Company: HIG-PG
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000874766-25-000107
Chunk: 345

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-10-27
Form: 10-Q
Item: Item 8
Chunk 345
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 Property & Casualty InsuranceBeginning liabilities for unpaid losses and loss adjustment expenses, gross$29,181 $2,068 $2,795 $34,044 Reinsurance and other recoverables4,599 28 2,069 6,696 Beginning liabilities for unpaid losses and loss adjustment expenses, net24,582 2,040 726 27,348 Provision for unpaid losses and loss adjustment expensesCurrent accident year before catastrophes5,337 1,774 — 7,111 Current accident year catastrophes 419 269 — 688 Prior accident year development(173)(55)7 (221)Total provision for unpaid losses and loss adjustment expenses5,583 1,988 7 7,578 Change in deferred gain on retroactive reinsurance included in other liabilities87 — — 87 Payments(4,038)(1,760)(132)(5,930)Foreign currency adjustment(9)— — (9)Ending liabilities for unpaid losses and loss adjustment expenses, net26,223 2,268 601 29,092 Reinsurance and other recoverables4,562 27 2,014 6,603 Ending liabilities for unpaid losses and loss adjustment expenses, gross$30,785 $2,295 $2,615 $35,695 Earned premiums and fee income$9,451 $2,571 Loss and loss adjustment expense paid ratio [1]42.7 68.5 Loss and loss adjustment expense ratio59.3 78.1 Prior accident year development (pts) [2](1.8)(2.2)

[1]The “loss and loss adjustment expense paid ratio” represents the ratio of paid losses and loss adjustment expenses to earned premiums and fee income.

[2]“Prior accident year development (pts)” represents the ratio of prior accident year development to earned premiums.

Current Accident Year Catastrophe Losses, Net of ReinsuranceThree Months Ended September 30, 2024Nine Months Ended September 30, 2024Business InsurancePersonal InsuranceTotalBusiness InsurancePersonal InsuranceTotalWind and hail $40 $32 $72 $212 $185 $397 Winter storms(3)(1)(4)52 13 65 Hurricanes and tropical storms [1]100 61 161 100 61 161 Wildfires— —