The Hartford Insurance Group, I (HIG) Stock Price & How to Invest
Last updated July 2026
Short answer
The Hartford (NYSE: HIG) is a large, diversified US property-casualty and employee-benefits insurer that trades like a steady, capital-returning underwriter rather than a fast grower, so investors usually weigh it for its underwriting profitability, low P/E, and consistent dividend rather than for rapid expansion.
HIG stock price
As of 2026-07-15, The Hartford Insurance Group, I (HIG) last closed at $134.50, up 11.6% over the past year. Over the past 52 weeks it has traded between $120.55 and $143.53.
Prices are daily closing prices from Yahoo Finance and may be delayed. For the live quote, check your broker or The Hartford Insurance Group, I's investor relations page. Walnut is informational, not investment advice.
What does The Hartford Insurance Group, I (HIG) do?
The Hartford Insurance Group (NYSE: HIG) is a roughly 215-year-old US insurer that sells commercial property-casualty coverage to businesses, personal auto and home policies to individuals, and group life, disability and voluntary benefits to employers, and it also runs the Hartford Funds asset-management business. The company reports across five segments: Business Insurance (its largest and most profitable), Personal Insurance, Property & Casualty Other Operations (legacy run-off, including asbestos and environmental exposures), Employee Benefits, and Hartford Funds. The parent formally changed its corporate name from The Hartford Financial Services Group to The Hartford Insurance Group effective February 2025, keeping the HIG ticker, and renamed its main segments (Commercial Lines to Business Insurance, Personal Lines to Personal Insurance, Group Benefits to Employee Benefits).
The investment picture is that of a disciplined, mature underwriter throwing off strong and growing earnings. For full-year 2025 The Hartford reported net income available to common stockholders of about $3.8 billion (roughly $13.32 per diluted share), up about 23% year over year, on revenue of around $28.4 billion, with a net income return on equity near 22% and core-earnings ROE around 19.4%. Business Insurance underwriting stayed very profitable (full-year underlying combined ratio around 88.5%), and the company returned roughly $2.2 billion to shareholders through buybacks and dividends. At a mid-2026 share price near $140 and a trailing P/E in the high single digits, HIG is valued modestly relative to the broader market, reflecting insurance's cyclicality and catastrophe risk.
What's driving The Hartford Insurance Group, I (HIG)?
1. Business Insurance underwriting profitability
Business Insurance is The Hartford's largest and most important profit engine, and it has been running a very strong underlying combined ratio (around 88.5% for full-year 2025), meaning it earns healthy underwriting margins before investment income. Continued rate adequacy in small and middle-market commercial lines is the primary driver of earnings. Sustaining pricing above loss-cost trend is what keeps this segment compounding.
2. Rising investment income
Like all insurers, The Hartford invests the premiums it holds (its float) in bonds and other assets, so higher market interest rates lift the yield on its large fixed-income portfolio. As older, lower-yielding bonds mature and are reinvested at higher rates, net investment income can grow even without underwriting changes. This provides a second, more stable earnings stream alongside underwriting.
3. Employee Benefits and Hartford Funds
The Employee Benefits segment (group life, disability and voluntary benefits) and the Hartford Funds asset-management arm diversify earnings away from pure property-casualty risk. Employee Benefits margins have been solid, and Hartford Funds generates fee income tied to assets under management. These lines add stability and are less exposed to catastrophe volatility than the P&C book.
4. Capital return and consistent dividends
The Hartford has a long record of returning capital, buying back roughly $1.6 billion of stock and paying nearly $0.6 billion in common dividends in 2025 (about $2.2 billion total). It has raised its dividend for well over a decade and runs a conservative payout ratio, leaving room for both buybacks and dividend growth. This shareholder-return discipline is central to the total-return case.
What are the risks to The Hartford Insurance Group, I (HIG)?
As an insurer, The Hartford is exposed to catastrophe losses from hurricanes, wildfires, severe storms and other events, which can swing quarterly results sharply. Property-casualty insurance is cyclical: pricing softens when the industry is flush with capital, which can pressure margins and growth. Reserve adequacy is a persistent risk, including legacy asbestos and environmental exposures in Property & Casualty Other Operations, where adverse development could require charges. Social inflation and rising litigation costs can push claims above expectations, and the large investment portfolio carries credit and interest-rate risk. Personal auto and home lines have at times faced loss-cost inflation that lagged pricing.
How is The Hartford Insurance Group, I (HIG) valued? (approximate, July 2026)
A simple financial snapshot. These are approximations and refresh quarterly; for current figures see The Hartford Insurance Group, I's investor relations page or your broker.
- Revenue (FY2025): ~$28.4B
- Net income to common (FY2025): ~$3.8B
- Diluted EPS (FY2025): ~$13.32
- Core earnings ROE (FY2025): ~19.4%
- Market cap: ~$38B
- Trailing P/E: ~9-10x
- Dividend yield: ~1.7%
At a mid-2026 share price near $140 and a market cap around $38 billion, HIG trades at a trailing P/E in the high single digits, a discount to the broad market that is typical for a mature, catastrophe-exposed insurer. The valuation reflects strong but cyclical earnings, with a return on equity near 20% and a conservative payout ratio supporting both the roughly 1.7% dividend and ongoing buybacks. These figures are approximate and change with markets and quarterly reporting.
Who competes with The Hartford Insurance Group, I (HIG)?
Large commercial and multi-line P&C insurers
Travelers, Chubb, and Cincinnati Financial compete directly in commercial property-casualty and, in several cases, personal lines. Chubb and Travelers are among the few peers posting underwriting margins comparable to The Hartford, and all compete for the same middle-market and small-business commercial accounts.
Group benefits and disability insurers
In Employee Benefits (group life, disability, voluntary benefits), The Hartford competes with carriers such as MetLife, Unum, Lincoln Financial, and Prudential, which sell workplace benefits to employers. Scale, pricing, and claims service drive share in this fragmented market.
Asset managers and mutual-fund providers
The Hartford Funds segment competes with broad asset managers and fund families such as BlackRock, Vanguard, and T. Rowe Price for retail and retirement investment dollars. This is a fee-based business where distribution reach and fund performance matter most.
How to invest in The Hartford Insurance Group, I (HIG)
There are three common ways to get HIG exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so HIG sits alongside other stocks that express the same thesis.
Walnut takes the basket route. Describe a thesis where HIG fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.
The bottom line on The Hartford Insurance Group, I (HIG)
HIG is a well-run, underwriting-disciplined insurer whose appeal rests on strong returns on equity, a modest valuation, and steady capital return, balanced against the cyclical and catastrophe-exposed nature of insurance.
More on The Hartford Insurance Group, I (HIG)
Whether HIG is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is HIG a buy?, and where the stock could go from here in the HIG stock forecast.
For income investors, whether HIG pays a dividend and how the payout looks is covered in does HIG pay a dividend?
Build a basket around HIG with Walnut
Use The Hartford Insurance Group, I as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
What does The Hartford (HIG) do?
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The Hartford is a US insurance company that sells commercial property-casualty coverage to businesses, personal auto and home policies to individuals, and group life, disability and voluntary benefits to employers. It also runs the Hartford Funds asset-management business.
Did Hartford Financial Services change its name?
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Yes. Effective February 2025 the parent company changed its corporate name from The Hartford Financial Services Group to The Hartford Insurance Group, keeping the NYSE ticker HIG. It also renamed segments, so Commercial Lines became Business Insurance, Personal Lines became Personal Insurance, and Group Benefits became Employee Benefits.
How did The Hartford perform financially in 2025?
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For full-year 2025 The Hartford reported net income available to common stockholders of about $3.8 billion (roughly $13.32 per diluted share), up about 23% year over year, on revenue near $28.4 billion. Net income return on equity was around 22% and core-earnings ROE about 19.4%.
What are The Hartford's business segments?
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It reports across five segments: Business Insurance (its largest and most profitable), Personal Insurance, Property & Casualty Other Operations (legacy run-off business), Employee Benefits, and Hartford Funds. A Corporate category covers items outside the operating segments.
Does HIG pay a dividend?
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Yes. The Hartford pays a quarterly common dividend (recently $0.60 per share) for a yield of roughly 1.7%, and it has increased its dividend for well over a decade. Its payout ratio is conservative, leaving room for both dividend growth and share buybacks.
How is HIG valued compared with the market?
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At a mid-2026 price near $140 and a market cap around $38 billion, HIG traded at a trailing P/E in the high single digits, a discount to the broad market. That is typical for a mature, catastrophe-exposed insurer whose earnings are strong but cyclical.
Who are The Hartford's main competitors?
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In commercial and multi-line property-casualty it competes with Travelers, Chubb, and Cincinnati Financial. In employee benefits it competes with carriers like MetLife, Unum, Lincoln Financial, and Prudential, and Hartford Funds competes with asset managers such as BlackRock, Vanguard, and T. Rowe Price.
What are the main risks to The Hartford?
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Key risks include catastrophe losses from hurricanes, wildfires and storms, the cyclical nature of insurance pricing, reserve adequacy (including legacy asbestos and environmental exposures), social inflation and rising litigation costs, and credit and interest-rate risk in its large investment portfolio. Walnut is not an investment adviser, so consider your own situation and research.
Walnut is informational, not investment advice. Financial figures on this page are approximations; always verify current numbers with The Hartford Insurance Group, I's investor relations page or your broker before making investment decisions.