Company: HIG-PG
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000874766-25-000107
Chunk: 91

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-10-27
Form: 10-Q
Item: Item 1
Chunk 91
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1,125.00 

See Notes to Condensed Consolidated Financial Statements.

10

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

 Nine Months Ended September 30,(in millions)20252024Operating Activities(Unaudited)Net income$2,705 $2,258 Adjustments to reconcile net income to net cash provided by operating activities:Net realized losses71 44 Amortization of deferred policy acquisition costs1,871 1,691 Additions to deferred policy acquisition costs(2,011)(1,848)Depreciation and amortization261 272 Other operating activities, net151 237 Change in assets and liabilities:Decrease in reinsurance recoverables45 36 Net change in accrued and deferred income taxes(24)(179)Increase in insurance liabilities2,159 2,528 Net change in premiums receivable and agents' balances(634)(594)Net change in other assets and other liabilities(480)(410)Net cash provided by operating activities4,114 4,035 Investing ActivitiesProceeds from the sale/maturity/prepayment of:Fixed maturities, AFS7,617 7,985 Fixed maturities, at fair value using the fair value option109 50 Equity securities, at fair value184 308 Mortgage loans1,055 444 Limited partnership and other alternative investments167 136 Payments for the purchase of:Fixed maturities, AFS(9,276)(9,962)Fixed maturities, at fair value using the fair value option(16)— Equity securities, at fair value(92)(11)Mortgage loans(1,268)(758)Limited partnership and other alternative investments(698)(475)Net proceeds from (payments for) derivatives(11)48 Net additions of property and equipment(123)(171)Net proceeds from (payments for) short-term investments(45)20 Other investing activities, net(62)(26)Net cash used for investing activities(2,459)(2,412)Financing ActivitiesDeposits and other additions to investment and universal life-type contracts93 86 Withdrawals and other deductions from investment and universal life-type contracts(89)(96)Net issuance (return) of shares under incentive and stock compensation plans, including related excise tax benefit(22)16 Treasury stock acquired, including related excise tax