Company: HIG-PG
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0000874766-25-000084
Chunk: 351

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-07-28
Form: 10-Q
Item: Item 8
Chunk 351
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Change20252024ChangeFully insured – ongoing premiums$1,602 $1,607 — %$3,214 $3,192 1 %Buyout premiums4 1 NM4 1 NMFee income57 57 — %113 111 2 %Total premiums and other considerations$1,663 $1,665 — %$3,331 $3,304 1 %Fully insured ongoing sales$107 $101 6 %$488 $545 (10)%

Ratios, Excluding BuyoutsThree Months Ended June 30,Six Months Ended June 30,20252024Change20252024ChangeGroup disability loss ratio68.5 %67.1 %1.468.8 %68.6 %0.2Group life loss ratio74.3 %74.9 %(0.6)77.1 %78.7 %(1.6)Total loss ratio69.1 %68.9 %0.270.5 %71.1 %(0.6)Expense ratio25.7 %24.4 %1.325.5 %24.9 %0.6

MarginThree Months Ended June 30,Six Months Ended June 30,20252024Change20252024ChangeNet income margin8.5 %9.7 %(1.2)8.0 %7.9 %0.1 Adjustments to reconcile net income margin to core earnings margin:Net realized losses, before tax0.8 %0.4 %0.4 0.5 %0.3 %0.2 Income tax benefit(0.1 %)(0.1 %)— (0.1 %)(0.1 %)— Core earnings margin9.2 %10.0 %(0.8)8.4 %8.1 %0.3 

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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

Net Income  Three and six months ended June 30, 2025 compared to the three and six months ended June 30, 2024 Net income decreased for the three months ended June 30, 2025 primarily due to an increase in the