Company: HIG-PG
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000874766-25-000107
Chunk: 227

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-10-27
Form: 10-Q
Item: Item 1
Chunk 227
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 of September 30, 2025, $1.1 billion of the gross unrealized losses were associated with fixed maturities, AFS depressed less than 20% of amortized cost. The remaining $0.3 billion of gross unrealized losses were associated with fixed maturities, AFS depressed greater than 20%. The fixed maturities, AFS depressed more than 20% primarily related to corporate fixed maturities, municipal bonds, and U.S. Treasuries, that are mainly depressed because current interest rates are higher than at the respective purchase dates.As part of the Company’s ongoing investment monitoring process, the Company has reviewed its fixed maturities, AFS in an unrealized loss position and concluded that these fixed maturities are temporarily depressed and are expected to recover in value as the investments approach maturity or as market spreads tighten. For these fixed maturities in an unrealized loss position where an ACL has not been recorded, the Company’s best estimate of expected future cash flows are sufficient to recover the amortized cost basis of the investment. Furthermore, the Company neither has an intention to sell nor does it expect to be required to sell these investments. For further information regarding the Company’s ACL analysis, see the Credit Losses on Fixed Maturities, AFS and Intent-to-Sell Impairments section below.

Unrealized Loss Aging for Fixed Maturities, AFS Securities September 30, 2025December 31, 2024Consecutive MonthsItemsAmortized CostACLUnrealized LossFair ValueItemsAmortized CostACLUnrealized LossFair ValueThree months or less154 $961 $— $(5)$956 1,044 $9,577 $— $(186)$9,391 Greater than three to six months25 369 — (5)364 71 678 — (24)654 Greater than six to nine months87 689 — (12)677 13 33 — (1)32 Greater than nine to eleven months173 1,692 — (30)1,662 44 363 — (32)331 Twelve months or more2,341 16,136 (14)(1,400)14,722 2,761 18,938 (13)(1,984)16,941 Total2,780 $19,847 $(14)