Company: HIG-PG
Filing Date: 2025-04-24
Form Type: 10-Q
Source: 0000874766-25-000052
Chunk: 57

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-04-24
Form: 10-Q
Item: Item 2
Chunk 57
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 as results from private equity investments and other funds are generally reported on a three-month delay.

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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

Limited Partnerships and Other Alternative Investments - Net Investment IncomeThree Months Ended March 31, 20252024 AmountYield [1]AmountYield [1]Real estate joint ventures and funds$(8)(1.7 %)$(32)(6.4 %)Private equity funds40 8.1 %20 4.3 %Other funds7 4.1 %16 12.9 %Other alternative investments [2]— — %12 8.9 %Total$39 3.1 %$16 1.3 %

 [1]Yields calculated using annualized net investment income divided by the monthly average invested assets.

[2]Consists of an insurer-owned life insurance policy which is primarily invested in private equity funds and fixed income.

Investments in Limited Partnerships and Other Alternative Investments March 31, 2025December 31, 2024 AmountPercentAmountPercentReal estate joint ventures and funds$1,891 36.7 %$1,907 37.8 %Private equity funds2,036 39.5 %1,956 38.8 %Other funds667 13.0 %623 12.4 %Other alternative investments [1]555 10.8 %556 11.0 %Total$5,149 100.0 %$5,042 100.0 %

 [1]Consists of an insurer-owned life insurance policy which is primarily invested in private equity funds and fixed income.

Fixed Maturities, AFS — Unrealized Loss AgingThe total gross unrealized losses were $1.9 billion as of March 31, 2025 and have decreased $304 since December 31, 2024, primarily due to lower interest rates, partially offset by wider credit spreads. As of March 31, 2025, $1.5 billion of the gross unrealized losses were associated with fixed maturities, AFS depressed less than 20% of amortized cost. The remaining $0.4 billion of gross unrealized losses were associated with fixed maturities, AFS depressed greater than 20%. The fixed maturities