What does package business — 2nd year mean?

Refers to the loss experience or premium development for policies in their second year of coverage within the package business segment. This metric tracks the maturation of claims and the persistence of underwriting profitability over time.

The Hartford Financial Services Group HIG Package Business — 2nd Year

Other product segments

Property Insurance

58.1%0.0%

Automobiles

54.1%+0.6%

Assumed Reinsurance

32.4%-1.8%

Marine

31.5%-1.6%

Surety Product Line

27.7%+4.9%

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

GLREProperty — Year 2

33.5%+0.3pp

GLRESpecialty — Year 2

45%-20.2pp

UFCSCommercial automobile — Year 2

21.3%+0.3pp

ACGLThird party occurrence business — Year Two

10.1%+0.1pp

UFCSCommercial other liability — Year 2

14.1%-0.6pp

AXSInsurance — Year 2

38.8%—

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 package business — 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 package business — 2nd year?: The Hartford Financial Services Group (HIG) reported package business — 2nd year of 22.2% in Q4 2025.
How has The Hartford Financial Services Group's package business — 2nd year changed year-over-year?: The Hartford Financial Services Group's package business — 2nd year decreased by 0.9% year-over-year, from 22.4% to 22.2%.
What does package business — 2nd year mean?: Refers to the loss experience or premium development for policies in their second year of coverage within the package business segment. This metric tracks the maturation of claims and the persistence of underwriting profitability over time.