Company: HIG-PG
Filing Date: 2025-04-24
Form Type: 10-Q
Source: 0000874766-25-000052
Chunk: 227

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-04-24
Form: 10-Q
Item: Item 8
Chunk 227
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 $197, respectively, were residual interests of securitizations.For the three months ended March 31, 2025 and 2024, net realized gains (losses) related to the change in fair value of assets using the fair value option were $(4) and $4, respectively.Financial Instruments Not Carried at Fair ValueFinancial Assets and Liabilities Not Carried at Fair ValueMarch 31, 2025December 31, 2024Fair Value Hierarchy LevelCarrying Amount [1]Fair ValueFair Value Hierarchy LevelCarrying Amount [1]Fair ValueAssetsMortgage loansLevel 3$6,356 $6,002 Level 3$6,396 $5,901 LiabilitiesOther policyholder funds and benefits payableLevel 3$611 $611 Level 3$614 $614 Senior notes [2]Level 2$3,869 $3,437 Level 2$3,867 $3,406 Junior subordinated debentures [2]Level 2$499 $461 Level 2$499 $460 [1]As of March 31, 2025 and December 31, 2024, the carrying amount of mortgage loans is net of ACL of $43 and $44, respectively.[2]Included in long-term debt in the Condensed Consolidated Balance Sheets, except for any current maturities, which are included in short-term debt when applicable.

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Table of ContentsNote 5 - InvestmentsThe Hartford Insurance Group, Inc.Notes To Condensed Consolidated Financial Statements (continued)

5. InvestmentsNet Realized Gains (Losses) Three Months Ended March 31,(Before tax)20252024Gross gains on sales of fixed maturities$13 $5 Gross losses on sales of fixed maturities(25)(11)Equity securities [1]Net realized gains (losses) on sales of equity securities— (12)Change in net unrealized gains (losses) of equity securities(11)47 Net realized and unrealized gains (losses) on equity securities(11)35 Net credit losses on fixed maturities, AFS2 (1)Change in ACL on mortgage loans— 3 Other, net [2](28)(3)Net realized gains (losses)$(49)$28 [1]The change in net