Company: HIG-PG
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000874766-25-000023
Chunk: 668

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 9B
Chunk 668
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 December 31, 2024CMBS [3]$166 Discounted cash flowsSpread (encompasses prepayment, default risk and loss severity)200 bps1,221 bps418 bpsDecreaseCorporate [4]$2,166 Discounted cash flowsSpread81 bps794 bps286 bpsDecreaseRMBS [3]$19 Discounted cash flowsSpread [6]100 bps372 bps181 bpsDecreaseConstant prepayment rate [6]1%6%4%Decrease [5]Constant default rate [6]1%4%2%DecreaseLoss severity [6]30%50%41%DecreaseShort-term investments$98 Discounted cash flowsSpread266 bps266 bps266 bpsDecreaseAs of December 31, 2023CLOs [3]$98 Discounted cash flowsSpread268 bps270 bps269 bpsDecreaseCMBS [3]$226 Discounted cash flowsSpread (encompasses prepayment, default risk and loss severity)365 bps1,315 bps509 bpsDecreaseCorporate [4]$1,741 Discounted cash flowsSpread49 bps743 bps323 bpsDecreaseRMBS$36 Discounted cash flowsSpread [6]32 bps298 bps161 bpsDecreaseConstant prepayment rate [6]1%5%4%Decrease [5]Constant default rate [6]1%5%2%DecreaseLoss severity [6]10%70%41%DecreaseShort-term investments [3]$15 Discounted cash flowsSpread579 bps1,254 bps1,225 bpsDecrease    [1]The weighted average is determined based on the fair value of the securities.[2]Conversely, the impact of a decrease in input would have the opposite impact to the fair value as that presented in the table.[3]Excludes securities for which the Company bases fair value on broker quotations.[4]Excludes securities for which the Company bases fair value on broker quotations; however, included are broker priced lower-rated private placement securities for which the Company receives spread and yield information to corroborate the fair value.[5]Decrease for above market rate coupons and increase for below market rate coupons.[6]Generally, a change in the assumption used for the constant default rate would have been accompanied by a directionally similar change in the assumption used for the loss