Hartford Insurance Group Inks Reinsurance Commutation And Release Agreement With National Indemnity Company To Commute And Terminate Aggregate Excess Of Loss Reinsurance Agreement; Commutation Agreement Resolves Confidential Arbitration Dispute Under Reinsurance Agreement; Hartford Fire Insurance Receives $1.12B Cash Payment
9/25/2026
Impact: 85
Financial Services
On September 25, 2026, Hartford Fire Insurance Company received a cash payment of $1.12 billion from National Indemnity Company as part of a Reinsurance Commutation and Release Agreement, which terminated their existing Aggregate Excess of Loss Reinsurance Agreement. This agreement resolves a confidential arbitration dispute related to the reinsurance agreement that had been in place since December 31, 2016. Following this payment, both parties were released from liabilities and obligations under the agreement.
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