Company: HIG-PG
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000874766-25-000023
Chunk: 683

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 9B
Chunk 683
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368 6.0 %Middle Atlantic259 4.0 %238 3.9 %Mountain764 11.9 %699 11.4 %New England356 5.5 %351 5.7 %Pacific1,400 21.8 %1,326 21.6 %South Atlantic1,821 28.3 %1,776 28.9 %West North Central97 1.5 %103 1.7 %West South Central588 9.1 %445 7.2 %Other [1]793 12.3 %832 13.6 %Total mortgage loans6,440 100.0 %6,138 100.0 %ACL(44)(51)Total mortgage loans, net of ACL$6,396 $6,087 [1]Primarily represents loans collateralized by multiple properties in various regions.Mortgage Loans by Property TypeDecember 31, 2024December 31, 2023Amortized CostPercent of TotalAmortized CostPercent of TotalCommercialIndustrial$2,737 42.5 %$2,363 38.5 %Multifamily2,161 33.5 %2,200 35.9 %Office507 7.9 %578 9.4 %Retail [1]957 14.9 %917 14.9 %Single Family78 1.2 %80 1.3 %Total mortgage loans6,440 100.0 %6,138 100.0 %ACL(44)(51)Total mortgage loans, net of ACL$6,396 $6,087 [1]Primarily comprised of grocery-anchored retail centers, with no exposure to regional shopping malls.Past-Due Mortgage LoansMortgage loans are considered past due if a payment of principal or interest is not received according to the contractual terms of the loan agreement, which typically includes a grace period. As of December 31, 2024 and December 31, 2023, the Company held no mortgage loans considered past due.Mortgage ServicingThe Company originates, sells, and services commercial mortgage loans on behalf of third parties and recognizes servicing fee income over the period that services are performed. As of December 31, 2024, under this program,