Company: HIG-PG
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000874766-25-000023
Chunk: 166

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 7
Chunk 166
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BS4,287 — 4,251 36 U.S. Treasuries1,529 18 1,511 — Total fixed maturities, AFS39,818 18 37,563 2,237 FVO securities327 — 160 167 Equity securities, at fair value [1]864 333 473 58 Derivative assetsCredit derivatives(10)— (10)— Foreign exchange derivatives9 — 9 — Total derivative assets [2](1)— (1)— Short-term investments3,850 1,400 2,425 25 Total assets accounted for at fair value on a recurring basis$44,858 $1,751 $40,620 $2,487 Liabilities accounted for at fair value on a recurring basis    Derivative liabilities    Credit derivatives$10 $— $10 $— Foreign exchange derivatives4 — 4 — Interest rate derivatives(6)— (6)— Total derivative liabilities [3]8 — 8 — Total liabilities accounted for at fair value on a recurring basis$8 $— $8 $— [1]Level 3 includes investments that have contractual sales restrictions that require consent to sell and are in place for the duration that the securities are held by the Company.[2]Includes derivative instruments in a net positive fair value position after consideration of the accrued interest and impact of collateral posting requirements which may be imposed by agreements and applicable law. See footnote 3 to this table for derivative liabilities.[3]Includes derivative instruments in a net negative fair value position (derivative liability) after consideration of the accrued interest and impact of collateral posting requirements which may be imposed by agreements and applicable law.The Company has overseas deposits included in other investments of $61 and $75 as of December 31, 2024 and December 31, 2023, respectively, which are measured at fair value using the net asset value as a practical expedient.Fixed Maturities, Equity Securities, Short-term Investments, and DerivativesValuation TechniquesThe Company generally determines fair values using valuation techniques that use prices, rates, and other relevant information evident from market transactions involving identical or similar instruments. Valuation techniques also include, where appropriate, estimates of future cash flows that are converted into a single discounted amount using current market expectations. The Company uses a "waterfall" approach comprised of