
Current accident year catastrophe losses and LAE93 98 152 285 
Prior accident year development of losses and LAE(59)(41)(94)(80)
Amortization of DAC70 70 141 138 
Insurance operating costs175 172 355 354 
Amortization of other intangible assets— — 1 1 
Total Personal Insurance822 884 1,624 1,846 
P&C Other Operations
Prior accident year development of losses and LAE— — (36)— 
Insurance operating costs2 2 4 4 
Total P&C Other Operations2 2 (32)4 
Employee Benefits
Group disability losses741 617 1,415 1,238 
Group life losses484 478 972 997 
Group losses - other66 55 142 114 
Amortization of DAC9 9 17 17 
Insurance operating costs and other expenses417 407 856 813 
Amortization of other intangible assets10 10 20 20 
Total Employee Benefits1,727 1,576 3,422 3,199 
Total significant segment expenses$5,910 $5,453 $11,772 $11,188 
Segment/Category Summary For the Three Months Ended June 30, 2026
Reportable Segments
Business InsurancePersonal InsuranceP&C Other OperationsEmployee BenefitsTotal Reportable SegmentsCorporateConsolidated
Earned premium and fee income from external customers$3,675 $912 $— $1,767 $6,354 $11 $6,365 
Net investment income556 67 22 137 782 18 800 
Net realized gains12 4 1 9 26 38 64 
Other revenue [1]1 25 — — 26 8 34 
Total Revenues4,244 1,008 23 1,913 7,188 75 7,263 
Significant segment expenses3,359 822 2 1,727 5,910 5,910 
Other segment expenses (income) [2]2 23 — — 25 25 
Corporate expenses97 97 
Income tax expense (benefit)179 33 4 39 255 (4)251 
Income (loss) from continuing operations, net of tax704 130 17 147 998 (18)980 
Income from discontinued operations, net of tax318 318 
Net income$704 $130 $17 $147 $998 $300 $1,298 
Other segment disclosures:
Amortization of DAC $590 $70 $— $9 $669 $— $669 
Amortization of other intangibles $7 $— $— $10 $17 $— $17 
Segment/Category Summary For the Six Months Ended June 30, 2026
Reportable Segments
Business InsurancePersonal InsuranceP&C Other OperationsEmployee BenefitsTotal Reportable SegmentsCorporateConsolidated
Earned premium and fee income from external customers$7,259 $1,827 $— $3,490 $12,576 $21 $12,597 
Net investment income1,061 129 42 268 1,500 34 1,534 
Net realized (gains) losses(7)— — (2)(9)21 12 
Other revenue [1]1 47 — — 48 13 61 
Total Revenues8,314 2,003 42 3,756 14,115 89 14,204 
Significant segment expenses6,758 1,624 (32)3,422 11,772 11,772 
Other segment expenses (income) [2]1 42 — — 43 43 
Corporate expenses167 167 
Income tax expense (benefit)315 68 15 69 467 (29)438 
Income (loss) from continuing operations, net of tax1,240 269 59 265 1,833 (49)1,784 
Income from discontinued operations, net of tax370 370 
Net income$1,240 $269 $59 $265 $1,833 $321 $2,154 
Other segment disclosures:
Amortization of DAC $1,167 $141 $— $17 $1,325 $— $1,325 
Amortization of other intangibles $14 $1 $— $20 $35 $— $35 
Segment/Category Summary For the Three Months Ended June 30, 2025
Reportable Segments
Business InsurancePersonal InsuranceP&C Other OperationsEmployee BenefitsTotal Reportable SegmentsCorporateConsolidated
Earned premium and fee income from external customers$3,435 $939 $— $1,663 $6,037 $10 $6,047 
Net investment income449 58 19 118 644 14 658 
Net realized gains (losses)(20)(4)(2)(16)(42)23 (19)
Other revenue [1]1 24 — — 25 5 30 
Total Revenues3,865 1,017 17 1,765 6,664 52 6,716 
Significant segment expenses2,991 884 2 1,576 5,453 5,453 
Other segment expenses [2]2 19 — — 21 21 
Corporate expenses68 68 
Income tax expense (benefit)176 23 2 39 240 (4)236 
Income (loss) from continuing operations, net of tax696 91 13 150 950 (12)938 
Income from discontinued operations, net of tax57 57 
Net income$696 $91 $13 $150 $950 $45 $995 
Other segment disclosures:
Amortization of DAC$546 $70 $— $9 $625 $— $625 
Amortization of other intangibles$7 $— $— $10 $17 $— $17 
Segment/Category Summary For the Six Months Ended June 30, 2025
Reportable Segments
Business InsurancePersonal InsuranceP&C Other OperationsEmployee BenefitsTotal Reportable SegmentsCorporateConsolidated
Earned premium and fee income from external customers$6,770 $1,846 $— $3,331 $11,947 $21 $11,968 
Net investment income886 115 37 244 1,282 28 1,310 
Net realized gains (losses)(44)(6)(2)(20)(72)4 (68)
Other revenue [1]2 44 — — 46 6 52 
Total Revenues7,614 1,999 35 3,555 13,203 59 13,262 
Significant segment expenses6,139 1,846 4 3,199 11,188 11,188 
Other segment expenses [2]4 34 — — 38 38 
Corporate expenses138 138 
Income tax expense (benefit)298 23 5 73 399 (23)376 
Income (loss) from continuing operations, net of tax1,173 96 26 283 1,578 (56)1,522 
Income from discontinued operations, net of tax103 103 
Net income$1,173 $96 $26 $283 $1,578 $47 $1,625 
Other segment disclosures:
Amortization of DAC$1,077 $138 $— $17 $1,232 $— $1,232 
Amortization of other intangibles$14 $1 $— $20 $35 $— $35 
[1]Other revenues for Business Insurance and Corporate includes revenues from equity method investments that are not considered revenues from contracts with customers in the table below.
[2]Other segment expenses (income) primarily consists of integration costs associated with the 2019 acquisition of Navigators Group and other miscellaneous revenue for Business Insurance and servicing expenses for Personal Insurance
Assets
June 30, 2026December 31, 2025
Business Insurance$59,398 $57,468 
Personal Insurance6,067 6,445 
Property & Casualty Other Operations4,339 4,354 
Employee Benefits13,261 13,564 
Total Reportable Segments83,065 81,831 
Corporate 4,918 4,198 
Total assets$87,983 $86,029 
Non-Insurance Revenue from Contracts with Customers
Three Months Ended June 30,Six Months Ended June 30,
Revenue Line Item2026202520262025
Business Insurance
Installment billing feesFee income$12 $11 $24 $22 
Personal Insurance
Installment billing feesFee income7 8 15 16 
Insurance servicing revenuesOther revenues25 24 47 44 
Employee Benefits
Administrative servicesFee income56 57 113 113 
Corporate
Investment management and other feesFee income11 10 21 21 
Total non-insurance revenues with customers$111 $110 $220 $216