Company: HIG-PG
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000874766-25-000107
Chunk: 348

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-10-27
Form: 10-Q
Item: Item 8
Chunk 348
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 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 %Net investment income [2]519 442 17%1,405 1,235 14 %Net realized losses [2](26)(32)19%(70)(70)— %Other income (expense) [3]— (1)100%(2)(4)50 % Income before income taxes890 662 34%2,361 2,034 16 % Income tax expense [4]180 134 34%478 393 22 %Net income$710 $528 34%$1,883 $1,641 15 %

[1]For additional information on current accident year