How has The Hartford Financial Services Group's marine — 3rd year changed year-over-year?

The Hartford Financial Services Group's marine — 3rd year decreased by 6.0% year-over-year, from 16.8% to 15.8%.

What does marine — 3rd year mean?

Represents the cumulative loss development or claims experience for policies originating in the third year of the underwriting cycle for the Marine segment. It provides insight into the maturity of claims for older marine insurance policies.

The Hartford Financial Services Group HIG Marine — 3rd Year

Other product segments

Automobiles

37.2%+2.2%

Professional liability

15.9%-3.6%

Assumed Reinsurance

14.7%+3.5%

Workers' Compensation

12.2%+0.8%

General Liability

12%+1.7%

Surety Product Line

11.8%+7.3%

Package Business

9.8%+2.1%

Property Insurance

9.4%-1.1%

Commercial automobile physical damage

0.4%+300%

Personal automobile physical damage

-0.2%+50.0%

Similar metrics at other companies

ACGLMarine and aviation — Year Three

19.8%-0.5pp

ACGLMarine and aviation — Year Two

24.3%-4.6pp

ACGLProperty, energy, marine and aviation — Year Three

18.2%+1.0pp

AXSInsurance — Year 3

15.3%—

ACGLMarine and aviation — Year Four

15%+1.2pp

ACGLMarine and aviation — Year One

1.8%+0.4pp

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

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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

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Operating cash flow$1.0B+6.1%

CapEx$31.0M-18.4%

Free cash flow$1.0B+7.1%

Valuation

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Market cap$36.7B+2.1%

Enterprise value$40.91B+1.9%

P/E9×-2.0×

P/S1.3×0.0×

Profitability

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Net margin14.1%+3.0pp

FCF margin20.2%-0.8pp

Returns & leverage

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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:ShortdurationInsuranceContractsHistoricalClaimsDurationYearThree.

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

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Questions, answered.

What is The Hartford Financial Services Group's marine — 3rd year?: The Hartford Financial Services Group (HIG) reported marine — 3rd year of 15.8% in Q4 2025.
How has The Hartford Financial Services Group's marine — 3rd year changed year-over-year?: The Hartford Financial Services Group's marine — 3rd year decreased by 6.0% year-over-year, from 16.8% to 15.8%.
What does marine — 3rd year mean?: Represents the cumulative loss development or claims experience for policies originating in the third year of the underwriting cycle for the Marine segment. It provides insight into the maturity of claims for older marine insurance policies.