Company: HIG-PG
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000874766-25-000107
Chunk: 305

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-10-27
Form: 10-Q
Item: Item 8
Chunk 305
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 Charges(14)(18)Surrenders and Withdrawals(4)(4)Benefit Payments(6)(6)Interest Credited6 5 Balance, end of the period$197 $209 Weighted-average crediting rate4.3 %4.3 %Net Amount at Risk [1]$775 $852 Cash Surrender Value$196 $207 [1]Net amount at risk is defined as the current death benefit in excess of the current account value as of the balance sheet date.

As of September 30, 2025 and 2024, universal life contracts of $196 and $208, respectively, had crediting rates at their guaranteed minimums ranging from 4%-5%. 

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Table of ContentsNote 12 - Income TaxesThe Hartford Insurance Group, Inc.Notes To Condensed Consolidated Financial Statements (continued)

12. Income Taxes

Income Tax ExpenseIncome Tax Rate ReconciliationThree Months Ended September 30,Nine Months Ended September 30,2025202420252024Tax provision at U.S. federal statutory rate$277 $200 $703 $583 Nontaxable net investment income(9)(9)(23)(31)Uncertain tax position reserve(10)(4)(9)(3)Tax credits(13)(2)(28)(10)Other (7)— (1)(22)Provision for income taxes$238 $185 $642 $517 Uncertain Tax PositionsRollforward of Unrecognized Tax Benefits Three Months Ended September 30,Nine Months Ended September 30, 2025202420252024Balance, beginning of period$25 $27 $24 $26 Gross increases - tax positions in current period4 1 5 2 Gross decreases - tax positions in current period— (1)— (1)Lapse of statute of limitations(14)(4)(14)(4)Balance, end of period$15 $23 $15 $23 The entire amount of unrecognized tax benefits, if recognized, would affect the effective tax rate in the period of the release. Other Tax MattersH.R.1, known as the “One Big Beautiful Bill Act” was signed into law on July 4, 2025. This comprehensive budget reconciliation package consolidates a wide array of public policy priorities, reshaping federal policy across numerous sectors of the American economy, including taxation, healthcare, social safety nets