Company: HIG-PG
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000874766-25-000107
Chunk: 171

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-10-27
Form: 10-Q
Item: Item 1
Chunk 171
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E ratio in Personal Insurance-Higher expense ratio in P&C and Employee Benefits-Higher underlying loss and LAE ratio in Business Insurance

Investment Yield, After TaxProperty & Casualty Combined RatioEmployee Benefits Net Income Margin 

ÝIncreased 40 bpsÞImproved 5.7 pointsÞDecreased 0.7 points+Higher yield on limited partnerships and other alternative investments+Lower CAY catastrophe losses-Higher expense ratio, including higher staffing and technology costs+Reinvesting at higher interest rates+More favorable prior accident year reserve development-Higher group disability loss ratio-Lower yield on variable-rate securities+Lower underlying loss and LAE ratio in Personal Insurance+Lower group life loss ratio-Higher underlying loss and LAE ratio in Business Insurance+Higher net investment income

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Table of ContentsIndex to MD&A Part I - Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations

Consolidated Results of OperationsThe Consolidated Results of Operations should be read in conjunction with the Company's Condensed Consolidated Financial Statements and the related Notes as well as with the Reportable Segment and Corporate Operating Summaries within the MD&A.

Consolidated Results of Operations

Three Months Ended September 30,Nine Months Ended September 30,20252024Change20252024ChangeEarned premiums$6,093 $5,734 6%$17,889 $16,758 7%Fee income361 347 4%1,049 1,019 3%Net investment income759 659 15%2,079 1,854 12%Net realized losses(12)(13)8%(71)(44)(61%)Other revenues31 24 29%83 69 20 %Total revenues7,232 6,751 7%21,029 19,656 7%Benefits, losses and loss adjustment expenses3,793 3,823 (1%)11,505 11,095 4%Amortization of deferred policy acquisition costs639 585 9%1,871 1,691 11%Insurance operating costs and other expenses1,414 1,323 7%4,103 3,891 5%Interest expense50 49 2%150 149 1%Amortization of other intangible assets18 18 —%53 53 —%Restructuring and other costs— 1 (100