Company: HIG-PG
Filing Date: 2025-04-24
Form Type: 10-Q
Source: 0000874766-25-000052
Chunk: 76

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-04-24
Form: 10-Q
Item: Item 1
Chunk 76
---
 and stock compensation plans and other1,655 3,004 Return of shares under incentive and stock compensation plans to treasury stock(592)(822)Common Shares Outstanding, at end of period285,104 296,807 Cash dividends declared per common share$0.520 $0.470 Cash dividends declared per preferred share$375.00 $375.00 

See Notes to Condensed Consolidated Financial Statements.

10

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

 Three Months Ended March 31,(in millions)20252024Operating Activities(Unaudited)Net income$630 $753 Adjustments to reconcile net income to net cash provided by operating activities:Net realized losses (gains)49 (28)Amortization of deferred policy acquisition costs607 545 Additions to deferred policy acquisition costs(655)(601)Depreciation and amortization92 127 Other operating activities, net115 119 Change in assets and liabilities:Decrease (increase) in reinsurance recoverables(50)11 Net change in accrued and deferred income taxes104 102 Increase in insurance liabilities1,115 870 Net change in premiums receivable and agents' balances(414)(396)Net change in other assets and other liabilities(608)(405)Net cash provided by operating activities985 1,097 Investing ActivitiesProceeds from the sale/maturity/prepayment of:Fixed maturities, AFS2,126 1,548 Fixed maturities, at fair value using the fair value option25 — Equity securities, at fair value35 176 Mortgage loans237 165 Limited partnership and other alternative investments56 32 Payments for the purchase of:Fixed maturities, AFS(3,171)(2,752)Fixed maturities, at fair value using the fair value option(4)— Equity securities, at fair value(12)(5)Mortgage loans(197)(268)Limited partnership and other alternative investments(177)(156)Net proceeds from derivatives12 — Net additions of property and equipment(38)(50)Net proceeds from short-term investments731 875 Other investing activities, net(24)— Net cash used for investing activities(401)(435)Financing ActivitiesDeposits and other additions to investment and universal life-type contracts27 37 Withdrawals and other deductions from