Form 8-K
8-K — HARTFORD INSURANCE GROUP, INC.
Accession: 0000874766-26-000079
Filed: 2026-10-26
Period: 2026-10-26
CIK: 0000874766
SIC: 6331 (FIRE, MARINE & CASUALTY INSURANCE)
Item: Results of Operations and Financial Condition
Item: Financial Statements and Exhibits
Documents
8-K — hig-20261026.htm (Primary)
EX-99.1 (ex991earningsnewsrelease93.htm)
EX-99.2 (ex992ifs9302026.htm)
GRAPHIC (ifsq32026covera.jpg)
GRAPHIC (thehartford_logoxhorizontaa.jpg)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K
8-K (Primary)
Filename: hig-20261026.htm · Sequence: 1
hig-20261026
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 26, 2026
The Hartford Insurance Group, Inc.
(Exact name of registrant as specified in its charter)
Delaware 001-13958 13-3317783
(State or Other Jurisdiction
of Incorporation) (Commission
File Number) (IRS Employer
Identification No.)
The Hartford Insurance Group, Inc.
One Hartford Plaza, Hartford, Connecticut 06155
(Address of Principal Executive Offices) (Zip Code)
Registrant’s telephone number, including area code: (860) 547-5000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, par value $0.01 per share HIG The New York Stock Exchange
6.10% Senior Notes due October 1, 2041 HIG 41 The New York Stock Exchange
Depositary Shares, Each Representing a 1/1,000th Interest in a Share of 6.000% Non-Cumulative Preferred Stock, Series G, par value $0.01 per share HIG PR G The New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial Condition
On October 26, 2026, The Hartford Insurance Group, Inc. (the "Company") issued (i) a news release announcing its financial results for the quarterly period ended September 30, 2026, and (ii) its Investor Financial Supplement (“IFS”) relating to its financial results for the quarterly period ended September 30, 2026. Copies of the news release and the IFS are furnished herewith as Exhibits 99.1 and 99.2, respectively, and are incorporated herein by reference.
The information furnished pursuant to this Item 2.02, including Exhibits 99.1 and 99.2, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.
Item 9.01 Financial Statements and Exhibits
Exhibit No.
99.1
News Release of The Hartford Insurance Group, Inc. dated October 26, 2026
99.2
Investor Financial Supplement of The Hartford Insurance Group, Inc. for the quarterly period ended September 30, 2026
101 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
104 The cover page from this Current Report on Form 8-K, formatted as Inline XBRL.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: October 26, 2026 By: /s/ Allison G. Niderno
Name: Allison G. Niderno
Title: Senior Vice President and Controller
EX-99.1
EX-99.1
Filename: ex991earningsnewsrelease93.htm · Sequence: 2
Document
NEWS RELEASE
The Hartford Reports Strong Third Quarter 2026 Financial Results
Increased quarterly common dividend per share by 12%
•Third quarter 2026 net income available to common stockholders of $1.3 billion ($4.82 per diluted share) increased 23% from $1.1 billion ($3.77 per diluted share) over the same period in 2025. Core earnings* of $956 million ($3.50 core earnings per diluted share*) decreased 6% from $1,022 million ($3.59 core earnings per diluted share) over the same period in 2025.
•Net income ROE for the trailing 12 months of 25.0% and core earnings ROE* of 17.9%.
•Property & Casualty (P&C) written premiums increased by 4% in the third quarter of 2026, driven by Business Insurance premium growth of 6%.
•Employee Benefits fully insured ongoing premium growth of 4% in the third quarter of 2026.
•Business Insurance third quarter 2026 combined ratio of 91.3 and an underlying combined ratio* of 90.1.
•Personal Insurance third quarter 2026 combined ratio of 93.2 and an underlying combined ratio* of 87.1.
•Employee Benefits third quarter 2026 net income margin of 7.0% and a core earnings margin* of 6.4%.
•Returned $638 million to stockholders in the third quarter, including $475 million of shares repurchased and $163 million in common stockholder dividends paid. Increased the quarterly common dividend per share by 12%, to $0.67, payable Jan. 5, 2027, to shareholders of record at the close of business on Dec. 1, 2026.
* Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest U.S. GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures.
** All amounts and percentages set forth in this news release are approximate unless otherwise noted.
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HARTFORD, Conn., Oct. 26, 2026 – The Hartford (NYSE: HIG) today announced financial results for the third quarter ended Sept. 30, 2026.
"The Hartford delivered another quarter of strong results in an increasingly competitive market," said The Hartford's Chairman and CEO Christopher Swift. "We continue to strengthen our leading position through disciplined execution and investments in technology, data, artificial intelligence and customer-focused risk insights, building on our differentiated capabilities across Property and Casualty and Employee Benefits."
The Hartford's Chief Financial Officer Beth Costello said, "Business Insurance delivered a solid quarter, with 6 percent written premium growth and an underlying combined ratio of 90.1. In Personal Insurance, the underlying combined ratio improved 2.9 points, while growth was impacted by a competitive market. Employee Benefits generated fully insured ongoing premium growth of 4 percent with a core earnings margin of 6.4 percent. Investment income was excellent, supported by higher income from limited partnerships and other alternative investments and a higher level of invested assets. Building on our consistent track record of annual dividend increases, we are pleased to announce a 12 percent increase in the common quarterly dividend.”
Swift continued, "It has been an honor to serve this iconic company, first as CFO and then as CEO for nearly 13 years. As we announced last month, Mo Tooker will succeed me as CEO on March 1, at which time I will transition to Executive Chair, with plans to step down from that role in the second half of 2027. Mo is ideally suited to lead as CEO and guide The Hartford’s next chapter. With our strategy, priorities and commitment to disciplined execution unchanged, The Hartford remains well positioned to continue delivering outstanding ROEs and attractive returns for shareholders."
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CONSOLIDATED RESULTS:
Three Months Ended
($ in millions except per share data)
Sep 30 2026 Sep 30 2025
Change
Income from continuing operations, net of tax $1,262 $1,021 24%
Income from continuing operations, net of tax per diluted share $4.60 $3.56 29%
Net income available to common stockholders $1,317 $1,074 23%
Net income available to common stockholders per diluted share1
$4.82 $3.77 28%
Core earnings $956 $1,022 (6%)
Core earnings per diluted share $3.50 $3.59 (3%)
Book value per diluted share $68.31 $63.86 7%
Book value per diluted share (ex. accumulated other comprehensive income (AOCI))2
$82.47 $70.92 16%
Net income available to common stockholders' return on equity (ROE)3, last 12-months
25.0% 20.3% 4.7
Core earnings ROE3, last 12-months
17.9% 17.3% 0.6
[1]Includes dilutive potential common shares; for net income available to common stockholders per diluted share, the numerator is net income less preferred dividends
[2]Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest U.S. GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures
[3]Return on equity (ROE) is calculated based on last 12 months of net income available to common stockholders and core earnings, respectively; for net income ROE, the denominator is common stockholders’ equity including AOCI; for core earnings ROE, the denominator is common stockholders’ equity excluding AOCI
Third quarter 2026 net income available to common stockholders of $1.3 billion, or $4.82 per diluted share, improved from $1.1 billion in third quarter 2025. Contributing to the results were:
•An increase in earnings driven by 4% growth in P&C earned premium and 4% fully insured ongoing premium growth in Employee Benefits.
•Business Insurance loss and loss adjustment expense ratio of 61.1 increased from 57.3 in third quarter 2025, including 1.7 points of higher current accident year catastrophe losses (CAY CATs) and 0.1 points of less favorable prior accident year development (PYD). Underlying loss and loss adjustment expense ratio* of 59.9 increased from 57.9 in third quarter 2025.
•Personal Insurance loss and loss adjustment expense ratio of 67.2 increased from 62.9 in third quarter 2025, including 6.8 points of higher CAY CATs and 0.6 points of less favorable PYD. Underlying loss and loss adjustment expense ratio of 61.1 improved 3.1 points from third quarter 2025.
•Net favorable PYD of $594 million, before tax, in third quarter 2026 includes a net gain of $497 million from the impact of commuting the asbestos and environmental adverse development cover (A&E ADC). Net core favorable PYD of $97 million was relatively flat compared with net core favorable PYD of $95 million in third quarter 2025.
•P&C CAY CAT losses of $198 million, before tax, in third quarter 2026, primarily from tornado, wind and hail events, increased from CAY CAT losses of $70 million in third quarter 2025.
•The P&C expense ratio of 29.2 improved from 30.0 in third quarter 2025, primarily driven by a 1.1 point improvement in the Business Insurance expense ratio.
•Employee Benefits loss ratio of 74.9 increased from 70.1 in third quarter 2025, driven by an increase in both the group disability and group life loss ratios.
•The Employee Benefits expense ratio of 25.4 improved from 26.7 in third quarter 2025.
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•Net investment income of $850 million, before tax, increased from $755 million in third quarter 2025, primarily driven by increased income from limited partnerships and other alternative investments (LPs) and a higher level of invested assets.
•Net realized losses of $116 million, before tax, in third quarter 2026 compared with net realized losses of $17 million, before tax, in third quarter 2025.
•Income from discontinued operations of $61 million, before tax, was relatively flat compared with $59 million in third quarter 2025.
Third quarter 2026 core earnings of $956 million, or $3.50 per diluted share, decreased from $1,022 million of core earnings in third quarter 2025, primarily reflecting the same drivers as net income, excluding the change in non-core PYD of $497 million resulting from commuting the A&E ADC, the impact of realized gains and losses and income from discontinued operations.
Sept. 30, 2026, book value per diluted share of $68.31 increased 3.0%, from $66.31 at Dec. 31, 2025, principally due to net income in excess of stockholder dividends through Sept. 30, 2026, partially offset by the dilutive effect of share repurchases and a decrease in AOCI, primarily driven by an increase in net unrealized losses on available-for-sale (AFS) securities.
Book value per diluted share (excluding AOCI) of $82.47 as of Sept. 30, 2026, increased 12.0%, from $73.62 at Dec. 31, 2025, as the impact from net income in excess of stockholder dividends through Sept. 30, 2026, was partially offset by the dilutive effect of share repurchases.
Net income available to common stockholders' ROE (net income ROE) for the trailing 12-month period ending Sept. 30, 2026, was 25.0%, increasing 4.7 points from Sept. 30, 2025, primarily due to an increase in net income available to common stockholders.
Core earnings ROE for the trailing 12-month period ending Sept. 30, 2026, was 17.9%, increasing 0.6 points from Sept. 30, 2025, primarily due to an increase in core earnings.
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BUSINESS RESULTS:
Business Insurance
Three Months Ended
($ in millions, unless otherwise noted) Sep 30 2026 Sep 30 2025
Change
Net income $637 $710 (10%)
Core earnings $731 $723 1%
Written premiums $3,772 $3,573 6%
Underwriting gain1
$327 $397 (18%)
Underlying underwriting gain1
$372 $376 (1%)
Losses and loss adjustment expense ratio 61.1 57.3 3.8
Expenses 30.0 31.1 (1.1)
Policyholder dividends 0.3 0.3 —
Combined ratio 91.3 88.8 2.5
Impact of catastrophes and PYD on combined ratio (1.2) 0.6 (1.8)
Underlying combined ratio 90.1 89.4 0.7
Losses and loss adjustment expense ratio
Underlying loss and loss adjustment expense ratio 59.9 57.9 2.0
Current accident year catastrophes 2.8 1.1 1.7
Prior accident year development (1.6) (1.7) 0.1
Total Losses and loss adjustment expense ratio 61.1 57.3 3.8
[1]Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest U.S. GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures
Third quarter 2026 net income of $637 million decreased from net income of $710 million in third quarter 2025. Contributing to the results were:
•7% growth in earned premium.
•An underlying loss and loss adjustment expense ratio of 59.9 in third quarter 2026 increased from 57.9 in third quarter 2025.
•Net favorable PYD of $61 million, before tax, in third quarter 2026, was relatively flat compared with $60 million in third quarter 2025. The net favorable PYD in third quarter 2026 primarily includes reserve reductions in workers’ compensation and commercial property.
•CAY CAT losses of $106 million, before tax, in third quarter 2026, primarily from tornado, wind and hail events, increased from CAY CAT losses of $39 million in third quarter 2025.
•Net investment income of $589 million, before tax, increased from $519 million in third quarter 2025.
•Net realized losses of $117 million, before tax, in third quarter 2026 compared with net realized losses of $26 million, before tax, in third quarter 2025.
Business Insurance core earnings of $731 million in third quarter 2026 increased from $723 million in third quarter 2025, primarily reflecting the same drivers as net income, excluding the impact of realized gains and losses.
Combined ratio of 91.3 increased from 88.8 in third quarter 2025, primarily due to 1.7 points of higher CAY CATs and 0.1 points of less favorable net PYD. Underlying combined ratio of 90.1 increased from 89.4 in third quarter 2025, primarily due to a 2.0 point increase in the underlying loss and loss adjustment expense ratio.
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•Small Business combined ratio of 84.5 improved from 87.9 in third quarter 2025, including flat PYD and 1.2 points of higher CAY CATs. Underlying combined ratio of 85.2 improved from 89.8 in third quarter 2025, primarily due to lower non-CAT property losses and a lower expense ratio.
•Middle & Large Business combined ratio of 101.7 increased from 90.8 in third quarter 2025, including 2.5 points of higher CAY CATs and 0.3 points of less favorable PYD. Underlying combined ratio of 99.5 increased from 91.4 in third quarter 2025, including a higher loss ratio in workers' compensation and higher non-CAT property losses, partially offset by a lower expense ratio.
•Global Specialty combined ratio of 89.1 increased from 86.9 in third quarter 2025, including 1.7 points of higher CAY CATs and 0.3 points of less favorable PYD. The 2025 combined ratio included 0.8 points of more favorable PYD due to the amortization of the deferred gain related to the Navigators ADC. Underlying combined ratio of 86.1 was relatively consistent with third quarter 2025.
•The Business Insurance expense ratio of 30.0 improved 1.1 points from 31.1 in third quarter 2025, driven by the impact of earned premium growth and lower staffing costs, partially offset by higher technology costs.
Third quarter 2026 written premiums of $3.8 billion were up 6% from third quarter 2025, driven by growth across all businesses. Small Business and Global Specialty each delivered 7% written premium growth, while Middle & Large increased 3%, including 5% growth in Middle Market.
Personal Insurance
Three Months Ended
($ in millions, unless otherwise noted)
Sep 30 2026 Sep 30 2025 Change
Net income $93 $139 (33%)
Core earnings $105 $143 (27%)
Written premiums $950 $987 (4%)
Underwriting gain $62 $107 (42%)
Underlying underwriting gain $118 $95 24%
Losses and loss adjustment expense ratio 67.2 62.9 4.3
Expenses 26.0 25.8 0.2
Combined ratio 93.2 88.7 4.5
Impact of catastrophes and PYD on combined ratio (6.2) 1.2 (7.4)
Underlying combined ratio 87.1 90.0 (2.9)
Losses and loss adjustment expense ratio
Underlying loss and loss adjustment expense ratio 61.1 64.2 (3.1)
Current accident year catastrophes 10.1 3.3 6.8
Prior accident year development (3.9) (4.5) 0.6
Total Losses and loss adjustment expense ratio 67.2 62.9 4.3
Net income of $93 million in third quarter 2026 decreased from net income of $139 million in third quarter 2025. Contributing to the results were:
•Earned premium decline of 4%, driven by an 8% decline in automobile reflecting continued pressure on new business growth in a competitive market environment, partially offset by 5% earned premium growth in homeowners, including 20% new business growth.
•An underlying loss and loss adjustment expense ratio of 61.1 in third quarter 2026, which improved 3.1 points from 64.2 in third quarter 2025, driven by the impact of earned pricing increases outpacing loss cost trends.
•Net favorable PYD of $36 million, before tax, in third quarter 2026 decreased from $43 million of net favorable PYD in third quarter 2025. The net favorable PYD in third quarter 2026 includes reserve reductions in both automobile and homeowners.
•CAY CAT losses of $92 million, before tax, in third quarter 2026, including losses from tornado, wind and hail events, increased from $31 million of CAY CAT losses in third quarter 2025.
•Net investment income of $67 million, before tax, in third quarter 2026 was flat compared with third quarter 2025.
•Net realized losses of $15 million, before tax, in third quarter 2026 compared with net realized losses of $4 million, before tax, in third quarter 2025.
Personal Insurance core earnings of $105 million decreased from core earnings of $143 million in third quarter 2025, primarily reflecting the same drivers as net income, excluding the impact of realized gains and losses.
Combined ratio of 93.2 in third quarter 2026 increased from 88.7 in third quarter 2025, primarily due to a 4.3 point increase in the loss and loss adjustment expense ratio, including a 3.1 point improvement in the underlying loss and loss adjustment expense ratio, 6.8 points of higher CAY CAT losses and 0.6 points of less favorable PYD. Underlying combined ratio of 87.1 improved 2.9 points from 90.0 in third quarter 2025, primarily due to improvement in the underlying loss and loss adjustment expense ratios in both automobile and homeowners.
•Personal Automobile combined ratio of 92.3 improved 0.2 points from 92.5 in third quarter 2025, including 0.9 points of less favorable PYD and 0.8 points of higher CAY CATs. The underlying combined ratio of 96.0 improved 1.9 points from 97.9 in third quarter 2025, primarily due to improvement in the underlying loss and loss adjustment expense ratio, driven by the impact of earned pricing increases outpacing loss cost trends.
•Homeowners combined ratio of 94.7 increased 13.5 points from 81.2 in third quarter 2025, including 17.0 points of higher CAY CATs and 0.5 points of more favorable PYD. The underlying combined ratio of 71.5 improved 2.9 points from 74.4 in third quarter 2025, primarily due to improvement in the underlying loss and loss adjustment expense ratio, driven by the impact of earned pricing increases outpacing loss cost trends.
•The Personal Insurance expense ratio of 26.0 was relatively flat compared with 25.8 in third quarter 2025.
Written premiums in third quarter 2026 of $950 million decreased from $987 million in third quarter 2025, with:
•Renewal written price increases in automobile and homeowners of 5.1% and 7.9%, respectively.
•Effective policy count retention improving slightly in automobile and declining slightly in homeowners.
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Employee Benefits
Three Months Ended
($ in millions, unless otherwise noted)
Sep 30 2026 Sep 30 2025
Change
Net income $132 $144 (8%)
Core earnings $120 $149 (19%)
Fully insured ongoing premiums $1,662 $1,603 4%
Loss ratio 74.9% 70.1% 4.8
Expense ratio 25.4% 26.7% (1.3)
Net income margin 7.0% 8.1% (1.1)
Core earnings margin 6.4% 8.3% (1.9)
Net income of $132 million in third quarter 2026 decreased from $144 million in third quarter 2025, primarily due to an increase in the loss ratio, partially offset by a lower expense ratio, a change from net realized losses to net realized gains, and increased net investment income.
Core earnings of $120 million decreased from $149 million in third quarter 2025, primarily reflecting the same drivers as net income, excluding the impact of net realized gains and losses.
Fully insured ongoing premiums were up 4% compared with third quarter 2025, including strong new business sales, an increase in exposure on existing accounts and persistency in excess of 90%. Fully insured ongoing sales in third quarter 2026 were relatively consistent with third quarter 2025.
Loss ratio of 74.9 increased from 70.1 in third quarter 2025.
•Group life loss ratio of 77.8 increased 3.6 points from 74.2, reflecting that the 2025 period included a benefit related to favorable development on prior quarters, partially offset by lower mortality in the 2026 period.
•Group disability loss ratio of 76.3 increased 5.7 points from 70.6, driven by increased claim incidence across short and long-term disability products and less favorable long-term disability claim recoveries.
Expense ratio of 25.4 improved 1.3 points from 26.7 in third quarter 2025, driven by lower staffing costs and the impact of earned premium growth, partially offset by higher technology costs.
Net investment income of $154 million, before tax, increased from $136 million in third quarter 2025.
Corporate
Three Months Ended
($ in millions, unless otherwise noted)
Sep 30 2026 Sep 30 2025 Change
Net income $55 $75 (27)%
Net income available to common stockholders $49 $69 (29)%
Core loss $(16) $(7) (129)%
Net investment income, before tax $18 $14 29%
Interest expense and preferred dividends, before tax $56 $56 —%
On June 3, 2026, The Hartford entered into an agreement to sell Hartford Funds Management, Inc. ("Hartford Funds"). Effective in second quarter 2026, and for all periods presented in The Hartford's financial statements, Hartford Funds is reported as discontinued operations in Corporate and its results are included in net income, but not in core earnings.
Net income available to common stockholders of $49 million in third quarter 2026 decreased from $69 million in third quarter 2025, primarily driven by a higher net tax benefit in the 2025
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period, which included a release of a provision for an uncertain tax position and tax related interest accruals, and lower net realized gains, partially offset by an increase in other revenues related to valuation appreciation of an investment.
Third quarter 2026 core loss of $16 million increased from $7 million in third quarter 2025, primarily reflecting the same drivers as net income, excluding the impact of realized gains.
INVESTMENT INCOME AND PORTFOLIO DATA:
Three Months Ended
($ in millions, unless otherwise noted)
Sep 30 2026 Sep 30 2025
Change
Net investment income, before tax $850 $755 13%
Annualized investment yield, before tax 5.1% 4.8% 0.3
Annualized investment yield, before tax, excluding LPs1
4.6% 4.6% 0.0
Annualized LP yield, before tax 10.2% 6.7% 3.5
Annualized investment yield, after tax 4.1% 3.9% 0.2
[1] Denotes financial measure not calculated in accordance with generally accepted accounting principles (non-GAAP); definitions of non-GAAP measures and reconciliations to their closest U.S. GAAP measures can be found in this news release under the heading Discussion of Non-GAAP Financial Measures
Third quarter 2026 consolidated net investment income of $850 million increased from $755 million in third quarter 2025, primarily driven by increased income from LPs and a higher level of invested assets.
Third quarter 2026 net investment income, excluding LPs*, of $694 million, before tax, compared with $664 million in third quarter 2025, a 5% increase, primarily driven by a higher level of invested assets.
Third quarter 2026 included $156 million, before tax, of LP income which increased from $91 million in third quarter 2025, primarily driven by higher returns on infrastructure and energy transition funds within other funds and sales of underlying investments within real estate joint ventures. Annualized LP yield, before tax, of 10.2% increased from 6.7% in third quarter 2025.
Net realized losses of $116 million, before tax, in third quarter 2026 compared with net realized losses of $17 million, before tax, in third quarter 2025, primarily driven by losses on interest rate derivatives.
Total invested assets of $64.7 billion increased $1.2 billion from Dec. 31, 2025, primarily reflecting growth in the business and receipt of the $1.12 billion A&E ADC commutation amount, partially offset by an increase in net unrealized losses on fixed maturities, AFS, at fair value due to higher interest rates.
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CONFERENCE CALL
The Hartford will discuss its third quarter 2026 financial results on a webcast at 9:00 a.m. EDT on Tuesday, Oct. 27, 2026. The call can be accessed via a live listen-only webcast or as a replay through the Investor Relations section of The Hartford's website at https://ir.thehartford.com. The replay will be accessible approximately one hour after the conclusion of the call and be available along with a transcript of the event for at least one year.
More detailed financial information can be found in The Hartford's Investor Financial Supplement for Sept. 30, 2026, and the third quarter 2026 Financial Results Presentation, both of which are available at https://ir.thehartford.com.
About The Hartford
The Hartford is a leader in property and casualty insurance and employee benefits. By anticipating challenges and reducing risks our customers face, the company helps people and businesses thrive with confidence. Built on a foundation of trust, The Hartford is committed to strong performance, exceptional customer experiences and bold innovation, hallmarks of its sustained success since 1810.
The Hartford Insurance Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut. More information on the company and its financial performance is available at https://www.thehartford.com. For additional details, please read https://www.thehartford.com/legal-notice.
HIG-F
From time to time, The Hartford may use its website and/or social media channels to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at https://ir.thehartford.com. In addition, you may automatically receive email alerts and other information about The Hartford when you enroll your email address by visiting the “Email Alerts” section at https://ir.thehartford.com.
Media Contacts: Investor Contact:
Michelle Loxton Kate Jorens
860-547-7413 860-547-4066
michelle.loxton@thehartford.com kate.jorens@thehartford.com
Matthew Sturdevant
860-547-8664
matthew.sturdevant@thehartford.com
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THE HARTFORD INSURANCE GROUP, INC.
CONSOLIDATING INCOME STATEMENTS
Three Months Ended September 30, 2026
($ in millions)
Business Insurance Personal Insurance P&C
Other Ops Employee Benefits Corporate Consolidated
Earned premiums $ 3,775 $ 914 $ — $ 1,662 $ — $ 6,351
Fee income 12 7 — 57 11 87
Net investment income 589 67 22 154 18 850
Net realized gains (losses) (117) (15) (4) 15 5 (116)
Other revenue — 24 — — 24 48
Total revenues 4,259 997 18 1,888 58 7,220
Benefits, losses, and loss adjustment expenses 2,307 614 (497) 1,287 2 3,713
Amortization of DAC 600 70 — 9 — 679
Insurance operating costs and other expenses 549 193 2 417 16 1,177
Interest expense — — — — 50 50
Amortization of other intangible assets 7 1 — 10 — 18
Total benefits, losses and expenses 3,463 878 (495) 1,723 68 5,637
Income (loss) from continuing operations before income taxes 796 119 513 165 (10) 1,583
Income tax expense (benefit) 159 26 107 33 (4) 321
Income (loss) from continuing operations, net of tax 637 93 406 132 (6) 1,262
Income from discontinued operations, after tax — — — — 61 61
Net income 637 93 406 132 55 1,323
Preferred stock dividends — — — — 6 6
Net income available to common stockholders 637 93 406 132 49 1,317
Adjustments to reconcile net income available to common stockholders to core earnings (loss)
Net realized losses (gains), excluded from core earnings, before tax 116 15 4 (15) (7) 113
Integration and other non-recurring M&A costs, before tax 2 — — — — 2
Change in deferred gain on retroactive reinsurance, before tax — — (497) — — (497)
Income tax expense (benefit) (24) (3) 103 3 3 82
Income from discontinued operations, net of tax — — — — (61) (61)
Core earnings (loss) $ 731 $ 105 $ 16 $ 120 $ (16) $ 956
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THE HARTFORD INSURANCE GROUP, INC.
CONSOLIDATING INCOME STATEMENTS
Three Months Ended September 30, 2025
($ in millions)
Business Insurance Personal Insurance P&C
Other Ops Employee Benefits Corporate Consolidated
Earned premiums $ 3,540 $ 950 $ — $ 1,603 $ — $ 6,093
Fee income 11 8 — 55 10 84
Net investment income 519 67 19 136 14 755
Net realized gains (losses) (26) (4) — (8) 21 (17)
Other revenue — 25 — — 6 31
Total revenues 4,044 1,046 19 1,786 51 6,946
Benefits, losses, and loss adjustment expenses 2,030 598 — 1,163 2 3,793
Amortization of DAC 559 72 — 8 — 639
Insurance operating costs and other expenses 558 201 3 425 16 1,203
Interest expense — — — — 50 50
Amortization of other intangible assets 7 1 — 10 — 18
Total benefits, losses and expenses 3,154 872 3 1,606 68 5,703
Income (loss) from continuing operations before income taxes 890 174 16 180 (17) 1,243
Income tax expense (benefit) 180 35 4 36 (33) 222
Income from continuing operations, net of tax 710 139 12 144 16 1,021
Income from discontinued operations, net of tax — — — — 59 59
Net income 710 139 12 144 75 1,080
Preferred stock dividends — — — — 6 6
Net income available to common stockholders 710 139 12 144 69 1,074
Adjustments to reconcile net income available to common stockholders to core earnings (loss)
Net realized losses (gains), excluded from core earnings, before tax 23 5 — 8 (21) 15
Integration and other non-recurring M&A costs, before tax 2 — — — — 2
Change in deferred gain on retroactive reinsurance, before tax (8) — — — — (8)
Income tax expense (benefit) (4) (1) 2 (3) 4 (2)
Income from discontinued operations, net of tax — — — — (59) (59)
Core earnings (loss) $ 723 $ 143 $ 14 $ 149 $ (7) $ 1,022
11
The Hartford defines increases or decreases greater than or equal to 200%, or changes from a net gain to a net loss position, or vice versa, as "NM" or not meaningful.
DISCUSSION OF NON-GAAP FINANCIAL MEASURES
The Hartford uses non-GAAP financial measures in this news release to assist investors in analyzing the Company's operating performance for the periods presented herein. Because The Hartford's calculation of these measures may differ from similar measures used by other companies, investors should be careful when comparing The Hartford's non-GAAP financial measures to those of other companies. Definitions and calculations of other financial measures used in this news release can be found below and in The Hartford's Investor Financial Supplement for third quarter 2026, which is available on the investor relations section of The Hartford's website, https://ir.thehartford.com.
Annualized investment yield, excluding limited partnerships and other alternative investments - This non-GAAP measure is calculated as (a) the annualized net investment income, excluding limited partnerships and other alternative investments, divided by (b) the monthly average invested assets at amortized cost, as applicable, excluding derivatives book value and limited partnerships and other alternative investments. The Company believes that annualized investment yield, excluding limited partnerships and other alternative investments, provides investors with an important measure of the trend in investment earnings because it excludes the impact of the volatility in returns related to limited partnerships and other alternative investments. Annualized investment yield is the most directly comparable U.S GAAP measure. A reconciliation of annualized investment yield to annualized investment yield excluding limited partnerships and other alternative investments for the quarterly periods ended Sept. 30, 2026, and 2025 is provided in the table below.
Three Months Ended
Sept 30 2026 Sept 30 2025
Annualized investment yield 5.1 % 4.8 %
Adjustment for income from limited partnerships and other alternative investments (0.5) % (0.2) %
Annualized investment yield excluding limited partnerships and other alternative investments 4.6 % 4.6 %
12
Net investment income, excluding limited partnerships and other alternative investments-This non-GAAP measure is the amount of net investment income earned from invested assets, excluding the net investment income related to limited partnerships and other alternative investments. The Company believes that net investment income, excluding limited partnerships and other alternative investments, provides investors with an important measure of the trend in investment earnings because it excludes the impact of the volatility in returns related to limited partnerships and other alternative investments. Net investment income is the most directly comparable U.S. GAAP measure. A reconciliation of net investment income to net investment income excluding limited partnerships and other alternative investments for the quarterly periods ended Sept. 30, 2026, and 2025 is provided in the table below.
Three Months Ended
Sept 30 2026 Sept 30 2025
Total net investment income $ 850 $ 755
Adjustment for income from limited partnerships and other alternative investments $ (156) $ (91)
Net investment income excluding limited partnerships and other alternative investments $ 694 $ 664
13
Book value per diluted share (excluding AOCI) - This is a non-GAAP per share measure that is calculated by dividing (a) common stockholders' equity, excluding AOCI, after tax, by (b) common shares outstanding and dilutive potential common shares. The Company provides this measure to enable investors to analyze the amount of the Company's net worth that is primarily attributable to the Company's business operations. The Company believes that excluding AOCI from the numerator is useful to investors because it eliminates the effect of items that can fluctuate significantly from period to period, primarily based on changes in interest rates. Book value per diluted share is the most directly comparable U.S. GAAP measure. A reconciliation of book value per diluted share to book value per diluted share (excluding AOCI) is provided in the table below.
As of
Sept 30 2026 Dec 31 2025
Change
Book value per diluted share $68.31 $66.31 3.0%
Per diluted share impact of AOCI $14.16 $7.31 93.7%
Book value per diluted share (excluding AOCI) $82.47 $73.62 12.0%
As of
Sept 30 2026 Sept 30 2025
Change
Book value per diluted share $68.31 $63.86 7.0%
Per diluted share impact of AOCI $14.16 $7.06 100.6%
Book value per diluted share (excluding AOCI) $82.47 $70.92 16.3%
14
Core earnings - The Hartford uses the non-GAAP measure core earnings as an important measure of the Company’s operating performance. The Hartford believes that core earnings provides investors with a valuable measure of the performance of the Company’s ongoing businesses because it reveals trends in our insurance businesses that may be obscured by including the net effect of certain items. Therefore, the following items are excluded from core earnings:
•Certain realized gains and losses - Generally realized gains and losses are primarily driven by investment decisions and external economic developments, the nature and timing of which are unrelated to the insurance and underwriting aspects of our business. Accordingly, core earnings excludes the effect of realized gains and losses that tend to be highly variable from period to period based on capital market conditions. The Hartford believes, however, that some realized gains and losses are integrally related to our insurance operations, so core earnings includes net realized gains and losses such as net periodic settlements on credit derivatives. These net realized gains and losses are directly related to an offsetting item included in the income statement such as net investment income.
•Restructuring and other costs - Costs incurred as part of a restructuring plan are not a recurring operating expense of the business.
•Loss on extinguishment of debt - Largely consisting of make-whole payments or tender premiums upon paying debt off before maturity, these losses are not a recurring operating expense of the business.
•Gains and losses on reinsurance transactions - Gains or losses on reinsurance, such as those entered into upon sale of a business or to reinsure loss reserves, are not a recurring operating expense of the business.
•Integration and other non-recurring M&A costs - These costs, including transaction costs incurred in connection with an acquired business, are incurred over a short period of time and do not represent an ongoing operating expense of the business.
•Change in loss reserves upon acquisition of a business - These changes in loss reserves are excluded from core earnings because such changes could obscure the ability to compare results in periods after the acquisition to results of periods prior to the acquisition.
•Deferred gain resulting from retroactive reinsurance and subsequent changes in the deferred gain - Retroactive reinsurance agreements economically transfer risk to the reinsurers and excluding the deferred gain on retroactive reinsurance and related amortization of the deferred gain from core earnings provides greater insight into the economics of the business.
•Change in valuation allowance on deferred taxes related to non-core components of before tax income - These changes in valuation allowances are excluded from core earnings because they relate to non-core components of before tax income, such as tax attributes like capital loss carryforwards.
•Results of discontinued operations - These results are excluded from core earnings for businesses sold or held for sale because such results could obscure the ability to compare period over period results for our ongoing businesses.
In addition to the above components of net income available to common stockholders that are excluded from core earnings, preferred stock dividends declared, which are excluded from net income, are included in the determination of core earnings. Preferred stock dividends are a cost of financing more akin to interest expense on debt and are expected to be a recurring expense as long as the preferred stock is outstanding.
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Net income (loss) and net income (loss) available to common stockholders are the most directly comparable U.S. GAAP measures to core earnings. Core earnings should not be considered as a substitute for net income (loss) or net income (loss) available to common stockholders and does not reflect the overall profitability of the Company’s business. Therefore, The Hartford believes that it is useful for investors to evaluate net income (loss), net income (loss) available to common stockholders, and core earnings when reviewing the Company’s performance.
A reconciliation of net income (loss) to core earnings (loss) for the quarterly periods ended Sept. 30, 2026, and 2025, for individual reporting segments can be found in this news release under the heading "The Hartford Insurance Group, Inc. Consolidating Income Statements."
Core earnings margin - The Hartford uses the non-GAAP measure core earnings margin to evaluate, and believes it is an important measure of, the Employee Benefits segment's operating performance. Core earnings margin is calculated by dividing core earnings by revenues, excluding buyouts and realized (gains) losses. Net income margin, calculated by dividing net income by revenues, is the most directly comparable U.S. GAAP measure. The Company believes that core earnings margin provides investors with a valuable measure of the performance of Employee Benefits because it reveals trends in the business that may be obscured by the effect of buyouts and realized (gains) losses as well as other items excluded in the calculation of core earnings. Core earnings margin should not be considered as a substitute for net income margin and does not reflect the overall profitability of Employee Benefits. Therefore, the Company believes it is important for investors to evaluate both core earnings margin and net income margin when reviewing performance. A reconciliation of net income margin to core earnings margin for the quarterly periods ended Sept. 30, 2026 and 2025, is set forth below.
Three Months Ended
Sept 30 2026 Sept 30 2025 Change
Net income margin 7.0% 8.1% (1.1)
Adjustments to reconcile net income margin to core earnings margin:
Net realized (gains) losses, before tax (0.8%) 0.4% (1.2)
Income tax expense (benefit) on items excluded from core earnings 0.2% (0.2%) 0.4
Core earnings margin 6.4% 8.3% (1.9)
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Core earnings per diluted share - This non-GAAP per share measure is calculated using the non-GAAP financial measure core earnings rather than the U.S. GAAP measure net income. The Company believes that core earnings per diluted share provides investors with a valuable measure of the Company's operating performance for the same reasons applicable to its underlying measure, core earnings. Net income (loss) available to common stockholders per diluted common share is the most directly comparable U.S. GAAP measure. Core earnings per diluted share should not be considered as a substitute for net income (loss) available to common stockholders per diluted common share and does not reflect the overall profitability of the Company's business. Therefore, the Company believes that it is useful for investors to evaluate net income (loss) available to common stockholders per diluted common share and core earnings per diluted share when reviewing the Company's performance. A reconciliation of net income available to common stockholders per diluted share to core earnings per diluted share for the quarterly periods ended Sept. 30, 2026 and 2025 is provided in the table below.
Three Months Ended
Sept 30 2026 Sept 30 2025 Change
Per Share Data
Diluted earnings per common share:
Net income available to common stockholders per share1
$4.82 $3.77 28%
Adjustments made to reconcile net income available to common stockholders per diluted share to core earnings per diluted share:
Net realized losses, excluded from core earnings, before tax 0.41 0.05 NM
Integration and other non-recurring M&A costs, before tax 0.01 0.01 —%
Change in deferred gain on retroactive reinsurance, before tax (1.82) (0.03) NM
Income tax expense on items excluded from core earnings 0.30 — NM
Income from discontinued operations, net of tax (0.22) (0.21) (5%)
Core earnings per diluted share $3.50 $3.59 (3%)
[1] Net income available to common stockholders includes dilutive potential common shares
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Core Earnings Return on Equity - The Company provides different measures of the return on stockholders' equity (ROE). Core earnings ROE is calculated based on non-GAAP financial measures. Core earnings ROE is calculated by dividing (a) the non-GAAP measure core earnings for the prior four fiscal quarters by (b) the non-GAAP measure average common stockholders' equity, excluding AOCI. Net income ROE is the most directly comparable U.S. GAAP measure. The Company excludes AOCI in the calculation of core earnings ROE to provide investors with a measure of how effectively the Company is investing the portion of the Company's net worth that is primarily attributable to the Company's business operations. The Company provides to investors return on equity measures based on its non-GAAP core earnings financial measure for the reasons set forth in the core earnings definition. A quantitative reconciliation of net income available to common stockholders ROE to core earnings ROE is not calculable on a forward-looking basis because it is not possible to provide a reliable forecast of realized gains and losses, which typically vary substantially from period to period.
A reconciliation of consolidated net income available to common stockholders ROE to consolidated core earnings ROE is set forth below.
Three Months Ended
Sept 30 2026 Sept 30 2025
Net income available to common stockholders ROE 25.0% 20.3%
Adjustments to reconcile net income available to common stockholders ROE to core earnings ROE:
Net realized losses excluded from core earnings, before tax 0.8% 0.5%
Integration and other non-recurring M&A costs, before tax —% —%
Change in deferred gain on retroactive reinsurance, before tax (2.9)% (0.3)%
Income tax benefit on items not included in core earnings 0.4% —%
Impact of AOCI, excluded from denominator of core earnings ROE (2.7)% (2.1%)
Income from discontinued operations, net of tax (2.7)% (1.1%)
Core earnings ROE 17.9% 17.3%
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Underlying combined ratio- This non-GAAP financial measure of underwriting results represents the combined ratio before catastrophes, prior accident year development and current accident year change in loss reserves upon acquisition of a business. Combined ratio is the most directly comparable U.S. GAAP measure. The Company believes this ratio is an important measure of the trend in profitability since it removes the impact of volatile and unpredictable catastrophe losses and prior accident year loss and loss adjustment expense reserve development. The changes to loss reserves upon acquisition of a business are excluded from underlying combined ratio because such changes could obscure the ability to compare results in periods after the acquisition to results of periods prior to the acquisition as such trends are valuable to our investors' ability to assess the Company's financial performance. A reconciliation of the combined ratio to the underlying combined ratio for individual reporting segments can be found in this news release under the heading "Business Results" for "Business Insurance" and "Personal Insurance". A reconciliation of the combined ratio to underlying combined ratio for lines of business within the Company's P&C reporting segments is set forth below.
SMALL BUSINESS
Three Months Ended
Sept 30 2026 Sept 30 2025 Change
Combined ratio 84.5 87.9 (3.4)
Adjustment to reconcile combined ratio to underlying combined ratio:
Current accident year catastrophes (2.5) (1.3) (1.2)
Prior accident year development 3.2 3.2 —
Underlying combined ratio 85.2 89.8 (4.6)
MIDDLE & LARGE BUSINESS
Three Months Ended
Sept 30 2026 Sept 30 2025 Change
Combined ratio 101.7 90.8 10.9
Adjustment to reconcile combined ratio to underlying combined ratio:
Current accident year catastrophes (2.5) — (2.5)
Prior accident year development 0.3 0.6 (0.3)
Underlying combined ratio 99.5 91.4 8.1
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GLOBAL SPECIALTY
Three Months Ended
Sept 30 2026 Sept 30 2025 Change
Combined ratio 89.1 86.9 2.2
Adjustment to reconcile combined ratio to underlying combined ratio:
Current accident year catastrophes (3.9) (2.2) (1.7)
Prior accident year development 0.8 1.1 (0.3)
Underlying combined ratio 86.1 85.8 0.3
PERSONAL AUTOMOBILE
Three Months Ended
Sept 30 2026 Sept 30 2025 Change
Combined ratio 92.3 92.5 (0.2)
Adjustment to reconcile combined ratio to underlying combined ratio:
Current accident year catastrophes (1.4) (0.6) (0.8)
Prior accident year development 5.1 6.0 (0.9)
Underlying combined ratio 96.0 97.9 (1.9)
HOMEOWNERS
Three Months Ended
Sept 30 2026 Sept 30 2025 Change
Combined ratio 94.7 81.2 13.5
Adjustment to reconcile combined ratio to underlying combined ratio:
Current accident year catastrophes (25.3) (8.3) (17.0)
Prior accident year development 2.1 1.6 0.5
Underlying combined ratio 71.5 74.4 (2.9)
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Underwriting gain (loss) -This non-GAAP financial measure is a before tax measure that represents earned premiums less incurred losses, loss adjustment expenses and underwriting expenses. Net income (loss) is the most directly comparable U.S. GAAP measure. The Hartford's management evaluates profitability of the Business and Personal Insurance segments primarily on the basis of underwriting gain or loss. Underwriting gain (loss) is influenced significantly by earned premium growth and the adequacy of The Hartford's pricing. Underwriting profitability over time is also greatly influenced by The Hartford's underwriting discipline, as management strives to manage exposure to loss through favorable risk selection and diversification, effective management of claims, use of reinsurance and its ability to manage its expenses. The Hartford believes that underwriting gain (loss) provides investors with a valuable measure of profitability, before tax, derived from underwriting activities, which are managed separately from the Company's investing activities. Reconciliations of net income (loss) to underwriting gain (loss) for the quarterly periods ended Sept. 30, 2026 and 2025, is set forth below.
Underlying underwriting gain (loss) - This non-GAAP measure of underwriting profitability represents underwriting gain (loss) before current accident year catastrophes, PYD and current accident year change in loss reserves upon acquisition of a business. The most directly comparable U.S. GAAP measure is net income (loss). The Company believes underlying underwriting gain (loss) is important to understand the Company’s periodic earnings because the volatile and unpredictable nature (i.e., the timing and amount) of catastrophes and prior accident year reserve development could obscure underwriting trends. The changes to loss reserves upon acquisition of a business are also excluded from underlying underwriting gain (loss) because such changes could obscure the ability to compare results in periods after the acquisition to results of periods prior to the acquisition as such trends are valuable to our investors' ability to assess the Company's financial performance. Reconciliations of net income (loss) to underlying underwriting gain for individual reporting segments for the quarterly periods ended Sept. 30, 2026 and 2025, is set forth below.
BUSINESS INSURANCE
Three Months
Ended
Sept 30 2026 Sept 30 2025
Net income $ 637 $ 710
Adjustments to reconcile net income to underwriting gain:
Net investment income (589) (519)
Net realized losses 117 26
Other (income) expense 3 —
Income tax expense 159 180
Underwriting gain 327 397
Adjustments to reconcile underwriting gain to underlying underwriting gain:
Current accident year catastrophes 106 39
Prior accident year development (61) (60)
Underlying underwriting gain $ 372 $ 376
21
PERSONAL INSURANCE
Three Months
Ended
Sept 30 2026 Sept 30 2025
Net income $ 93 $ 139
Adjustments to reconcile net income to underwriting gain:
Net investment income (67) (67)
Net realized losses 15 4
Net servicing and other (income) expense
(5) (4)
Income tax expense
26 35
Underwriting gain 62 107
Adjustments to reconcile underwriting gain to underlying underwriting gain:
Current accident year catastrophes 92 31
Prior accident year development (36) (43)
Underlying underwriting gain $ 118 $ 95
22
Underlying loss and loss adjustment expense ratio - This non-GAAP financial measure is the cost of non-catastrophe loss and loss adjustment expenses incurred in the current accident year divided by earned premiums. The loss and loss adjustment expense ratio is the most directly comparable U.S. GAAP measure. Management believes that the underlying loss and loss adjustment expense ratio is a performance measure that is useful to investors as it removes the impact of volatile and unpredictable catastrophe losses and prior accident year development ("PYD"). Reconciliations of the loss and loss adjustment expense ratio to the underlying loss and loss adjustment expense ratio for the quarterly periods ended Sept. 30, 2026 and 2025, is set forth below.
PROPERTY & CASUALTY
Three Months Ended
Sep 30 2026 Sep 30 2025 Change
Loss and loss adjustment expense ratio 51.7 58.5 (6.8)
Adjustment to reconcile loss and loss adjustment expense ratio to underlying loss and loss adjustment expense ratio:
Current accident year catastrophes and prior accident year development 8.5 0.7 7.8
Underlying loss and loss adjustment expense ratio 60.1 59.3 0.8
BUSINESS INSURANCE
Three Months Ended
Sep 30 2026 Sep 30 2025 Change
Loss and loss adjustment expense ratio 61.1 57.3 3.8
Adjustment to reconcile loss and loss adjustment expense ratio to underlying loss and loss adjustment expense ratio:
Current accident year catastrophes and prior accident year development (1.2) 0.6 (1.8)
Underlying loss and loss adjustment expense ratio 59.9 57.9 2.0
PERSONAL INSURANCE
Three Months Ended
Sep 30 2026 Sep 30 2025 Change
Loss and loss adjustment expense ratio 67.2 62.9 4.3
Adjustment to reconcile loss and loss adjustment expense ratio to underlying loss and loss adjustment expense ratio:
Current accident year catastrophes and prior accident year development (6.2) 1.2 (7.4)
Underlying loss and loss adjustment expense ratio 61.1 64.2 (3.1)
23
PERSONAL INSURANCE - AUTOMOBILE
Three Months Ended
Sep 30 2026 Sep 30 2025 Change
Loss and loss adjustment expense ratio 66.7 67.1 (0.4)
Adjustment to reconcile loss and loss adjustment expense ratio to underlying loss and loss adjustment expense ratio:
Current accident year catastrophes and prior accident year development 3.6 5.3 (1.7)
Underlying loss and loss adjustment expense ratio 70.3 72.3 (2.0)
PERSONAL INSURANCE - HOMEOWNERS
Three Months Ended
Sep 30 2026 Sep 30 2025 Change
Loss and loss adjustment expense ratio 67.9 54.5 13.4
Adjustment to reconcile loss and loss adjustment expense ratio to underlying loss and loss adjustment expense ratio:
Current accident year catastrophes and prior accident year development (23.2) (6.7) (16.5)
Underlying loss and loss adjustment expense ratio 44.7 47.8 (3.1)
24
SAFE HARBOR STATEMENT
Certain of the statements contained herein are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “expects,” “projects,” and similar references to future periods.
Forward-looking statements are based on management's current expectations and assumptions regarding future economic, competitive, legislative and other developments and their potential effect upon The Hartford Insurance Group, Inc. and its subsidiaries (collectively, the "Company" or "The Hartford"). Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual results could differ materially from expectations depending on the evolution of various factors, including the risks and uncertainties identified below, as well as factors described in such forward-looking statements; or in The Hartford’s 2025 Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and our other filings with the Securities and Exchange Commission.
◦Risks Relating to Economic, Political and Global Market Conditions: challenges related to the Company’s current operating environment, including global political, economic and market conditions, and the effect of financial market disruptions, economic downturns, changes in trade regulation including tariffs and other barriers or other potentially adverse macroeconomic developments on the demand for our products and returns in our investment portfolios; market risks associated with our business, including changes in credit spreads, equity prices, interest rates, inflation rate, foreign currency exchange rates and market volatility; the impact on our investment portfolio if our investment portfolio is concentrated in any particular segment of the economy; the impacts of changing climate and weather patterns on our businesses, operations and investment portfolio including on claims, demand and pricing of our products, the availability and cost of reinsurance, our modeling data used to evaluate and manage risks of catastrophes and severe weather events, the value of our investment portfolios and credit risk with reinsurers and other counterparties;
◦Insurance Industry and Product-Related Risks: the possibility of unfavorable loss development, including with respect to long-tailed exposures; the significant uncertainties that limit our ability to estimate the ultimate reserves necessary for asbestos and environmental claims; the possibility of a pandemic, civil unrest, earthquake, or other natural or man-made disaster that may adversely affect our businesses; weather and other natural physical events, including the intensity and frequency of thunderstorms, tornadoes, hail, wildfires, flooding, winter storms, hurricanes and tropical storms, as well as climate change and its potential impact on weather patterns; the possible occurrence of terrorist attacks and the Company’s inability to contain its exposure as a result of, among other factors, the inability to exclude coverage for terrorist attacks from workers' compensation policies and limitations on reinsurance coverage from the federal government under applicable laws; the Company’s ability to effectively price its products and policies, including its ability to obtain regulatory consents to pricing actions or to non-renewal or withdrawal of certain product lines; actions by competitors that may be larger or have greater financial resources than we do; technological changes, including usage-based methods of determining premiums, advancements in certain emerging technologies, including machine learning, predictive analytics, “big data” analysis or other artificial intelligence functions, advancements in automotive safety features, the development of autonomous vehicles, and platforms that facilitate ride sharing could provide our competitors with a competitive advantage and could impact the rate and severity of claims, as well as the demand for our products; the
25
Company's ability to market, distribute and provide insurance products and investment advisory services through current and future distribution channels and advisory firms; the uncertain effects of emerging claim and coverage issues; political instability, politically motivated violence or civil unrest, which may increase the frequency and severity of insured losses;
Financial Strength, Credit and Counterparty Risks: risks to our business, financial position, prospects and results associated with negative rating actions or downgrades in the Company’s financial strength and credit ratings or negative rating actions or downgrades relating to our investments; capital requirements which are subject to many factors, including many that are outside the Company’s control, such as National Association of Insurance Commissioners ("NAIC") risk based capital formulas, rating agency capital models, Funds at Lloyd's and Solvency Capital Requirement, which can in turn affect our credit and financial strength ratings, cost of capital, regulatory compliance and other aspects of our business and results; losses due to nonperformance or defaults by others, including credit risk with counterparties associated with investments, derivatives, premiums receivable, reinsurance recoverables and indemnifications provided by third parties in connection with previous dispositions; the potential for losses due to our reinsurers' unwillingness or inability to meet their obligations under reinsurance contracts and the availability, pricing and adequacy of reinsurance to protect the Company against losses; state and international regulatory limitations on the ability of the Company and certain of its subsidiaries to declare and pay dividends;
Risks Relating to Estimates, Assumptions and Valuations: risks associated with the use of analytical models in making decisions in key areas such as underwriting, pricing, capital management, reserving, investments, reinsurance and catastrophe risk management; the potential for differing interpretations of the methodologies, estimations and assumptions that underlie the Company’s fair value estimates for its investments and the evaluation of intent-to-sell impairments and allowance for credit losses on available-for-sale securities and mortgage loans; the potential for impairments of our goodwill;
Strategic and Operational Risks: the Company’s ability to maintain the availability of its systems and safeguard the security of its data in the event of a disaster, cyber breach or other information security incident, technology failure or other unanticipated event; the potential for difficulties arising from outsourcing, including vendors and similar third-party relationships; the risks, challenges and uncertainties associated with capital management plans, expense reduction initiatives and other actions; risks associated with acquisitions and divestitures, including the challenges of integrating acquired companies or businesses, which may result in our inability to achieve the anticipated benefits and synergies and may result in unintended consequences; difficulty in attracting and retaining talented and qualified personnel, including key employees, such as executives, managers and employees with strong technological, analytical and other specialized skills; the Company’s ability to protect its intellectual property and defend against claims of infringement;
Regulatory and Legal Risks: the cost and other potential effects of increased federal, state and international regulatory and legislative developments, including those that could adversely impact the demand for the Company’s products, operating costs and required capital levels; unfavorable judicial or legislative developments; the impact of changes in federal, state or foreign tax laws; regulatory requirements that could delay, deter or prevent a takeover attempt that stockholders might consider in their best interests; and the impact of potential changes in accounting principles and related financial reporting requirements.
Any forward-looking statement made by the Company in this document speaks only as of the date of this release. Factors or events that could cause the Company’s actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. The
26
Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise.
27
EX-99.2
EX-99.2
Filename: ex992ifs9302026.htm · Sequence: 3
Document
The Hartford Insurance Group, Inc.
As of October 23, 2026
Address:
One Hartford Plaza A.M. Best Standard & Poor’s Moody’s
Hartford, CT 06155 Insurance Financial Strength Ratings:
Hartford Fire Insurance Company A+ AA- Aa3
Hartford Life and Accident Insurance Company A+ AA- A1
Navigators Insurance Company A+ AA- NR
- Hartford Fire Insurance Company and Hartford Life and Accident Insurance Company ratings are on stable outlook at A.M. Best, Standard and Poor's and Moody's
- Navigators Insurance Company ratings are on stable outlook at A.M. Best and Standard and Poor's
Internet address: NR - Not Rated
http://www.thehartford.com
Other Ratings:
Contact: Senior debt a A- A3
Kate Jorens Junior subordinated debentures bbb+ BBB Baa1
SVP, Treasurer & Head of Investor Relations Preferred stock bbb+ BBB Baa2
Phone (860) 547-4066
-The Hartford Insurance Group, Inc. senior debt, junior subordinated debentures, and preferred stock are on stable outlook at A.M. Best, Standard and Poor’s and Moody’s
Transfer Agent
Stockholder correspondence should be mailed to: Overnight correspondence should be mailed to:
Computershare Computershare
P.O. Box 505000 462 South 4th Street, Suite 1600
Louisville, KY 40233 Louisville, KY 40202
Common stock and preferred stock of The Hartford Insurance Group, Inc. are traded on the New York Stock Exchange under the symbols “HIG” and "HIG PR G", respectively. This report is for information purposes only. It should be read in conjunction with documents filed by The Hartford Insurance Group, Inc. with the U.S. Securities and Exchange Commission, including, without limitation, the most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
The Hartford Insurance Group, Inc.
Investor Financial Supplement
Table of Contents
Consolidated
Consolidated Financial Results
1
Consolidated Statements of Operations
2
Operating Results by Segment
3
Consolidating Balance Sheets
4
Capital Structure
5
Statutory Capital to U.S. GAAP Stockholders’ Equity Reconciliation
6
Accumulated Other Comprehensive Income (Loss)
7
Property & Casualty
Property & Casualty Income Statements
8
Property & Casualty Income Statements (Continued)
9
Property & Casualty Underwriting Ratios
10
Business Insurance Income Statements
11
Business Insurance Income Statements (Continued)
12
Business Insurance Underwriting Ratios
13
Business Insurance Supplemental Data
14
Personal Insurance Income Statements
15
Personal Insurance Income Statements (Continued)
16
Personal Insurance Underwriting Ratios
17
Personal Insurance Supplemental Data
18
Personal Insurance Supplemental Data (Continued)
19
P&C Other Operations Income Statements
20
Employee Benefits
Income Statements
21
Supplemental Data
22
Corporate
Income Statements
23
Investments
Investment Income Before Tax - Consolidated
24
Investment Income Before Tax - Property & Casualty
25
Investment Income Before Tax - Employee Benefits
26
Net Investment Income
27
Components of Net Realized Gains (Losses)
28
Composition of Invested Assets
29
Invested Asset Exposures
30
Appendix
Basis of Presentation and Definitions
31
Discussion of Non-GAAP Financial Measures
32
Table of Contents
The Hartford Insurance Group, Inc.
Consolidated Financial Results
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Highlights
Net income $ 1,323 $ 1,298 $ 856 $ 1,131 $ 1,080 $ 995 $ 630 $ 3,477 $ 2,705
Net income available to common stockholders [1] $ 1,317 $ 1,293 $ 851 $ 1,126 $ 1,074 $ 990 $ 625 $ 3,461 $ 2,689
Core earnings* $ 956 $ 945 $ 812 $ 1,087 $ 1,022 $ 932 $ 592 $ 2,713 $ 2,546
Total revenues $ 7,220 $ 7,263 $ 6,941 $ 7,047 $ 6,946 $ 6,716 $ 6,546 $ 21,424 $ 20,208
Total assets $ 87,141 $ 87,983 $ 86,356 $86,029 $ 85,027 $ 83,671 $ 82,339
Per Share and Shares Data
Basic earnings per common share
Income from continuing operations, net of tax, available to common stockholders $ 4.65 $ 3.57 $ 2.89 $ 3.83 $ 3.61 $ 3.29 $ 2.02 $ 11.09 $ 8.91
Net income available to common stockholders $ 4.88 $ 4.73 $ 3.08 $ 4.05 $ 3.82 $ 3.49 $ 2.18 $ 12.67 $ 9.48
Core earnings* $ 3.54 $ 3.46 $ 2.94 $ 3.91 $ 3.64 $ 3.29 $ 2.07 $ 9.93 $ 8.97
Diluted earnings per common share
Income from continuing operations, net of tax, available to common stockholders $ 4.60 $ 3.53 $ 2.85 $ 3.76 $ 3.56 $ 3.24 $ 1.99 $ 10.96 $ 8.78
Net income available to common stockholders $ 4.82 $ 4.68 $ 3.04 $ 3.98 $ 3.77 $ 3.44 $ 2.15 $ 12.52 $ 9.34
Core earnings* $ 3.50 $ 3.42 $ 2.90 $ 3.85 $ 3.59 $ 3.24 $ 2.04 $ 9.81 $ 8.85
Weighted average common shares outstanding (basic) 270.0 273.3 276.1 278.3 280.9 283.7 286.6 273.1 283.7
Dilutive effect of stock compensation 3.1 3.0 3.8 4.3 4.1 4.0 4.2 3.4 4.1
Weighted average common shares outstanding and dilutive potential common shares (diluted) 273.1 276.3 279.9 282.6 285.0 287.7 290.8 276.5 287.8
Common shares outstanding 268.3 271.6 274.9 276.9 279.6 282.3 285.1
Book value per common share $ 69.10 $ 71.06 $ 67.50 $ 67.33 $ 64.79 $ 60.87 $ 57.91
Per common share impact of accumulated other comprehensive income [2] 14.32 8.73 8.79 7.43 7.17 8.45 9.05
Book value per common share (excluding AOCI)* $ 83.42 $ 79.79 $ 76.29 $ 74.76 $ 71.96 $ 69.32 $ 66.96
Book value per diluted share $ 68.31 $ 70.28 $ 66.58 $ 66.31 $ 63.86 $ 60.02 $ 57.07
Per diluted share impact of AOCI 14.16 8.63 8.67 7.31 7.06 8.33 8.92
Book value per diluted share (excluding AOCI)* $ 82.47 $ 78.91 $ 75.25 $ 73.62 $ 70.92 $ 68.35 $ 65.99
Common shares outstanding and dilutive potential common shares 271.4 274.6 278.7 281.2 283.7 286.3 289.3
Return on Common Stockholders' Equity ("ROE")
Net income available to common stockholders' ROE ("Net income ROE") 25.0 % 23.8 % 23.0 % 22.0 % 20.3 % 19.8 % 18.8 %
Core earnings ROE* 17.9 % 18.7 % 19.2 % 18.3 % 17.3 % 16.0 % 15.1 %
[1]Net income available to common stockholders includes the impact of preferred stock dividends.
[2]Accumulated other comprehensive income ("AOCI") represents net of tax unrealized gain (loss) on fixed maturities, net gain (loss) on cash flow hedging instruments, foreign currency translation adjustments, liability for future policy benefits adjustments, and pension and other postretirement benefit plan adjustments.
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Table of Contents
The Hartford Insurance Group, Inc.
Consolidated Statements of Operations
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Earned premiums $ 6,351 $ 6,279 $ 6,145 $ 6,141 $ 6,093 $ 5,961 $ 5,835 $ 18,775 $ 17,889
Fee income 87 86 87 84 84 86 86 260 256
Net investment income 850 800 734 825 755 658 652 2,384 2,065
Net realized gains (losses) (116) 64 (52) (30) (17) (19) (49) (104) (85)
Other revenues 48 34 27 27 31 30 22 109 83
Total revenues 7,220 7,263 6,941 7,047 6,946 6,716 6,546 21,424 20,208
Benefits, losses and loss adjustment expenses [1] 3,713 4,081 3,998 3,733 3,793 3,712 4,000 11,792 11,505
Amortization of deferred policy acquisition costs ("DAC") 679 669 656 645 639 625 607 2,004 1,871
Insurance operating costs and other expenses 1,177 1,215 1,228 1,267 1,203 1,138 1,147 3,620 3,488
Interest expense 50 50 50 49 50 50 50 150 150
Amortization of other intangible assets 18 17 18 18 18 17 18 53 53
Total benefits, losses and expenses 5,637 6,032 5,950 5,712 5,703 5,542 5,822 17,619 17,067
Income from continuing operations before income taxes 1,583 1,231 991 1,335 1,243 1,174 724 3,805 3,141
Income tax expense 321 251 187 266 222 236 140 759 598
Income from continuing operations, net of tax 1,262 980 804 1,069 1,021 938 584 3,046 2,543
Income from discontinued operations, net of tax 61 318 52 62 59 57 46 431 162
Net income 1,323 1,298 856 1,131 1,080 995 630 3,477 2,705
Preferred stock dividends 6 5 5 5 6 5 5 16 16
Net income available to common stockholders 1,317 1,293 851 1,126 1,074 990 625 3,461 2,689
Adjustments to reconcile net income available to common stockholders to core earnings:
Net realized (gains) losses, excluded from core earnings, before tax 113 (40) 51 30 15 19 47 124 81
Integration and other non-recurring M&A costs, before tax [2] 2 3 1 1 2 2 2 6 6
Change in deferred gain on retroactive reinsurance, before tax [1] (497) — (36) — (8) (24) (32) (533) (64)
Income tax expense (benefit) [3] 82 7 (3) (8) (2) 2 (4) 86 (4)
Income from discontinued operations, net of tax (61) (318) (52) (62) (59) (57) (46) (431) (162)
Core earnings $ 956 $ 945 $ 812 $ 1,087 $ 1,022 $ 932 $ 592 $ 2,713 $ 2,546
[1]Includes a $497 benefit in both the three and nine months ended September 30, 2026, resulting from the Company entering into a Reinsurance Commutation and Release Agreement with National Indemnity Company, a subsidiary of Berkshire Hathaway Inc. in the third quarter of 2026, resulting in the commutation and termination of the asbestos and environmental adverse development cover (“A&E ADC”) agreement and resolution of the arbitration dispute associated with the A&E ADC agreement.
[2]Includes integration costs in connection with the 2019 acquisition of Navigators Group.
[3]Primarily represents federal income tax expense (benefit) related to before tax items not included in core earnings.
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Table of Contents
The Hartford Insurance Group, Inc.
Operating Results By Segment
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Net income (loss):
Business Insurance $ 637 $ 704 $ 536 $ 897 $ 710 $ 696 $ 477 $ 1,877 $ 1,883
Personal Insurance 93 130 139 212 139 91 5 362 235
Property & Casualty Other Operations ("P&C Other Operations") 406 17 42 (141) 12 13 13 465 38
Property & Casualty ("P&C") 1,136 851 717 968 861 800 495 2,704 2,156
Employee Benefits 132 147 118 130 144 150 133 397 427
Sub-total 1,268 998 835 1,098 1,005 950 628 3,101 2,583
Corporate [1] 55 300 21 33 75 45 2 376 122
Net income 1,323 1,298 856 1,131 1,080 995 630 3,477 2,705
Preferred stock dividends 6 5 5 5 6 5 5 16 16
Net income available to common stockholders $ 1,317 $ 1,293 $ 851 $ 1,126 $ 1,074 $ 990 $ 625 $ 3,461 $ 2,689
Core earnings (loss):
Business Insurance $ 731 $ 695 $ 551 $ 915 $ 723 $ 697 $ 471 $ 1,977 $ 1,891
Personal Insurance 105 128 141 214 143 94 6 374 243
P&C Other Operations 16 17 14 (140) 14 14 13 47 41
P&C 852 840 706 989 880 805 490 2,398 2,175
Employee Benefits 120 139 127 138 149 163 136 386 448
Sub-total 972 979 833 1,127 1,029 968 626 2,784 2,623
Corporate (16) (34) (21) (40) (7) (36) (34) (71) (77)
Core earnings $ 956 $ 945 $ 812 $ 1,087 $ 1,022 $ 932 $ 592 $ 2,713 $ 2,546
[1] For all periods presented, includes income from discontinued operations from the Company's Hartford Funds business accounted for as held for sale.
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Table of Contents
The Hartford Insurance Group, Inc.
Consolidating Balance Sheets
Property & Casualty Employee Benefits Corporate [1] [2] Consolidated
Sept 30 2026 Dec 31 2025 Sept 30 2026 Dec 31 2025 Sept 30 2026 Dec 31 2025 Sept 30 2026 Dec 31 2025
Investments
Fixed maturities, available-for-sale ("AFS"), at fair value $ 38,219 $ 37,689 $ 7,505 $ 8,157 $ 178 $ 195 $ 45,902 $ 46,041
Fixed maturities, at fair value using the fair value option 95 127 28 41 — — 123 168
Equity securities, at fair value 182 121 40 23 313 278 535 422
Mortgage loans, net 5,673 5,263 1,508 1,574 — — 7,181 6,837
Limited partnerships and other alternative investments 4,989 4,503 1,258 1,186 116 115 6,363 5,804
Other investments 219 212 7 6 — — 226 218
Short-term investments 2,158 2,104 692 365 1,540 1,535 4,390 4,004
Total investments 51,535 50,019 11,038 11,352 2,147 2,123 64,720 63,494
Cash 106 117 12 — 5 5 123 122
Restricted cash 54 42 1 2 — — 55 44
Accrued investment income 410 378 101 94 1 1 512 473
Premiums receivable and agents’ balances, net 6,159 5,727 610 589 — — 6,769 6,316
Reinsurance recoverables, net [3] 5,075 6,684 321 294 205 213 5,601 7,191
Deferred policy acquisition costs ("DAC") 1,455 1,309 38 38 — — 1,493 1,347
Deferred income taxes 670 485 38 (32) 719 484 1,427 937
Goodwill 778 778 723 723 138 138 1,639 1,639
Property and equipment, net 795 822 56 59 13 43 864 924
Other intangible assets 258 280 246 276 — — 504 556
Other assets 1,888 1,626 143 169 442 327 2,473 2,122
Assets held for sale — — — — 961 864 961 864
Total assets $ 69,183 $ 68,267 $ 13,327 $ 13,564 $ 4,631 $ 4,198 $ 87,141 $ 86,029
Unpaid losses and loss adjustment expenses $ 39,449 $ 38,155 $ 8,265 $ 8,113 $ — $ — $ 47,714 $ 46,268
Reserves for future policy benefits [3] — — 281 291 140 153 421 444
Other policyholder funds and benefits payable [3] — — 408 409 194 203 602 612
Unearned premiums 10,765 10,012 41 41 — — 10,806 10,053
Debt — — — — 4,375 4,371 4,375 4,371
Other liabilities 2,286 3,060 242 227 1,599 1,839 4,127 5,126
Liabilities held for sale — — — — 223 176 223 176
Total liabilities 52,500 51,227 9,237 9,081 6,531 6,742 68,268 67,050
Common stockholders' equity, excluding AOCI* 18,541 17,450 4,639 4,678 (798) (1,426) 22,382 20,702
Preferred stock — — — — 334 334 334 334
AOCI, net of tax (1,858) (410) (549) (195) (1,436) (1,452) (3,843) (2,057)
Total stockholders' equity 16,683 17,040 4,090 4,483 (1,900) (2,544) 18,873 18,979
Total liabilities and stockholders' equity $ 69,183 $ 68,267 $ 13,327 $ 13,564 $ 4,631 $ 4,198 $ 87,141 $ 86,029
[1]Corporate includes fixed maturities, short-term investments, investment sales receivable and cash of approximately $1.5 billion and $1.5 billion as of September 30, 2026 and December 31, 2025, respectively, held by the holding company of The Hartford Insurance Group, Inc. Corporate also includes investments held by Hartford Life and Accident Insurance Company ("HLA") that support reserves for run-off structured settlement and terminal funding agreement liabilities.
[2]Corporate includes discontinued operations from the Company's Hartford Funds business accounted for as held for sale.
[3]Corporate includes retained reserves and reinsurance recoverables for the run-off life and annuity business sold in May 2018.
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Table of Contents
The Hartford Insurance Group, Inc.
Capital Structure
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025
Debt
Senior notes $ 3,876 $ 3,875 $ 3,873 $ 3,872 $ 3,871 $ 3,870 $ 3,869
Junior subordinated debentures 499 499 499 499 499 499 499
Total debt $ 4,375 $ 4,374 $ 4,372 $ 4,371 $ 4,370 $ 4,369 $ 4,368
Stockholders' Equity
Total stockholders’ equity $ 18,873 $ 19,633 $ 18,889 $ 18,979 $ 18,450 $ 17,518 $ 16,844
Less: Preferred stock 334 334 334 334 334 334 334
Less: AOCI (3,843) (2,371) (2,416) (2,057) (2,003) (2,384) (2,580)
Common stockholders' equity, excluding AOCI $ 22,382 $ 21,670 $ 20,971 $ 20,702 $ 20,119 $ 19,568 $ 19,090
Capitalization
Total capitalization, including AOCI, net of tax $ 23,248 $ 24,007 $ 23,261 $ 23,350 $ 22,820 $ 21,887 $ 21,212
Total capitalization, excluding AOCI, net of tax* $ 27,091 $ 26,378 $ 25,677 $ 25,407 $ 24,823 $ 24,271 $ 23,792
Debt to Capitalization Ratios
Total debt to capitalization, including AOCI 18.8 % 18.2 % 18.8 % 18.7 % 19.1 % 20.0 % 20.6 %
Total debt to capitalization, excluding AOCI* 16.1 % 16.6 % 17.0 % 17.2 % 17.6 % 18.0 % 18.4 %
Total debt and preferred stock to capitalization, including AOCI 20.3 % 19.6 % 20.2 % 20.1 % 20.6 % 21.5 % 22.2 %
Total debt and preferred stock to capitalization, excluding AOCI* 17.4 % 17.8 % 18.3 % 18.5 % 19.0 % 19.4 % 19.8 %
Total rating agency adjusted debt to capitalization [1] [2] 19.6 % 19.0 % 19.6 % 19.5 % 20.0 % 20.8 % 21.5 %
Fixed Charge Coverage Ratios
Total earnings to total fixed charges [3] 23.0:1 20.5:1 19.5:1 21.6:1 20.3:1 18.8:1 14.7:1
[1]The leverage calculation reflects adjustments, as applicable, related to defined benefit plans' unfunded pension liability, lease liabilities and uncollateralized letters of credit for Lloyd's of London for a total adjustment of $0.3 billion as of both September 30, 2026 and 2025.
[2]Results reflect 50% equity credit for the Company's outstanding junior subordinated debentures and the Company’s outstanding preferred stock based on the rating agency methodology.
[3]Calculated as year to date total earnings divided by year to date total fixed charges. Total earnings represent income before income taxes and total fixed charges (excluding the impact of preferred stock dividends), less undistributed earnings from limited partnerships and other alternative investments. Total fixed charges include interest expense, preferred stock dividends, interest factor attributable to rent expense, capitalized interest and amortization of debt issuance costs.
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Table of Contents
The Hartford Insurance Group, Inc.
Statutory Capital To U.S. GAAP Stockholders' Equity Reconciliation
September 30, 2026
P&C Employee Benefits
U.S. statutory net income [1][2] $ 1,866 $ 403
U.S. statutory capital [2][3][4] $ 14,781 $ 2,630
U.S. GAAP adjustments [2]:
DAC 1,402 38
Non-admitted deferred tax assets [5] 224 123
Deferred taxes [6] (291) (255)
Goodwill 157 723
Other intangible assets 18 246
Non-admitted assets other than deferred taxes 853 112
Asset valuation and interest maintenance reserve — 276
Benefit reserves (51) 478
Unrealized losses on investments (2,217) (1,288)
Other, net 657 1,007
U.S. GAAP stockholders’ equity of U.S. insurance entities [2] 15,533 4,090
U.S. GAAP stockholders’ equity of international subsidiaries as well as goodwill and other intangible assets related to the acquisition of Navigators Group 1,150 —
Total U.S. GAAP stockholders’ equity $ 16,683 $ 4,090
[1]Statutory net income is for the nine months ended September 30, 2026.
[2]Excludes insurance operations based in the U.K.
[3]For reporting purposes, statutory capital and surplus is referred to collectively as "statutory capital."
[4]The statutory capital for property and casualty insurance subsidiaries in this table does not include the value of an intercompany note owed by Hartford Holdings, Inc. ("HHI") to Hartford Fire Insurance Company.
[5]Represents the limitations on the recognition of deferred tax assets under U.S. statutory accounting principles ("U.S. STAT").
[6]Represents the tax timing differences between U.S. GAAP and U.S. STAT.
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Table of Contents
The Hartford Insurance Group, Inc.
Accumulated Other Comprehensive Income (Loss)
As Of
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025
Net unrealized loss on fixed maturities, AFS $ (2,362) $ (942) $ (1,011) $ (641) $ (656) $ (1,029) $ (1,237)
Unrealized loss on fixed maturities, AFS with allowance for credit losses ("ACL")
(3) (3) (3) (3) (3) (5) (6)
Net (losses) gains on cash flow hedging instruments (92) (16) 13 16 15 6 40
Total net unrealized gain (loss) (2,457) (961) (1,001) (628) (644) (1,028) $ (1,203)
Foreign currency translation adjustments 42 42 43 42 43 45 29
Liability for future policy benefits adjustments 41 26 28 24 22 29 30
Pension and other postretirement plan adjustments (1,469) (1,478) (1,486) (1,495) (1,424) (1,430) (1,436)
Total AOCI $ (3,843) $ (2,371) $ (2,416) $ (2,057) $ (2,003) $ (2,384) $ (2,580)
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Table of Contents
The Hartford Insurance Group, Inc.
Property & Casualty
Income Statements
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Written premiums
$ 4,722 $ 4,937 $ 4,766 $ 4,231 $ 4,560 $ 4,796 $ 4,599 $ 14,425 $ 13,955
Change in unearned premium reserve 33 369 287 (309) 70 441 376 689 887
Earned premiums 4,689 4,568 4,479 4,540 4,490 4,355 4,223 13,736 13,068
Fee income 19 19 20 20 19 19 19 58 57
Losses and loss adjustment expenses
Current accident year before catastrophes 2,820 2,677 2,570 2,564 2,661 2,537 2,454 8,067 7,652
Current accident year catastrophes 198 222 230 (1) 70 212 467 650 749
Prior accident year development [1] (594) (111) (41) (12) (103) (187) (122) (746) (412)
Total losses and loss adjustment expenses 2,424 2,788 2,759 2,551 2,628 2,562 2,799 7,971 7,989
Amortization of DAC 670 660 648 637 631 616 599 1,978 1,846
Insurance operating costs 712 716 740 767 728 681 696 2,168 2,105
Amortization of other intangible assets 8 7 8 8 8 7 8 23 23
Dividends to policyholders 10 12 12 11 12 11 10 34 33
Underwriting gain* 884 404 332 586 502 497 130 1,620 1,129
Net investment income 678 645 587 656 605 526 512 1,910 1,643
Net realized gains (losses) (136) 17 (24) (25) (30) (26) (26) (143) (82)
Net servicing and other income (expense) 2 1 4 2 3 4 4 7 11
Income before income taxes 1,428 1,067 899 1,219 1,080 1,001 620 3,394 2,701
Income tax expense 292 216 182 251 219 201 125 690 545
Net income 1,136 851 717 968 861 800 495 2,704 2,156
Adjustments to reconcile net income to core earnings:
Net realized (gains) losses, excluded from core earnings, before tax 135 (19) 23 24 28 28 24 139 80
Integration and other non-recurring M&A costs, before tax 2 3 1 1 2 2 2 6 6
Change in deferred gain on retroactive reinsurance, before tax [1] (497) — (36) — (8) (24) (32) (533) (64)
Income tax expense (benefit) [2] 76 5 1 (4) (3) (1) 1 82 (3)
Core earnings $ 852 $ 840 $ 706 $ 989 $ 880 $ 805 $ 490 $ 2,398 $ 2,175
ROE
Net income available to common stockholders [3] 26.6 % 24.8 % 25.3 % 23.7 % 21.5 % 20.6 % 18.8 %
Adjustments to reconcile net income available to common stockholders to core earnings:
Net realized (gains) losses, excluded from core earnings, before tax 1.2 % 0.4 % 0.8 % 0.8 % 0.7 % 0.8 % 1.1 %
Integration and other non-recurring M&A costs, before tax 0.1 % 0.1 % — % 0.1 % 0.1 % 0.1 % 0.1 %
Change in deferred gain on retroactive reinsurance, before tax [1] (4.0 %) (0.3 %) (0.5 %) (0.5 %) (0.5 %) (0.7 %) (0.8 %)
Income tax expense (benefit) [2] 0.6 % — % (0.1 %) (0.1 %) (0.1 %) — % (0.1 %)
Impact of AOCI, excluded from core earnings ROE (2.2 %) (1.6 %) (1.8 %) (1.6 %) (1.0 %) (2.0 %) (1.8 %)
Core earnings [3] 22.3 % 23.4 % 23.7 % 22.4 % 20.7 % 18.8 % 17.3 %
[1]Refer to [1] on page 2 for more information about the change in deferred gain on retroactive reinsurance.
[2]Primarily represents federal income tax expense (benefit) related to before tax items not included in core earnings.
[3]Net income ROE and Core earnings ROE are calculated by allocating a portion of debt, interest expense, preferred stock and preferred stock dividends accounted for within Corporate to Property & Casualty.
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Table of Contents
The Hartford Insurance Group, Inc.
Property & Casualty
Income Statements (Continued)
Prior accident year development included the following unfavorable (favorable) reserve development:
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Workers’ compensation $ (57) $ (51) $ (59) $ (67) $ (62) $ (61) $ (65) $ (167) $ (188)
Workers' compensation discount accretion 11 11 12 11 11 11 12 34 34
General liability — 46 70 — — — — 116 —
Marine (3) — 4 — — — — 1 —
Commercial property (10) (11) (4) (14) (5) (20) (3) (25) (28)
Professional liability (5) — (4) (6) — (11) — (9) (11)
Bond — (32) — (49) — (22) — (32) (22)
Assumed reinsurance — — 5 — — — — 5 —
Commercial automobile liability — 26 — 12 — — — 26 —
Personal automobile liability (20) (24) (15) (32) (33) (10) (12) (59) (55)
Homeowners (7) (14) (15) (7) (5) (13) (18) (36) (36)
Net asbestos and environmental reserves — — — 165 — — — — —
Catastrophes — (50) — (45) — (39) — (50) (39)
Uncollectible reinsurance — — — — 6 — — — 6
Other reserve re-estimates, net [1] (6) (12) 1 20 (7) 2 (4) (17) (9)
Prior accident year development before change in deferred gain (97) (111) (5) (12) (95) (163) (90) (213) (348)
Change in deferred gain on retroactive reinsurance included in other liabilities [2] (497) — (36) — (8) (24) (32) (533) (64)
Total prior accident year development $ (594) $ (111) $ (41) $ (12) $ (103) $ (187) $ (122) $ (746) $ (412)
[1]Other reserve re-estimates, net includes a favorable change in automobile physical damage reserves within Personal Insurance of $(8) and $(23), for the three and nine months ended September 30, 2026 and $(6) and $(26) for the three and nine months ended September 30, 2025, respectively.
[2]Refer to [1] on page 2 for more information about the change in deferred gain on retroactive reinsurance.
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Table of Contents
The Hartford Insurance Group, Inc.
Property & Casualty
Underwriting Ratios
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Underwriting Gain $ 884 $ 404 $ 332 $ 586 $ 502 $ 497 $ 130 $ 1,620 $ 1,129
Underwriting Ratios
Loss and loss adjustment expense ratio 51.7 61.0 61.6 56.2 58.5 58.8 66.3 58.0 61.1
Expense ratio [1] 29.2 29.9 30.7 30.7 30.0 29.5 30.4 29.9 30.0
Policyholder dividend ratio 0.2 0.3 0.3 0.2 0.3 0.3 0.2 0.2 0.3
Combined ratio 81.1 91.2 92.6 87.1 88.8 88.6 96.9 88.2 91.4
Current accident year catastrophes and prior accident year development 8.5 (2.5) (4.2) 0.3 0.7 (0.6) (8.2) 0.7 (2.5)
Underlying combined ratio* 89.6 88.7 88.4 87.4 89.6 88.0 88.8 88.9 88.8
Loss and loss adjustment expense ratio
Underlying loss and loss adjustment expense ratio* 60.1 58.6 57.4 56.5 59.3 58.3 58.1 58.7 58.6
Current accident year catastrophes 4.2 4.9 5.1 — 1.6 4.9 11.1 4.7 5.7
Prior accident year development (12.7) (2.4) (0.9) (0.3) (2.3) (4.3) (2.9) (5.4) (3.2)
Total loss and loss adjustment expense ratio 51.7 61.0 61.6 56.2 58.5 58.8 66.3 58.0 61.1
[1]Integration and transaction costs related to the acquisition of Navigators Group are not included in the expense ratio.
10
Table of Contents
The Hartford Insurance Group, Inc.
Business Insurance
Income Statements
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Written premiums $ 3,772 $ 4,022 $ 3,904 $ 3,381 $ 3,573 $ 3,816 $ 3,686 $ 11,698 $ 11,075
Change in unearned premium reserve (3) 359 332 (214) 33 392 362 688 787
Earned premiums 3,775 3,663 3,572 3,595 3,540 3,424 3,324 11,010 10,288
Fee income 12 12 12 12 11 11 11 36 33
Losses and loss adjustment expenses
Current accident year before catastrophes 2,262 2,134 2,044 2,015 2,051 1,952 1,891 6,440 5,894
Current accident year catastrophes 106 129 171 (12) 39 114 280 406 433
Prior accident year development (61) (52) 30 (152) (60) (146) (83) (83) (289)
Total losses and loss adjustment expenses 2,307 2,211 2,245 1,851 2,030 1,920 2,088 6,763 6,038
Amortization of DAC 600 590 577 565 559 546 531 1,767 1,636
Insurance operating costs 536 539 558 581 546 507 512 1,633 1,565
Amortization of other intangible assets 7 7 7 8 7 7 7 21 21
Dividends to policyholders 10 12 12 11 12 11 10 34 33
Underwriting gain 327 316 185 591 397 444 187 828 1,028
Net investment income 589 556 505 562 519 449 437 1,650 1,405
Net realized gains (losses) (117) 12 (19) (21) (26) (20) (24) (124) (70)
Other income (expense) [1] (3) (1) 1 (1) — (1) (1) (3) (2)
Income before income taxes 796 883 672 1,131 890 872 599 2,351 2,361
Income tax expense 159 179 136 234 180 176 122 474 478
Net income 637 704 536 897 710 696 477 1,877 1,883
Adjustments to reconcile net income to core earnings:
Net realized (gains) losses, excluded from core earnings, before tax 116 (14) 18 21 23 23 22 120 68
Integration and other non-recurring M&A costs, before tax [1] 2 3 1 1 2 2 2 6 6
Change in deferred gain on retroactive reinsurance, before tax — — — — (8) (24) (32) — (64)
Income tax expense (benefit) [2] (24) 2 (4) (4) (4) — 2 (26) (2)
Core earnings $ 731 $ 695 $ 551 $ 915 $ 723 $ 697 $ 471 $ 1,977 $ 1,891
[1]Includes Navigators Group integration costs.
[2]Primarily represents federal income tax expense (benefit) related to before tax items not included in core earnings.
11
Table of Contents
The Hartford Insurance Group, Inc.
Business Insurance
Income Statements (Continued)
Prior accident year development included the following unfavorable (favorable) reserve development:
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Workers’ compensation $ (57) $ (51) $ (59) $ (67) $ (62) $ (61) $ (65) $ (167) $ (188)
Workers' compensation discount accretion 11 11 12 11 11 11 12 34 34
General liability — 46 70 — — — — 116 —
Marine (3) — 4 — — — — 1 —
Commercial property (10) (11) (4) (14) (5) (20) (3) (25) (28)
Professional liability (5) — (4) (6) — (11) — (9) (11)
Bond — (32) — (49) — (22) — (32) (22)
Assumed reinsurance — — 5 — — — — 5 —
Automobile liability — 26 — 12 — — — 26 —
Catastrophes — (37) — (35) — (28) — (37) (28)
Other reserve re-estimates, net 3 (4) 6 (4) 4 9 5 5 18
Prior accident year development before change in deferred gain (61) (52) 30 (152) (52) (122) (51) (83) (225)
Change in deferred gain on retroactive reinsurance included in other liabilities — — — — (8) (24) (32) — (64)
Total prior accident year development $ (61) $ (52) $ 30 $ (152) $ (60) $ (146) $ (83) $ (83) $ (289)
12
Table of Contents
The Hartford Insurance Group, Inc.
Business Insurance
Underwriting Ratios
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Underwriting Gain $ 327 $ 316 $ 185 $ 591 $ 397 $ 444 $ 187 $ 828 $ 1,028
Underwriting Ratios
Loss and loss adjustment expense ratio 61.1 60.4 62.8 51.5 57.3 56.1 62.8 61.4 58.7
Expense ratio [1] 30.0 30.7 31.6 31.8 31.1 30.6 31.3 30.7 31.0
Policyholder dividend ratio 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3
Combined ratio 91.3 91.4 94.8 83.6 88.8 87.0 94.4 92.5 90.0
Current accident year catastrophes and prior accident year development (1.2) (2.1) (5.6) 4.5 0.6 1.0 (5.9) (2.9) (1.4)
Underlying combined ratio 90.1 89.3 89.2 88.1 89.4 88.0 88.4 89.5 88.6
Loss and loss adjustment expense ratio
Underlying loss and loss adjustment expense ratio 59.9 58.3 57.2 56.1 57.9 57.0 56.9 58.5 57.3
Current accident year catastrophes 2.8 3.5 4.8 (0.3) 1.1 3.3 8.4 3.7 4.2
Prior accident year development (1.6) (1.4) 0.8 (4.2) (1.7) (4.3) (2.5) (0.8) (2.8)
Total loss and loss adjustment expense ratio 61.1 60.4 62.8 51.5 57.3 56.1 62.8 61.4 58.7
Combined Ratios by Line of Business
Small Business
Combined ratio 84.5 85.9 91.9 80.8 87.9 89.7 93.3 87.4 90.2
Adjustments to reconcile combined ratio to underlying combined ratio:
Current accident year catastrophes (2.5) (3.8) (6.5) 0.2 (1.3) (5.1) (8.0) (4.2) (4.7)
Prior accident year development 3.2 4.4 4.0 6.4 3.2 4.5 4.1 3.9 3.9
Underlying combined ratio 85.2 86.5 89.4 87.3 89.8 89.0 89.4 87.0 89.4
Middle & Large Business
Combined ratio 101.7 101.9 95.6 91.1 90.8 86.6 99.8 99.8 92.3
Adjustments to reconcile combined ratio to underlying combined ratio:
Current accident year catastrophes (2.5) (3.1) (3.7) (0.7) — (1.1) (8.9) (3.1) (3.3)
Prior accident year development 0.3 (3.5) (0.7) (1.0) 0.6 3.6 (0.3) (1.3) 1.3
Underlying combined ratio 99.5 95.3 91.3 89.4 91.4 89.1 90.6 95.4 90.4
Global Specialty
Combined ratio 89.1 89.5 90.7 78.1 86.9 85.9 89.3 89.8 87.3
Adjustments to reconcile combined ratio to underlying combined ratio:
Current accident year catastrophes (3.9) (3.6) (3.4) 2.0 (2.2) (3.2) (8.7) (3.7) (4.6)
Prior accident year development 0.8 — (1.2) 7.5 1.1 2.1 3.4 (0.1) 2.2
Underlying combined ratio 86.1 85.8 86.1 87.6 85.8 84.8 84.0 86.0 84.9
[1]Integration and transaction costs related to the acquisition of Navigators Group are not included in the expense ratio.
13
Table of Contents
The Hartford Insurance Group, Inc.
Business Insurance
Supplemental Data
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Written Premiums
Small Business $ 1,588 $ 1,612 $ 1,675 $ 1,444 $ 1,490 $ 1,503 $ 1,553 $ 4,875 $ 4,546
Middle & Large Business 1,268 1,250 1,170 1,116 1,231 1,197 1,111 3,688 3,539
Middle Market 1,102 1,076 961 936 1,054 1,039 931 3,139 3,024
National Accounts and Other 166 174 209 180 177 158 180 549 515
Global Specialty [1] 898 1,142 1,041 805 836 1,100 1,006 3,081 2,942
U.S. 555 651 553 541 551 619 559 1,759 1,729
International 117 146 118 134 114 142 113 381 369
Global Re 226 345 370 130 171 339 334 941 844
Other 18 18 18 16 16 16 16 54 48
Total $ 3,772 $ 4,022 $ 3,904 $ 3,381 $ 3,573 $ 3,816 $ 3,686 $ 11,698 $ 11,075
Earned Premiums
Small Business $ 1,573 $ 1,537 $ 1,485 $ 1,497 $ 1,465 $ 1,418 $ 1,360 $ 4,595 $ 4,243
Middle & Large Business 1,224 1,174 1,158 1,164 1,144 1,100 1,075 3,556 3,319
Middle Market 1,042 995 981 992 976 942 924 3,018 2,842
National Accounts and Other 182 179 177 172 168 158 151 538 477
Global Specialty [1] 960 934 911 918 915 890 873 2,805 2,678
U.S. 590 574 557 574 568 549 540 1,721 1,657
International 127 124 124 121 122 119 113 375 354
Global Re 243 236 230 223 225 222 220 709 667
Other 18 18 18 16 16 16 16 54 48
Total $ 3,775 $ 3,663 $ 3,572 $ 3,595 $ 3,540 $ 3,424 $ 3,324 $ 11,010 $ 10,288
Business Insurance Statistical Premium Information
Small Business
Net New Business Premium $ 306 $ 334 $ 333 $ 295 $ 308 $ 305 $ 298 $ 973 $ 911
Renewal Written Price Increases 4.4 % 4.2 % 3.9 % 4.5 % 5.4 % 6.0 % 6.5 % 4.2 % 6.0 %
Policy Count Retention 84 % 83 % 84 % 84 % 84 % 83 % 84 % 84 % 84 %
Policies In-Force (in thousands) 1,729 1,708 1,683 1,657 1,640 1,615 1,591
Middle Market [2]
Net New Business Premium $ 199 $ 203 $ 187 $ 176 $ 211 $ 190 $ 188 $ 589 $ 589
Renewal Written Price Increases 3.2 % 3.7 % 4.3 % 4.5 % 5.5 % 6.0 % 6.9 % 3.7 % 6.1 %
Premium Retention 83 % 81 % 84 % 83 % 84 % 82 % 81 % 83 % 83 %
Global Specialty
Gross New Business Premium [3]
$ 230 $ 274 $ 233 $ 249 $ 238 $ 278 $ 225 $ 737 $ 741
Renewal Written Price Increases [4] 3.9 % 5.3 % 4.9 % 4.1 % 2.9 % 5.1 % 6.0 % 4.7 % 4.6 %
[1]U.S. business includes a small amount of business issued by U.S. insurance entities to U.S. policyholders with international-based exposures. International represents Navigators Group business written in either Lloyd's market or other international markets, which includes U.S.-based exposures.
[2]Except for net new business premium, metrics for Middle Market exclude loss sensitive and programs businesses.
[3]Excludes Global Re and is before ceded reinsurance.
[4]Excludes Global Re, offshore energy policies, credit and political risk insurance policies, political violence and terrorism policies, and any business under which the managing agent of our Lloyd's Syndicate 1221 delegates underwriting authority to coverholders and other third parties.
14
Table of Contents
The Hartford Insurance Group, Inc.
Personal Insurance
Income Statements
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Written premiums $ 950 $ 915 $ 862 $ 850 $ 987 $ 980 $ 913 $ 2,727 $ 2,880
Change in unearned premium reserve 36 10 (45) (95) 37 49 14 1 100
Earned premiums 914 905 907 945 950 931 899 2,726 2,780
Fee income 7 7 8 8 8 8 8 22 24
Losses and loss adjustment expenses
Current accident year before catastrophes 558 543 526 549 610 585 563 1,627 1,758
Current accident year catastrophes 92 93 59 11 31 98 187 244 316
Prior accident year development (36) (59) (35) (56) (43) (41) (39) (130) (123)
Total losses and loss adjustment expenses 614 577 550 504 598 642 711 1,741 1,951
Amortization of DAC 70 70 71 72 72 70 68 211 210
Insurance operating costs 174 175 180 184 180 172 182 529 534
Amortization of other intangible assets 1 — 1 — 1 — 1 2 2
Underwriting gain (loss) 62 90 113 193 107 55 (55) 265 107
Net investment income 67 67 62 74 67 58 57 196 182
Net realized gains (losses) (15) 4 (4) (3) (4) (4) (2) (15) (10)
Net servicing and other income (expense) 5 2 3 3 4 5 5 10 14
Income before income taxes 119 163 174 267 174 114 5 456 293
Income tax expense 26 33 35 55 35 23 — 94 58
Net income 93 130 139 212 139 91 5 362 235
Adjustments to reconcile net income to core earnings:
Net realized (gains) losses, excluded from core earnings, before tax 15 (4) 4 2 5 3 2 15 10
Income tax expense (benefit) [1] (3) 2 (2) — (1) — (1) (3) (2)
Core earnings $ 105 $ 128 $ 141 $ 214 $ 143 $ 94 $ 6 $ 374 $ 243
[1]Represents federal income tax expense (benefit) related to before tax items not included in core earnings.
15
Table of Contents
The Hartford Insurance Group, Inc.
Personal Insurance
Income Statements (Continued)
Prior accident year development included the following unfavorable (favorable) reserve development:
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Automobile liability $ (20) $ (24) $ (15) $ (32) $ (33) $ (10) $ (12) $ (59) $ (55)
Homeowners (7) (14) (15) (7) (5) (13) (18) (36) (36)
Catastrophes — (13) — (10) — (11) — (13) (11)
Other reserve re-estimates, net [1] (9) (8) (5) (7) (5) (7) (9) (22) (21)
Total prior accident year development $ (36) $ (59) $ (35) $ (56) $ (43) $ (41) $ (39) $ (130) $ (123)
[1]Other reserve re-estimates, net includes a favorable change in automobile physical damage reserves of $(8) and $(23) for the three and nine months ended September 30, 2026 and $(6) and $(26) for the three and nine months ended September 30, 2025, respectively.
16
Table of Contents
The Hartford Insurance Group, Inc.
Personal Insurance
Underwriting Ratios
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Underwriting Gain (Loss) $ 62 $ 90 $ 113 $ 193 $ 107 $ 55 $ (55) $ 265 $ 107
Underwriting Ratios
Loss and loss adjustment expense ratio 67.2 63.8 60.6 53.3 62.9 69.0 79.1 63.9 70.2
Expense ratio 26.0 26.3 27.0 26.2 25.8 25.1 27.0 26.4 26.0
Combined ratio 93.2 90.1 87.7 79.6 88.7 94.1 106.1 90.3 96.2
Current accident year catastrophes and prior accident year development (6.2) (3.8) (2.6) 4.7 1.2 (6.1) (16.5) (4.2) (7.0)
Underlying combined ratio 87.1 86.3 85.0 84.3 90.0 88.0 89.7 86.1 89.2
Loss and loss adjustment expense ratio
Underlying loss and loss adjustment expense ratio 61.1 60.0 58.0 58.1 64.2 62.8 62.6 59.7 63.2
Current accident year catastrophes 10.1 10.3 6.5 1.2 3.3 10.5 20.8 9.0 11.4
Prior accident year development (3.9) (6.5) (3.9) (5.9) (4.5) (4.4) (4.3) (4.8) (4.4)
Total loss and loss adjustment expense ratio 67.2 63.8 60.6 53.3 62.9 69.0 79.1 63.9 70.2
Combined Ratios by Product
Automobile
Combined ratio 92.3 88.5 89.6 92.7 92.5 94.0 93.5 90.1 93.3
Adjustment to reconcile combined ratio to underlying combined ratio:
Current accident year catastrophes (1.4) (1.4) (0.7) (0.3) (0.6) (1.8) (1.2) (1.2) (1.2)
Prior accident year development 5.1 6.2 3.3 6.5 6.0 3.0 3.8 4.9 4.3
Underlying combined ratio 96.0 93.3 92.2 98.9 97.9 95.2 96.1 93.8 96.4
Homeowners
Combined ratio 94.7 92.6 83.8 53.7 81.2 94.4 133.2 90.5 101.9
Adjustment to reconcile combined ratio to underlying combined ratio:
Current accident year catastrophes (25.3) (26.6) (17.6) (3.0) (8.3) (28.8) (63.7) (23.2) (32.5)
Prior accident year development 2.1 7.2 4.8 4.8 1.6 7.1 5.6 4.7 4.7
Underlying combined ratio 71.5 73.3 71.0 55.5 74.4 72.7 75.1 71.9 74.1
17
Table of Contents
The Hartford Insurance Group, Inc.
Personal Insurance
Supplemental Data
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Distribution
Written Premiums
Direct $ 723 $ 718 $ 693 $ 672 $ 798 $ 796 $ 758 $ 2,134 $ 2,352
Agency 227 197 169 178 189 184 155 593 528
Total $ 950 $ 915 $ 862 $ 850 $ 987 $ 980 $ 913 $ 2,727 $ 2,880
Earned Premiums
Direct $ 723 $ 724 $ 734 $ 768 $ 781 $ 776 $ 757 $ 2,181 $ 2,314
Agency 191 181 173 177 169 155 142 545 466
Total $ 914 $ 905 $ 907 $ 945 $ 950 $ 931 $ 899 $ 2,726 $ 2,780
Product Line
Written Premiums
Automobile $ 575 $ 567 $ 565 $ 551 $ 633 $ 633 $ 627 $ 1,707 $ 1,893
Homeowners 375 348 297 299 354 347 286 1,020 987
Total $ 950 $ 915 $ 862 $ 850 $ 987 $ 980 $ 913 $ 2,727 $ 2,880
Earned Premiums
Automobile $ 582 $ 587 $ 593 $ 625 $ 634 $ 628 $ 618 $ 1,762 $ 1,880
Homeowners 332 318 314 320 316 303 281 964 900
Total $ 914 $ 905 $ 907 $ 945 $ 950 $ 931 $ 899 $ 2,726 $ 2,780
18
Table of Contents
The Hartford Insurance Group, Inc.
Personal Insurance
Supplemental Data (Continued)
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Statistical Premium Information (Year Over Year)
Net New Business Premium
Automobile $ 56 $ 51 $ 53 $ 52 $ 71 $ 81 $ 81 $ 160 $ 233
Homeowners $ 71 $ 52 $ 43 $ 45 $ 59 $ 69 $ 62 $ 166 $ 190
Renewal Written Price Increases
Automobile 5.1 % 5.4 % 6.8 % 10.4 % 11.3 % 13.9 % 15.7 % 5.8 % 13.6 %
Homeowners 7.9 % 10.3 % 11.8 % 11.8 % 12.6 % 12.6 % 12.3 % 9.9 % 12.5 %
Effective Policy Count Retention
Automobile 82 % 81 % 80 % 80 % 80 % 79 % 79 % 81 % 79 %
Homeowners 81 % 81 % 81 % 82 % 83 % 83 % 83 % 81 % 83 %
Policies In-Force (in thousands)
Automobile 967 990 1,020 1,054 1,091 1,121 1,146
Homeowners 702 703 709 716 723 724 719
19
Table of Contents
The Hartford Insurance Group, Inc.
P&C Other Operations
Income Statements
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Losses and loss adjustment expenses
Prior accident year development [1] $ (497) $ — $ (36) $ 196 $ — $ — $ — $ (533) $ —
Total losses and loss adjustment expenses (497) — (36) 196 — — — (533) —
Insurance operating costs 2 2 2 2 2 2 2 6 6
Underwriting gain (loss) 495 (2) 34 (198) (2) (2) (2) 527 (6)
Net investment income 22 22 20 20 19 19 18 64 56
Net realized gains (losses) (4) 1 (1) (1) — (2) — (4) (2)
Other expense — — — — (1) — — — (1)
Income (loss) before income taxes 513 21 53 (179) 16 15 16 587 47
Income tax expense (benefit) 107 4 11 (38) 4 2 3 122 9
Net income (loss) 406 17 42 (141) 12 13 13 465 38
Adjustments to reconcile net income (loss) to core earnings (loss):
Net realized (gains) losses excluded from core earnings, before tax 4 (1) 1 1 — 2 — 4 2
Change in deferred gain on retroactive reinsurance, before tax [1] (497) — (36) — — — — (533) —
Income tax expense (benefit) [2] 103 1 7 — 2 (1) — 111 1
Core earnings (loss) $ 16 $ 17 $ 14 $ (140) $ 14 $ 14 $ 13 $ 47 $ 41
[1]Refer to [1] on page 2 for more information about the change in deferred gain on retroactive reinsurance.
[2]Represents federal income tax expense (benefit) related to before tax items not included in core earnings (loss).
20
Table of Contents
The Hartford Insurance Group, Inc.
Employee Benefits
Income Statements
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Earned premiums $ 1,662 $ 1,711 $ 1,666 $ 1,601 $ 1,603 $ 1,606 $ 1,612 $ 5,039 $ 4,821
Fee income 57 56 57 55 55 57 56 170 168
Net investment income 154 137 131 153 136 118 126 422 380
Net realized gains (losses) 15 9 (11) (10) (8) (16) (4) 13 (28)
Total revenues 1,888 1,913 1,843 1,799 1,786 1,765 1,790 5,644 5,341
Benefits, losses and loss adjustment expenses 1,287 1,291 1,238 1,180 1,163 1,150 1,199 3,816 3,512
Amortization of DAC 9 9 8 8 8 9 8 26 25
Insurance operating costs and other expenses 417 417 439 437 425 407 406 1,273 1,238
Amortization of other intangible assets 10 10 10 10 10 10 10 30 30
Total benefits, losses and expenses 1,723 1,727 1,695 1,635 1,606 1,576 1,623 5,145 4,805
Income before income taxes 165 186 148 164 180 189 167 499 536
Income tax expense 33 39 30 34 36 39 34 102 109
Net income 132 147 118 130 144 150 133 397 427
Adjustments to reconcile net income to core earnings:
Net realized (gains) losses, excluded from core earnings, before tax (15) (10) 11 9 8 15 4 (14) 27
Income tax expense (benefit) [1] 3 2 (2) (1) (3) (2) (1) 3 (6)
Core earnings $ 120 $ 139 $ 127 $ 138 $ 149 $ 163 $ 136 $ 386 $ 448
Margin
Net income margin 7.0 % 7.7 % 6.4 % 7.2 % 8.1 % 8.5 % 7.4 % 7.0 % 8.0 %
Core earnings margin* 6.4 % 7.4 % 6.9 % 7.6 % 8.3 % 9.2 % 7.6 % 6.9 % 8.4 %
ROE
Net income available to common stockholders [2] 14.6 % 14.9 % 14.9 % 15.0 % 14.7 % 16.1 % 16.6 %
Adjustments to reconcile net income available to common stockholders to core earnings:
Net realized (gains) losses, excluded from core earnings, before tax (0.1 %) 0.5 % 1.3 % 1.0 % 1.2 % 1.0 % 0.8 %
Income tax expense (benefit) [1] 0.1 % (0.1 %) (0.2 %) (0.2 %) (0.2 %) (0.2 %) (0.2 %)
Impact of AOCI, excluded from core earnings ROE (1.6 %) (1.2 %) (1.4 %) (1.2 %) (0.9 %) (1.6 %) (1.7 %)
Core earnings [2] 13.0 % 14.1 % 14.6 % 14.6 % 14.8 % 15.3 % 15.5 %
[1]Represents federal income tax expense (benefit) related to before tax items not included in core earnings.
[2]Net income ROE and core earnings ROE are calculated by allocating a portion of debt, interest expense, preferred stock and preferred stock dividends accounted for within Corporate to Employee Benefits.
21
Table of Contents
The Hartford Insurance Group, Inc.
Employee Benefits
Supplemental Data
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Premiums
Fully insured ongoing premiums
Group disability $ 888 $ 889 $ 870 $ 840 $ 835 $ 838 $ 844 $ 2,647 $ 2,517
Group life 640 652 649 640 648 644 650 1,941 1,942
Other [1] 134 135 135 121 120 120 118 404 358
Total fully insured ongoing premiums 1,662 1,676 1,654 1,601 1,603 1,602 1,612 4,992 4,817
Total buyouts [2] — 35 12 — — 4 — 47 4
Total premiums $ 1,662 $ 1,711 $ 1,666 $ 1,601 $ 1,603 $ 1,606 $ 1,612 $ 5,039 $ 4,821
Sales (Gross Annualized New Premiums)
Fully insured ongoing sales
Group disability $ 51 $ 77 $ 279 $ 31 $ 53 $ 48 $ 162 $ 407 $ 263
Group life 33 47 229 19 33 44 163 309 240
Other [1] 19 16 74 9 19 15 56 109 90
Total fully insured ongoing sales 103 140 582 59 105 107 381 825 593
Total buyouts [2] — 35 12 — — 4 — 47 4
Total sales $ 103 $ 175 $ 594 $ 59 $ 105 $ 111 $ 381 $ 872 $ 597
Ratios, Excluding Buyouts
Group disability loss ratio 76.3 % 74.8 % 72.7 % 70.5 % 70.6 % 68.5 % 69.0 % 74.6 % 69.3 %
Group life loss ratio 77.8 % 74.2 % 73.2 % 76.9 % 74.2 % 74.3 % 79.9 % 75.1 % 76.1 %
Total loss ratio 74.9 % 72.5 % 71.7 % 71.3 % 70.1 % 69.1 % 71.9 % 73.0 % 70.4 %
Expense ratio 25.4 % 25.2 % 26.7 % 27.5 % 26.7 % 25.7 % 25.4 % 25.7 % 25.9 %
[1]Includes other group coverages such as retiree health insurance, critical illness, accident and hospital indemnity coverages.
[2]Takeover of open claim liabilities and other non-recurring premium amounts.
22
Table of Contents
The Hartford Insurance Group, Inc.
Corporate
Income Statements
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Fee income [1] $ 11 $ 11 $ 10 $ 9 $ 10 $ 10 $ 11 $ 32 $ 31
Other revenue 24 8 5 7 6 5 1 37 12
Net investment income 18 18 16 16 14 14 14 52 42
Net realized gains (losses) 5 38 (17) 5 21 23 (19) 26 25
Total revenues 58 75 14 37 51 52 7 147 110
Benefits, losses and loss adjustment expenses [2] 2 2 1 2 2 — 2 5 4
Insurance operating costs and other expenses [1] 16 45 19 34 16 18 18 80 52
Interest expense 50 50 50 49 50 50 50 150 150
Total expenses 68 97 70 85 68 68 70 235 206
Loss from continuing operations before income taxes (10) (22) (56) (48) (17) (16) (63) (88) (96)
Income tax benefit (4) (4) (25) (19) (33) (4) (19) (33) (56)
Income (loss) from continuing operations, net of tax (6) (18) (31) (29) 16 (12) (44) (55) (40)
Income from discontinued operations, net of tax [3] 61 318 52 62 59 57 46 431 162
Net income 55 300 21 33 75 45 2 376 122
Preferred stock dividends 6 5 5 5 6 5 5 16 16
Net income (loss) available to common stockholders 49 295 16 28 69 40 (3) 360 106
Adjustments to reconcile net income (loss) available to common stockholders to core loss:
Net realized (gains) losses, excluded from core earnings, before tax (7) (11) 17 (3) (21) (24) 19 (1) (26)
Income tax expense (benefit) [4] 3 — (2) (3) 4 5 (4) 1 5
Income from discontinued operations, net of tax (61) (318) (52) (62) (59) (57) (46) (431) (162)
Core loss $ (16) $ (34) $ (21) $ (40) $ (7) $ (36) $ (34) $ (71) $ (77)
[1]Includes investment management fees and expenses related to managing third-party assets.
[2]Includes benefits, losses and loss adjustment expenses for run-off structured settlement and terminal funding agreement liabilities.
[3]The three months ended June 30, 2026 and the nine months ended September 30, 2026 include $251 of income tax benefit associated with the sale of Hartford Funds representing the difference between the tax basis and U.S. GAAP carrying value of Hartford Funds.
[4]Represents federal income tax expense (benefit) related to before tax items not included in core earnings.
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The Hartford Insurance Group, Inc.
Investment Income Before Tax
Consolidated
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Net Investment Income (Loss)
Fixed maturities [1]
Taxable $ 604 $ 583 $ 582 $ 575 $ 570 $ 550 $ 534 $ 1,769 $ 1,654
Tax-exempt 23 24 25 27 29 31 36 72 96
Total fixed maturities 627 607 607 602 599 581 570 1,841 1,750
Equity securities 3 5 5 5 4 3 4 13 11
Mortgage loans 84 83 80 78 76 72 70 247 218
Limited partnerships and other alternative investments [2] 156 114 75 160 91 13 39 345 143
Other [3] 4 16 (4) 5 8 12 (3) 16 17
Subtotal 874 825 763 850 778 681 680 2,462 2,139
Investment expense (24) (25) (29) (25) (23) (23) (28) (78) (74)
Total net investment income $ 850 $ 800 $ 734 $ 825 $ 755 $ 658 $ 652 $ 2,384 $ 2,065
Annualized investment yield, before tax [4] 5.1 % 4.9 % 4.5 % 5.2 % 4.8 % 4.3 % 4.3 % 4.9 % 4.5 %
Annualized limited partnerships and other alternative investment yield, before tax [4] 10.2 % 7.6 % 5.1 % 11.4 % 6.7 % 1.0 % 3.1 % 7.8 % 3.7 %
Annualized investment yield, before tax, excluding limited partnership and other alternative investments [4]* 4.6 % 4.7 % 4.5 % 4.6 % 4.6 % 4.6 % 4.4 % 4.6 % 4.5 %
Annualized investment yield, net of tax [4] 4.1 % 3.9 % 3.6 % 4.1 % 3.9 % 3.5 % 3.4 % 3.9 % 3.6 %
Annualized investment yield, net of tax, excluding limited partnership and other alternative investments [4]* 3.7 % 3.7 % 3.6 % 3.7 % 3.7 % 3.7 % 3.5 % 3.7 % 3.6 %
Average reinvestment rate [5] 5.7 % 5.4 % 5.3 % 5.4 % 5.7 % 5.9 % 5.6 % 5.5 % 5.7 %
Average sales/maturities yield [6] 5.0 % 4.8 % 4.9 % 5.3 % 5.2 % 4.6 % 4.9 % 4.9 % 4.9 %
Portfolio duration (in years) [7] 4.1 4.1 4.1 3.9 3.8 3.9 3.9 4.1 3.8
[1]Includes income on short-term investments.
[2]Within Property & Casualty, other alternative investments include an insurer-owned life insurance policy, which is primarily invested in private equity funds and fixed income.
[3]Includes changes in fair value of certain equity fund investments and income from derivatives that qualify for hedge accounting and are used to hedge fixed maturities.
[4]Represents annualized net investment income divided by the monthly average invested assets at amortized cost, as applicable, excluding derivatives book value.
[5]Represents the annualized yield on fixed maturities and mortgage loans that were purchased during the respective period. Excludes U.S. Treasury securities and cash equivalents.
[6]Represents the annualized yield on fixed maturities and mortgage loans that were sold, matured, or redeemed, including calls and paydowns, during the respective period. Excludes U.S. Treasury securities and cash equivalents.
[7]Excludes certain short-term investments.
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The Hartford Insurance Group, Inc.
Investment Income Before Tax
Property & Casualty
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Net Investment Income (Loss)
Fixed maturities [1]
Taxable $ 486 $ 467 $ 466 $ 462 $ 458 $ 440 $ 426 $ 1,419 $ 1,324
Tax-exempt 19 18 20 21 23 24 27 57 74
Total fixed maturities 505 485 486 483 481 464 453 1,476 1,398
Equity securities 2 3 2 2 3 1 2 7 6
Mortgage loans 67 66 63 59 59 54 53 196 166
Limited partnerships and other alternative investments [2] 119 94 62 125 71 11 28 275 110
Other [3] 4 16 (3) 6 9 13 (2) 17 20
Subtotal 697 664 610 675 623 543 534 1,971 1,700
Investment expense (19) (19) (23) (19) (18) (17) (22) (61) (57)
Total net investment income $ 678 $ 645 $ 587 $ 656 $ 605 $ 526 $ 512 $ 1,910 $ 1,643
Annualized investment yield, before tax [4] 5.2 % 5.0 % 4.6 % 5.2 % 4.9 % 4.4 % 4.3 % 4.9 % 4.5 %
Annualized limited partnerships and other alternative investment yield, before tax [4] 9.9 % 8.1 % 5.4 % 11.5 % 6.8 % 1.1 % 2.8 % 8.0 % 3.6 %
Annualized investment yield, before tax, excluding limited partnership and other alternative investments [4] 4.7 % 4.7 % 4.5 % 4.6 % 4.7 % 4.7 % 4.4 % 4.6 % 4.6 %
Annualized investment yield, net of tax [4] 4.2 % 4.0 % 3.6 % 4.2 % 3.9 % 3.5 % 3.4 % 3.9 % 3.6 %
Annualized investment yield, net of tax, excluding limited partnership and other alternative investments [4] 3.8 % 3.7 % 3.6 % 3.7 % 3.8 % 3.7 % 3.5 % 3.7 % 3.7 %
Average reinvestment rate [5] 5.7 % 5.4 % 5.3 % 5.4 % 5.6 % 5.8 % 5.6 % 5.5 % 5.7 %
Average sales/maturities yield [6] 5.0 % 4.8 % 4.9 % 5.3 % 5.2 % 4.7 % 4.9 % 4.9 % 4.9 %
Portfolio duration (in years) [7] 4.0 4.0 4.1 3.7 3.7 3.8 3.7 4.0 3.7
Footnotes [1] through [7] are explained on page 24.
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The Hartford Insurance Group, Inc.
Investment Income Before Tax
Employee Benefits
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Net Investment Income (Loss)
Fixed maturities [1]
Taxable $ 102 $ 101 $ 104 $ 102 $ 100 $ 98 $ 97 $ 307 $ 295
Tax-exempt 3 4 4 4 5 6 7 11 18
Total fixed maturities 105 105 108 106 105 104 104 318 313
Equity securities 1 1 — — — 1 1 2 2
Mortgage loans 17 17 17 19 17 18 17 51 52
Limited partnerships and other alternative investments [2] 36 20 13 35 20 2 11 69 33
Other [3] — — (1) (1) (1) (1) (1) (1) (3)
Subtotal 159 143 137 159 141 124 132 439 397
Investment expense (5) (6) (6) (6) (5) (6) (6) (17) (17)
Total net investment income $ 154 $ 137 $ 131 $ 153 $ 136 $ 118 $ 126 $ 422 $ 380
Annualized investment yield, before tax [4] 5.4 % 4.8 % 4.5 % 5.3 % 4.8 % 4.1 % 4.3 % 4.9 % 4.4 %
Annualized limited partnerships and other alternative investment yield, before tax [4] 11.7 % 6.6 % 4.3 % 12.4 % 7.1 % 0.8 % 4.1 % 7.7 % 4.0 %
Annualized investment yield, before tax, excluding limited partnership and other alternative investments [4] 4.6 % 4.6 % 4.6 % 4.5 % 4.5 % 4.4 % 4.4 % 4.6 % 4.4 %
Annualized investment yield, net of tax [4] 4.3 % 3.8 % 3.6 % 4.2 % 3.8 % 3.3 % 3.5 % 3.9 % 3.5 %
Annualized investment yield, net of tax, excluding limited partnership and other alternative investments [4] 3.7 % 3.6 % 3.6 % 3.6 % 3.6 % 3.5 % 3.5 % 3.6 % 3.5 %
Average reinvestment rate [5] 6.0 % 5.8 % 5.6 % 5.6 % 5.9 % 6.1 % 5.8 % 5.8 % 6.0 %
Average sales/maturities yield [6] 5.1 % 4.7 % 4.9 % 5.0 % 5.1 % 4.3 % 4.7 % 4.9 % 4.7 %
Portfolio duration (in years) [7] 5.0 5.2 5.2 5.0 4.9 5.0 5.0 5.0 4.9
Footnotes [1] through [7] are explained on page 24.
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The Hartford Insurance Group, Inc.
Net Investment Income
Consolidated
Three Months Ended Nine Months Ended
Net Investment Income by Segment Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Net Investment Income
Business Insurance $ 589 $ 556 $ 505 $ 562 $ 519 $ 449 $ 437 $ 1,650 $ 1,405
Personal Insurance 67 67 62 74 67 58 57 196 182
P&C Other Operations 22 22 20 20 19 19 18 64 56
Total Property & Casualty 678 645 587 656 605 526 512 1,910 1,643
Employee Benefits 154 137 131 153 136 118 126 422 380
Corporate 18 18 16 16 14 14 14 52 42
Total net investment income by segment $ 850 $ 800 $ 734 $ 825 $ 755 $ 658 $ 652 $ 2,384 $ 2,065
Three Months Ended Nine Months Ended
Net Investment Income from Limited Partnerships and Other Alternative Investments Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Total Property & Casualty $ 119 $ 94 $ 62 $ 125 $ 71 $ 11 $ 28 $ 275 $ 110
Employee Benefits 36 20 13 35 20 2 11 69 33
Corporate 1 — — — — — — 1 —
Total net investment income from limited partnerships and other alternative investments [1] $ 156 $ 114 $ 75 $ 160 $ 91 $ 13 $ 39 $ 345 $ 143
[1]Amounts are included above in total net investment income by segment.
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The Hartford Insurance Group, Inc.
Components of Net Realized Gains (Losses)
Consolidated
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Net Realized Gains (Losses)
Gross gains on sales of fixed maturities $ 7 $ 10 $ 18 $ 12 $ 17 $ 19 $ 13 $ 35 $ 49
Gross losses on sales of fixed maturities (25) (36) (30) (21) (38) (45) (25) (91) (108)
Equity securities [1] (27) 121 (17) 4 22 27 (12) 77 37
Net credit losses on fixed maturities, AFS (4) — — (2) — — 2 (4) 2
Change in ACL on mortgage loans — — — — (6) — — — (6)
Other net losses [2] (67) (31) (23) (23) (12) (20) (27) (121) (59)
Total net realized gains (losses) (116) 64 (52) (30) (17) (19) (49) (104) (85)
Net realized gains (losses), included in core earnings, before tax [3] 3 (24) 1 — 2 — 2 (20) 4
Total net gains (losses) excluded from core earnings, before tax (113) 40 (51) (30) (15) (19) (47) (124) (81)
Income tax expense (benefit) related to net realized losses excluded from core earnings 22 (8) 11 6 2 2 11 25 15
Total net realized gains (losses) excluded from core earnings, after tax $ (91) $ 32 $ (40) $ (24) $ (13) $ (17) $ (36) $ (99) $ (66)
[1]Includes all changes in fair value and trading gains and losses for equity securities.
[2]Includes changes in value of fair value option securities and non-qualifying derivatives, including credit derivatives, interest rate derivatives used to manage duration, and equity derivatives. Also includes periodic net coupon settlements on credit derivatives, which are included in core earnings, as well as transactional foreign currency revaluation.
[3]Represents net periodic settlements on credit derivatives.
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The Hartford Insurance Group, Inc.
Composition of Invested Assets
Consolidated
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025
Amount [1] Percent Amount Percent Amount Percent Amount [1] Percent Amount Percent
Total investments $ 64,720 100.0 % $ 63,999 100.0 % $ 63,300 100.0 % $ 63,494 100.0 % $ 62,113 100.0 %
Asset-backed securities $ 4,833 10.5 % $ 4,783 10.4 % $ 4,668 10.2 % $ 4,663 10.1 % $ 4,506 10.0 %
Collateralized loan obligations 3,652 8.0 % 3,360 7.3 % 3,330 7.3 % 3,316 7.2 % 3,379 7.5 %
Commercial mortgage-backed securities 1,605 3.5 % 1,822 3.9 % 2,232 4.8 % 2,328 5.1 % 2,498 5.5 %
Corporate 23,517 51.2 % 23,868 52.2 % 23,305 51.1 % 23,076 50.1 % 23,079 51.0 %
Foreign government/government agencies 438 1.0 % 454 1.0 % 436 1.0 % 447 1.0 % 409 0.9 %
Municipal 3,902 8.5 % 4,105 9.0 % 4,255 9.3 % 4,652 10.1 % 4,481 9.9 %
Residential mortgage-backed securities 5,685 12.4 % 5,787 12.6 % 6,092 13.4 % 6,178 13.4 % 5,778 12.8 %
U.S. Treasuries 2,270 4.9 % 1,645 3.6 % 1,314 2.9 % 1,381 3.0 % 1,073 2.4 %
Total fixed maturities, AFS [2] $ 45,902 100.0 % $ 45,824 100.0 % $ 45,632 100.0 % $ 46,041 100.0 % $ 45,203 100.0 %
U.S. government/government agencies $ 6,030 13.1 % $ 5,713 12.5 % $ 5,694 12.5 % $ 5,929 12.9 % $ 5,277 11.7 %
AAA 7,353 16.0 % 7,264 15.8 % 7,406 16.2 % 7,751 16.8 % 7,482 16.6 %
AA 8,057 17.6 % 7,772 17.0 % 7,381 16.2 % 7,340 15.9 % 7,313 16.2 %
A 12,046 26.2 % 12,305 26.9 % 12,517 27.4 % 12,470 27.1 % 12,628 27.9 %
BBB 10,175 22.2 % 10,501 22.9 % 10,375 22.7 % 10,250 22.3 % 10,179 22.5 %
BB 1,737 3.8 % 1,798 3.9 % 1,755 3.9 % 1,818 4.0 % 1,778 3.9 %
B 485 1.1 % 452 1.0 % 492 1.1 % 470 1.0 % 534 1.2 %
CCC 19 — % 19 — % 12 — % 13 — % 12 — %
Total fixed maturities, AFS [2] $ 45,902 100.0 % $ 45,824 100.0 % $ 45,632 100.0 % $ 46,041 100.0 % $ 45,203 100.0 %
[1]Amount represents the value at which the assets are presented in the Consolidating Balance Sheets (page 4).
[2]Fixed maturities, at fair value using the fair value option are not included.
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The Hartford Insurance Group, Inc.
Invested Asset Exposures
September 30, 2026
Cost or
Amortized Cost Fair Value Percent of Total
Invested Assets
Top Ten Corporate Fixed Maturity, AFS and Equity Exposures by Sector
Financial services $ 7,349 $ 7,028 10.9 %
Technology and communications 3,845 3,494 5.4 %
Consumer non-cyclical 3,500 3,242 5.0 %
Utilities 2,797 2,553 4.0 %
Capital goods 2,175 2,072 3.2 %
Consumer cyclical 1,656 1,573 2.4 %
Energy 1,574 1,485 2.3 %
Basic industry 1,198 1,151 1.8 %
Transportation 907 844 1.3 %
Other 617 610 0.9 %
Total $ 25,618 $ 24,052 37.2 %
Top Ten Exposures by Issuer [1]
TPG Partners X $ 309 $ 308 0.5 %
TPG AG ABC Structured Note 196 189 0.3 %
Goldman Sachs Group Inc. 196 178 0.3 %
Hyundai Motor Company 182 178 0.3 %
Duke Energy Corporation 183 175 0.3 %
AbbVie Inc. 179 170 0.3 %
Morgan Stanley 171 160 0.2 %
SPCC Funding I 159 159 0.2 %
Bank of America Corporation 168 159 0.2 %
Enterprise Holdings 162 158 0.2 %
Total $ 1,905 $ 1,834 2.8 %
[1]Includes corporate bonds, municipal bonds, bonds issued by foreign government/government agencies, equity securities excluding mutual funds, and short-term investments excluding reverse repurchase agreements.
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The Hartford Insurance Group, Inc.
Appendix
Basis of Presentation and Definitions
All amounts are in millions, except for per share and ratio information, unless otherwise stated. Amounts presented throughout this document have been rounded for presentation purposes.
The Hartford Insurance Group, Inc. (the "Company", "we", or "our") currently conducts business principally in four reportable segments: Business Insurance, Personal Insurance, Property & Casualty Other Operations ("P&C Other Operations"), and Employee Benefits, as well as a Corporate category.
Property & Casualty ("P&C") businesses consist of three reportable segments: Business Insurance, Personal Insurance and P&C Other Operations. Business Insurance provides workers’ compensation, property, automobile, general liability, umbrella, package business, professional liability, bond, marine, livestock, accident and health, assumed reinsurance, and other product lines to businesses in the United States ("U.S.") and internationally. Business Insurance generally consists of products written for small businesses, middle market companies as well as national and multi-national accounts, largely distributed through retail agents and brokers, wholesale agents and global and specialty insurance and reinsurance brokers. Global specialty provides a variety of customized insurance products, including reinsurance. Personal Insurance provides standard automobile, homeowners and personal umbrella coverages to individuals across the U.S., including a special program designed exclusively for members of AARP. P&C Other Operations includes certain property and casualty operations, managed by the Company, that have discontinued writing new business and includes substantially all of the Company's asbestos and environmental exposures.
Employee Benefits provides employers and associations with group life, accident and disability coverage, along with other products and services, including voluntary benefits, and group retiree health.
The Company includes in the Corporate category discontinued operations of the Company's Hartford Funds business accounted for as held for sale, reserves for run-off structured settlement and terminal funding agreement liabilities, restructuring costs, capital raising activities (including equity financing, debt financing and related interest expense), transaction expenses incurred in connection with an acquisition, certain M&A costs, purchase accounting adjustments related to goodwill, and other expenses not allocated to the reportable segments. Corporate also includes investment management fees and expenses related to managing third-party assets.
Certain operating and statistical measures for P&C Business Insurance and Personal Insurance have been incorporated herein to provide supplemental data that indicates current trends in the Company's business. These measures include net new business premium, gross new business premium, renewal written price increases, policy count retention, effective policy count retention, premium retention, and policies in-force.
•Net new business premium represents the amount of premiums charged, after ceded reinsurance, for policies issued to customers who were not insured with the Company in the previous policy term. Net new business premium plus renewal written premium equals total written premium.
•Gross new business premium represents the amount of premiums charged, before ceded reinsurance, for policies issued to customers who were not insured with the Company in the previous policy term. Gross new business premium plus gross renewal written premium less ceded reinsurance equals total written premium. For global specialty, gross new business premium is used by management, as it is thought to be more indicative of new business growth trends, in part because global specialty includes the Global Re assumed reinsurance book of business.
•Renewal written price increases for Business Insurance represents the combined effect of rate changes and individual risk pricing decisions per unit of exposure since the prior year on policies that renewed and includes amount of insurance, which is a component of change in exposure and offsets increases in loss cost trends due to inflation. For Personal Insurance, renewal written price increases represents the total change in premium per policy since the prior year on those policies that renewed and includes the combined effect of rate changes, amount of insurance and other changes in exposure. For Personal Insurance, other changes in exposure include, but are not limited to, the effect of changes in number of drivers, vehicles and incidents, as well as changes in customer policy elections, such as deductibles and limits.
•For small business, policy count retention represents the number of renewal policies issued during the current year period divided by the new and renewal policies issued in the prior period.
•For Personal Insurance, effective policy count retention represents the number of policies expected to renew in the current year period, based on contract effective dates, divided by the new and renewal policies effective in the prior period.
•Premium retention for middle & large business represents the ratio of prior period premiums that were successfully renewed divided by premiums associated with policies available for renewal in the current period. Premium retention excludes premium amounts from annual audits, renewal written price increases and changes in exposure, including amount of insurance. Premium Retention statistics are subject to change from period to period based on a number of factors, including the effect of subsequent cancellations and non-renewals.
•Policies in-force represents the number of policies with coverage in effect as of the end of the period. The number of policies in-force is a growth measure used for Personal Insurance as well as small business within Business Insurance and is affected by both new business growth and policy count retention.
The Company, along with others in the property and casualty insurance industry, uses underwriting ratios as measures of performance. The loss and loss adjustment expense ratio is the ratio of losses and loss adjustment expenses to earned premiums. The expense ratio is the ratio of underwriting expenses less fee income to earned premiums. Underwriting expenses included in the expense ratio consist of amortization of deferred policy acquisition costs and insurance operating costs and expenses, including certain centralized services and bad debt expense, but excluding integration and other non-recurring M&A costs. The policyholder dividend ratio is the ratio of policyholder dividends to earned premiums. The combined ratio is the sum of the loss and loss adjustment expense ratio, the expense ratio and the policyholder dividend ratio. These ratios are relative measurements that describe the related cost of losses, expenses and policyholder dividends for every $100 of earned premiums. A combined ratio below 100 demonstrates underwriting profit; a combined ratio above 100 demonstrates underwriting losses. The current accident year catastrophe ratio (a component of the loss and loss adjustment expense ratio) represents the ratio of catastrophe losses and loss adjustment expenses incurred in the current accident year to earned premiums. The prior accident year loss and loss adjustment expense ratio (a component of the loss and loss adjustment expense ratio) represents the increase (decrease) in the estimated cost of settling catastrophe and non-catastrophe claims incurred in prior accident years as recorded in the current calendar year divided by earned premiums.
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A catastrophe is a severe loss, resulting from natural or man-made events, including risks such as fire, earthquake, windstorm, explosion, terrorist attack, civil unrest and similar events. Each catastrophe has unique characteristics and the events are unpredictable as to timing or loss amount. Catastrophe losses are not included in either earnings or in losses and loss adjustment expense reserves prior to occurrence of the catastrophe event. The Company believes that a discussion of the effect of catastrophes is meaningful for investors to understand the variability of periodic earnings. For U.S. events, a catastrophe is an event that causes $25 or more in industry insured property losses and affects a significant number of property and casualty policyholders and insurers, as defined by the Property Claim Service office of Verisk. For international events, the Company's approach is similar, informed, in part, by how Lloyd's of London defines major losses.
The Company, along with others in the insurance industry, use loss and expense ratios as measures of the Employee Benefits segment's performance. The loss ratio is the ratio of benefits, losses and loss adjustment expenses, excluding those related to buyout premiums, to premiums and other considerations, excluding buyout premiums. The expense ratio is the ratio of insurance operating costs and other expenses (excluding integration and other non-recurring M&A costs) to premiums and other considerations, excluding buyout premiums. Buyout premiums represent takeover of open claim liabilities and other non-recurring premium amounts.
Discussion of Non-GAAP Financial Measures
The Company uses non-GAAP financial measures in this Investor Financial Supplement to assist investors in analyzing the Company's operating performance. Because the Company's calculation of these measures may differ from similar measures used by other companies, investors should be careful when comparing the Company's non-GAAP financial measures to those of other companies. Non-GAAP measures are indicated with an asterisk the first time they appear in this document.
Core earnings- The Hartford uses the non-GAAP measure core earnings as an important measure of the Company’s operating performance. The Hartford believes that core earnings provides investors with a valuable measure of the performance of the Company’s ongoing businesses because it reveals trends in our insurance businesses that may be obscured by including the net effect of certain items. Therefore, the following items are excluded from core earnings:
•Certain realized gains and losses - Generally realized gains and losses are primarily driven by investment decisions and external economic developments, the nature and timing of which are unrelated to the insurance and underwriting aspects of our business. Accordingly, core earnings excludes the effect of realized gains and losses that tend to be highly variable from period to period based on capital market conditions. The Hartford believes, however, that some realized gains and losses are integrally related to our insurance operations, so core earnings includes net realized gains and losses such as net periodic settlements on credit derivatives. These net realized gains and losses are directly related to an offsetting item included in the income statement such as net investment income.
•Restructuring and other costs - Costs incurred as part of a restructuring plan are not a recurring operating expense of the business.
•Loss on extinguishment of debt - Largely consisting of make-whole payments or tender premiums upon paying debt off before maturity, these losses are not a recurring operating expense of the business.
•Gains and losses on reinsurance transactions - Gains or losses on reinsurance, such as those entered into upon sale of a business or to reinsure loss reserves, are not a recurring operating expense of the business.
•Integration and other non-recurring M&A costs - These costs, including transaction costs incurred in connection with an acquired business, are incurred over a short period of time and do not represent an ongoing operating expense of the business.
•Change in loss reserves upon acquisition of a business - These changes in loss reserves are excluded from core earnings because such changes could obscure the ability to compare results in periods after the acquisition to results of periods prior to the acquisition.
•Deferred gain resulting from retroactive reinsurance and subsequent changes in the deferred gain - Retroactive reinsurance agreements economically transfer risk to the reinsurers and excluding the deferred gain on retroactive reinsurance and related amortization of the deferred gain from core earnings provides greater insight into the economics of the business.
•Change in valuation allowance on deferred taxes related to non-core components of before tax income - These changes in valuation allowances are excluded from core earnings because they relate to non-core components of before tax income, such as tax attributes like capital loss carryforwards.
•Results of discontinued operations - These results are excluded from core earnings for businesses sold or held for sale because such results could obscure the ability to compare period over period results for our ongoing businesses.
In addition to the above components of net income available to common stockholders that are excluded from core earnings, preferred stock dividends declared, which are excluded from net income, are included in the determination of core earnings. Preferred stock dividends are a cost of financing more akin to interest expense on debt and are expected to be a recurring expense as long as the preferred stock is outstanding.
Net income (loss) and net income (loss) available to common stockholders are the most directly comparable U.S. GAAP measures to core earnings. Core earnings should not be considered as a substitute for net income (loss) or net income (loss) available to common stockholders and does not reflect the overall profitability of the Company’s business. Therefore, The Hartford believes that it is useful for investors to evaluate net income (loss), net income (loss) available to common stockholders, and core earnings when reviewing the Company’s performance. A reconciliation of net income (loss) available to common stockholders to core earnings is set forth on page 2.
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Core earnings per share- This is a non-GAAP per share measure calculated using the non-GAAP financial measure core earnings rather than the U.S. GAAP measure net income. The Company believes that core earnings per share provides investors with a valuable measure of the Company's operating performance for the same reasons applicable to its underlying measure, core earnings. Net income (loss) available to common stockholders per share is the most directly comparable U.S. GAAP measure. Core earnings per share should not be considered as a substitute for net income (loss) available to common stockholders per share and does not reflect the overall profitability of the Company's business. Therefore, the Company believes that it is useful for investors to evaluate net income (loss) available to common stockholders per share and core earnings per share when reviewing our performance. A reconciliation of net income (loss) available to common stockholders per share to core earnings per share is set forth below.
Basic Earnings Per Share
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Net Income available to common stockholders per share
$ 4.88 $ 4.73 $ 3.08 $ 4.05 $ 3.82 $ 3.49 $ 2.18 $ 12.67 $ 9.48
Adjustments made to reconcile net income available to common stockholders per share to core earnings per share:
Net realized (gains) losses, excluded from core earnings, before tax
0.42 (0.15) 0.18 0.11 0.05 0.07 0.16 0.45 0.29
Integration and other non-recurring M&A costs, before tax
0.01 0.01 — — 0.01 0.01 0.01 0.02 0.02
Change in deferred gain on retroactive reinsurance, before tax
(1.84) — (0.13) — (0.03) (0.08) (0.11) (1.95) (0.23)
Income tax expense (benefit) on items excluded from core earnings
0.30 0.03 — (0.03) — — (0.01) 0.32 (0.02)
Income from discontinued operations, net of tax (0.23) (1.16) (0.19) (0.22) (0.21) (0.20) (0.16) (1.58) (0.57)
Core earnings per share $ 3.54 $ 3.46 $ 2.94 $ 3.91 $ 3.64 $ 3.29 $ 2.07 $ 9.93 $ 8.97
Core earnings per diluted share-This non-GAAP per share measure is calculated using the non-GAAP financial measure core earnings rather than the U.S. GAAP measure net income. The Company believes that core earnings per diluted share provides investors with a valuable measure of the Company's operating performance for the same reasons applicable to its underlying measure, core earnings. Net income (loss) available to common stockholders per diluted common share is the most directly comparable U.S. GAAP measure. Core earnings per diluted share should not be considered as a substitute for net income (loss) available to common stockholders per diluted common share and does not reflect the overall profitability of the Company's business. Therefore, the Company believes that it is useful for investors to evaluate net income (loss) available to common stockholders per diluted common share and core earnings per diluted share when reviewing the Company's performance. A reconciliation of net income available to common stockholders per diluted share to core earnings per diluted share is set forth below.
Diluted Earnings Per Share
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Net Income available to common stockholders per diluted share $ 4.82 $ 4.68 $ 3.04 $ 3.98 $ 3.77 $ 3.44 $ 2.15 $ 12.52 $ 9.34
Adjustments made to reconcile net income available to common stockholders per diluted share to core earnings per diluted share:
Net realized (gains) losses, excluded from core earnings, before tax 0.41 (0.14) 0.18 0.11 0.05 0.07 0.16 0.45 0.28
Integration and other non-recurring M&A costs, before tax
0.01 0.01 — — 0.01 0.01 0.01 0.02 0.02
Change in deferred gain on retroactive reinsurance, before tax
(1.82) — (0.13) — (0.03) (0.08) (0.11) (1.93) (0.22)
Income tax expense (benefit) on items excluded from core earnings
0.30 0.02 — (0.02) — — (0.01) 0.31 (0.01)
Income from discontinued operations, net of tax (0.22) (1.15) (0.19) (0.22) (0.21) (0.20) (0.16) (1.56) (0.56)
Core earnings per diluted share
$ 3.50 $ 3.42 $ 2.90 $ 3.85 $ 3.59 $ 3.24 $ 2.04 $ 9.81 $ 8.85
Book value per diluted share (excluding AOCI)-This is a non-GAAP per share measure that is calculated by dividing (a) common stockholders' equity, excluding AOCI, after tax, by (b) common shares outstanding and dilutive potential common shares. The Company provides this measure to enable investors to analyze the amount of the Company's net worth that is primarily attributable to the Company's business operations. The Company believes that excluding AOCI from the numerator is useful to investors because it eliminates the effect of items that can fluctuate significantly from period to period, primarily based on changes in interest rates. Book value per diluted share is the most directly comparable U.S. GAAP measure. Reconciliations of book value per common share and book value per diluted share to book value per common share, excluding AOCI and book value per diluted share, excluding AOCI, are set forth on page 1.
33
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Core Earnings Return on Equity- The Company provides different measures of the return on stockholders' equity (ROE). Core earnings ROE is calculated based on non-GAAP financial measures. Core earnings ROE is calculated by dividing (a) the non-GAAP measure core earnings for the prior four fiscal quarters by (b) the non-GAAP measure average common stockholders' equity, excluding AOCI. Net income ROE is the most directly comparable U.S. GAAP measure. The Company excludes AOCI in the calculation of core earnings ROE to provide investors with a measure of how effectively the Company is investing the portion of the Company's net worth that is primarily attributable to the Company's business operations. The Company provides to investors return on equity measures based on its non-GAAP core earnings financial measure for the reasons set forth in the core earnings definition. A reconciliation of Net income (loss) ROE to Core earnings ROE is set forth below:
Last Twelve Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025
Net income ROE 25.0 % 23.8 % 23.0 % 22.0 % 20.3 % 19.8 % 18.8 %
Adjustments to reconcile net income (loss) ROE to core earnings ROE:
Net realized (gains) losses, excluded from core earnings, before tax 0.8 % 0.3 % 0.7 % 0.6 % 0.5 % 0.6 % 0.9 %
Integration and other non-recurring M&A costs, before tax
— % — % — % — % — % — % 0.1 %
Change in deferred gain on retroactive reinsurance, before tax (2.9 %) (0.2 %) (0.4 %) (0.4 %) (0.3 %) (0.5 %) (0.6 %)
Income tax expense (benefit) on items not included in core earnings 0.4 % — % (0.1 %) (0.1 %) — % — % (0.1 %)
Impact of AOCI, excluded from denominator of core earnings ROE (2.7 %) (2.7 %) (2.9 %) (2.7 %) (2.1 %) (2.8 %) (2.8 %)
Income from discontinued operations, net of tax (2.7 %) (2.5 %) (1.1 %) (1.1 %) (1.1 %) (1.1 %) (1.2 %)
Core earnings ROE 17.9 % 18.7 % 19.2 % 18.3 % 17.3 % 16.0 % 15.1 %
Common stockholders' equity, excluding AOCI- This non-GAAP measure is calculated as total stockholders' equity less preferred stock and AOCI. Total stockholders' equity is the most directly comparable U.S. GAAP measure. The Company provides this measure to enable investors to analyze the amount of the Company's net worth that is primarily attributable to the Company's business operations. The Company believes that excluding AOCI is useful to investors because it eliminates the effect of items that can fluctuate significantly from period to period, primarily based on changes in interest rates. A reconciliation of common stockholders' equity, excluding AOCI to its most directly comparable U.S. GAAP measure, total stockholders' equity, is set forth on page 5.
Total capitalization, excluding AOCI, net of tax- This non-GAAP measure is calculated as total debt plus total stockholders' equity, excluding the impacts of AOCI included in stockholders’ equity. Total capitalization, including AOCI, net of tax is the most directly comparable U.S. GAAP measure. Total debt to capitalization ratio, excluding AOCI, is calculated by dividing total debt to total capitalization, excluding AOCI, net of tax. The Company provides this measure to enable investors to analyze the Company’s financial leverage. The Company believes that excluding AOCI is useful to investors because it eliminates the effect of items that can fluctuate significantly from period to period, primarily based on changes in interest rates. Reconciliations of capitalization metrics, are set forth on page 5.
34
Table of Contents
Underwriting gain (loss)-This non-GAAP financial measure is a before tax measure that represents earned premiums less incurred losses, loss adjustment expenses and underwriting expenses. Net income (loss) is the most directly comparable U.S. GAAP measure. The Hartford's management evaluates profitability of the Business and Personal Insurance segments primarily on the basis of underwriting gain or loss. Underwriting gain (loss) is influenced significantly by earned premium growth and the adequacy of The Hartford's pricing. Underwriting profitability over time is also greatly influenced by The Hartford's underwriting discipline, as management strives to manage exposure to loss through favorable risk selection and diversification, effective management of claims, use of reinsurance and its ability to manage its expenses. The Hartford believes that underwriting gain (loss) provides investors with a valuable measure of profitability, before tax, derived from underwriting activities, which are managed separately from the Company's investing activities. Reconciliations of net income (loss) to underwriting gain (loss) for the Company's P&C businesses are set forth below.
Underlying underwriting gain (loss)- This non-GAAP measure of underwriting profitability represents underwriting gain (loss) before current accident year catastrophes, PYD and current accident year change in loss reserves upon acquisition of a business. The most directly comparable U.S. GAAP measure is net income (loss). The Company believes underlying underwriting gain (loss) is important to understand the Company’s periodic earnings because the volatile and unpredictable nature (i.e., the timing and amount) of catastrophes and prior accident year reserve development could obscure underwriting trends. The changes to loss reserves upon acquisition of a business are also excluded from underlying underwriting gain (loss) because such changes could obscure the ability to compare results in periods after the acquisition to results of periods prior to the acquisition as such trends are valuable to our investors' ability to assess the Company's financial performance. Reconciliation of net income (loss) to underlying underwriting gain (loss) for the Company's P&C businesses are set forth below.
Property & Casualty
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Net income $ 1,136 $ 851 $ 717 $ 968 $ 861 $ 800 $ 495 $ 2,704 $ 2,156
Adjustments to reconcile net income to underlying underwriting gain:
Net investment income (678) (645) (587) (656) (605) (526) (512) (1,910) (1,643)
Net realized (gains) losses 136 (17) 24 25 30 26 26 143 82
Net servicing and other (income) expense (2) (1) (4) (2) (3) (4) (4) (7) (11)
Income tax expense 292 216 182 251 219 201 125 690 545
Underwriting gain 884 404 332 586 502 497 130 1,620 1,129
Current accident year catastrophes 198 222 230 (1) 70 212 467 650 749
Prior accident year development (594) (111) (41) (12) (103) (187) (122) (746) (412)
Underlying underwriting gain $ 488 $ 515 $ 521 $ 573 $ 469 $ 522 $ 475 $ 1,524 $ 1,466
Business Insurance
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Net income $ 637 $ 704 $ 536 $ 897 $ 710 $ 696 $ 477 $ 1,877 $ 1,883
Adjustments to reconcile net income to underlying underwriting gain:
Net investment income (589) (556) (505) (562) (519) (449) (437) (1,650) (1,405)
Net realized (gains) losses 117 (12) 19 21 26 20 24 124 70
Other expense (income) 3 1 (1) 1 — 1 1 3 2
Income tax expense 159 179 136 234 180 176 122 474 478
Underwriting gain 327 316 185 591 397 444 187 828 1,028
Current accident year catastrophes 106 129 171 (12) 39 114 280 406 433
Prior accident year development (61) (52) 30 (152) (60) (146) (83) (83) (289)
Underlying underwriting gain $ 372 $ 393 $ 386 $ 427 $ 376 $ 412 $ 384 $ 1,151 $ 1,172
35
Table of Contents
Personal Insurance
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Net income $ 93 $ 130 $ 139 $ 212 $ 139 $ 91 $ 5 $ 362 $ 235
Adjustments to reconcile net income to underlying underwriting gain (loss):
Net investment income (67) (67) (62) (74) (67) (58) (57) (196) (182)
Net realized (gains) losses 15 (4) 4 3 4 4 2 15 10
Net servicing and other (income) expense (5) (2) (3) (3) (4) (5) (5) (10) (14)
Income tax expense 26 33 35 55 35 23 — 94 58
Underwriting gain (loss) 62 90 113 193 107 55 (55) 265 107
Current accident year catastrophes 92 93 59 11 31 98 187 244 316
Prior accident year development (36) (59) (35) (56) (43) (41) (39) (130) (123)
Underlying underwriting gain $ 118 $ 124 $ 137 $ 148 $ 95 $ 112 $ 93 $ 379 $ 300
P&C Other Operations
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Net income (loss) $ 406 $ 17 $ 42 $ (141) $ 12 $ 13 $ 13 $ 465 $ 38
Adjustments to reconcile net income (loss) to underlying underwriting gain (loss):
Net investment income (22) (22) (20) (20) (19) (19) (18) (64) (56)
Net realized (gains) losses 4 (1) 1 1 — 2 — 4 2
Other expense — — — — 1 — — — 1
Income tax expense (benefit) 107 4 11 (38) 4 2 3 122 9
Underwriting gain (loss) 495 (2) 34 (198) (2) (2) (2) 527 (6)
Prior accident year development (497) — (36) 196 — — — (533) —
Underlying underwriting loss $ (2) $ (2) $ (2) $ (2) $ (2) $ (2) $ (2) $ (6) $ (6)
Underlying combined ratio-This non-GAAP financial measure of underwriting results represents the combined ratio before catastrophes, prior accident year development and current accident year change in loss reserves upon acquisition of a business. Combined ratio is the most directly comparable U.S. GAAP measure. The Company believes this ratio is an important measure of the trend in profitability since it removes the impact of volatile and unpredictable catastrophe losses and prior accident year loss and loss adjustment expense reserve development. The changes to loss reserves upon acquisition of a business are excluded from underlying combined ratio because such changes could obscure the ability to compare results in periods after the acquisition to results of periods prior to the acquisition as such trends are valuable to our investors' ability to assess the Company's financial performance. A reconciliation of the combined ratio to the underlying combined ratio for Property & Casualty, Business Insurance, and Personal Insurance is set forth on pages 10, 13 and 17, respectively.
36
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Underlying loss and loss adjustment expense ratio- This non-GAAP financial measure is the cost of non-catastrophe loss and loss adjustment expenses incurred in the current accident year divided by earned premiums. The loss and loss adjustment expense ratio is the most directly comparable U.S. GAAP measure. Management believes that the underlying loss and loss adjustment expense ratio is a performance measure that is useful to investors as it removes the impact of volatile and unpredictable catastrophe losses and prior accident year development ("PYD"). A reconciliation of the loss and loss adjustment expense ratio to the underlying loss and loss adjustment expense ratio for Property & Casualty, Business Insurance, and Personal Insurance is set forth below.
Property & Casualty
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Loss and loss adjustment expense ratio 51.7 61.0 61.6 56.2 58.5 58.8 66.3 58.0 61.1
Adjustment to reconcile loss and loss adjustment expense ratio to underlying loss and loss adjustment expense ratio:
Current accident year catastrophes and prior accident year development 8.5 (2.5) (4.2) 0.3 0.7 (0.6) (8.2) 0.7 (2.5)
Underlying loss and loss adjustment expense ratio 60.1 58.6 57.4 56.5 59.3 58.3 58.1 58.7 58.6
Business Insurance
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Loss and loss adjustment expense ratio 61.1 60.4 62.8 51.5 57.3 56.1 62.8 61.4 58.7
Adjustment to reconcile loss and loss adjustment expense ratio to underlying loss and loss adjustment expense ratio:
Current accident year catastrophes and prior accident year development (1.2) (2.1) (5.6) 4.5 0.6 1.0 (5.9) (2.9) (1.4)
Underlying loss and loss adjustment expense ratio 59.9 58.3 57.2 56.1 57.9 57.0 56.9 58.5 57.3
Personal Insurance
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Loss and loss adjustment expense ratio 67.2 63.8 60.6 53.3 62.9 69.0 79.1 63.9 70.2
Adjustment to reconcile loss and loss adjustment expense ratio to underlying loss and loss adjustment expense ratio:
Current accident year catastrophes and prior accident year development (6.2) (3.8) (2.6) 4.7 1.2 (6.1) (16.5) (4.2) (7.0)
Underlying loss and loss adjustment expense ratio 61.1 60.0 58.0 58.1 64.2 62.8 62.6 59.7 63.2
37
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Core earnings margin- The Hartford uses the non-GAAP measure core earnings margin to evaluate, and believes it is an important measure of, the Employee Benefits segment's operating performance. Core earnings margin is calculated by dividing core earnings by revenues, excluding buyouts and realized (gains) losses. Net income margin, calculated by dividing net income by revenues, is the most directly comparable U.S. GAAP measure. The Company believes that core earnings margin provides investors with a valuable measure of the performance of Employee Benefits because it reveals trends in the business that may be obscured by the effect of buyouts and realized (gains) losses as well as other items excluded in the calculation of core earnings. Core earnings margin should not be considered as a substitute for net income margin and does not reflect the overall profitability of Employee Benefits. Therefore, the Company believes it is important for investors to evaluate both core earnings margin and net income margin when reviewing performance. A reconciliation of net income margin to core earnings margin is set forth below.
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Net income margin 7.0 % 7.7 % 6.4 % 7.2 % 8.1 % 8.5 % 7.4 % 7.0 % 8.0 %
Adjustments to reconcile net income margin to core earnings margin:
Net realized (gains) losses, before tax (0.8 %) (0.5 %) 0.6 % 0.5 % 0.4 % 0.8 % 0.3 % (0.3 %) 0.5 %
Income tax expense (benefit) 0.2 % 0.1 % (0.1 %) (0.1 %) (0.2 %) (0.1 %) (0.1 %) 0.1 % (0.1 %)
Impact of excluding buyouts from denominator of core earnings margin — % 0.1 % — % — % — % — % — % 0.1 % — %
Core earnings margin 6.4 % 7.4 % 6.9 % 7.6 % 8.3 % 9.2 % 7.6 % 6.9 % 8.4 %
Net investment income excluding limited partnerships and other alternative investments- This non-GAAP measure is the amount of net investment income, on a Consolidated, P&C or Employee Benefits level earned from invested assets, excluding the net investment income related to limited partnerships and other alternative investments. The Company believes that net investment income, excluding limited partnerships and other alternative investments, provides investors with an important measure of the trend in investment earnings because it excludes the impact of the volatility in returns related to limited partnerships and other alternative investments. Net investment income is the most directly comparable U.S. GAAP measure. A reconciliation of net investment income to net investment income, excluding limited partnerships and other alternative investments is set forth below.
Consolidated
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Total net investment income $ 850 $ 800 $ 734 $ 825 $ 755 $ 658 $ 652 $ 2,384 $ 2,065
Adjustment for income from limited partnerships and other alternative investments (156) (114) (75) (160) (91) (13) (39) (345) (143)
Net investment income excluding limited partnerships and other alternative investments $ 694 $ 686 $ 659 $ 665 $ 664 $ 645 $ 613 $ 2,039 $ 1,922
Property & Casualty
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Total net investment income $ 678 $ 645 $ 587 $ 656 $ 605 $ 526 $ 512 $ 1,910 $ 1,643
Adjustment for income from limited partnerships and other alternative investments (119) (94) (62) (125) (71) (11) (28) (275) (110)
Net investment income excluding limited partnerships and other alternative investments $ 559 $ 551 $ 525 $ 531 $ 534 $ 515 $ 484 $ 1,635 $ 1,533
Employee Benefits
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Total net investment income $ 154 $ 137 $ 131 $ 153 $ 136 $ 118 $ 126 $ 422 $ 380
Adjustment for income from limited partnerships and other alternative investments (36) (20) (13) (35) (20) (2) (11) (69) (33)
Net investment income excluding limited partnerships and other alternative investments $ 118 $ 117 $ 118 $ 118 $ 116 $ 116 $ 115 $ 353 $ 347
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Annualized investment yield, excluding limited partnerships and other alternative investments-This non-GAAP measure is calculated as (a) the annualized net investment income, on a Consolidated, P&C or Employee Benefits level, excluding limited partnerships and other alternative investments, divided by (b) the monthly average invested assets at amortized cost, as applicable, excluding derivatives book value and limited partnerships and other alternative investments. The Company believes that annualized investment yield, excluding limited partnerships and other alternative investments, provides investors with an important measure of the trend in investment earnings because it excludes the impact of the volatility in returns related to limited partnerships and other alternative investments. Annualized investment yield is the most directly comparable U.S. GAAP measure. A reconciliation of annualized investment yield to annualized investment yield, excluding limited partnerships and other alternative investments is set forth below.
Consolidated
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Annualized investment yield 5.1 % 4.9 % 4.5 % 5.2 % 4.8 % 4.3 % 4.3 % 4.9 % 4.5 %
Adjustment for income from limited partnerships and other alternative investments (0.5 %) (0.2 %) — % (0.6 %) (0.2 %) 0.3 % 0.1 % (0.3 %) — %
Annualized investment yield excluding limited partnerships and other alternative investments 4.6 % 4.7 % 4.5 % 4.6 % 4.6 % 4.6 % 4.4 % 4.6 % 4.5 %
Property & Casualty
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Annualized investment yield 5.2 % 5.0 % 4.6 % 5.2 % 4.9 % 4.4 % 4.3 % 4.9 % 4.5 %
Adjustment for income from limited partnerships and other alternative investments (0.5 %) (0.3 %) (0.1 %) (0.6 %) (0.2 %) 0.3 % 0.1 % (0.3 %) 0.1 %
Annualized investment yield excluding limited partnerships and other alternative investments 4.7 % 4.7 % 4.5 % 4.6 % 4.7 % 4.7 % 4.4 % 4.6 % 4.6 %
Employee Benefits
Three Months Ended Nine Months Ended
Sept 30 2026 Jun 30 2026 Mar 31 2026 Dec 31 2025 Sept 30 2025 Jun 30 2025 Mar 31 2025 Sept 30 2026 Sept 30 2025
Annualized investment yield 5.4 % 4.8 % 4.5 % 5.3 % 4.8 % 4.1 % 4.3 % 4.9 % 4.4 %
Adjustment for income from limited partnerships and other alternative investments (0.8 %) (0.2 %) 0.1 % (0.8 %) (0.3 %) 0.3 % 0.1 % (0.3 %) — %
Annualized investment yield excluding limited partnerships and other alternative investments 4.6 % 4.6 % 4.6 % 4.5 % 4.5 % 4.4 % 4.4 % 4.6 % 4.4 %
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Cover Document and Entity information
Oct. 26, 2026
Document Type
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Document Period End Date
Oct. 26, 2026
Entity Registrant Name
The Hartford Insurance Group, Inc.
Entity Incorporation, State or Country Code
DE
Entity File Number
001-13958
Entity Tax Identification Number
13-3317783
Entity Address, Address Line One
One Hartford Plaza
Entity Address, City or Town
Hartford
Entity Address, State or Province
CT
Entity Address, Postal Zip Code
06155
City Area Code
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Local Phone Number
547-5000
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Common Stock, par value $0.01 per share
Title of 12(b) Security
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Trading Symbol
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Security Exchange Name
NYSE
6.10% Notes due October 1, 2041
Title of 12(b) Security
6.10% Senior Notes due October 1, 2041
Trading Symbol
HIG 41
Security Exchange Name
NYSE
Depositary Shares, Each Representing a 1/1,00th Interest in a Share of 6.000% Non-Cumulative Preferred Stock, Series G, par value $0.01 per share
Title of 12(b) Security
Depositary Shares, Each Representing a 1/1,000th Interest in a Share of 6.000% Non-Cumulative Preferred Stock, Series G, par value $0.01 per share
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The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
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- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
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- Definition
Local phone number for entity.
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No definition available.
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
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- Definition
Title of a 12(b) registered security.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
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Name of the Exchange on which a security is registered.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
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- Definition
Trading symbol of an instrument as listed on an exchange.
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No definition available.
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
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