Company: HIG-PG
Filing Date: 2025-07-28
Form Type: 10-Q
Source: 0000874766-25-000084
Chunk: 89

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-07-28
Form: 10-Q
Item: Item 1
Chunk 89
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10

Table of ContentsThe Hartford Insurance Group, Inc.Condensed Consolidated Statements of Cash Flows

 Six Months Ended June 30,(in millions)20252024Operating Activities(Unaudited)Net income$1,625 $1,491 Adjustments to reconcile net income to net cash provided by operating activities:Net realized losses59 31 Amortization of deferred policy acquisition costs1,232 1,106 Additions to deferred policy acquisition costs(1,355)(1,238)Depreciation and amortization186 187 Other operating activities, net169 198 Change in assets and liabilities:Decrease in reinsurance recoverables32 37 Net change in accrued and deferred income taxes(181)(155)Increase in insurance liabilities1,784 1,907 Net change in premiums receivable and agents' balances(752)(761)Net change in other assets and other liabilities(523)(446)Net cash provided by operating activities2,276 2,357 Investing ActivitiesProceeds from the sale/maturity/prepayment of:Fixed maturities, AFS4,755 5,151 Fixed maturities, at fair value using the fair value option109 50 Equity securities, at fair value125 304 Mortgage loans733 411 Limited partnership and other alternative investments115 101 Payments for the purchase of:Fixed maturities, AFS(6,090)(6,498)Fixed maturities, at fair value using the fair value option(8)— Equity securities, at fair value(16)(9)Mortgage loans(793)(669)Limited partnership and other alternative investments(445)(314)Net proceeds from (payments for) derivatives(22)2 Net additions of property and equipment(78)(111)Net proceeds from short-term investments524 258 Other investing activities, net(53)1 Net cash used for investing activities(1,144)(1,323)Financing ActivitiesDeposits and other additions to investment and universal life-type contracts63 64 Withdrawals and other deductions from investment and universal life-type contracts(57)(73)Net (issuance) return of shares under incentive and stock compensation plans, including related excise tax benefit(33)(9)Treasury stock acquired, including related excise tax paid(815)(700)Dividends paid on preferred stock(10)(10)Dividends paid on common