Company: HIG-PG
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0000874766-25-000084
Chunk: 64

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-07-28
Form: 10-Q
Item: Item 2
Chunk 64
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 government.

The fair value of fixed maturities, AFS increased as compared to December 31, 2024, primarily due to net additions of corporate bonds and high-quality ABS, partially offset by net reductions to tax-exempt municipal bonds. The increase was also due to higher valuations as a result of lower interest rates.

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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

Fixed Maturities, AFS by Credit Quality June 30, 2025December 31, 2024 Amortized CostFair ValuePercent of Total Fair ValueAmortized CostFair ValuePercent of Total Fair ValueUnited States Government/Government agencies$5,520 $5,130 11.5 %$5,424 $4,937 11.6 %AAA7,455 7,333 16.4 %7,340 7,166 16.8 %AA7,683 7,439 16.7 %7,762 7,484 17.6 %A12,554 12,239 27.5 %11,422 10,933 25.7 %BBB10,319 10,070 22.6 %10,227 9,722 22.8 %BB & below2,349 2,347 5.3 %2,363 2,325 5.5 %Total fixed maturities, AFS [1]$45,880 $44,558 100.0 %$44,538 $42,567 100.0 %

[1]Excludes FVO securities. For further discussion on FVO securities, see Note 4 - Fair Value Measurements of Notes to Condensed Consolidated Financial Statements.

Commercial & Residential Real Estate

Exposure to CMBS & RMBS Bonds by Credit Quality as of June 30, 2025 AAAAAABBBBB and BelowTotalAmortized CostFair ValueAmortized CostFair ValueAmortized CostFair ValueAmortized CostFair ValueAmortized CostFair ValueAmortized CostFair ValueCMBS   Agency [1]$12 $11 $1,237 $1,143 $— $— $— $— $— $— $1,249 $1,