Company: HIG-PG
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000874766-25-000023
Chunk: 1013

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1C
Chunk 1013
---
ities, AFS and ACL on mortgage loans; and•contingencies relating to corporate litigation and regulatory matters.In developing these estimates management makes subjective and complex judgments that are inherently uncertain and subject to material change as facts and circumstances develop. Although variability is inherent in these estimates, management believes the amounts provided are appropriate based upon the facts available upon compilation of the financial statements. Certain of these estimates are particularly sensitive to market conditions, and deterioration and/or volatility in the worldwide debt or equity markets could have a material impact on the Consolidated Financial Statements.

51

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

|PROPERTY & CASUALTY INSURANCE PRODUCT RESERVES, NET OF REINSURANCE

Loss and LAE Reserves, Net of Reinsurance as of December 31, 2024

Business InsurancePersonal InsuranceProperty & CasualtyOther OperationsTotal Property &Casualty Insurance% Total Reserves-netWorkers’ compensation$12,660 $— $— $12,660 42.7%General liability5,935 — — 5,935 20.0%Marine343 — — 343 1.2%Package business [1]2,590 — — 2,590 8.7%Commercial property612 — — 612 2.1%Automobile liability1,554 1,727 — 3,281 11.1%Automobile physical damage31 78 — 109 0.4%Professional liability1,577 — — 1,577 5.3%Bond443 — — 443 1.5%Homeowners— 403 — 403 1.4%Asbestos and environmental83 8 224 315 1.1%Assumed reinsurance758 — 71 829 2.8%All other 157 4 393 554 1.9%Total reserves-net26,743 2,220 688 29,651 100.0%Reinsurance and other recoverables4,637 20 2,096 6,753 Total reserves-gross$31,380 $2,240 $2,784 $36,404 

[1]Business Insurance policy packages that include property and general liability coverages are generally referred to as the package line