Company: HIG-PG
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000874766-25-000107
Chunk: 140

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-10-27
Form: 10-Q
Item: Item 1
Chunk 140
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, net31,112 29,092 Reinsurance and other recoverables6,627 6,603 Ending liabilities for unpaid losses and loss adjustment expenses, gross$37,739 $35,695 [1] Prior accident year development for the nine months ended September 30, 2025 and 2024 included a $64 and $87 benefit for amortization of a deferred gain under retroactive reinsurance accounting, respectively, related to the Navigators Adverse Development Cover (the "Navigator's ADC"). For additional information regarding the ADC reinsurance agreement, refer to "Change in Deferred Gain on Retroactive Reinsurance" discussion below.

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Table of ContentsNote 9 - Reserve for Unpaid Losses and Loss Adjustment ExpensesThe Hartford Insurance Group, Inc.Notes To Condensed Consolidated Financial Statements (continued)

Unfavorable (Favorable) Prior Accident Year DevelopmentFor the nine months ended September 30,20252024Workers’ compensation$(188)$(188)Workers’ compensation discount accretion34 34 General liability— 81 Marine— (1)Package business— (6)Commercial property(28)(7)Professional liability(11)(7)Bond(22)(22)Assumed reinsurance— 24 Commercial automobile liability— 26 Personal automobile liability(55)(13)Homeowners(36)(15)Net asbestos and environmental ("A&E") reserves— — Catastrophes(39)(38)Uncollectible reinsurance6 — Other reserve re-estimates, net (9)(2)Prior accident year development before change in deferred gain(348)(134)Change in deferred gain on retroactive reinsurance included in other liabilities [1](64)(87)Total prior accident year development$(412)$(221)[1]The $64 and $87 change in deferred gain on retroactive reinsurance for the nine months ended September 30, 2025 and 2024, respectively, is related to amortization of the Navigators ADC deferred gain. For additional information regarding the ADC reinsurance agreement, refer to "Change in Deferred Gain on Retroactive Reinsurance" discussion below.Re-estimates of prior accident year reserves for the nine months ended September 30, 2025Workers’ compensation reserves were decreased within the 2016 to 2021 accident years primarily in small business, driven by lower than previously estimated claim severity.Commercial property reserves were decreased primarily within accident years