Company: HIG-PG
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000874766-25-000023
Chunk: 1054

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1C
Chunk 1054
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8(6.0)7.3 Current accident year catastrophes8.2 7.8 7.1 0.4 0.7 Prior accident year development(3.1)0.4 (0.4)(3.5)0.8 Total loss and loss adjustment expense ratio73.1 82.2 73.4 (9.1)8.8 Loss and loss adjustment expense ratio73.1 82.2 73.4 (9.1)8.8 Adjustment to reconcile loss and loss adjustment expense ratio to underlying loss and loss adjustment expense ratio:Current accident year catastrophes and prior year development(5.1)(8.2)(6.7)3.1 (1.5)Underlying loss and loss adjustment expense ratio68.1 74.1 66.8 (6.0)7.3 

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

Product Combined Ratios

202420232022Increase (Decrease) From 2023 to 2024Increase (Decrease) From 2022 to 2023AutomobileCombined ratio103.3 112.8 104.1 (9.5)8.7 Adjustment to reconcile combined ratio to underlying combined ratio:Current accident year catastrophes(2.6)(1.8)(3.5)(0.8)1.7 Prior accident year development2.8 (1.1)0.7 3.9 (1.8)Underlying combined ratio103.4 109.8 101.3 (6.4)8.5 HomeownersCombined ratio90.1 96.4 92.2 (6.3)4.2 Adjustment to reconcile combined ratio to underlying combined ratio:Current accident year catastrophes(20.9)(21.1)(14.9)0.2 (6.2)Prior accident year development3.5 0.6 (0.3)2.9 0.9 Underlying combined ratio72.7 75.9 77.0 (3.2)(1.1)

Net Income (Loss) Year ended December 31, 2024 compared to the year ended December