Company: HIG-PG
Filing Date: 2025-10-27
Form Type: 10-Q
Source: 0000874766-25-000107
Chunk: 385

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-10-27
Form: 10-Q
Item: Item 8
Chunk 385
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%)Private equity funds56 10.2%29 6.1%95 6.2%71 5.1%Other funds33 18.3%12 8.6%59 11.8%40 10.5%Other alternative investments [2]13 8.8%9 6.6%22 5.2%37 9.7%Total$91 6.7 %$37 3.0 %$143 3.7 %$69 1.9 %

 [1]Yields calculated using annualized net investment income divided by the monthly average invested assets.

[2]Consists of an insurer-owned life insurance policy, which is primarily invested in private equity funds and fixed income.

Investments in Limited Partnerships and Other Alternative Investments September 30, 2025December 31, 2024 AmountPercentAmountPercentReal estate joint ventures and funds$1,915 34.4%$1,907 37.8%Private equity funds2,302 41.4%1,956 38.8%Other funds770 13.9%623 12.4%Other alternative investments [1]573 10.3%556 11.0%Total$5,560 100.0%$5,042 100.0%

 [1]Consists of an insurer-owned life insurance policy which is primarily invested in private equity funds and fixed income.

Fixed Maturities, AFS — Unrealized Loss AgingThe total gross unrealized losses were $1.5 billion as of September 30, 2025, and have decreased $775 since December 31, 2024, primarily due to lower interest rates and tighter credit spreads. As of September 30, 2025, $1.1 billion of the gross unrealized losses were associated with fixed maturities, AFS depressed less than 20% of amortized cost. The remaining $0.3 billion of gross unrealized losses were associated with fixed maturities, AFS depressed greater than 20%. The fixed maturities, AFS depressed more than 20% primarily related to corporate fixed maturities, municipal bonds, and U.S. Treasuries, that are mainly depressed because current interest rates are higher than at the respective purchase dates.As part of the Company’s ongoing investment monitoring process, the Company has reviewed its fixed maturities,