Company: HIG-PG
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000874766-25-000107
Chunk: 226

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-10-27
Form: 10-Q
Item: Item 1
Chunk 226
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 on a lag as results from private equity investments and other funds are generally reported on a three-month delay.

100

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

Limited Partnerships and Other Alternative Investments - Net Investment IncomeThree Months Ended September 30,Nine Months Ended September 30, 2025202420252024 AmountYield [1]AmountYield [1]AmountYield [1]AmountYield [1]Real estate joint ventures and funds$(11)(2.2%)$(13)(2.5%)$(33)(2.3%)$(79)(5.3%)Private equity funds56 10.2%29 6.1%95 6.2%71 5.1%Other funds33 18.3%12 8.6%59 11.8%40 10.5%Other alternative investments [2]13 8.8%9 6.6%22 5.2%37 9.7%Total$91 6.7 %$37 3.0 %$143 3.7 %$69 1.9 %

 [1]Yields calculated using annualized net investment income divided by the monthly average invested assets.

[2]Consists of an insurer-owned life insurance policy, which is primarily invested in private equity funds and fixed income.

Investments in Limited Partnerships and Other Alternative Investments September 30, 2025December 31, 2024 AmountPercentAmountPercentReal estate joint ventures and funds$1,915 34.4%$1,907 37.8%Private equity funds2,302 41.4%1,956 38.8%Other funds770 13.9%623 12.4%Other alternative investments [1]573 10.3%556 11.0%Total$5,560 100.0%$5,042 100.0%

 [1]Consists of an insurer-owned life insurance policy which is primarily invested in private equity funds and fixed income.

Fixed Maturities, AFS — Unrealized Loss AgingThe total gross unrealized losses were $1.5 billion as of September 30, 2025, and have decreased $775 since December 31, 2024, primarily due to lower interest rates and tighter credit spreads. As