Company: HIG-PG
Filing Date: 2025-04-24
Form Type: 10-Q
Source: 0000874766-25-000052
Chunk: 107

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-04-24
Form: 10-Q
Item: Item 1
Chunk 107
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 to offset within assets or liabilities based upon the net of the fair value amounts, income accruals, and related cash collateral receivables and payables of OTC derivative instruments executed in a legal entity and with the same counterparty under a master netting agreement, which provides the Company with the legal right of offset. The following fair value amounts do not include income accruals or related cash collateral receivables and payables, which are netted with derivative fair value amounts to determine balance sheet presentation. The Company’s derivative instruments are held for risk management purposes, unless otherwise noted in the following table. The notional amount of derivative contracts represents the basis upon which payments or receipts are calculated and is presented in the table to quantify the volume of the Company’s derivative activity. Notional amounts are not necessarily reflective of credit risk. 

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

Derivative Balance Sheet PresentationNet DerivativesAsset Derivatives Liability Derivatives Notional AmountFair ValueFair ValueFair ValueHedge Designation/ Derivative TypeMar 31, 2025Dec. 31, 2024Mar 31, 2025Dec. 31, 2024Mar 31, 2025Dec. 31, 2024Mar 31, 2025Dec. 31, 2024Cash flow hedgesInterest rate swaps$4,225 $4,225 $— $— $— $— $— $— Foreign currency swaps606 646 33 41 44 52 (11)(11)Total cash flow hedges4,831 4,871 33 41 44 52 (11)(11)Non-qualifying strategiesInterest rate contractsInterest rate swaps and futures333 344 (2)— — 1 (2)(1)Foreign exchange contractsForeign currency swaps607 647 — — — — — — Credit contractsCredit derivatives in offsetting positions986 986 — — 23 31 (23)(31)Equity contractsEquity index options— 233 — 4 — 4 — — Total non-qualifying strategies1,926 2,210 (2)4 23 36 (25)(32)Total cash flow hedges and non-qualifying