Company: HIG-PG
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0000874766-25-000084
Chunk: 34

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-07-28
Form: 10-Q
Item: Item 2
Chunk 34
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 58.4 (2.3)59.4 58.4 1.0 Adjustments to reconcile loss and loss adjustment expense ratio to underlying loss and loss adjustment expense ratio:Current accident year catastrophes and prior accident year development1.0 (2.4)3.4 (2.4)(2.1)(0.3)Underlying loss and loss adjustment expense ratio57.0 56.1 0.9 57.0 56.3 0.7 

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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

Net Income Three and six months ended June 30, 2025 compared to the three and six months ended June 30, 2024 Net income for the three and six months ended June 30, 2025 increased primarily due to a higher underwriting gain, higher net investment income, and for the three month period, lower net realized losses. For further discussion of investment results, see MD&A - Investment Results.Underwriting GainThree and six months ended June 30, 2025 compared to the three and six months ended June 30, 2024 Underwriting gain for the three and six months ended June 30, 2025 increased due to the effect of earned premium growth, higher favorable prior accident year development, and for the three month period, lower CAY catastrophe losses. These favorable impacts were partially offset by a higher underlying loss and LAE ratio, and for the six month period, higher CAY catastrophe losses.Expense ratio for the three and six months ended June 30, 2025 improved modestly as the impact of higher earned premium was partially offset by increased technology costs, including increased investment.

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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

 Earned Premiums[1]Other earned premiums of $14 and $16 for the three months ended June 30, 2024, and 2025, respectively and $29 and $32, for the six months ended June 30, 2024 and 2025, respectively. Written Premiums[1]Other written premiums of $14 and $16 for the three months ended June 30, 2024, and 2025, respectively and $28 and $32, for the six months ended June 30, 202