Company: HIG-PG
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000874766-25-000107
Chunk: 204

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-10-27
Form: 10-Q
Item: Item 1
Chunk 204
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ford Funds - Results of Operations

Operating Summary

Three Months Ended September 30,Nine Months Ended September 30,20252024Change20252024ChangeFee income and other revenue$277 $263 5%$793 $766 4 %Net investment income4 5 (20%)14 14 — %Net realized gains5 7 (29%)14 15 (7)%Total revenues286 275 4%821 795 3 %Operating costs and other expenses214 208 3%626 614 2 % Income before income taxes72 67 7%195 181 8 %Income tax expense [1]15 13 15%41 38 8 %Net income$57 $54 6%$154 $143 8 %Daily average Hartford Funds AUM$148,269 $137,888 8%$142,789 $134,546 6 %ROA [2]15.4 15.7 (2%)14.4 14.2 1 %Adjustment to reconcile ROA to ROA, core earnings:Effect of net realized gains excluded from core earnings, before tax(1.3)(2.1)38%(1.3)(1.5)13 %Effect of income tax expense0.2 — NM0.3 0.3 — %ROA, core earnings [2]14.3 13.6 5%13.4 13.0 3 %[1]For discussion of income taxes, see Note 12 - Income Taxes of Notes to Condensed Consolidated Financial Statements. 

[2]Represents annualized earnings divided by a daily average of AUM, as measured in basis points.

Hartford Funds Segment AUM

Three Months Ended September 30,Nine Months Ended September 30,20252024Change20252024ChangeMutual Fund and ETF AUM - beginning of period$134,290 $123,686 9%$128,054 $119,316 7 %Sales - Mutual Fund7,098 5,669 25%21,249 16,959 25 %Redemptions - Mutual Fund(7,222)(6,350)(14%)(24,495)(21,130)(16)%Net flows - ETF99 256 (