The hartford financial services group, inc. (HIG)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08
Revenues
Premiums Earned, Net

4,391

4,423

4,394

4,166

3,940

3,997

3,987

3,958

3,927

3,801

3,447

3,455

3,438

3,365

3,484

3,444

3,404

3,368

3,404

3,391

3,322

3,378

3,337

3,319

3,302

3,347

3,338

3,294

3,252

3,394

3,401

3,400

3,442

3,506

3,518

3,545

3,519

3,509

3,513

3,506

3,527

3,504

3,499

3,592

3,829

3,903

Fee income

320

331

330

326

314

319

344

327

323

313

291

286

278

-297

452

441

445

-500

448

469

459

474

524

502

496

374

538

513

680

219

1,109

1,105

1,134

1,080

1,192

1,219

1,209

1,167

1,164

1,186

1,180

1,178

1,140

1,062

1,167

1,333

Securities available-for-sale and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

856

-

1,028

1,094

1,070

989

1,062

1,104

1,108

1,074

1,073

1,148

1,059

1,027

1,049

1,021

920

1,103

Equity securities, trading

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,562

-

635

-1,662

2,866

339

-1,890

-597

803

-107

1,043

-2,649

701

751

638

2,523

-724

-3,415

Net Investment Income

459

503

490

488

470

457

444

428

451

394

404

395

410

-626

772

735

696

-774

730

796

809

752

810

768

824

-1,782

787

841

3,418

-904

1,663

-568

3,936

1,328

-828

507

1,911

967

2,116

-1,501

1,760

1,778

1,687

3,544

196

-2,312

Net realized capital gains (losses):
Total other-than-temporary impairment (“OTTI”) losses

-

-

1

0

-

1

4

0

2

4

4

4

3

-15

15

8

27

-20

42

13

12

18

15

8

23

15

28

17

33

188

59

106

36

42

71

31

119

74

146

292

340

645

760

562

224

3,077

OTTI losses recognized in other comprehensive income

-

-

0

0

-

-1

-3

0

-2

0

-3

-2

-2

-14

1

1

4

-10

2

2

0

2

1

1

1

1

2

5

12

3

22

8

7

6

11

8

64

759

31

-184

-188

-

-224

-248

-

0

Other than Temporary Impairment Losses, Investments, Portion Recognized in Earnings, Net

-

-

1

0

-

0

1

0

0

4

1

2

1

-17

14

7

23

-22

40

11

12

16

14

7

22

14

26

12

21

185

37

98

29

36

60

23

55

59

115

108

152

434

536

314

224

3,077

Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1,574

-

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Investments, Excluding Other than Temporary Impairments

-

-

90

80

-

-172

39

52

-30

64

27

57

25

-8

-3

60

-132

-4

-4

20

17

2

83

3

-13

54

157

32

53

930

132

665

-881

-431

635

92

-348

-20

-142

-117

122

-1,238

683

367

-308

372

Net realized capital (losses) gains

-231

63

89

80

163

-172

38

52

-30

60

26

55

24

9

-17

53

-155

18

-44

9

5

-14

69

-4

-35

40

131

21

1,606

745

95

567

-910

-467

575

69

-403

-69

-257

9

-274

-188

-1,219

-681

84

-3,449

Other Income

17

41

44

32

53

32

29

24

20

19

24

23

19

19

24

23

20

21

24

20

22

27

29

31

25

74

68

65

68

74

64

61

59

65

63

61

64

72

66

65

64

-100

123

120

118

132

Total revenues

4,956

5,361

5,347

5,092

4,940

4,633

4,842

4,789

4,691

4,587

4,192

4,214

4,169

2,470

4,715

4,696

4,410

2,133

4,562

4,685

4,617

4,617

4,769

4,616

4,612

2,053

4,862

4,734

9,024

3,528

6,332

4,565

7,661

5,512

4,520

5,401

6,300

5,646

6,602

3,265

6,257

6,172

5,230

7,637

5,394

-393

Benefits, losses and expenses
Benefits, losses and loss adjustment expenses

2,916

2,939

2,914

2,934

2,685

2,946

2,786

2,738

2,695

2,692

2,638

2,420

2,424

1,398

2,780

3,142

2,641

1,240

2,710

2,812

2,563

-

2,624

3,023

2,576

2,698

2,764

2,922

2,664

3,267

3,270

3,620

3,038

3,467

4,006

3,976

3,178

3,256

3,037

3,592

3,133

3,032

3,070

3,092

4,637

3,994

Benefits, losses and loss adjustment expenses - returns credited on international variable annuities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,562

-

635

-1,661

2,864

338

-1,889

-597

803

-107

1,043

-2,649

701

751

638

2,523

-724

-3,415

Amortization of deferred policy acquisition costs (DAC)

437

438

437

392

355

350

348

344

342

342

341

345

344

232

403

368

374

152

434

391

387

381

580

372

396

380

594

391

1,336

547

566

554

321

397

1,005

592

450

-

431

-

-

-

-

-

-

-

Operating Expenses

1,176

1,224

1,167

1,141

1,048

1,086

1,091

1,067

1,037

1,042

952

1,650

919

748

918

931

928

630

971

910

948

1,139

976

977

936

1,123

964

1,084

1,005

1,210

1,267

1,301

1,312

1,176

1,287

1,452

1,354

2,014

1,046

1,111

1,121

1,339

1,174

959

898

1,029

Loss on extinguishment of debt

-

-

-90

0

-

-

0

-6

-

-

0

0

-

-

-

-

-

-

0

-21

-

-

0

0

-

0

0

0

-213

0

0

-910

0

-

0

0

-

-

-

-

-

-

-

-

-

-

Loss on reinsurance transaction

-

-

0

91

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Preferred stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

11

10

-

-

-

10

-

10

11

483

-

62

3

-

0

Gain (Loss) on Disposition of Business

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1,574

-

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

Disposal Group, Not Discontinued Operation, Reinsurance Loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,574

-

533

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred policy acquisition costs and present value of future profits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-935

-647

-

-687

-674

-2,259

-1,927

Interest Expense

64

65

67

63

64

70

69

79

80

78

79

79

80

70

86

85

86

75

88

89

94

94

93

94

95

96

94

100

107

109

109

115

124

124

128

128

128

128

128

132

120

119

118

119

120

84

Amortization of other intangible assets

19

19

19

15

13

14

18

18

18

11

1

1

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

32

0

Other expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

252

189

171

Total benefits, losses and expenses

4,612

4,685

4,694

4,636

4,165

4,466

4,312

4,252

4,172

4,165

4,011

4,495

3,768

3,102

4,187

4,526

4,029

2,129

4,183

4,215

3,992

4,173

4,273

4,466

4,003

828

4,416

4,497

9,461

3,297

6,380

4,839

7,659

5,532

4,537

5,551

5,913

4,970

5,685

3,121

5,722

5,437

5,687

7,619

7,411

3,790

Income before income taxes

344

676

653

456

775

167

530

537

519

422

181

-281

401

-632

528

170

381

4

379

470

625

444

496

150

609

1,225

446

237

-437

231

-48

-274

2

-20

-17

-150

387

676

917

144

535

735

-457

18

-2,017

-4,183

Income Tax Expense (Benefit)

71

128

118

84

145

-29

103

103

91

980

36

-129

98

-268

90

-46

58

67

7

57

158

99

108

0

143

358

81

4

-197

-7

-41

-166

-95

-84

-74

-263

48

131

252

-31

216

174

-237

33

-808

-1,552

Income (loss) from continuing operations, net of tax

-

-

535

372

-

196

427

434

428

-558

145

-152

303

-

-

-

-

-

372

-

-

345

388

150

466

867

365

233

-240

238

-7

-108

97

64

57

113

339

545

665

175

319

-

-

-

-

-

Income (loss) from discontinued operations, net of tax

-

-

0

0

-

0

5

148

169

-3,145

89

112

75

-

-

-

-

-

9

-

-

37

0

-617

29

-553

-72

-423

-1

-284

20

7

-1

54

3

-80

162

-

1

-99

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

273

548

535

372

630

196

432

582

597

-3,703

234

-40

378

-81

438

216

323

421

381

413

467

382

388

-467

495

314

293

-190

-241

-46

13

-101

96

118

60

33

501

575

666

76

319

557

-220

-15

-1,209

-2,631

Dividends, Preferred Stock, Cash

5

5

11

0

5

6

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

10

-

-

-

-

-

10

11

-

-

-

-

-

-

-

-

-

-

Net income available to common stockholders

268

543

524

372

625

190

432

582

597

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

293

-190

-251

-57

3

-112

86

107

50

22

491

564

656

65

-164

495

-282

-18

-1,209

-2,631

Earnings Per Share [Abstract]
Income (loss) from continuing operations Basic

-

-

1.45

1.03

-

0.53

1.19

1.21

1.20

-1.52

0.40

-0.42

0.82

-

-

-

-

-

-

-

-

0.79

0.89

0.33

1.04

1.95

0.81

0.52

-0.57

0.52

-0.04

-0.27

0.20

0.11

0.11

0.23

0.74

0.00

1.47

0.37

-0.42

-

-

-

-

-

Income (loss) from continuing operations Diluted

-

-

1.43

1.02

-

0.52

1.17

1.19

1.18

-1.50

0.40

-0.42

0.80

-

-

-

-

-

-

-

-

0.78

0.86

0.32

0.97

1.85

0.74

0.48

-0.57

0.50

-0.04

-0.27

0.19

0.13

0.10

0.21

0.67

0.00

1.34

0.34

-0.42

-

-

-

-

-

Net (loss) income per common share
Earnings Per Share, Basic

0.75

1.50

1.45

1.03

1.74

0.54

1.20

1.62

1.67

-10.17

0.65

-0.11

1.02

-0.19

1.14

0.55

0.81

1.03

0.92

0.99

1.11

0.86

0.89

-1.04

1.10

0.72

0.65

-0.42

-0.58

-0.13

0.01

-0.26

0.20

0.25

0.11

0.05

1.10

0.00

1.48

0.15

-0.42

1.69

-0.79

-0.06

-3.77

-8.74

Earnings Per Share, Diluted

0.74

1.50

1.43

1.02

1.71

0.52

1.19

1.60

1.64

-10.14

0.64

-0.11

1.00

-0.18

1.12

0.54

0.79

1.02

0.90

0.96

1.08

0.84

0.86

-1.00

1.03

0.73

0.60

-0.39

-0.58

-0.10

0.01

-0.26

0.18

0.25

0.11

0.05

0.99

0.00

1.34

0.14

-0.42

1.69

-0.79

-0.06

-3.77

-8.74

Weighted average common shares outstanding and dilutive potential common shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

320

301

Cash dividends declared per common share

-

-

-

-

-

-

-

-

-

-

0.23

0.23

0.23

-

0.21

0.21

0.21

0.21

0.21

0.18

0.18

0.18

0.18

0.15

0.15

0.15

0.15

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.00

0.05

0.05

0.05

0.05

0.05

0.05

0.05

0.53