HARTFORD INSURANCE GROUP, INC.
For the period ended Mar 31, 2026. Filed Apr 23, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed Apr 23, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Property & Casualty Other Operations
Property & Casualty Other Operations - Results of Operations
| Three Months Ended March 31, | |||
|---|---|---|---|
| 2026 | 2025 | Change | |
| Losses and loss adjustment expenses | |||
| Prior accident year development [1] | $(36) | $— | NM |
| Total losses and loss adjustment expenses | (36) | — | NM |
| Insurance operating costs | 2 | 2 | —% |
| Underwriting gain (loss) | 34 | (2) | NM |
| Net investment income [2] | 20 | 18 | 11% |
| Net realized losses [2] | (1) | — | NM |
| Income before income taxes | 53 | 16 | NM |
| Income tax expense [3] | 11 | 3 | NM |
| Net income | $42 | $13 | NM |
[1]For additional information on prior accident year development, see Note 9 - Reserve for Unpaid Losses and Loss Adjustment Expenses of Notes to Condensed Consolidated Financial Statements.
[3]For discussion of income taxes, see Note 12 - Income Taxes of Notes to Condensed Consolidated Financial Statements.
| Table of Contents | Index to MD&A |
|---|
Net income increased driven by a change from an underwriting loss to an underwriting gain.
Underwriting gain (loss) changed from a loss to a gain due to a benefit of $36 related to amortization of the A&E ADC deferred gain. For additional information regarding the ADC reinsurance agreement refer to Note 9 - Reserve for Unpaid Losses and Loss Adjustment Expenses of Notes to Condensed Consolidated Financial Statements.
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