Company: HIG-PG
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0000874766-25-000084
Chunk: 282

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-07-28
Form: 10-Q
Item: Item 8
Chunk 282
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 is limited to the net derivative receivable associated with each counterparty.[4] Excludes collateral associated with exchange-traded derivative instruments.Cash Flow HedgesFor derivative instruments that are designated and qualify as cash flow hedges, the gain or loss on the derivative is reported as a component of OCI and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings. All components of each derivative’s gain or loss were included in the assessment of hedge effectiveness.Gains (Losses) Recognized in OCI Three Months Ended June 30,Six Months Ended June 30,2025202420252024Interest rate swaps$3 $(4)$13 $(21)Foreign currency swaps(43)15 (49)32 Total$(40)$11 $(36)$11 Gains (Losses) Reclassified from AOCI into IncomeThree months ended June 30,Six Months Ended June 30,2025202420252024Net Investment IncomeInterest ExpenseNet Investment IncomeInterest ExpenseNet Investment IncomeInterest ExpenseNet Investment IncomeInterest ExpenseInterest rate swaps$(2)$3 $(8)$5 $(4)$6 $(15)$9 Foreign currency swaps2 — 3 — 5 — 6 — Total$— $3 $(5)$5 $1 $6 $(9)$9 Total amounts presented on the Condensed Consolidated Statement of Operations$664 $50 $602 $50 $1,320 $100 $1,195 $100 

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Table of ContentsNote 6 - DerivativesThe Hartford Insurance Group, Inc.Notes To Condensed Consolidated Financial Statements (continued)

As of June 30, 2025, the before tax deferred net losses on derivative instruments recorded in AOCI that are expected to be reclassified to earnings during the next twelve months are $21. This expectation is based on the anticipated interest payments on hedged investments in fixed maturity securities and long-term debt that will occur over the next twelve months. At that time, the Company will recognize the deferred net gains (losses) as an adjustment to net investment income or interest expense, as applicable, over the term of the hedged instrument cash flows. During the three and six months ended June 30, 2025 and 2024, the Company had no net reclassifications from AOCI to earnings resulting from the discontinuance of cash-flow hedges due