How has The Hartford Financial Services Group's marine — 2nd year changed year-over-year?

The Hartford Financial Services Group's marine — 2nd year decreased by 1.6% year-over-year, from 32% to 31.5%.

What does marine — 2nd year mean?

Represents the cumulative loss development or claims experience for policies originating in the second year of the underwriting cycle for the Marine segment. This metric helps assess the long-term profitability and risk profile of marine insurance cohorts.

The Hartford Financial Services Group HIG Marine — 2nd Year

Other product segments

Property Insurance

58.1%0.0%

Automobiles

54.1%+0.6%

Assumed Reinsurance

32.4%-1.8%

Surety Product Line

27.7%+4.9%

Package Business

22.2%-0.9%

Workers' Compensation

18.6%+1.1%

Professional liability

16.7%+3.7%

Commercial automobile physical damage

14.7%-15.0%

General Liability

8.3%+6.4%

Personal automobile physical damage

4.4%-30.2%

Similar metrics at other companies

ACGLMarine and aviation — Year Two

24.3%-4.6pp

ACGLMarine and aviation — Year One

1.8%+0.4pp

ACGLMarine and aviation — Year Three

19.8%-0.5pp

ACGLMarine and aviation — Year Six

6.4%+1.5pp

ACGLProperty, energy, marine and aviation — Year Two

41.4%-2.4pp

ACGLMarine and aviation — Year Four

15%+1.2pp

Other financials

Income statement

See full

Revenue$7.2B+6.1%

Net income$856.0M+35.9%

EPS (diluted)$3.04+41.4%

Balance sheet

See full

Cash & equivalents$166.0M+20.3%

Total debt$4.4B+0.1%

Total equity$18.9B+12.1%

Total assets$86.3B+4.9%

Cash flow

See full

Operating cash flow$1.0B+6.1%

CapEx$31.0M-18.4%

Free cash flow$1.0B+7.1%

Valuation

See full

Market cap$36.7B+2.1%

Enterprise value$40.91B+1.9%

P/E9×-2.0×

P/S1.3×0.0×

Profitability

See full

Net margin14.1%+3.0pp

FCF margin20.2%-0.8pp

Returns & leverage

See full

Return on equity22.7%+4.2pp

Debt / equity0.2×0.0×

Where this comes from

Reported directly by The Hartford Financial Services Group in its filing.

Tagged under the XBRL concept us-gaap:ShortdurationInsuranceContractsHistoricalClaimsDurationYearTwo.

The official record: The Hartford Financial Services Group’s 10-K, filed February 20, 2026, on SEC EDGAR. View the filing →

Ask your AI about The Hartford Financial Services Group's marine — 2nd year.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is The Hartford Financial Services Group's marine — 2nd year?: The Hartford Financial Services Group (HIG) reported marine — 2nd year of 31.5% in Q4 2025.
How has The Hartford Financial Services Group's marine — 2nd year changed year-over-year?: The Hartford Financial Services Group's marine — 2nd year decreased by 1.6% year-over-year, from 32% to 31.5%.
What does marine — 2nd year mean?: Represents the cumulative loss development or claims experience for policies originating in the second year of the underwriting cycle for the Marine segment. This metric helps assess the long-term profitability and risk profile of marine insurance cohorts.