Company: HIG-PG
Filing Date: 2025-04-24
Form Type: 10-Q
Source: 0000874766-25-000052
Chunk: 130

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-04-24
Form: 10-Q
Item: Item 1
Chunk 130
---
 Unrealized Gain (Loss) on Fixed Maturities, AFSFixed Maturities, AFS$(7)Net realized gains(7)Total before tax(1)Income tax expense$(6)Net incomeNet Gain (Loss) on Cash Flow Hedging InstrumentsInterest rate swaps$(7)Net investment incomeInterest rate swaps4 Interest expenseForeign currency swaps3 Net investment income— Total before tax—  Income tax expense$— Net incomePension and Other Postretirement Plan AdjustmentsAmortization of prior service credit$2 Insurance operating costs and other expensesAmortization of actuarial loss(9)Insurance operating costs and other expenses(7)Total before tax(1)Income tax expense$(6)Net incomeTotal amounts reclassified from AOCI$(12)Net income

16. Employee Benefit PlansThe Company’s employee benefit plans are described in Note 18 - Employee Benefit Plans of Notes to Consolidated Financial Statements included in The Hartford’s 2024 Form 10-K Annual Report. Net periodic cost (benefit) is recognized in insurance operating costs and other expenses in the Condensed Consolidated Statement of Operations.The Company has not determined whether, and to what extent, contributions may be made to the U.S. qualified defined benefit pension plan in 2025. The Company will monitor the funded status of the U.S. qualified defined benefit pension plan during 2025 to make this determination.Net Periodic Cost (Benefit)Pension BenefitsOther Postretirement BenefitsThree Months Ended March 31,Three Months Ended March 31,2025202420252024Service cost$— $— $— $— Interest cost44 44 2 2 Expected return on plan assets(60)(57)— — Amortization of prior service credit— — (2)(2)Amortization of actuarial loss8 8 1 1 Net periodic cost (benefit)$(8)$(5)$1 $1 

48

Table of ContentsIndex to MD&A Part I - Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations

Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

(Dollar amounts in millions except for per share data, unless otherwise stated)The Hartford provides projections and other forward-looking information in the following discussions, which contain many forward-looking statements, particularly relating to the Company’s future financial performance. These