Company: HIG-PG
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000874766-25-000023
Chunk: 1766

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 3
Chunk 1766
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Municipal5,574 — 77 (347)5,304 6,207 — 131 (299)6,039 RMBS5,610 — 13 (393)5,230 4,675 — 18 (406)4,287 U.S. Treasuries1,138 — — (144)994 1,653 — 26 (150)1,529 Total fixed maturities, AFS$44,538 $(16)$272 $(2,227)$42,567 $41,726 $(21)$418 $(2,305)$39,818 Fixed Maturities, AFS, by Contractual Maturity Year December 31, 2024December 31, 2023Amortized CostFair ValueAmortized CostFair ValueOne year or less$1,308 $1,298 $1,526 $1,501 Over one year through five years9,564 9,414 9,670 9,433 Over five years through ten years7,687 7,334 6,568 6,211 Over ten years10,208 9,368 9,370 8,851 Subtotal28,767 27,414 27,134 25,996 Mortgage-backed and asset-backed securities15,771 15,153 14,592 13,822 Total fixed maturities, AFS$44,538 $42,567 $41,726 $39,818 Estimated maturities may differ from contractual maturities due to call or prepayment provisions. Due to the potential for variability in payment speeds (i.e., prepayments or extensions), mortgage-backed and asset-backed securities are not categorized by contractual maturity.Concentration of Credit RiskThe Company aims to maintain a diversified investment portfolio including issuer, sector and geographic stratification, where applicable, and has established certain exposure limits, diversification standards and review procedures to mitigate credit risk. The Company had no investment exposure to any credit concentration risk of a single issuer greater than 10% of the Company's stockholders' equity as of December 31, 2024, or December 31, 2023, other than U.S. government securities and certain U.S. government agencies.As of December 31, 2024, other than U.S.