Company: HIG-PG
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000874766-25-000023
Chunk: 671

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 9B
Chunk 671
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 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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|Index to Consolidated Financial Statements and SchedulesTable of ContentsNote 4 - Fair Value MeasurementsTHE HARTFORD INSURANCE GROUP, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)

Changes in Unrealized Gains (Losses) for Financial Instruments Classified as Level 3 Still Held at Year EndDecember 31, 2024December 31, 2023Changes in Unrealized Gain/(Loss) included in Net Income [1] [2]Changes in Unrealized Gain/(Loss) included in OCI [3]Changes in Unrealized Gain/(Loss) included in Net Income [1] [2]Changes in Unrealized Gain/(Loss) included in OCI [3]AssetsFixed maturities, AFSCLOs$— $— $— $1 CMBS— 10 — 2 Corporate— (26)(6)71 Total fixed maturities, AFS— (16)(6)74 FVO securities(7)— (1)— Equity securities, at fair value— — (1)— Total Assets$(7)$(16)$(8)$74 [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 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 Consolidated Balance Sheets and changes in the fair value of these investments are reported in net realized gains and losses.As of December 31, 2024 and 2023, the fair value of assets using the fair value option was $308 and $327,