Company: HIG-PG
Filing Date: 2025-04-24
Form Type: 10-Q
Source: 0000874766-25-000052
Chunk: 188

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-04-24
Form: 10-Q
Item: Item 1
Chunk 188
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1.7 %)$(32)(6.4 %)Private equity funds40 8.1 %20 4.3 %Other funds7 4.1 %16 12.9 %Other alternative investments [2]— — %12 8.9 %Total$39 3.1 %$16 1.3 %

 [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 March 31, 2025December 31, 2024 AmountPercentAmountPercentReal estate joint ventures and funds$1,891 36.7 %$1,907 37.8 %Private equity funds2,036 39.5 %1,956 38.8 %Other funds667 13.0 %623 12.4 %Other alternative investments [1]555 10.8 %556 11.0 %Total$5,149 100.0 %$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 $1.9 billion as of March 31, 2025 and have decreased $304 since December 31, 2024, primarily due to lower interest rates, partially offset by wider credit spreads. As of March 31, 2025, $1.5 billion of the gross unrealized losses were associated with fixed maturities, AFS depressed less than 20% of amortized cost. The remaining $0.4 billion of gross unrealized losses were associated with fixed maturities, AFS depressed greater than 20%. The fixed maturities, AFS depressed more than 20% primarily related to corporate fixed maturities, municipal bonds, and U.S. Treasuries, that are mainly depressed because current interest rates are higher than at the respective purchase dates.As part of the Company’s ongoing investment monitoring process, the Company has reviewed its fixed maturities, AFS in an unrealized loss position and concluded that these fixed maturities are temporarily depressed and are expected to recover in