Company: HIG-PG
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0000874766-25-000084
Chunk: 332

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-07-28
Form: 10-Q
Item: Item 8
Chunk 332
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 and is set forth in the paragraphs and tables that follow.

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Table of ContentsIndex to MD&A Part I - Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations

Rollforward of Property and Casualty Insurance Product Liabilities for Unpaid Losses and LAE for the Six Months Ended June 30, 2025Business InsurancePersonal InsuranceProperty & Casualty Other OperationsTotal Property & CasualtyBeginning liabilities for unpaid losses and loss adjustment expenses, gross$31,380 $2,240 $2,784 $36,404 Reinsurance and other recoverables4,637 20 2,096 6,753 Beginning liabilities for unpaid losses and loss adjustment expenses, net26,743 2,220 688 29,651 Provision for unpaid losses and loss adjustment expensesCurrent accident year before catastrophes3,843 1,148 — 4,991 Current accident year catastrophes394 285 — 679 Prior accident year development (229)(80)— (309)Total provision for unpaid losses and loss adjustment expenses4,008 1,353 — 5,361 Change in deferred gain on retroactive reinsurance included in other liabilities 56 — — 56 Payments(3,036)(1,233)(111)(4,380)Foreign currency adjustment39 — — 39 Ending liabilities for unpaid losses and loss adjustment expenses, net27,810 2,340 577 30,727 Reinsurance and other recoverables4,519 43 2,069 6,631 Ending liabilities for unpaid losses and loss adjustment expenses, gross$32,329 $2,383 $2,646 $37,358 Earned premiums and fee income$6,770 $1,846 Loss and loss adjustment expense paid ratio [1]44.8 66.8 Loss and loss adjustment expense ratio59.4 73.9 Prior accident year development (pts) [2](3.4)(4.4)

[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 June 30, 2025