Company: HIG-PG
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000874766-25-000107
Chunk: 64

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-10-27
Form: 10-Q
Item: Item 2
Chunk 64
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 (150)3,070 6.8 %3,002 — 7 (225)2,784 6.5 %Non-agency2,794 — 16 (115)2,695 6.0 %2,586 — 6 (168)2,424 5.7 %Sub-prime13 — — — 13 — %22 — — — 22 0.1 %U.S. Treasuries1,192 — 6 (125)1,073 2.4 %1,138 — — (144)994 2.3 %Total fixed maturities, AFS$46,051 $(14)$618 $(1,452)$45,203 100.0 %$44,538 $(16)$272 $(2,227)$42,567 100.0 %FVO securities$191 $308 

[1]Includes securities with pools of loans issued by the Small Business Administration which are backed by the full faith and credit of the U.S. government.

The fair value of fixed maturities, AFS increased as compared to December 31, 2024, primarily due to net additions of corporate bonds and high-quality ABS, partially offset by net reductions to tax-exempt municipal bonds. The increase was also due to higher valuations as a result of lower interest rates and tighter credit spreads.

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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

Fixed Maturities, AFS by Credit Quality September 30, 2025December 31, 2024 Amortized CostFair ValuePercent of Total Fair ValueAmortized CostFair ValuePercent of Total Fair ValueUnited States Government/Government agencies$5,606 $5,277 11.7 %$5,424 $4,937 11.6 %AAA7,563 7,482 16.6 %7,340 7,166 16.8 %AA7,463 7,313 16.2 %7,762 7,484 17.6 %A12,810 12,628 27.9 %11,422 10,933 25.7 %BBB