THE HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG) FY2024 Q3 Balance Sheet

Balance Sheet

As of 2024-09-30

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THE HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG) FY2024 Q3 Balance SheetBalance sheet as of 2024-09-30. The chart shows assets, liabilities and equity at that date.Liabilities$64.21 BAssets$81.22 BEquity$17.01 BGross equity(calculated)$21.74 BHOLDINGSASSETSCLAIM CLASSCLAIM SUB-CLASSCLAIMSFixed maturities, AFS, at fair value (amortized cost of $43,664 and $41,726, and ACL of $16 and $21)Reinsurance recoverables (net of allowance for uncollectible reinsurance of $102 and $103)Mortgage loans (net of ACL of $44 and $51)Premiums 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 value [1]Accrued 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 debtOther policyholder funds and benefits payableLiability for Future Policy Benefit, before Reinsurance, Beginning BalanceRetained earningsAdditional paid-in capitalPreferred stock, $0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at September 30, 2024 and December 31, 2023, aggregate liquidation preference of $345Common Stock, Value, IssuedAssetsLiabilitiesEquityGross equity (calculated)Treasury Stock, ValueAccumulated other comprehensive income (loss) ("AOCI"), net of taxFixed maturities, AFS, at fair value (amortized cost of $43,664 and $41,726, and ACL of $16 and $21)Fixed maturities, AFS, at fair value$42.79 BReinsurance recoverables (net of allowance for uncollectible reinsurance of $102 and $103)Reinsurance recoverables$7.05 BLiabilitiesLiabilities$64.21 BMortgage loans (net of ACL of $44 and $51)Mortgage loans (net of ACL of $44 and $51)$6.42 BUnpaid losses and loss adjustment expensesUnpaid losses and loss adjustment expenses$43.88 BPremiums receivable and agents' balances (net of ACL of $117 and $109)Premiums receivable and agents' balances$6.15 BAssetsAssets$81.22 BLimited partnerships and other alternative investmentsLimited partnerships and other alternative investments$5.02 BUnearned premiumsUnearned premiums$9.60 BShort-term investmentsShort-term investments$3.96 BOther liabilitiesOther liabilities$5.28 BOther assetsOther assets$2.26 BLong-term debtLong-term debt$4.37 BGoodwillGoodwill$1.91 BOther policyholder funds and benefits payableOther policyholder funds and benefits payable$613.00 MDeferred policy acquisition costsDeferred policy acquisition costs$1.27 BLiability for Future Policy Benefit, before Reinsurance, Beginning BalanceLiability for Future Policy Benefit,before Reinsurance, Beginning Balance$470.00 MEquityEquity$17.01 BDeferred income taxes, netDeferred income taxes, net$976.00 MGross equity (calculated)Gross equity(calculated)$21.74 BProperty and equipment, netProperty and equipment, net$871.00 MRetained earningsRetained earnings$20.83 BOther intangible assets, netOther intangible assets, net$654.00 MAdditional paid-in capitalAdditional paid-in capital$564.00 MEquity securities, at fair value [1]Equity securities, at fair value [1]$634.00 MPreferred stock, $0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at September 30, 2024 and December 31, 2023, aggregate liquidation preference of $345Preferred stock$334.00 MAccrued Investment Income ReceivableAccrued Investment Income Receivable$445.00 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")$263.00 MTreasury Stock, ValueTreasury Stock, Value−$2.72 BOther investmentsOther investments$262.00 MAccumulated other comprehensive income (loss) ("AOCI"), net of taxAccumulated other comprehensiveincome (loss) ("AOCI"), net of tax−$2.01 BCashCash$223.00 MRestricted cashRestricted cash$58.00 M
Chart details

THE HARTFORD FINANCIAL SERVICES GROUP, INC. (HIG) FY2024 Q3 Balance Sheet

Balance sheet as of 2024-09-30. The chart shows assets, liabilities and equity at that date.

Assets
81,219,000,000 US dollars
Liabilities
64,211,000,000 US dollars
Equity
17,008,000,000 US dollars
Fixed maturities, AFS, at fair value (amortized cost of $43,664 and $41,726, and ACL of $16 and $21)
42,793,000,000 US dollars
Reinsurance recoverables (net of allowance for uncollectible reinsurance of $102 and $103)
7,052,000,000 US dollars
Mortgage loans (net of ACL of $44 and $51)
6,415,000,000 US dollars
Premiums receivable and agents' balances (net of ACL of $117 and $109)
6,151,000,000 US dollars
Limited partnerships and other alternative investments
5,019,000,000 US dollars
Short-term investments
3,964,000,000 US dollars
Other assets
2,258,000,000 US dollars
Goodwill
1,911,000,000 US dollars
Deferred policy acquisition costs
1,270,000,000 US dollars
Deferred income taxes, net
976,000,000 US dollars
Property and equipment, net
871,000,000 US dollars
Other intangible assets, net
654,000,000 US dollars
Equity securities, at fair value [1]
634,000,000 US dollars
Accrued Investment Income Receivable
445,000,000 US dollars
Fixed maturities, at fair value using the fair value option ("FVO Securities")
263,000,000 US dollars
Other investments
262,000,000 US dollars
Cash
223,000,000 US dollars
Restricted cash
58,000,000 US dollars
Unpaid losses and loss adjustment expenses
43,881,000,000 US dollars
Unearned premiums
9,599,000,000 US dollars
Other liabilities
5,283,000,000 US dollars
Long-term debt
4,365,000,000 US dollars
Other policyholder funds and benefits payable
613,000,000 US dollars
Liability for Future Policy Benefit, before Reinsurance, Beginning Balance
470,000,000 US dollars
Retained earnings
20,834,000,000 US dollars
Additional paid-in capital
564,000,000 US dollars
Preferred stock, $0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at September 30, 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 2,722,000,000 US dollars
Accumulated other comprehensive income (loss) ("AOCI"), net of tax
negative 2,005,000,000 US dollars
Gross equity (calculated)
21,735,000,000 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 FINANCIAL SERVICES GROUP, INC. (HIG) FY2024 Q3 Balance Sheet Sankey chart
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