Company: HIG-PG
Filing Date: 2025-04-24
Form Type: 10-Q
Source: 0000874766-25-000052
Chunk: 144

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-04-24
Form: 10-Q
Item: Item 1
Chunk 144
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�Decreased $0.32 or 13%ÝIncreased $1.98 or 4%-Higher catastrophe losses in P&C-Decrease in net income available to common stockholders+Net income in excess of common stockholder dividends-A change to net realized losses from net realized gains+Reduction in outstanding shares due to share repurchases+An increase in AOCI, primarily driven by a decrease in net unrealized losses on AFS securities-Higher long-term disability and supplemental health loss ratios-Dilutive effect of share repurchases+The effect of higher earned premiums in P&C and Employee Benefits+Lower underlying loss and LAE ratio in Personal Insurance+Greater favorable P&C prior accident year reserve development +Higher Net Investment Income+Lower group life loss ratio+Lower paid family and medical leave products loss ratio

Investment Yield, After TaxProperty & Casualty Combined RatioEmployee Benefits Net Income Margin 

ÝIncreased 10 bpsÝDeteriorated 4.1 pointsÝIncreased 1.2 points+A higher yield on fixed maturity securities due to reinvesting at higher rates, partially offset by a lower yield on variable-rate securities.+Higher catastrophe losses in P&C+Lower group life loss ratio+A slightly higher P&C expense ratio primarily due to higher Personal Insurance marketing expense+Lower paid family and medical leave products loss ratio+Higher returns on limited partnerships and other alternative investments-Lower underlying loss and LAE ratio in Personal Insurance-Higher long-term disability and supplemental health loss ratios-Greater favorable P&C prior accident year reserve development-A change to net realized losses from net realized gains

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Table of ContentsIndex to MD&A Part I - Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations

Consolidated Results of OperationsThe Consolidated Results of Operations should be read in conjunction with the Company's Condensed Consolidated Financial Statements and the related Notes as well as with the Reportable Segment and Corporate Operating Summaries within the MD&A.

Consolidated Results of Operations

Three Months Ended March 31,20252024ChangeEarned premiums$5,835 $5,446 7 %Fee income346 333 4 %Net investment income656 593 11 %Net realized gains (losses)(49)28 NMOther revenues22 19 16 %Total revenues6,810 6,419 6 %Benefits, losses and loss adjustment expenses4,000 3,611 11 %Am