Company: HIG-PG
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000874766-25-000023
Chunk: 397

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1
Chunk 397
---
30 %)Redemptions - Mutual Fund(28,041)(28,606)(37,981)2 %25 %Net flows - ETF491 619 197 (21 %)NMNet Flows - Mutual Fund and ETF(3,225)(7,027)(7,951)54 %12 %Change in market value and other11,963 13,871 (22,209)(14 %)NMMutual Fund and ETF AUM - end of period128,054 119,316 112,472 7 %6 %Third-party life and annuity separate account AUM11,544 11,709 11,635 (1 %)1 %Hartford Funds AUM - end of period$139,598 $131,025 $124,107 7 %6 %

Mutual Fund and ETF AUM by Asset Class

202420232022Increase (Decrease) From 2023 to 2024Increase (Decrease) From 2022 to 2023Equity - Mutual Funds$84,000 $79,352 $73,782 6 %8 %Fixed Income - Mutual Funds21,059 16,773 15,861 26 %6 %Multi-Strategy Investments - Mutual Funds [1]18,512 19,292 19,975 (4 %)(3 %)Equity - ETF1,811 2,141 1,805 (15 %)19 %Fixed Income - ETF2,672 1,758 1,049 52 %68 % Mutual Fund and ETF AUM$128,054 $119,316 $112,472 7 %6 %

[1]Includes balanced, allocation, and alternative investment products.

84

|Table of ContentsIndex to MD&APart II - Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations

Net Income  Year ended December 31, 2024 compared to the year ended December 31, 2023 Net income increased for the year ended December 31, 2024, primarily due to an increase in fee income net of operating costs and other expenses driven by higher daily average AUM.Hartford Funds AUM December 31, 2024 compared to December 31, 2023 Hartford Funds AUM increased primarily due to an