Company: HIG-PG
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000874766-25-000023
Chunk: 1029

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1C
Chunk 1029
---
 December 31, 2024, Net of ReinsuranceBusiness InsurancePersonal InsuranceTotalWind and hail$210 $190 $400 Winter storms52 18 70 Hurricanes and tropical storms [1]136 64 200 Wildfires1 10 11 Other international1 — 1 Catastrophes before assumed reinsurance400 282 682 Global assumed reinsurance business [2]86 — 86 Total catastrophe losses$486 $282 $768 

[1]Includes losses from Hurricane Helene of $121, net of reinsurance, including $20 of hurricane losses in the global assumed reinsurance business.

[2]Catastrophe losses incurred on global assumed reinsurance business are not covered under the Company's aggregate property catastrophe treaty. For further information on the treaty, refer to Enterprise Risk Management — Insurance Risk section of this MD&A.

59

|Table of ContentsIndex to MD&APart II - Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations

Unfavorable (Favorable) Prior Accident Year Development for the Year Ended December 31, 2024Business InsurancePersonal InsuranceProperty & Casualty Other OperationsTotal Property & Casualty InsuranceWorkers’ compensation$(258)$— $— $(258)Workers’ compensation discount accretion44 — — 44 General liability211 — — 211 Marine(1)— — (1)Package business(6)— — (6)Commercial property(7)— — (7)Professional liability(27)— — (27)Bond(56)— — (56)Assumed reinsurance24 — — 24 Automobile liability47 (30)— 17 Homeowners— (28)— (28)Net asbestos and environmental reserves [1]— — 141 141 Catastrophes(67)(20)— (87)Uncollectible reinsurance(7)— (12)(19)Other reserve re-estimates, net [2]17 (30)28 15 Prior accident year development before change in deferred gain(86)(108)157 (37)Change in deferred gain on retroactive reinsurance included in other liabilities [1][3](145)— 62 (83)Total prior accident year development$(231)$(108)$219 $(120)

[