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TickerHIG
SectorInsurance - Diversified
Mkt cap$36.2B
EV / EBITDA7.2×
PostureHigh Velocity
Composite70/100
LensBuyer-side
SE-Cluster Research·Issuer Brief·Q2 2026CIK 874766

The Hartford Insurance Group, Inc.

HIGHIGH VELOCITYFILING INTENSITY

The Hartford Insurance Group, Inc. reads as an High Velocity (composite 70/100); Consistent Strategic Buyer deploying $0 across 0 disclosed transactions, running flat vs the prior cycle · primary market Insurance.

Lens

Disclosed M&A capital (2023–2025)

N/A

flat

vs N/A in 2020–2022

Disclosed transactions

N/A

flat

0/3 active fiscal years in window

Buyer archetype

Consistent Strategic Buyer

Meaningful spend appears across repeat years.

Composite score

70

/100

High Velocity dominates · Filing Intensity

Financial snapshot
Revenue$28.8B
EBITDA$5.6B
Enterprise value$40.4B
EV / Revenue1.4×
EV / EBITDA7.2×
P/EN/A
Cash$220M
Total debt$4.4B
as of 2026-05-10
§ I·SE-Cluster Issuer Brief

Behavioral posture, nine reads.

Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.

Active Acquirer

46/100

Companies actively deploying disclosed capital into M&A

  • $5.7B disclosed buyer spend

Buyer Cadence

21/100

Buyer-side companies with recent filing activity

  • Filed within 33d
  • 428 8-Ks

Target Probability

16/100

Issuers showing target-side patterns from filings

  • 3 activism filings

Spin/Carve

0/100

Issuers showing spin-off, carve-out, or sum-of-parts posture

  • 3 activism filings

Pressure Watch

16/100

Issuers facing activism, governance, or control pressure

  • 3 activism filings
  • Latest activism 7.7y ago; heavily discounted

Distress Watch

14/100

Issuers showing financial-distress filing patterns

  • 3 activism filings

Restatement Risk

0/100

Issuers with accounting-integrity flags from filings

Capital Velocity

Dominant
70/100

Issuers with the highest filing-activity intensity

  • 428 8-Ks
  • 5 form types

Quiet Power

0/100

Large issuers with low signal volume and clean disclosure cadence

  • Enterprise value $40.4B
  • 10-Q 33d ago
  • 2 active signals
§ II·SE-Cluster Issuer Brief

Capital cadence.

Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.

16
17
18
19
20
21
22
23
24
25

Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $2,121M · Peak count: 2

FYDisclosed buysDisclosed spendAvg ticketAudited tier
2025N/AN/AN/AN/A
2024N/AN/AN/AN/A
2023N/AN/AN/AN/A
2022N/AN/AN/AN/A
2021N/AN/AN/AN/A
2020N/AN/AN/AN/A
§ III·SE-Cluster Issuer Brief

Strategy posture.

The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.

Archetype mix

  • Bolt On
    50%
  • Platform
    50%

Strategy keywords

Terms recurring across recent 10-K acquisition disclosures.

  • horizontal_consolidation
  • geographic_expansion
  • talent_acquisition
  • platform
  • bolt_on
§ IV·SE-Cluster Issuer Brief

Filing language.

Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.

Integrating the recent Group Benefits and Navigators Group acquisitions successfully, and maximizing our combined potential by deepening our distribution relationships, capitalizing on a broader product portfolio and meeting a wider array of customer needs.

10-KFY2019

The acquisition of the specialty underwriter expands product offerings and geographic reach, and adds underwriting and industry talent to strengthen the Company’s value proposition to agents and customers.

10-KFY2020

Integration of the Navigators Group business is underway and we are making progress on improving the profitability of the acquired book of business, including pricing increases and underwriting actions.

10-KFY2019

The acquisition enables the Company to increase its market share in the group life and disability industry.

10-KFY2018

adds underwriting and industry talent to strengthen the Company’s value proposition

10-KFY2021
§ V·SE-Cluster Issuer Brief

Market context.

Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.

Primary market

Insurance

Market spend (2023–2025)
$50.4B
Market spend (2020–2022)
$62.2B
Recent vs prior
−19%
Issuer rank in market
N/A
Share of market capital
0.0%

Valuation positioning

7.2×EV / EBITDA

HIG trades at a -4.5-turn discount to the Insurance peer median of 11.6×.

EV / Revenue
1.4×
Net debt / EBITDA
0.7×
Peer median EV / EBITDA
11.6×

Trading comparables

FMP market data · 2026-05-10

CompanyEV / EBITDAEV / RevNet debt / EBITDARevenueM&A 2023–2025
14.9×3.6×2.8×$27.5B$10.2B
12.1×4.1×3.1×$6.4B$9.4B
11.2×2.3×-0.1×$61.1B$1.3B
8.2×0.6×-3.8×$76.9B$738M
The Hartford Insurance Group, Inc.HIG
7.2×1.4×0.7×$28.8BN/A

Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Insurance. Bars scaled to the highest EV/EBITDA in the set.

§ VI·SE-Cluster Issuer Brief

Target landscape.

Public-issuer targets that fit this buyer's archetype and target categories from filing-derived signal. Scores reflect cross-signal fit; reasons cite the EDGAR-anchored facts that drove the match.

No qualifying public-issuer targets surfaced from the current signal mix.

Stated target categories

No target categories enumerated in the audited corpus for this issuer.

§ VII·SE-Cluster Issuer Brief

Filing activity & signal stream.

Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.

Filing cadence

  • 10-K (annual)322026-02-20
  • 10-Q (quarterly)932026-04-23
  • 8-K (event)4282026-04-23
  • Proxy / DEF 14A572026-04-09
  • Activism (13D / DFAN / PREC)32018-08-31

Signals on file

  • elevated

    Activism on file

    2018-08-31

    3 activist filings on file (13D, DFAN14A, PREC14A series).

  • info

    Signal

    Serial acquisition history

  • info

    Signal

    10-K strategy themes

§ VIII·SE-Cluster Issuer Brief

Audited corpus.

No audited record on file for this CIK in the current v6 corpus.

This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.