The Hartford Insurance Group, Inc. (HIG) FY2024 Annual Balance Sheet

Balance Sheet

As of 2024-12-31

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The Hartford Insurance Group, Inc. (HIG) FY2024 Annual Balance SheetBalance sheet as of 2024-12-31. The chart shows assets, liabilities and equity at that date.Liabilities$64.47 BAssets$80.92 BEquity$16.45 BGross equity(calculated)$22.45 BHOLDINGSASSETSCLAIM CLASSCLAIM SUB-CLASSCLAIMSFixed maturities, AFS, at fair value (amortized cost of $44,538 and $41,726, and ACL of $16 and $21)Reinsurance recoverables (net of allowance for uncollectible reinsurance of $75 and $103)Financing Receivable, after Allowance for Credit LossPremiums receivable and agents' balances (net of ACL of $117 and $109)Limited partnerships and other alternative investmentsShort-term investmentsOther assetsGoodwillDeferred policy acquisition costsDeferred income taxes, netProperty and equipment, netOther intangible assets, netEquity securities, at fair valueAccrued Investment Income ReceivableFixed maturities, at fair value using the fair value option ("FVO Securities")Other investmentsCashRestricted CashUnpaid losses and loss adjustment expensesUnearned premiumsOther liabilitiesLong-term debtPolicyholder Account BalanceLiability for Future Policy Benefit, before ReinsuranceRetained earningsAdditional paid-in capitalPreferred 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 $345Common Stock, Value, IssuedAssetsLiabilitiesEquityGross equity (calculated)Treasury Stock, ValueAccumulated other comprehensive loss, net of taxFixed maturities, AFS, at fair value (amortized cost of $44,538 and $41,726, and ACL of $16 and $21)Fixed maturities, AFS, at fair value$42.57 BReinsurance recoverables (net of allowance for uncollectible reinsurance of $75 and $103)Reinsurance recoverables$7.14 BLiabilitiesLiabilities$64.47 BFinancing Receivable, after Allowance for Credit LossFinancing Receivable, after Allowance for Credit Loss$6.40 BUnpaid losses and loss adjustment expensesUnpaid losses and loss adjustment expenses$44.61 BPremiums receivable and agents' balances (net of ACL of $117 and $109)Premiums receivable and agents' balances$6.00 BAssetsAssets$80.92 BLimited partnerships and other alternative investmentsLimited partnerships and other alternative investments$5.04 BUnearned premiumsUnearned premiums$9.41 BShort-term investmentsShort-term investments$4.07 BOther liabilitiesOther liabilities$5.02 BOther assetsOther assets$1.98 BLong-term debtLong-term debt$4.37 BGoodwillGoodwill$1.91 BPolicyholder Account BalancePolicyholder Account Balance$614.00 MDeferred policy acquisition costsDeferred policy acquisition costs$1.24 BEquityEquity$16.45 BLiability for Future Policy Benefit, before ReinsuranceLiability for Future Policy Benefit, before Reinsurance$448.00 MDeferred income taxes, netDeferred income taxes, net$1.23 BGross equity (calculated)Gross equity(calculated)$22.45 BProperty and equipment, netProperty and equipment, net$888.00 MRetained earningsRetained earnings$21.53 BOther intangible assets, netOther intangible assets, net$637.00 MAdditional paid-in capitalAdditional paid-in capital$578.00 MEquity securities, at fair valueEquity securities, at fair value$603.00 MPreferred 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 $345Preferred stock$334.00 MAccrued Investment Income ReceivableAccrued Investment Income Receivable$450.00 MCommon Stock, Value, IssuedCommon Stock, Value, Issued$3.00 MFixed maturities, at fair value using the fair value option ("FVO Securities")Fixed maturities, at fair value using thefair value option ("FVO Securities")$308.00 MTreasury Stock, ValueTreasury Stock, Value−$3.11 BOther investmentsOther investments$226.00 MAccumulated other comprehensive loss, net of taxAccumulated other comprehensive loss, net of tax−$2.89 BCashCash$183.00 MRestricted CashRestricted Cash$51.00 M
Chart details

The Hartford Insurance Group, Inc. (HIG) FY2024 Annual Balance Sheet

Balance sheet as of 2024-12-31. The chart shows assets, liabilities and equity at that date.

Assets
80,917,000,000 US dollars
Liabilities
64,470,000,000 US dollars
Equity
16,447,000,000 US dollars
Fixed maturities, AFS, at fair value (amortized cost of $44,538 and $41,726, and ACL of $16 and $21)
42,567,000,000 US dollars
Reinsurance recoverables (net of allowance for uncollectible reinsurance of $75 and $103)
7,140,000,000 US dollars
Financing Receivable, after Allowance for Credit Loss
6,396,000,000 US dollars
Premiums receivable and agents' balances (net of ACL of $117 and $109)
5,998,000,000 US dollars
Limited partnerships and other alternative investments
5,042,000,000 US dollars
Short-term investments
4,068,000,000 US dollars
Other assets
1,981,000,000 US dollars
Goodwill
1,911,000,000 US dollars
Deferred policy acquisition costs
1,239,000,000 US dollars
Deferred income taxes, net
1,229,000,000 US dollars
Property and equipment, net
888,000,000 US dollars
Other intangible assets, net
637,000,000 US dollars
Equity securities, at fair value
603,000,000 US dollars
Accrued Investment Income Receivable
450,000,000 US dollars
Fixed maturities, at fair value using the fair value option ("FVO Securities")
308,000,000 US dollars
Other investments
226,000,000 US dollars
Cash
183,000,000 US dollars
Restricted Cash
51,000,000 US dollars
Unpaid losses and loss adjustment expenses
44,610,000,000 US dollars
Unearned premiums
9,408,000,000 US dollars
Other liabilities
5,024,000,000 US dollars
Long-term debt
4,366,000,000 US dollars
Policyholder Account Balance
614,000,000 US dollars
Liability for Future Policy Benefit, before Reinsurance
448,000,000 US dollars
Retained earnings
21,531,000,000 US dollars
Additional paid-in capital
578,000,000 US dollars
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
334,000,000 US dollars
Common Stock, Value, Issued
3,000,000 US dollars
Treasury Stock, Value
negative 3,113,000,000 US dollars
Accumulated other comprehensive loss, net of tax
negative 2,886,000,000 US dollars
Gross equity (calculated)
22,446,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

  • Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
  • Treasury shares and other negative equity contributions reduce equity.
The Hartford Insurance Group, Inc. (HIG) FY2024 Annual Balance Sheet Sankey chart
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