The Hartford 2009 Annual Report Download - page 209

THE HARTFORD FINANCIAL SERVICES GROUP, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
F-60
11. Reserves for Future Policy Benefits and Unpaid Losses and Loss Adjustment Expenses (continued)
Life Reserve Development
Life’ s reserve development resulting primarily from group disability products is as follow:
For the years ended December 31,
2009 2008 2007
Beginning liabilities for life unpaid losses and loss adjustment expenses-gross $6,066 $ 6,028 $ 5,877
Reinsurance recoverables 231 261 236
Beginning liabilities for life unpaid losses and loss adjustment expenses 5,835 5,767 5,641
Add provision for life unpaid losses and loss adjustment expenses
Current year 3,244 3,243 3,186
Prior years (88) (118) (125)
Total provision for life unpaid losses and loss adjustment expenses 3,156 3,125 3,061
Less payments
Current year 1,580 1,554 1,470
Prior years 1,493 1,503 1,465
Total payments 3,073 3,057 2,935
Ending liabilities for life unpaid losses and loss adjustment expenses, net 5,918 5,835 5,767
Reinsurance recoverables 213 231 261
Ending liabilities for life unpaid losses and loss adjustment expenses-gross $6,131 $ 6,066 $ 6,028
The favorable prior year claim development in 2009, 2008 and 2007 was principally due to continued disability and waiver claims
management.
The liability for future policy benefits and unpaid losses and loss adjustment expenses is as follows:
2009 2008
Group Life Term, Disability and Accident unpaid losses and loss adjustment expenses $ 6,131 $6,066
Group Life Other unpaid losses and loss adjustment expenses 232 253
Individual Life unpaid losses and loss adjustment expenses 123 123
Future Policy Benefits 11,494 10,305
Future Policy Benefits and Unpaid Losses and Loss Adjustment Expenses $ 17,980 $ 16,747