The Hartford Q1 2025 net income falls 16% to $625 million on California wildfire losses
The Hartford reported first quarter 2025 net income available to common stockholders of $625 million, or $2.15 per diluted share, down from $748 million a year earlier. The decline was mainly driven by $467 million in property and casualty catastrophe losses before tax, including $325 million net of reinsurance from the January 2025 California Wildfire Event, and a shift from net realized gains to net realized losses. Shareholders received $550 million in capital returns during the quarter.
Key points
- Net income available to common stockholders was $625 million ($2.15 per diluted share), versus $748 million ($2.47 per diluted share) in Q1 2024.
- Core earnings were $639 million ($2.20 per diluted share), down 10% from $709 million.
- Property and casualty current accident year catastrophe losses were $467 million before tax, including $325 million net of reinsurance from the January 2025 California Wildfire Event.
- Property and casualty written premiums rose 9%, and the company returned $550 million to stockholders, including $400 million of share repurchases.
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 24, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.