Hartford Insurance Group enters reinsurance commutation agreement with National Indemnity on Sept 23, 2026
HIG•Hartford Insurance Group entered a reinsurance commutation agreement with National Indemnity on Sept. 23 and received a $1.12 billion cash payment on Sept. 25. It expects a $497 million pretax gain and a $393 million increase in net income for the period ended Sept. 30, 2026.
1. Agreement terms
Hartford Insurance Group said its insurers and National Indemnity commuted and terminated an aggregate excess of loss reinsurance agreement, resolving a confidential arbitration dispute and releasing both parties from liabilities under the agreement. The company received $1.12 billion in cash and expects a $497 million pretax gain and a $393 million increase in net income for the period ended Sept. 30, 2026.
