Company: HIG-PG
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000874766-25-000023
Chunk: 712

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 9B
Chunk 712
---
 reinsurance recoverable under the Navigators ADC of $91 as estimated cumulative loss development on the 2018 and prior accident year reserves has exhausted the treaty limit. While the reinsurance recoverable is $91, the Company previously recorded a $209 cumulative deferred gain within other liabilities since, under retroactive reinsurance accounting, ceded losses in excess of the $91 of ceded premium paid must be recognized as a deferred gain. During 2024, the Company collected recoveries from NICO under the Navigators ADC and as a result amortized $145 of the $209 deferred gain within benefits, losses and loss adjustment expenses in the Consolidated Statements of Operations. As there were no collected recoveries during the years ended December 31, 2023, and December 31, 2022, there were no changes to the deferred gain in those years. As of December 31, 2024, and December 31, 2023, the deferred gain on the Navigators ADC was $64 and $209, respectively, and is included in other liabilities on the Consolidated Balance Sheets. Reconciliation of Loss Development to Liability for Unpaid Losses and Loss Adjustment Expenses As of December 31, 2024 Losses and Allocated Loss Adjustment Expenses, Net of ReinsuranceSubtotalReserve LineCumulative Incurred for Accident Years Displayed in TrianglesCumulative Paid for Accident Years Displayed in TrianglesUnpaid for Accident 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 ExpensesWorkers' compensation$18,389 $(9,665)$3,836 $419 $(319)$12,660 $1,721 $14,381 General liability9,416 (4,177)494 202 — 5,935 1,230 7,165 Marine1,427 (1,114)15 15 — 343 244 587 Package business8,630 (6,279)109 130 — 2,590 31 2,621 Commercial property4,244 (3,676)13 31 — 612 299 911 Commercial automobile liability4,606 (3,106)16 38 — 1,554 113 1,