Company: HIG-PG
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000874766-25-000023
Chunk: 1494

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 2
Chunk 1494
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 of both December 31, 2024 and 2023 was as follows:Carrying ValueBusiness Insurance$659 Personal Insurance119 Hartford Funds180 Employee Benefits723 Corporate [1]230 Total$1,911 [1]The Corporate category includes goodwill that was acquired at a holding company level and not pushed down to a subsidiary within a reportable segment. Carrying value of goodwill within Corporate as of December 31, 2024 and 2023 includes $138 and $92 for the Employee Benefits and Hartford Funds reporting units, respectively.The annual goodwill assessment for The Hartford's reporting units was completed as of October 31, 2024 and 2023; all reporting units passed their annual impairment test with a significant margin and as a result there were no write-downs of goodwill.Other Intangible AssetsAs of December 31, 2024As of December 31, 2023Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying AmountAmortized Intangible Assets:Customer relationships$636 $(313)$323 $636 $(269)$367 Marketing agreement with Aetna16 (7)9 16 (7)9 Distribution Agreement79 (75)4 79 (72)7 Distribution and Agency relationships & Other340 (134)206 340 (111)229 Total Finite Life Intangibles1,071 (529)542 1,071 (459)612 Total Indefinite Life Intangible Assets95 95 95 95 Total Other Intangible Assets$1,166 $(529)$637 $1,166 $(459)$707 Expected Before Tax Amortization Expense for Acquired Intangibles as of December 31, 2024Other Intangible Assets2025$71 2026$70 2027$68 2028$64 2029$62 

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|Index to Consolidated Financial Statements and SchedulesTable of ContentsNote 10 - Reserve for Unpaid Losses and Loss Adjustment ExpensesTHE HARTFORD INSURANCE GROUP, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)

10. RESERVE FOR UNPAID LOSSES AND LOSS ADJUSTMENT EXPENSES 

|PROPERTY & CASUALTY INSURANCE PRODUCT RESERVES, NET OF REINSURANCERoll