Company: HIG-PG
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0000874766-25-000084
Chunk: 14

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-07-28
Form: 10-Q
Item: Item 2
Chunk 14
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 short-term and long-term disability loss ratios+Lower catastrophe losses in P&C+Higher net investment income-Higher underlying loss and LAE ratio in Business Insurance+Lower group life loss ratio

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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

Consolidated Results of OperationsThe Consolidated Results of Operations should be read in conjunction with the Company's Condensed Consolidated Financial Statements and the related Notes as well as with the Reportable Segment and Corporate Operating Summaries within the MD&A.

Consolidated Results of Operations

Three Months Ended June 30,Six Months Ended June 30,20252024Change20252024ChangeEarned premiums$5,961 $5,578 7 %$11,796 $11,024 7 %Fee income342 339 1 %688 672 2 %Net investment income664 602 10 %1,320 1,195 10 %Net realized losses(10)(59)83 %(59)(31)(90 %)Other revenues30 26 15 %52 45 16 %Total revenues6,987 6,486 8 %13,797 12,905 7 %Benefits, losses and loss adjustment expenses3,712 3,661 1 %7,712 7,272 6 %Amortization of deferred policy acquisition costs625 561 11 %1,232 1,106 11 %Insurance operating costs and other expenses1,337 1,285 4 %2,689 2,568 5 %Interest expense50 50 — %100 100 — %Amortization of other intangible assets17 17 — %35 35 — %Restructuring and other costs— — — %— 1 (100)%Total benefits, losses and expenses5,741 5,574 3 %11,768 11,082 6 %Income before income taxes1,246 912 37 %2,029 1,823 11 %Income tax expense251 174 44 %404 332 22 %Net income995 738 35 %1,625 1,491 9 %Preferred stock dividends5 5 — %10