Company: HIG-PG
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000874766-25-000107
Chunk: 294

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-10-27
Form: 10-Q
Item: Item 8
Chunk 294
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 business is estimated as the amount of the receivable exposed to loss multiplied by estimated factors for probability of default and the amount of loss given a default. The probability of default is assigned based on each policyholder's credit rating, or a rating is estimated if no external rating is available. Credit ratings are reviewed and updated at least annually. The exposure amount is estimated net of collateral and other credit enhancement, considering the nature of the collateral, potential future changes in collateral values, and historical loss information for the type of collateral obtained. The probability of default factors are historical corporate defaults for receivables with similar durations estimated through multiple economic cycles. Credit ratings are forward-looking and consider a variety of economic outcomes. The loss given default factors are based on a study of historical recovery rates for general creditors through multiple economic cycles. The Company's evaluation of the required ACL for receivables for loss sensitive business considers the current economic environment as well as the probability-weighted macroeconomic scenarios similar to the approach used for estimating the ACL for mortgage loans. See Note 5 - Investments Rollforward of ACL on Premiums Receivable and Agents' Balances for the Three Months EndedSeptember 30, 2025September 30, 2024Receivables Excluding Receivables for Loss Sensitive BusinessReceivables for Loss Sensitive BusinessTotalReceivables Excluding Receivables for Loss Sensitive BusinessReceivables for Loss Sensitive BusinessTotalBeginning ACL$113 $22 $135 $95 $21 $116 Current period provision23 1 24 16 1 17 Current period write-offs(22)— (22)(17)(1)(18)Current period recoveries1 — 1 2 — 2 Ending ACL$115 $23 $138 $96 $21 $117 

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Table of ContentsNote 7 - Premiums Receivable and Agents' BalancesThe Hartford Insurance Group, Inc.Notes To Condensed Consolidated Financial Statements (continued)

Rollforward of ACL on Premiums Receivable and Agents' Balances for the Nine Months EndedSeptember 30, 2025September 30, 2024Receivables Excluding Receivables for Loss Sensitive BusinessReceivables for Loss Sensitive BusinessTotalReceivables Excluding Receivables for Loss Sensitive BusinessReceivables for Loss Sensitive BusinessTotalBeginning ACL$97 $20 $117 $89