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Valued at $32.9 billion by market cap, The Hartford Financial Services Group, Inc. (HIG) is a leading financial services company that operates across multiple sectors, including insurance and investments. Based in Hartford, Connecticut, the company provides a wide array of products, such as property and casualty insurance, group benefits, and mutual funds.
Shares of the insurance and financial services firm have significantly outpaced the broader market over the past 52 weeks. HIG has notably gained 55.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 27.8%. In 2024, shares of HIG are up 38.2%, compared to SPX's 17.8% gain on a YTD basis.