Insurer Hartford Financial Services Group's third-quarter operating profit beat analysts' average estimate as pricing rose 8 percent in its P&C casualty commercial business.

Hartford's core earnings from its P&C commercial business rose about 9 percent to $176 million. Underwriting gains more than doubled to $30 million.

On an operating basis, the insurer earned $1.03 per share. Analysts on average had expected 83 cents, according to Thomson Reuters I/B/E/S.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.