The Hartford’s P&C unit falls to U/W loss on $300mn in cats, $62mn reserve charge
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The Hartford’s P&C unit falls to U/W loss on $300mn in cats, $62mn reserve charge

Jairo Ibarra
October 28, 2021
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The Hartford’s P&C division swung to a $17mn underwriting loss in the third quarter, as catastrophe costs soared, outweighing higher earned premiums and an improved underlying loss ratio.

The carrier’s combined ratio deteriorated to 100.5% in Q3 from 95.7% in Q3 2020, as the loss ratio climbed to 69.5%

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Jairo Ibarra
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