The Hartford Insurance Group, Inc. (HIG)
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Zscaler: the zero-trust growth story still has to turn into clean GAAP profit
Zscaler reported FY2025 revenue of $2.7 billion and Q2 FY2026 revenue of $815.8 million. The thesis depends on zero-trust demand, large-customer expansion, billings quality, operating leverage, stock compensation and cash conversion.
OpenHIG: Premium growth has to clear catastrophe, reserve and portfolio risk
The Hartford reported FY2025 revenue of $28.4 billion, earned premiums of $24.0 billion and Q1 2026 revenue of $7.2 billion. The thesis depends on underwriting quality, loss trends, reserve discipline, investment income and capital returns.
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