哈特福德保险 2025年季度报告

FORM 10-Q____________________________________ (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGEACT OF 1934For the quarterly period ended March 31, 2025 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGEACT OF 1934For the transition period from ____________ to ______________Commission file number 001-13958____________________________________ The Hartford Insurance Group, Inc. (Exact name of registrant as specified in its charter) (Address of principal executive offices) (Zip Code) (860) 547-5000 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark: •whether the registrant (1) has filed all reports required to be filed by Section 13or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (orfor such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirements for the past 90 days. •whether the registrant has submitted electronically every Interactive Data Filerequired to be submitted pursuant to Rule 405 of Regulation S-T during thepreceding 12 months (or for such shorter period that the registrant was required tosubmit such files). •whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company.See definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany” and "emerging growth company" in Rule 12b-2 of the Exchange Act. Large acceleratedfiler Accelerated filerSmaller reportingcompanyEmerging growthcompany Non-accelerated filer •If an emerging growth company, indicate by check mark if the registrant has elected notto use the extended transition period for complying with any new or revised financialaccounting standards provided pursuant to Section 13(a) of the Exchange Act. •whether the registrant is a shell company (as defined in Rule 12b-2 of the ExchangeAct). As of April 23, 2025, there were outstanding 284,102,986 shares of Common Stock, $0.01 par value per share, of theregistrant. The Hartford Insurance Group, Inc.Quarterly Report on Form 10-QFor the Quarterly Period Ended March 31, 2025Table of Contents Part I. Financial Information 1.Financial StatementsReport of Independent Registered Public Accounting Firm6Condensed Consolidated Statements of Operations - For the Three Months Ended March 31, 2025 and 20247 Forward-looking Statements Certain of the statements contained herein are forward-looking statements made pursuant to the safe harborprovisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified bywords such as “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “expects,” “projects,” and similarreferences to future periods. Forward-looking statements are based on management's current expectations and assumptions regarding futureeconomic, competitive, legislative and other developments and their potential effect upon The Hartford InsuranceGroup, Inc. and its subsidiaries (collectively, the "Company" or "The Hartford"). Because forward-looking statementsrelate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult topredict. 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, the Risk Factors of The Hartford's 2024 Form 10-K Annual Report, and our other filings with the Securities andExchange Commission. •Risks Relating to Economic, Political and Global Market Conditions: ◦challengesrelated to the Company’s current operating environment, including global political, economic andmarket conditions, and the effect of financial market disruptions, economic downturns, changes in traderegulation including tariffs and other barriers or other potentially adverse macroeconomic developments onthe demand for our products and returns in our investment portfolios; ◦marketrisks associated with our business, including changes in credit spreads, equity prices, interest rates,inflation rate, foreign currency exchange rates and market volatility; ◦theimpact on our investment portfolio if our investment portfolio is concentrated in any particular segment of theeconomy; ◦theimpacts of changing climate and weather patterns on our businesses, operations and investment portfolioincluding on claims, demand and pricing of our products, the availability and cost of reinsurance, ourmodeling data used to evaluate and manage risks of catastrophes and severe weather events, the value ofour investment portfolios and credit risk with reinsurers and other counterparties; •Insurance Industry and Product-Related Risks: ◦thepossibility of unfavorable loss develo