The Hartford News

Q3 Net Income Down 30% at The Hartford; $214M in Ian Losses

Compared to the same window last year, net income at The Hartford was down during the third quarter of 2022 – but core earnings were up during what the company’s CEO described as a strong stretch. Third quarter 2022 net …

Hartford President Doug Elliot to Retire

The Hartford said Doug Elliot will retire as the company’s president effective Dec. 31, after more than 11 years with the company. “Doug was instrumental in expanding the company’s suite of products, developing industry-specific verticals within our property/casualty business and …

Insurers, Brokers Among Those Named World’s Most Ethical Companies

Two property and casualty insurers and two brokers were included within a list compiled by Ethisphere of the most ethical companies in the world. The 16th annual report from Ethisphere, a company that defines and measures corporate ethical standards and …

People Moves: AXA XL Names Bewlay Chief Exec Reinsurance, Replacing Cooper; Marsh Promotes 3 for Affinity; Hartford Hires Generali’s Mather to Lead Int’l Financial Lines

This edition of International People Moves details appointments at AXA XL, Marsh and The Hartford. A summary of these new hires follows here. AXA XL Names Bewlay as Chief Executive Reinsurance, Succeeding Cooper AXA XL announced Nancy Bewlay has been …

The Hartford Q4 Net Income Rises 36% on Commercial Lines Growth

Net income at the The Hartford for the fourth quarter 2021 ended at $729 million, a 36% increase from income of $537 million the same period a year earlier. For the year, net income was about $2.37 billion compared to …

Run-Off Specialist Premia Acquires Navigators Holdings (Europe) from The Hartford

Bermuda-based reinsurance run-off specialist Premia Holdings Ltd. announced it has completed the acquisition from Hartford Financial Services of Navigators Holdings (Europe) NV and its subsidiaries, which include property/casualty insurer Assurances Continentales NV (known as ASCO), located in Belgium, and its …

J.D. Power Agents’ Survey Reveals Top-Ranked P/C Carriers (Story in Charts)

Neglected no more. Independent agents are feeling the love from property/casualty insurance carriers—and the scores they are giving carriers are moving higher, J.D. Power reports. According to results of the J.D. Power 2021 U.S. Independent Agent Performance and Satisfaction Study, …

People Moves: Hartford Names Burns to Lead Marketing/Comms; Beazley Promotes Beerli for Specialty Risks, U.S. Programs; Purtill Is CRO at AIG

Hartford Names Burns as Head of Marketing and Comms, Succeeding Bromage The Hartford has appointed Claire Burns chief marketing and communications officer, effective Sept. 1. Burns will report directly to Chairman and CEO Christopher Swift. She succeeds Kathleen Bromage, who …

The Hartford Reports Q2 Net Income Up 94%; Boasts ‘Superb’ P/C Results

The Hartford today announced it earned $900 million in net income in the second quarter of this year, a 94% jump from second quarter 2020. Core earnings of $836 million were up 91% from second quarter 2020. “Our performance was …

People Moves: Miller’s Higgins Joins New Broker Inver Re; Hartford Hires AXA XL’s Brodzinski for Global Specialty; Bayman to MS Amlin for Aviation Reinsurance

This edition of International People Moves covers appointments at a new reinsurance broker, Ardonagh’s Inver Re; The Hartford’s Global Specialty business unit, and the aviation reinsurance division of MS Amlin Underwriting. A summary of these new hires follows here. The …