The Hartford reported an 18% increase in net income for the third quarter of 2024, reaching $767 million compared to $651 million in the same period last year, despite incurring $247 million in pre-tax catastrophe losses, including $104 million from Hurricane Helene. The improvement was attributed to lower net realized losses and a rise in investment income. While the personal lines segment flipped from a loss to a profit, commercial lines saw a slight increase in net income. Premiums written also rose in both personal and commercial sectors, though the combined ratios indicate challenges, particularly in personal lines.
