Company: HIG-PG
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000874766-25-000107
Chunk: 195

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-10-27
Form: 10-Q
Item: Item 1
Chunk 195
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,727 6 %Change in unearned premium reserve37 85 (56%)100 180 (44)%Earned premiums950 885 7%2,780 2,547 9 %Fee income8 8 —%24 24 — %Losses and loss adjustment expensesCurrent accident year before catastrophes610 602 1%1,758 1,774 (1)%Current accident year catastrophes [1]31 92 (66%)316 269 17 %Prior accident year development [1](43)(14)NM(123)(55)(124)%Total losses and loss adjustment expenses598 680 (12%)1,951 1,988 (2)%Amortization of DAC72 65 11%210 188 12 %Insurance operating costs180 169 7%534 491 9 %Amortization of other intangible assets1 1 —%2 2 — %Underwriting gain (loss)107 (22)NM107 (98)NMNet investment income [2]67 58 16%182 158 15 %Net realized losses [2](4)(2)(100%)(10)(9)(11)%Net servicing and other income (expense) [3]4 5 (20%)14 15 (7)%Income before income taxes174 39 NM293 66 NM Income tax expense [4]35 8 NM58 12 NMNet income$139 $31 NM$235 $54 NM

[1]For additional information on current accident year catastrophes and prior accident year development, see MD&A - Critical Accounting Estimates, Property & Casualty Insurance Product Reserves, Net of Reinsurance and Note 9 - Reserve for Unpaid Losses and Loss Adjustment Expenses of Notes to Condensed Consolidated Financial Statements.

[2]For discussion of consolidated investment results, see MD&A - Investment Results.

[3]Includes servicing revenues of $25 and $22 for the three months ended September 30, 2025 and 2024, respectively, and $69 and $66 for the nine months ended September 30, 2025 and 2024, respectively. Includes servicing expenses of $20 and $18 for the three months ended September 30, 2025 and 2024, respectively, and $55 and $