Company: HIG-PG
Filing Date: 2025-04-24
Form Type: 10-Q
Source: 0000874766-25-000052
Chunk: 226

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-04-24
Form: 10-Q
Item: Item 8
Chunk 226
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 — 26 Total Assets$2,487 $3 $(5)$291 $(49)$(2)$6 $(47)$2,684 [1]Amounts in these columns are generally reported in net realized gains (losses). All amounts are before income taxes.[2]All amounts are before income taxes.[3]Transfers into and/or (out of) Level 3 are primarily attributable to the availability of market observable information and the re-evaluation of the observability of pricing inputs.

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Table of ContentsNote 4 - Fair Value MeasurementsThe Hartford Insurance Group, Inc.Notes To Condensed Consolidated Financial Statements (continued)

Changes in Unrealized Gains (Losses) for Financial Instruments Classified as Level 3 Still Held at End of PeriodThree Months Ended March 31,2025202420252024Changes in Unrealized Gain/(Loss) included in Net Income [1] [2]Changes in Unrealized Gain/(Loss) included in OCI [3]                AssetsFixed maturities, AFSABS$— $— $1 $— CMBS— — 3 10 Corporate3 — 13 (15)Total fixed maturities, AFS3 — 17 (5)FVO securities(4)3 — — Total Assets$(1)$3 $17 $(5)[1]All amounts in these rows are reported in net realized gains (losses). All amounts are before income taxes.[2]Amounts presented are for Level 3 only and therefore may not agree to other disclosures included herein.[3]Changes in unrealized gains (losses) on fixed maturities, AFS are reported in changes in net unrealized gain (loss) on fixed maturities in the Condensed Consolidated Statements of Comprehensive Income (Loss).Fair Value OptionThe Company has elected the fair value option for certain investments in residual interests of securitizations and other securities that contain embedded credit derivatives with underlying credit risk related to residential real estate in order to reflect changes in fair value in earnings. These instruments are included within FVO securities on the Condensed Consolidated Balance Sheets and changes in the fair value of these investments are reported in net realized gains and losses.As of March 31, 2025 and December 31, 2024, the fair value of assets using the fair value option was $280 and $308, respectively, of which $195 and