Company: HIG-PG
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000874766-25-000107
Chunk: 23

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-10-27
Form: 10-Q
Item: Item 2
Chunk 23
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 (Losses)Three Months Ended September 30,Nine Months Ended September 30,(Before tax)2025202420252024Gross gains on sales of fixed maturities$17 $12 $49 $23 Gross losses on sales of fixed maturities(38)(62)(108)(148)Equity securities [1]27 27 52 76 Net credit losses on fixed maturities, AFS [2]— — 2 (2)Change in ACL on mortgage loans [3](6)— (6)3 Other, net [4](12)10 (60)4 Net realized losses$(12)$(13)$(71)$(44)

[1]The change in net unrealized gains on equity securities still held as of September 30, 2025, and included in net realized gains were $28 and $45 for the three and nine months ended September 30, 2025, respectively. The change in net unrealized gains on equity securities still held as of September 30, 2024, and included in net realized gains were $27 and $71 for the three and nine months ended September 30, 2024, respectively.

[2]See Credit Losses on Fixed Maturities, AFS and Intent-to-Sell Impairments within the Enterprise Risk Management — Investment Portfolio Risk section of this MD&A.

[3]See ACL on Mortgage Loans within the Enterprise Risk Management — Investment Portfolio Risk section of this MD&A.

[4]For the three and nine months ended September 30, 2025, includes gains (losses) from transactional foreign currency revaluation of $7 and $(11), respectively, and losses on non-qualifying derivatives of $(5) and $(16), respectively. For the three and nine months ended September 30, 2024, includes losses from transactional foreign currency revaluation of $(11) and $(5), respectively, and gains on non-qualifying derivatives of $23 and $15, respectively.

Three and nine months ended September 30, 2025Gross gains and losses on sales were primarily due to sales of corporate securities and tax-exempt municipals.Equity securities net gains were primarily driven by an increase in value due to higher equity market levels.Other, net losses for the three and nine month periods ended September 30, 2025, primarily included losses of $20 for both periods on a real