Company: HIG-PG
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000874766-25-000107
Chunk: 189

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-10-27
Form: 10-Q
Item: Item 1
Chunk 189
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)Total prior accident year development$(173)$(55)$7 $(221)

[1]Other reserve re-estimates, net for the nine months ended September 30, 2024 includes a favorable change of $(24) in personal automobile physical damage reserves. 

[2]The $87 change in deferred gain on retroactive reinsurance for the nine months ended September 30, 2024 is related to amortization of the Navigators ADC deferred gain under retroactive reinsurance accounting. 

For discussion of the factors contributing to unfavorable (favorable) prior accident year reserve development for 2024, please refer to Note 9 - Reserve for Unpaid Losses and Loss Adjustment Expenses of Notes to Condensed Consolidated Financial Statements. 

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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

Reportable Segment And Corporate Operating Summaries

Business Insurance - Results of Operations

Underwriting Summary

Three Months Ended September 30,Nine Months Ended September 30,20252024Change20252024ChangeWritten premiums$3,573 $3,275 9%$11,075 $10,177 9 %Change in unearned premium reserve33 26 27%787 759 4 %Earned premiums3,540 3,249 9%10,288 9,418 9 %Fee income11 11 —%33 33 — %Losses and loss adjustment expensesCurrent accident year before catastrophes2,051 1,862 10%5,894 5,337 10 %Current accident year catastrophes [1]39 155 (75%)433 419 3 %Prior accident year development [1](60)(36)(67%)(289)(173)(67)%Total losses and loss adjustment expenses2,030 1,981 2%6,038 5,583 8 %Amortization of DAC559 512 9%1,636 1,477 11 %Insurance operating costs546 497 10%1,565 1,468 7 %Amortization of other intangible assets7 7 —%21 21 — %Dividends to policyholders12 10 20%33 29 14 %Underwriting gain397 253 57%1,028 873 18