Christopher Swift News

The Hartford Open to Acquisitions That ‘Accelerate’ Growth Plans

The Hartford Chairman and CEO Christopher Swift said he remains interested in potential acquisitions – even large ones – less than a year after completing a noteworthy acquisition. However, plenty of conditions and criteria must be met before his company …

Hartford’s Swift Re-Elected as AIA Chairman

Christopher J. Swift, chairman and CEO of The Hartford, has been reelected as chairman of the board of directors of the insurer trade group, the American Insurance Association (AIA). Swift joined The Hartford in March 2010 and served as executive …

Hartford’s Execs Make Plea to End ‘Real Issue, Real Pain’ of Distracted Driving

Although small commercial insurance—outside of auto—is a top-line accelerator at The Hartford, auto insurance severity continues hitting the bottom line, say executives who expect a pretax $50 million prior-year reserve charge to impact fourth-quarter profits. During Goldman Sachs Financial Services …

The Hartford Reports 15% Higher Q3 Profit; Strong Commercial Lines Performance

The Hartford reported net income of $438 million in third quarter 2016, an increase of 15 percent from third quarter 2015. Core earnings came in at $413 million in third quarter 2016, an increase of 13 percent from third quarter …

Re/Insurance CEOs Join Insurance Development Forum, UN & World Bank Initiative

A group of re/insurance and global broking CEOs are assisting the work of the Insurance Development Forum (IDF), which was launched last month to help build resilience to climate risk and natural disasters, while bridging the insurance protection gap for …

Hartford CEO Swift to Chair P/C Insurer Trade Group AIA

The Hartford Chairman and CEO Christopher J. Swift will become chairman of the board of directors of the American Insurance Association (AIA) at its March meeting, serving a one-year term. Swift succeeds Michael S. McGavick, CEO of XL Group, as …

The Hartford’s Profit Up in Q2; CEO Addresses M&A Outlook

The Hartford reported core earnings of $389 million for the second quarter 2015, an increase of $245 million from $144 million in second quarter 2014. The increase was due in part to improved underwriting results with lower catastrophe costs in …

Hartford CEO Swift Assumes Chairman’s Role from McGee

Hartford Financial Services Group Inc. Chief Executive Officer Christopher Swift was named to the additional post of chairman in a transition that occurred earlier than the insurer had initially planned. Swift, 53, replaces former CEO Liam McGee, 60, as chairman, …

Hartford CEO McGee Steps Down for Medical Recovery; Swift Named CEO

Hartford Financial Services Group Inc. promoted Christopher Swift to chief executive officer, replacing Liam McGee, who is stepping down after a medical procedure. Swift, 53, the chief financial officer who joined from American International Group Inc. in 2010, becomes CEO …