Company: HIG-PG
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0000874766-25-000040
Chunk: 24

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 24
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 on group disability and supplemental health products. Full year net income available to common stockholders and core earnings* were $3.1 billion ($10.35 per diluted share) and $3.1 billion ($10.30 per diluted share), respectively. Net income and core earnings return on equity ("ROE")*† were 19.9% and 16.7%, respectively.

Highlighted below are year-over-year comparisons of our net income available to common stockholders and core earnings performance and our three-year net income ROE and core earnings ROE results. Core earnings is the primary determinant of our annual incentive plan ("AIP") funding, as described on page 40 , and average annual core earnings ROE over a three-year performance period is the metric used for two-thirds of performance shares granted to Senior Executives, as described on page 42 (in each case, as adjusted for compensation purposes).

### YEAR-OVER-YEAR PERFORMANCE

### THREE-YEAR PERFORMANCE
2024 BUSINESS PERFORMANCE

The Hartford delivered an outstanding year of financial performance and strategic achievements across our complementary underwriting businesses, with significant contribution from our investment portfolio. In P&C, Business Insurance, our largest business segment, generated strong top-line growth at highly profitable margins, while Personal Insurance made significant progress toward restoring target profitability in auto. In our Employee Benefits business, which serves more than 20 million individuals throughout the United States, we achieved strong margins, demonstrating focused execution, a resilient economy, improved mortality trends, and continued strong disability results. Our 2024 financial results have showcased the effectiveness of our strategy and the value in our ongoing investments.

* Denotes a non-GAAP financial measure. For definitions and reconciliations to the most directly comparable GAAP measure, see Appendix A .

† Net income ROE represents net income available to common stockholders ROE.

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| COMPENSATION MATTERS |

| Key 2024 Accomplishments                                                                                                                                                                                   |     |                                                                                                                                                     |     |                                                                                                                                                                                                                                                      |
| Business Insurance                                                                                                                                                                                         |     | Personal Insurance                                                                                                                                  |     | Employee Benefits                                                                                                                                                                                                                                    |
| Achieved significant written premium growth of 9%, while maintaining highly profitable margins, with a combined ratio(1)of 89.9 and an underlying combined* ratio of 87.9, consistent with the prior year. |     | Achieved the first underwriting gain in two years, with the combined ratio and underlying combined ratio* improving to 99.1