The Hartford 2015 Annual Report Download - page 76
Download and view the complete annual report
Please find page 76 of the 2015 The Hartford annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66 -
67 -
68 -
69 -
70 -
71 -
72 -
73 -
74 -
75 -
76 -
77 -
78 -
79 -
80 -
81 -
82 -
83 -
84 -
85 -
86 -
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
-
233
-
234
-
235
-
236
-
237
-
238
-
239
-
240
-
241
-
242
-
243
-
244
-
245
-
246
-
247
-
248
-
249
-
250
-
251
-
252
-
253
-
254
-
255
 |
 |
76
PERSONAL LINES
Results of Operations
Underwriting Summary 2015 2014 2013
Written premiums $ 3,918 $ 3,861 $ 3,719
Change in unearned premium reserve 45 55 59
Earned premiums 3,873 3,806 3,660
Losses and loss adjustment expenses
Current accident year before catastrophes 2,578 2,498 2,412
Current accident year catastrophes 211 232 207
Prior accident year development (21)(46) (39)
Total losses and loss adjustment expenses 2,768 2,684 2,580
Amortization of DAC 359 348 332
Underwriting expenses 628 604 634
Underwriting gain 118 170 114
Net servicing income [1] 4 3 34
Net investment income 128 129 145
Net realized capital gains (losses) 4 (5) 34
Other income [2] 15 2 2
Income before income taxes 269 299 329
Income tax expense 82 92 100
Net income $ 187 $ 207 $ 229
[1] Includes servicing revenues of $163 for year ended December 31, 2013.
[2] Includes a benefit of $17, before tax, for the year ended December 31, 2015, from the resolution of litigation.
Written Premiums 2015 2014 2013
Product Line
Automobile $ 2,721 $ 2,659 $ 2,562
Homeowners 1,197 1,202 1,157
Total $ 3,918 $ 3,861 $ 3,719
Earned Premiums
Product Line
Automobile $ 2,671 $ 2,613 $ 2,522
Homeowners 1,202 1,193 1,138
Total $ 3,873 $ 3,806 $ 3,660