Company: HIG-PG
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000874766-25-000023
Chunk: 101

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 7
Chunk 101
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BSAgency3,002 — 7 (225)2,784 6.5 %2,342 — 14 (171)2,185 5.5 %Non-agency2,586 — 6 (168)2,424 5.7 %2,293 — 4 (235)2,062 5.2 %Sub-prime22 — — — 22 0.1 %40 — — — 40 0.1 %U.S. Treasuries1,138 — — (144)994 2.3 %1,653 — 26 (150)1,529 3.8 %Total fixed maturities, AFS$44,538 $(16)$272 $(2,227)$42,567 100.0 %$41,726 $(21)$418 $(2,305)$39,818 100.0 %FVO securities$308 $327 

[1]Includes securities with pools of loans issued by the Small Business Administration which are backed by the full faith and credit of the U.S. government.

The fair value of fixed maturities, AFS increased as compared to December 31, 2023,  primarily due to net additions of corporate bonds, high-quality RMBS and ABS, partially offset by net reductions to tax-exempt municipal bonds, U.S. Treasuries, and CMBS.Commercial & Residential Real EstateThe following tables present the Company’s exposure to CMBS and RMBS by credit quality included in the preceding Fixed Maturities, AFS by Type table.

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|Table of ContentsIndex to MD&APart II - Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations

Exposure to CMBS and RMBS as of December 31, 2024

AAAAAABBBBB and BelowTotalAmortized CostFair ValueAmortized CostFair ValueAmortized CostFair ValueAmortized CostFair ValueAmortized CostFair ValueAmortized CostFair ValueCMBS   Agency [1]$14 $14 $1,270 $1,145 $— $— $— $— $— $— $1,284 $1,159    Bonds609 578 407 376