Company: HIG-PG
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0000874766-25-000084
Chunk: 32

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-07-28
Form: 10-Q
Item: Item 2
Chunk 32
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2]449 402 12 %886 793 12 %Net realized losses [2](20)(50)60 %(44)(38)(16)%Other income (expense) [3](1)(1)— %(2)(3)33 % Income before income taxes872 670 30 %1,471 1,372 7 % Income tax expense [4]176 130 35 %298 259 15 %Net income$696 $540 29 %$1,173 $1,113 5 %

[1]For additional information on current accident year catastrophes and prior accident year development, see MD&A - Critical Accounting Estimates, Property and Casualty Insurance Product Reserves Development, 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 integration costs in connection with the 2019 acquisition of Navigators Group.

[4]For discussion of income taxes, see Note 12 - Income Taxes 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

Premium Measures

Three Months Ended June 30,Six Months Ended June 30,2025202420252024Small Business:Net new business premium$305 $291 $603 $559 Policy count retention83 %84 %84 %84 %Renewal written price increases5.7 %6.4 %6.1 %6.0 %Renewal earned price increases7.4 %5.8 %7.4 %5.5 %Policies in-force as of end of period (in thousands)1,615 1,537 Middle Market [1]:Net new business premium$190 $187 $378 $361 Premium retention82 %83 %82 %83 %Renewal written price increases 5.8 %6.7 %6.3 %6.9 %Renewal earned price increases7.1 %7.6 %7.1 %7.5 %Global Specialty:Global specialty gross new business premium [2