Company: HIG-PG
Filing Date: 2025-04-24
Form Type: 10-Q
Source: 0000874766-25-000052
Chunk: 192

Company: HARTFORD INSURANCE GROUP, INC.
Filing Date: 2025-04-24
Form: 10-Q
Item: Item 1
Chunk 192
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, subject to the discretion of the Board of Directors; and•$595 of common stockholders' dividends, subject to the discretion of the Board of Directors and before share repurchases.Expected liquidity requirements for beyond the next twelve months as of March 31, 2025:•Interest on and repayments of debt. See Note 13 - Debt of Notes to Consolidated Financial Statements in The Hartford's 2024 Form 10-K Annual Report; and•Preferred stock and common stock dividends, subject to the discretion of the Board of Directors.       Equity repurchase program:During the three months ended March 31, 2025, the Company repurchased 3.5 million common shares for $400 under the $3.3 billion share repurchase authorized by the Board of Directors, effective through December 31, 2026. As of March 31, 2025, the Company has $2.75 billion remaining for equity repurchases under the current share repurchase program. During the period April 1, 2025 through April 23, 2025, the Company repurchased 1.1 million common shares for $124.The timing of any repurchases of shares is dependent on several factors, including the market price of the Company's securities, the Company's capital position, consideration of the effect of any repurchases on the Company's financial strength or credit ratings, the Company's blackout periods, and other considerations.Liquidity Requirements and Sources of CapitalThe Hartford Insurance Group, Inc. ("HIG Holding Company")The liquidity requirements of the HIG Holding Company will primarily be met by HIG Holding Company's fixed maturities; short-term investments and cash; and dividends from its subsidiaries, principally its insurance operations. The Company maintains sufficient liquidity and has a variety of contingent liquidity resources to manage liquidity across a range of economic scenarios. The HIG Holding Company expects to continue to receive dividends from its operating subsidiaries in the future and manages capital in its operating subsidiaries to be sufficient under significant economic stress scenarios. Dividends from subsidiaries and other sources of funds at the holding company may be used to repurchase shares under the authorized share repurchase program at the discretion of management.Under significant economic stress scenarios, the Company has the ability to meet short-term cash requirements, if needed, by borrowing under its revolving credit facility or by having its insurance subsidiaries take collateralized advances under a 

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Table of ContentsIndex to MD&A Part I - Item 2. Management's Discussion and Analysis of Financial Condition and Results