Company: HIG-PG
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000874766-25-000107
Chunk: 131

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-10-27
Form: 10-Q
Item: Item 1
Chunk 131
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6 - DerivativesThe Hartford Insurance Group, Inc.Notes To Condensed Consolidated Financial Statements (continued)

Gains (Losses) Reclassified from AOCI into IncomeThree months ended September 30,Nine Months Ended September 30,2025202420252024Net Investment IncomeInterest ExpenseNet Investment IncomeInterest ExpenseNet Investment IncomeInterest ExpenseNet Investment IncomeInterest ExpenseInterest rate swaps$(3)$3 $(9)$4 $(7)$9 $(24)$13 Foreign currency swaps3 — 3 — 8 — 9 — Total$— $3 $(6)$4 $1 $9 $(15)$13 Total amounts presented on the Condensed Consolidated Statement of Operations$759 $50 $659 $49 $2,079 $150 $1,854 $149 As of September 30, 2025, the before tax deferred net losses on derivative instruments recorded in AOCI that are expected to be reclassified to earnings during the next twelve months are $26. This expectation is based on the anticipated interest payments on hedged investments in fixed maturity securities and long-term debt that will occur over the next twelve months. At that time, the Company will recognize the deferred net gains (losses) as an adjustment to net investment income or interest expense, as applicable, over the term of the hedged instrument cash flows. During the three and nine months ended September 30, 2025 and 2024, the Company had no net reclassifications from AOCI to earnings resulting from the discontinuance of cash-flow hedges due to forecasted transactions that were no longer probable of occurring.Non-qualifying StrategiesFor non-qualifying strategies, including embedded derivatives that are required to be bifurcated from their host contracts and accounted for as derivatives, the gain or loss on the derivative is recognized currently in earnings within net realized gains (losses).Non-Qualifying Strategies Recognized within Net Realized Gains (Losses)Three Months Ended September 30,Nine Months Ended September 30,2025202420252024Interest rate contractsInterest rate swaps and futures$— $12 $(2)$9 Equity contractsEquity index options(5)11 (14)6 Total [1]$(5)$23 $(16)$15 [1]Excludes investments that contain an embedded credit derivative for which the Company has elected the fair value option