XML 81 R18.htm IDEA: XBRL DOCUMENT v3.20.4
Goodwill & Other Intangible Assets
12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill & Other Intangible Assets
11. GOODWILL & OTHER INTANGIBLE ASSETS
Goodwill Carrying Value as of December 31, 2020
Commercial Lines
Personal Lines
Hartford Funds
Group Benefits
Corporate [1]
Total
Balance at December 31, 2018
$38 $119 $180 $723 $230 $1,290 
Goodwill related to acquisitions [2]623 — — — — 623 
Balance at December 31, 2019
$661 $119 $180 $723 $230 $1,913 
Measurement period adjustments [2](2)— — — — (2)
Balance at December 31, 2020
$659 $119 $180 $723 $230 $1,911 
[1]The Corporate category includes goodwill that was acquired at a holding company level and not pushed down to a subsidiary within a reportable segment. Carrying value of goodwill within Corporate as of December 31, 2020, 2019, and 2018 includes $138 and $92 for the Group Benefits and Hartford Funds reporting units, respectively.
[2] For further discussion on goodwill related to the acquisition of Navigators Group, refer to Note 2 - Business Acquisitions .
The annual goodwill assessment for The Hartford's reporting units was completed as of October 31, 2020, 2019, and 2018, which resulted in no write-downs of goodwill in the respective
years then ended. In 2020, all reporting units passed their annual impairment test with a significant margin.
Other Intangible Assets
As of December 31, 2020
As of December 31, 2019
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Amortized Intangible Assets:
Value of in-force contracts [1]$203 $(172)$31 $203 $(125)$78 
Customer relationships636 (134)502 636 (92)544 
Marketing agreement with Aetna16 (3)13 16 (2)14 
Distribution Agreement [2]79 (65)14 79 (61)18 
Distribution and Agency relationships & Other [3]340 (45)295 340 (19)321 
Total Finite Life Intangibles
1,274 (419)855 1,274 (299)975 
Total Indefinite Life Intangible Assets [4]95  95 95  95 
Total Other Intangible Assets
$1,369 $(419)$950 $1,369 $(299)$1,070 
[1]On May 23, 2019, the Company acquired Navigators Group and recorded a value of in-force-contracts intangible asset of $180 which will be amortized over 3 years. For further discussion on the value of in-force-contracts related to the acquisition of Navigators Group, refer to Note 2 - Business Acquisitions .
[2]On May 28, 2020, the Company amended its distribution agreement to, among other changes in terms, extend the agreement. As a result of this extension in term, The Hartford reassessed the useful life of the distribution agreement to amortize over a remaining life of approximately 6.5 years.
[3]On May 23, 2019, the Company acquired Navigators Group and recorded other intangible assets of $302 for distribution relationships and $17 for the trade name. The distribution relationships and trade name will be amortized over 15 years and 10 years, respectively. For further discussion on the value of distribution relationships and trade name related to the acquisition of Navigators Group, refer to Note 2 - Business Acquisitions .
[4]On May 23, 2019, the Company acquired Navigators Group and recorded an indefinite life intangible asset of $66 related to the capacity to write business through its Lloyd's Syndicate and recorded an indefinite life intangible of $15 for licenses . For further discussion on the indefinite life intangible assets related to the acquisition of Navigators Group, refer to Note 2 - Business Acquisitions .
Expected Pre-tax Amortization Expense [1] for Acquired Intangibles as of December 31, 2020

Value of In-force ContractsOther Intangible Assets
2021$21 $71 
2022$10 $70 
2023$— $70 
2024$— $70 
2025$— $70 
[1]In the Consolidated Statements of Operations, the amortization of value of in-force contracts is reported in amortization of deferred policy acquisition costs and the amortization of other intangible assets is reported in amortization of other intangible assets.