Company: HIG-PG
Filing Date: 2025-04-24
Form Type: 10-Q
Source: 0000874766-25-000052
Chunk: 223

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-04-24
Form: 10-Q
Item: Item 8
Chunk 223
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Significant Unobservable Inputs for Level 3 - SecuritiesAssets accounted for at fair value on a recurring basisFairValuePredominantValuationTechniqueSignificant Unobservable InputMinimumMaximumWeighted Average [1]Impact ofIncrease inInput on Fair Value [2]As of March 31, 2025ABS [3]$48 Discounted cash flowsSpread481 bps808 bps503 bpsDecreaseCLOs [3]$98 Discounted cash flowsSpread458 bps1,023 bps788 bpsDecreaseCMBS [3]$149 Discounted cash flowsSpread (encompasses prepayment, default risk and loss severity)200 bps1,874 bps567 bpsDecreaseCorporate [4]$2,287 Discounted cash flowsSpread10 bps700 bps281 bpsDecreaseRMBS$39 Discounted cash flowsSpread [6]63 bps568 bps178 bpsDecreaseConstant prepayment rate [6]2%5%3%Decrease [5]Constant default rate [6]1%5%2%DecreaseLoss severity [6]33%50%42%DecreaseShort-term investments$59 Discounted cash flowsSpread278 bps278 bps278 bpsDecreaseAs of December 31, 2024CMBS [3]$166 Discounted cash flowsSpread (encompasses prepayment, default risk and loss severity)200 bps1,221 bps418 bpsDecreaseCorporate [4]$2,166 Discounted cash flowsSpread81 bps794 bps286 bpsDecreaseRMBS [3]$19 Discounted cash flowsSpread [6]100 bps372 bps181 bpsDecreaseConstant prepayment rate [6]1%6%4%Decrease [5]Constant default rate [6]1%4%2%DecreaseLoss severity [6]30%50%41%DecreaseShort-term investments$98 Discounted cash flowsSpread266 bps266 bps266 bpsDecrease[1]The weighted average is determined based on the fair value of the securities.[2]Conversely, the impact of a decrease in input would have the opposite impact to the fair value as that presented in the table.[3]Excludes securities for which the Company bases fair value on broker quotations.[4]Excludes securities for which the Company bases fair value on broker quotations; however