Company: HIG-PG
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000874766-25-000023
Chunk: 1524

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 2
Chunk 1524
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 change in the recovery rate assumption.Group life and accident (including group life premium waiver)- Prior period reserve estimates decreased by approximately $80 largely driven by favorable mortality emergence and continued low incidence in group life premium waiver.2023 re-estimates of prior incurral year reservesGroup disability- Prior period reserve estimates decreased by approximately $457 largely driven by group long-term disability claim incidence lower than prior assumptions and strong recoveries on prior incurral year claims.Group life and accident (including group life premium waiver)- Prior period reserve estimates decreased by approximately $36 largely driven by continued low incidence in group life premium waiver.Supplemental Accident & Health- Prior period reserve estimates decreased by approximately $9 driven by lower than previously expected claim incidence.2022 re-estimates of prior incurral year reservesGroup disability- Prior period reserve estimates decreased by approximately $325 largely driven by group long-term disability claim incidence lower than prior assumptions, strong recoveries on prior incurral year claims and higher estimated claim termination rates.Group life and accident (including group life premium waiver)- Prior period reserve estimates decreased by approximately $50 largely driven by continued low incidence in group life premium waiver as well as a reduction in the estimation of high level of mortality losses incurred in fourth quarter 2021.Supplemental Accident & Health- Prior period reserve estimates decreased by approximately $6 driven by lower than previously expected claim incidence.

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|Index to Consolidated Financial Statements and SchedulesTable of ContentsNote 10 - Reserve for Unpaid Losses and Loss Adjustment ExpensesTHE HARTFORD INSURANCE GROUP, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)

 Reconciliation of Loss Development to Liability for Unpaid Losses and Loss Adjustment Expenses as of December 31, 2024Losses and Allocated Loss Adjustment Expenses, Net of ReinsuranceSubtotalReserve LineCumulative Incurred for Incurral Years Displayed in TrianglesCumulative Paid for Incurral Years Displayed in TrianglesUnpaid for Incurral Years not Displayed in TrianglesUnpaid Unallocated Loss Adjustment Expenses, Net of ReinsuranceDiscountUnpaid Losses and Loss Adjustment Expenses, Net of ReinsuranceReinsurance and Other RecoverablesLiability for Unpaid Losses and Loss Adjustment ExpensesGroup long-term disability$14,365 $(8,243)$1,400 $193 $(1,121)$6,594 $270 $6,864 Group life and accident, excluding premium waiver6,213 (5,669)145