Company: HIG-PG
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0000874766-25-000084
Chunk: 72

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-07-28
Form: 10-Q
Item: Item 2
Chunk 72
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3. The release reflected improved economic scenario forecasts and property specific reductions, partially offset by net additions of new loans.

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

Capital Resources and Liquidity

The following section discusses the overall financial strength of The Hartford and its insurance operations including their ability to generate cash flows from each of their business segments, borrow funds at competitive rates and raise new capital to meet operating and growth needs.Summary of Capital Resources and LiquidityCapital available to the HIG Holding Company as of June 30, 2025:•Approximately $1.3 billion in fixed maturities, short-term investments, investment sales receivable and cash at the HIG Holding Company;•A senior unsecured revolving credit facility that provides for borrowing capacity up to $750 of unsecured credit through October 27, 2026. As of June 30, 2025, there were no borrowings outstanding; and•An intercompany liquidity agreement that allows for short-term advances of funds among the HIG Holding Company and certain affiliates of up to $2.0 billion for liquidity and other general corporate purposes. As of June 30, 2025, $1.85 billion was available, $150 was outstanding between certain affiliates and there were no amounts outstanding at the HIG Holding company.Dividends and other sources of capital for the six months ended June 30, 2025:The future payment of dividends from our subsidiaries is dependent on several factors including the business results, capital position and liquidity of our subsidiaries.•P&C - HIG Holding Company received $729 of net dividends from the Company's property and casualty insurance subsidiaries through June 30, 2025;•Employee Benefits - HIG Holding Company received $442 in dividends from Hartford Life and Accident Insurance Company ("HLA") through June 30, 2025;•Hartford Funds - HIG Holding Company received $75 in dividends from Hartford Funds through June 30, 2025; andExpected liquidity requirements for the next twelve months as of June 30, 2025:•$194 of interest on debt. See Note 13 - Debt of Notes to Consolidated Financial Statements in The Hartford's 2024 Form 10-K Annual Report.•$21 dividends on preferred stock, subject to the discretion of the Board of Directors; and•$590 of common stockholders' dividends, subject to the discretion of the Board of Directors