The Hartford 2008 Annual Report Download - page 482

Table of Contents
THE HARTFORD FINANCIAL SERVICES GROUP, INC.
SCHEDULE V
VALUATION AND QUALIFYING ACCOUNTS
Charged to Write-offs/
Balance Costs and Translation Payments/ Balance
(In millions) January 1, Expenses Adjustment Other December 31,
2008
Allowance for doubtful
accounts and other $ 126 $ 53 $ — $ (54) $ 125
Allowance for uncollectible
reinsurance 404 12 — (37) 379
Accumulated depreciation
of property and
equipment 1,395 228 — (22) 1,601
Valuation allowance on
mortgage loans — 26 — — 26
Valuation allowance for
deferred taxes 43 32 — — 75
2007
Allowance for doubtful
accounts and other $ 114 $ 47 $ — $ (35) $ 126
Allowance for uncollectible
reinsurance 412 12 — (20) 404
Accumulated depreciation
of property and
equipment 1,241 232 — (78) 1,395
Valuation allowance for
deferred taxes 60 (17) — — 43
2006
Allowance for doubtful
accounts and other $ 120 $ 35 $ — $ (41) $ 114
Allowance for uncollectible
reinsurance 413 284 — (285) 412
Accumulated depreciation
of property and
equipment 1,150 193 — (102) 1,241
Valuation allowance for
deferred taxes 44 16 — — 60
THE HARTFORD FINANCIAL SERVICES GROUP, INC.
SCHEDULE VI
SUPPLEMENTAL INFORMATION CONCERNING
PROPERTY AND CASUALTY INSURANCE OPERATIONS
Discount Losses and Loss Adjustment Paid Losses and
Deducted From Expenses Incurred Related to: Loss Adjustment
(In millions) Liabilities [1] Current Year Prior Year Expenses
Years ended December 31,
2008 $ 488 $ 6,933 $ (226) $ 6,591
2007 $ 568 $ 6,869 $ 48 $ 6,290
2006 $ 605 $ 6,706 $ 296 $ 6,150
[1]
Source: HARTFORD FINANCIAL S, 10-K, February 12, 2009