What does package business — 1st year mean?

Refers to the loss experience or premium development for policies in their first year of coverage within the package business segment. This cohort analysis helps evaluate the initial underwriting profitability and risk profile of new business.

The Hartford Financial Services Group HIG Package Business — 1st Year

Other product segments

Property Insurance

117.4%-0.2%

Personal automobile physical damage

93.3%+1.5%

Commercial automobile physical damage

80.7%+3.2%

Automobiles

45.7%-2.4%

Assumed Reinsurance

23.4%-10.3%

Marine

22.6%-0.9%

Workers' Compensation

14.9%+0.7%

Surety Product Line

10.2%-8.1%

Professional liability

5.3%0.0%

General Liability

2.4%-4.0%

Similar metrics at other companies

GLREProperty — Year 1

48.1%-1.2pp

UFCSCommercial automobile — Year 1

35.7%-0.3pp

UFCSPersonal — Year 1

51.3%-3.8pp

GLRESpecialty — Year 1

26.6%-11.4pp

AFGProperty and casualty insurance — Year 1

52%-0.2pp

ACGLThird party occurrence business — Year One

3.7%+0.1pp

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:ShortdurationInsuranceContractsHistoricalClaimsDurationYearOne.

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 package business — 1st year?: The Hartford Financial Services Group (HIG) reported package business — 1st year of 35.1% in Q4 2025.
How has The Hartford Financial Services Group's package business — 1st year changed year-over-year?: The Hartford Financial Services Group's package business — 1st year decreased by 2.0% year-over-year, from 35.8% to 35.1%.
What does package business — 1st year mean?: Refers to the loss experience or premium development for policies in their first year of coverage within the package business segment. This cohort analysis helps evaluate the initial underwriting profitability and risk profile of new business.