12 Best Property & Casualty Insurance Stocks to Buy Now

Page 4 of 10

7. The Hartford Insurance Group Inc. (NYSE:HIG)

Number of Hedge Fund Holders: 37

The Hartford Insurance Group Inc. (NYSE:HIG) offers a wide range of products, including auto, home, life, and commercial insurance, serving both individual and business clients. With a strong presence in the U.S. market, the company is known for its financial stability and commitment to customer service.

The Hartford Insurance Group Inc. (NYSE:HIG) reported a Q4 net income of $848 million, or $2.88 per diluted share, marking an 11% increase from the previous year. For the full year, net income rose 24% to $3.1 billion, or $10.35 per diluted share, driven by solid premium growth in its Property & Casualty (P&C) segment and higher net investment income. Core earnings for 2024 were $865 million in Q4 and $3.1 billion for the year, reflecting an 11% increase.

The Hartford Insurance Group Inc. (NYSE:HIG) has recently undertaken several strategic initiatives to enhance its market position and operational efficiency. On February 6, 2025, the company unveiled a refreshed brand identity, featuring a modernized stag logo, and expanded its philanthropic programs to reinforce its commitment to corporate social responsibility.

In leadership developments, The Hartford Insurance Group Inc. (NYSE:HIG) appointed Morriss Tooker as the company’s president, adding Personal Lines to his existing responsibilities overseeing Small Commercial. These initiatives reflect the company’s ongoing efforts to strengthen its brand presence, leadership team, and governance structure.

37 hedge funds in the Insider Monkey Q3 2024 Hedge database held shares of The Hartford Insurance Group Inc. (NYSE:HIG).

Page 4 of 10