Company: HIG-PG
Filing Date: 2025-04-24
Form Type: 10-Q
Source: 0000874766-25-000052
Chunk: 59

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-04-24
Form: 10-Q
Item: Item 2
Chunk 59
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, AFS Continuously Depressed Over 20% March 31, 2025December 31, 2024Consecutive MonthsItemsAmortized CostACLUnrealized LossFair ValueItemsAmortized CostACL Unrealized LossFair ValueThree months or less42 $268 $— $(57)$211 132 $1,003 $(3)$(224)$776 Greater than three to six months55 372 — (85)287 3 3 — (1)2 Greater than six to nine months— — — — — 4 24 (1)(6)17 Greater than nine to eleven months3 19 (1)(5)13 4 44 — (12)32 Twelve months or more92 833 (1)(258)574 93 811 (1)(259)551 Total192 $1,492 $(2)$(405)$1,085 236 $1,885 $(5)$(502)$1,378 

Credit Losses on Fixed Maturities, AFS and Intent-to-Sell ImpairmentsThree months ended March 31, 2025The Company recorded a net credit loss reversal of $2, primarily attributable to a decrease in the ACL of $3 on one below investment grade corporate issuer, partially offset by a credit loss of $1 related to a CMBS. There were no unrealized losses on securities with an ACL recognized in other comprehensive income ("OCI"). For further information, refer to Note 5 - Investments of Notes to Condensed Consolidated Financial Statements.There were no intent-to-sell impairments.The Company incorporates its best estimate of future performance using internal assumptions and judgments that are informed by economic and industry specific trends, as well as our expectations with respect to security specific developments.Future intent-to-sell impairments or credit losses may develop as the result of changes in our intent to sell specific securities that are in an unrealized loss position or if modeling assumptions, such as macroeconomic factors or security specific developments, change unfavorably from our current modeling assumptions, resulting in lower cash flow expectations.Three months ended March 31, 2024The Company recorded net credit losses of $1 primarily attributable to one below investment grade corporate issuer. There were no unrealized losses on securities with an ACL recognized in OCI.There were no intent-to-sell impairments.ACL on Mortgage LoansThree months