The Hartford 2008 Annual Report Download - page 189

Table of Contents
Prior accident year development recorded in 2007
Included within prior accident year development for the year ended December 31, 2007 were the following reserve
strengthenings (releases).
Personal Small Middle Specialty Ongoing Other Total
Lines Commercial Market Commercial Operations Operations P&C
Release of workers’
compensation loss and loss
adjustment expense reserves,
primarily for accident years
2002 to 2006 $ — $ (151) $ — $ — $ (151) $ — $ (151)
Release of general liability loss
and loss adjustment expense
reserves for accident years
2003 to 2006 — — (49) — (49) — (49)
Release of workers’
compensation loss reserves
for accident years 1987 to
2000 — (33) — — (33) — (33)
Release of loss reserves for
package business for accident
years 2003 to 2006 — (30) — — (30) — (30)
Release of reserves for surety
business for accident years
2003 to 2006 — — — (22) (22) — (22)
Release of commercial auto
liability reserves for accident
years 2003 and 2004 — — (18) — (18) — (18)
Release of reserves on Personal
Lines auto liability claims for
accident years 2002 to 2006 (16) — — — (16) — (16)
Release of reserves on errors &
omissions policies for
accident year 2005 — — — (15) (15) — (15)
Strengthening of workers’
compensation loss and loss
adjustment expense reserves
for accident years 1987 to
2001 — — — 47 47 — 47
Strengthening of workers’
compensation reserves for
accident years 1973 & prior — — 40 — 40 — 40
Strengthening of general liability
reserves for accident years
more than 20 years old — — 14 25 39 — 39
Strengthening of general liability
reserves primarily related to
accident years 1987 to 1997 — — — 34 34 — 34
Strengthening or reserves
primarily as a result of an
adverse arbitration decision — — — — — 99 99
Strengthening of environmental
reserves — — — — — 25 25
Other reserve reestimates, net
[1] 12 5 (3) 15 29 69 98
Total prior accident year
development for the year
ended December 31, 2007 $ (4) $ (209) $ (16) $ 84 $ (145) $ 193 $ 48
[1] Includes reserve discount accretion of $31, including $6 in Small Commercial, $8 in Middle Market, $11 in Specialty
Commercial and $6 in Other Operations.
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Source: HARTFORD FINANCIAL S, 10-K, February 12, 2009