HARTFORD INSURANCE GROUP, INC. (HIG) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that HARTFORD INSURANCE GROUP, INC. surfaced in its latest filing.

• Effective December 31, 2016, the Company entered into a reinsurance agreement with National Indemnity Company covering adverse development on substantially all net A&E reserves up to $1.5 billion.December 31, 2016
• As of December 31, 2024, the $1.5 billion treaty limit has been exhausted.December 31, 2024
• The Company has an exclusive licensing arrangement with AARP for marketing products, continuing through December 31, 2032.December 31, 2032
• TRIPRA 2019 expires on December 31, 2027, and if not reauthorized, exposure to terrorism losses could increase materially.December 31, 2027
• The U.K. entered into a free trade agreement with the E.U. on December 30, 2020, establishing a Trade Partnership Committee that could affect regulation of U.K. domiciled financial services and insurance firms.December 30, 2020
• In March of 2024, the SEC issued final rules to enhance and standardize climate-related disclosures; the rules have been challenged and stayed pending litigation.March 2024
• In December 2024, the IAIS approved the final version of the global Insurance Capital Standard (ICS) as a prescribed capital requirement for IAIGs and finalized the comparability assessment of the U.S.-developed Aggregation Method.December 2024