The Hartford 2008 Annual Report Download - page 39

Property And Casualty Loss And Loss Adjustment Expense Liability Development — Gross
For the Years Ended December 31, [1]
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Net reserve, as initially estimated $ 12,476 $ 12,316 $ 12,860 $ 13,141 $ 16,218 $ 16,191 $ 16,863 $ 17,604 $ 18,231 $ 18,347
Reinsurance and other
recoverables, as initially
estimated 3,706 3,871 4,176 3,950 5,497 5,138 5,403 4,387 3,922 3,586
Gross reserve, as initially
estimated $ 16,182 $ 16,187 $ 17,036 $ 17,091 $ 21,715 $ 21,329 $ 22,266 $ 21,991 $ 22,153 $ 21,933
Net re-estimated reserve $ 17,841 $ 18,410 $ 18,892 $ 18,838 $ 18,554 $ 17,344 $ 17,318 $ 17,475 $ 18,005
Re-estimated and other reinsurance
recoverables 5,206 5,342 5,526 5,142 5,083 4,979 5,299 3,891 3,645
Gross re-estimated reserve $ 23,047 $ 23,752 $ 24,418 $ 23,980 $ 23,637 $ 22,323 $ 22,617 $ 21,366 $ 21,650
Gross deficiency (redundancy) $ 6,865 $ 7,565 $ 7,382 $ 6,889 $ 1,922 $ 994 $ 351 $ (625) $ (503)
[1] The above table excludes Hartford Insurance, Singapore as a result of its sale in September 2001, Hartford Seguros as
a result of its sale in February 2001, Zwolsche as a result of its sale in December 2000 and London & Edinburgh as a
result of its sale in November 1998.
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Source: HARTFORD FINANCIAL S, 10-K, February 12, 2009