Company: HIG-PG
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000874766-25-000107
Chunk: 186

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-10-27
Form: 10-Q
Item: Item 1
Chunk 186
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 amortization of the Navigators ADC deferred gain under retroactive reinsurance accounting.

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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

For discussion of the factors contributing to unfavorable (favorable) prior accident year reserve development for 2025, please refer to Note 9 - Reserve for Unpaid Losses and Loss Adjustment Expenses of Notes to Condensed Consolidated Financial Statements. 

Rollforward of Property and Casualty Insurance Product Liabilities for Unpaid Losses and LAE for the Nine Months Ended September 30, 2024 Business InsurancePersonal InsuranceProperty & Casualty Other OperationsTotal Property & Casualty InsuranceBeginning liabilities for unpaid losses and loss adjustment expenses, gross$29,181 $2,068 $2,795 $34,044 Reinsurance and other recoverables4,599 28 2,069 6,696 Beginning liabilities for unpaid losses and loss adjustment expenses, net24,582 2,040 726 27,348 Provision for unpaid losses and loss adjustment expensesCurrent accident year before catastrophes5,337 1,774 — 7,111 Current accident year catastrophes 419 269 — 688 Prior accident year development(173)(55)7 (221)Total provision for unpaid losses and loss adjustment expenses5,583 1,988 7 7,578 Change in deferred gain on retroactive reinsurance included in other liabilities87 — — 87 Payments(4,038)(1,760)(132)(5,930)Foreign currency adjustment(9)— — (9)Ending liabilities for unpaid losses and loss adjustment expenses, net26,223 2,268 601 29,092 Reinsurance and other recoverables4,562 27 2,014 6,603 Ending liabilities for unpaid losses and loss adjustment expenses, gross$30,785 $2,295 $2,615 $35,695 Earned premiums and fee income$9,451 $2,571 Loss and loss adjustment expense paid ratio [1]42.7 68.5 Loss and loss adjustment expense ratio59.3 78.1 Prior accident year development (pts) [2](1.8)(2.2)

[1]The “loss and loss adjustment expense paid ratio” represents the ratio of