Company: HIG-PG
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0000874766-25-000084
Chunk: 342

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-07-28
Form: 10-Q
Item: Item 8
Chunk 342
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 the three and six months ended June 30, 2025 increased driven by growth across small business, middle & large business and global specialty.•Small business written premium increased driven by renewal written price increases in almost all lines, as well as mid single-digit and high single-digit new business growth for the three and six month periods, respectively. Written premium grew in nearly all lines of business, including package business, excess and surplus and automobile.•Middle & large business written premium increased driven by renewal written price increases in almost all lines and, for the six month period, mid single-digit new business growth. Written premium rose across most industry verticals and the large and complex lines.•Global specialty written premium increased driven by written price increases across most lines as well as an increase in gross new business, primarily in U.S. excess casualty insurance lines. Written premiums also grew in global reinsurance, primarily in property, casualty and credit risk.Renewal written price increases were recognized in most lines for both the three and six months ended June 30, 2025.•In small business, renewal written price increases were lower than prior year levels overall, with mid single-digit to low double-digit price increases across most lines. Workers' compensation pricing was slightly negative.•In middle market, renewal written price increases were lower than prior year levels overall, with mid single-digit to low double-digit price increases in most lines. Workers' compensation pricing turned slightly negative.•In global specialty, renewal written price increases were lower than prior year levels with mid single-digit price increases overall. 

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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

Underlying Loss and Loss Adjustment Expense Ratio Three and six months ended June 30, 2025 compared to the three and six months ended June 30, 2024 Underlying Loss and Loss Adjustment Expense Ratio for the three and six months ended June 30, 2025 increased due to a higher general liability loss ratio, reflecting the increased severity trends observed beginning in the second half of 2024, and workers' compensation margin compression.Catastrophes and Unfavorable (Favorable) Prior Accident Year DevelopmentThree and six months ended June 30, 2025 compared to the three and six months ended June 30, 2024 Current accident year catastrophe losses decreased for the three month period and increased for the six month period. CAY catastrophe losses for the three months ended June 30, 2025 included losses