Form 8-K · Current report
The Hartford 8-K, filed Sep 25, 2026
- Filed
- CIK
- 0000874766
- Accession no.
- 0000874766-26-000064
Summary
Hartford Fire Insurance Company and affiliates commuted and terminated their Aggregate Excess of Loss Reinsurance Agreement with National Indemnity Company, a Berkshire Hathaway subsidiary, receiving a $1.12 billion cash payment on September 25, 2026, and resolving a confidential arbitration between the parties. The Hartford expects the transaction to produce a before-tax net gain of $497 million and a $393 million increase in net income for the three and nine months ended September 30, 2026, with no impact on core earnings.
Key points
- Hartford Fire Insurance Company and affiliates entered a Reinsurance Commutation and Release Agreement with National Indemnity Company on September 23, 2026, commuting an Aggregate Excess of Loss Reinsurance Agreement that had provided asbestos and environmental adverse development cover since December 31, 2016.
- The agreement also resolves a confidential arbitration over the parties' dispute under the reinsurance agreement.
- Hartford Fire received a $1.12 billion cash payment on September 25, 2026, after which the reinsurance agreement was terminated and both sides were released from related liabilities and obligations.
- The Hartford expects a before-tax net gain of $497 million and a $393 million increase in net income for the three and nine months ended September 30, 2026, with no impact on core earnings.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 1.02Termination of a Material Definitive Agreement
- 7.01Regulation FD Disclosure
- 9.01Financial Statements and Exhibits
From the filing
Item 1.02 Termination of a Material Definitive Agreement. On September 23, 2026, Hartford Fire Insurance Company and certain of its affiliates (collectively, the “Hartford Insurers”), each a wholly owned insurance company subsidiary of The Hartford Insurance Group, Inc. (the “Company”), entered into a Reinsurance Commutation and Release Agreement (the “Commutation Agreement”) with National Indemnity Company (“NICO”), a subsidiary of Berkshire Hathaway Inc. …
An excerpt of the text as filed with the SEC, cut for length.
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