Company: HIG-PG
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000874766-25-000023
Chunk: 267

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 7
Chunk 267
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 available to pay benefits for certain retired, terminated and active participants. Such assets are available to the Company’s general creditors in the event of insolvency. The rabbi trusts' assets consist of equity and fixed income investments. To the extent the fair value of these rabbi trusts were included in the table above, total pension plan assets would have been $3,641 and $3,771 as of December 31, 2024 and 2023, respectively, and the funded status of total pension plans would have been $253 and $168 as of December 31, 2024 and 2023, respectively.The tables below present an aggregate view of net periodic cost (benefit) and components of other comprehensive income and AOCI for pension plans that includes both the U.S. Pension Plan and Other Pension Plans. Net periodic cost (benefit) is recognized in insurance operating costs and other expenses in the Consolidated Statement of Operations.

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|Index to Consolidated Financial Statements and SchedulesTable of ContentsNote 18 - Employee Benefit PlansTHE HARTFORD INSURANCE GROUP, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)

Net Periodic Cost (Benefit) Pension BenefitsOther Postretirement BenefitsFor the years ended December 31, 202420232022202420232022Service cost$2 $3 $4 $— $— $— Interest cost176 180 111 7 7 4 Expected return on plan assets(230)(235)(202)(1)(1)(2)Amortization of prior service credit— — — (7)(7)(7)Amortization of actuarial loss34 29 62 5 5 7 Net periodic cost (benefit)$(18)$(23)$(25)$4 $4 $2 Amounts Recognized in Other Comprehensive Income (Loss) Pension BenefitsOther Postretirement BenefitsFor the years ended December 31, 202420232022202420232022Amortization of actuarial loss$34 $29 $62 $5 $5 $7 Amortization of prior service credit— — — (7)(7)(7)Net actuarial gain (loss)(41)(142)89 7 (6)30 Prior service cost (credit)— — — — — — Total$(7)