Company: HIG-PG
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0000874766-25-000084
Chunk: 340

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-07-28
Form: 10-Q
Item: Item 8
Chunk 340
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6 %

[1]Except for net new business premium, metrics for middle market exclude loss sensitive and programs businesses.

[2]Excludes Global Re and is before ceded reinsurance. 

[3]Excludes Global Re, offshore energy policies, credit and political risk insurance ("CPRI") policies, political violence and terrorism ("PV&T") policies, and any business under which the managing agent of our Lloyd's Syndicate delegates underwriting authority to coverholders and other third parties.

Underwriting Ratios

Three Months Ended June 30,Six Months Ended June 30,20252024Change20252024ChangeLoss and loss adjustment expense ratio56.1 58.4 (2.3)59.4 58.4 1.0 Expense ratio30.6 31.1 (0.5)30.9 31.3 (0.4)Policyholder dividend ratio0.3 0.3 — 0.3 0.3 — Combined ratio87.0 89.8 (2.8)90.6 90.0 0.6 Adjustments to reconcile combined ratio to underlying combined ratio:Current accident year catastrophes and prior accident year development1.0 (2.4)3.4 (2.4)(2.1)(0.3)Underlying combined ratio88.0 87.4 0.6 88.2 87.9 0.3 Underlying loss and loss adjustment expense ratio57.0 56.1 0.9 57.0 56.3 0.7 Current accident year catastrophes3.3 5.0 (1.7)5.8 4.3 1.5 Prior accident year development(4.3)(2.6)(1.7)(3.4)(2.2)(1.2)Total loss and loss adjustment expense ratio56.1 58.4 (2.3)59.4 58.4 1.0 Loss and loss adjustment expense ratio56.1 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