HARTFORD INSURANCE GROUP INC
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 21, 2025
HIG$137.80+2.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets — As of December 31, 202 and
|
| Table of Contents | Index to Consolidated Financial Statements and Schedules |
|---|
Consolidated Balance Sheets
| As of December 31, | ||
|---|---|---|
| (in millions, except for share and per share data) | 2024 | 2023 |
| Assets | ||
| Investments: | ||
| Fixed maturities, AFS, at fair value (amortized cost of $44,538 and $41,726, and ACL of $16 and $21) | $42,567 | $39,818 |
| Fixed maturities, at fair value using the fair value option ("FVO Securities") | 308 | 327 |
| Equity securities, at fair value | 603 | 864 |
| Mortgage loans (net of ACL of $44 and $51) | 6,396 | 6,087 |
| Limited partnerships and other alternative investments | 5,042 | 4,785 |
| Other investments | 226 | 191 |
| Short-term investments | 4,068 | 3,850 |
| Total investments | 59,210 | 55,922 |
| Cash | 183 | 126 |
| Restricted cash | 51 | 63 |
| Accrued investment income | 450 | 404 |
| Premiums receivable and agents' balances (net of ACL of $117 and $109) | 5,998 | 5,607 |
| Reinsurance recoverables (net of allowance for uncollectible reinsurance of $75 and $103) | 7,140 | 7,104 |
| Deferred policy acquisition costs | 1,239 | 1,113 |
| Deferred income taxes, net | 1,229 | 1,173 |
| Goodwill | 1,911 | 1,911 |
| Property and equipment, net | 888 | 896 |
| Other intangible assets, net | 637 | 707 |
| Other assets | 1,981 | 1,754 |
| Total assets | $80,917 | $76,780 |
| Liabilities | ||
| Unpaid losses and loss adjustment expenses | $44,610 | $42,318 |
| Reserve for future policy benefits | 448 | 484 |
| Other policyholder funds and benefits payable | 614 | 638 |
| Unearned premiums | 9,408 | 8,599 |
| Long-term debt | 4,366 | 4,362 |
| Other liabilities | 5,024 | 5,052 |
| Total liabilities | 64,470 | 61,453 |
| Commitments and Contingencies (Note 14) | ||
| Stockholders’ Equity | ||
| Preferred stock, $0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at December 31, 2024 and December 31, 2023, aggregate liquidation preference of $345 | 334 | 334 |
| Common stock, $0.01 par value — 1,500,000,000 shares authorized, 326,960,228 shares issued at December 31, 2024 and 326,960,228 shares issued at December 31, 2023 | 3 | 3 |
| Additional paid-in capital | 578 | 648 |
| Retained earnings | 21,531 | 19,007 |
| Treasury stock, at cost — 39,404,003 and 28,488,130 shares | (3,113) | (1,816) |
| Accumulated other comprehensive loss, net of tax | (2,886) | (2,849) |
| Total stockholders' equity | 16,447 | 15,327 |
| Total liabilities and stockholders’ equity | $80,917 | $76,780 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.