'The Hartford' CEO Sells Shares Worth 58 Billion Won…Continued Sales After Option Exercise

Christopher Swift, chairman and CEO of The Hartford Financial Services Group (NYSE: HIG), exercised stock options under a pre-arranged Rule 10b5-1 trading plan on February 2 and 4, then proceeded to sell more than 300,000 common shares in two tranches. The combined proceeds totaled approximately $43.1 million (roughly KRW 58 billion), and with substantial gains realized upon exercise, his direct ownership stake has been cut by about half. Swift now holds roughly $27.8 million (about KRW 38 billion) in direct equity, in addition to indirect holdings via his spouse, a family trust, and unexercised stock options.

In its fourth-quarter 2025 earnings report, released January 29, The Hartford posted net income of $1.1 billion and full-year net income of $3.8 billion—representing 23% annual growth on a net-income basis and marking standout profitability among U.S. property-casualty insurers. At the UBS Financial Services Conference on February 9, Swift unveiled a three-year AI roadmap centered on collaboration with Google, pledging to expand AI investments across underwriting, operations, and claims handling. He also confirmed that excess capital will be returned to shareholders through dividends and share repurchases.

Headquartered in Hartford, Connecticut, The Hartford is a major U.S. property-casualty insurer with core businesses in commercial and personal lines, employee benefits, and asset management. Since taking the helm in 2014, Swift has restructured the company’s commercial and personal insurance portfolios and driven improvements in loss ratios. In 2025, The Hartford achieved a core-earnings return on equity in the high teens—around 19%—placing it among the industry’s most profitable insurers.