The Hartford Financial Services Group, Inc. (NYSE:HIG) Q4 2022 Earnings Call Transcript

Chris Swift: Yes. I don’t remember having a tough time communicating. I think the overall expense ratio improvement is going to be driven by again expense and then pure loss ratio improvement over the years. But in total, David, I’m expecting a half a point of combined ratio improvement in commercial lines year-over-year, but we start with a negative 0.5 point because of comp. So that means you got to get a point elsewhere. And that point elsewhere, as I said to you, half of it comes from expense and half of it comes from pure loss. And we feel highly confident on achieving that. And we’re going to play for upside meaning my language of communicating to you is, I think we’re going to outperform that point estimate I just gave you. Is that clear?

David Motemaden: That is clear. I appreciate your comments.

Operator: Thank you. We will take no further questions for today. So, I’ll hand back to Susan Spivak for any further remarks.

Susan Spivak: Thank you, Alex. I apologize to those we didn’t get to your questions, but we are here all day and we’ll reach out and follow-up with you. And thank you all for joining us.

Operator: Thank you for joining today’s call. You may now disconnect your lines.