What does professional liability — 3rd year mean?

Tracks the loss development and claim activity for professional liability policies in their third year of existence. This period is critical for assessing the accuracy of initial loss estimates as more complex claims emerge.

The Hartford Financial Services Group HIG Professional liability — 3rd Year

Other product segments

Automobiles

37.2%+2.2%

Marine

15.8%-6.0%

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

CNAOther Professional Liability and Management Liability — Year 3

19.8%+0.6pp

CNAMedical Professional Liability — Year 3

21.4%-0.4pp

CNAGeneral Liability — Year 3

15.5%-0.2pp

CNAOther Professional Liability and Management Liability — Year 4

15%+0.3pp

CNAOther Professional Liability and Management Liability — Year 2

19.5%-0.1pp

CNAOther Professional Liability and Management Liability — Year 6

7.3%+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

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:ShortdurationInsuranceContractsHistoricalClaimsDurationYearThree.

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 professional liability — 3rd 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 professional liability — 3rd year?: The Hartford Financial Services Group (HIG) reported professional liability — 3rd year of 15.9% in Q4 2025.
How has The Hartford Financial Services Group's professional liability — 3rd year changed year-over-year?: The Hartford Financial Services Group's professional liability — 3rd year decreased by 3.6% year-over-year, from 16.5% to 15.9%.
What does professional liability — 3rd year mean?: Tracks the loss development and claim activity for professional liability policies in their third year of existence. This period is critical for assessing the accuracy of initial loss estimates as more complex claims emerge.