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NEWS RELEASE The Hartford Announces Third Quarter 2021 Financial Results and Capital Management Actions Third quarter 2021 net income available to common stockholders of $ 476 million ( $ 1.36 per diluted share ) increased 5 % from third quarter 2020 , and core earnings * of $ 442 million ( core earnings per diluted share * of $ 1.26 ) were down 16 % from third quarter 2020 ● ● THE HARTFORD Net income ROE for the trailing 12 - month period ended Sept. 30 , 2021 was 12.3 % and core earnings ROE * for the same period was 12.5 % The Commercial Lines combined ratio was 101.2 in third quarter 2021 with an underlying combined ratio * of 87.2 , a 6.5 point improvement from 93.7 in third quarter 2020 . Commercial Lines written premiums of $ 2.5 billion were 15 % higher than third quarter 2020 with increases in all three businesses . Standard Commercial new business premiums increased 17 % Group Benefits net income margin was 1.8 % while the core earnings margin * was 1.2 % . Both the net income margin and core earnings margin included $ 228 million , before tax , or approximately 11.4 points , of excess mortality and COVID - 19 related short - term disability impacts During the quarter , The Hartford returned $ 634 million to shareholders , including $ 511 million of shares repurchased and $ 123 million in common dividends paid . The share repurchase authorization increased from $ 2.5 billion to $ 3 billion through year - end 2022 and the quarterly common dividend increased 10 % , to $ 0.385 , payable Jan. 4 , 2022 to shareholders of record at the close of business on Dec. 1 , 2021 * Denotes financial measure not calculated in accordance with generally accepted accounting principles ( non - GAAP ) ; definitions of non - GAAP measures and reconciliations to their closest GAAP measures can be found in this news release under the heading Discussion of Non - GAAP Financial Measures ** All amounts and percentages set forth in this press release are approximate unless otherwise noted . 1