HARTFORD INSURANCE GROUP, INC.
For the period ended Jun 30, 2025. Filed Jul 28, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Jul 28, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Corporate
| Table of Contents | Index to MD&A |
|---|
Corporate - Results of Operations
Operating Summary
| Three Months Ended June 30, | Six Months Ended June 30, | |||||
|---|---|---|---|---|---|---|
| 2025 | 2024 | Change | 2025 | 2024 | Change | |
| Fee income [1] | $10 | $10 | —% | $21 | $20 | 5% |
| Other revenue | 5 | 1 | NM | 6 | 1 | NM |
| Net investment income [2] | 14 | 14 | —% | 28 | 30 | (7)% |
| Net realized gains [2] | 23 | 8 | 188% | 4 | 17 | (76)% |
| Total revenues | 52 | 33 | 58% | 59 | 68 | (13)% |
| Benefits, losses and loss adjustment expenses [3] | — | 2 | (100%) | 2 | 4 | (50)% |
| Insurance operating costs and other expenses [1] | 14 | 11 | 27% | 28 | 25 | 12% |
| Interest expense [4] | 50 | 50 | —% | 100 | 100 | —% |
| Restructuring and other costs | — | — | —% | — | 1 | (100)% |
| Total benefits, losses and expenses | 64 | 63 | 2% | 130 | 130 | —% |
| Loss before income taxes | (12) | (30) | 60% | (71) | (62) | (15)% |
| Income tax benefit [5] | (3) | (13) | 77% | (21) | (30) | 30% |
| Net loss | (9) | (17) | 47% | (50) | (32) | (56)% |
| Preferred stock dividends | 5 | 5 | —% | 10 | 10 | —% |
| Net loss available to common stockholders | $(14) | $(22) | 36% | $(60) | $(42) | (43)% |
[1]Includes investment management fees and expenses related to managing third-party assets.
[3]Includes benefits expense on life and annuity business previously underwritten by the Company.
[4]For discussion of debt, see Note 13 - Debt of Notes to Consolidated Financial Statements in The Hartford's 2024 Form 10-K Annual Report.
[5]For discussion of income taxes, see Note 12 - Income Taxes of Notes to Condensed Consolidated Financial Statements.
Net loss available to common stockholders
Net loss available to common stockholders decreased for the three months ended June 30, 2025, primarily due to an increase in net realized gains.
Net loss available to common stockholders increased for the six months ended June 30, 2025, due to lower net realized gains and a lower tax benefit related to the vesting of stock-based compensation awards in the six month period.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.