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Investments (Tables)

9 Months Ended

Sep. 30, 2021

Sep. 30, 2020

Investments [Abstract]

Net Realized Capital Gains (Losses)

Net Realized Gains (Losses)
			Three Months Ended September 30,									Nine Months Ended September 30,
(Before tax)			2021			2020						2021			2020
Gross gains on sales			$	63		$	27					$	162		$	201
Gross losses on sales			(8)			(12)						(54)			(42)
Equity securities [1]			3			42						134			(269)
Net credit losses on fixed maturities, AFS			—			(1)						4			(33)
Change in ACL on mortgage loans			(2)			5						12			(19)
Intent-to-sell impairments			—			—						—			(5)
Other, net [2]			14			(55)						39			51
Net realized gains (losses)			$	70		$	6					$	297		$	(116)

[1]The net unrealized gains (losses) on equity securities included in net realized gains (losses) related to equity securities still held as of September 30, 2021, were $(17) and $92 for the three and nine months ended September 30, 2021 respectively. The net unrealized gains on equity securities included in net realized gains (losses) related to equity securities still held as of September 30, 2020, were $36 and $6 for the three and nine months ended September 30, 2020 respectively.

[2]For both the three and nine months ended September 30, 2021 includes gains (losses) from transactional foreign currency revaluation of $6 and $(1), respectively, non-qualifying derivatives of $10 and $16, respectively, and an additional loss of $(2) and $(20), respectively, on the pending sale of Continental Europe Operations. For the nine months ended September 30, 2021, there was also a gain of $46 on the sale of the Company's previously owned equity interest in Talcott Resolution. For the three and nine months ended September 30, 2020, includes gains (losses) from transactional foreign currency revaluation of $(4) and $6, respectively, non-qualifying derivatives of $(2) and $97, respectively, and a loss of $51 related to the pending sale of the Continental Europe Operations.

Debt Securities, Available-for-sale, Allowance for Credit Loss [Table Text Block]

ACL on Fixed Maturities, AFS by Type
			Three Months Ended September 30,																					Nine Months Ended September 30,
			2021									2020												2021									2020
(Before tax)			Corporate			Total						Corporate			Municipal			Total						Corporate			Total						Corporate			Municipal			Total
Balance as of beginning of period			$	4		$	4					$	32		$	—		$	32					$	23		$	23					$	—		$	—		$	—
Credit losses on fixed maturities where an allowance was not previously recorded			—			—						—			3			3						2			2						35			3			38
Reduction due to sales			—			—						(1)			—			(1)						(15)			(15)						(3)			—			(3)
Net increases (decreases) on fixed maturities where an allowance was previously recorded			—			—						(2)			—			(2)						(6)			(6)						(3)			—			(3)
Balance as of end of period			$	4		$	4					$	29		$	3		$	32					$	4		$	4					$	29		$	3		$	32

Schedule of Available-for-sale Securities

Fixed Maturities, AFS, by Type
			September 30, 2021																		December 31, 2020
			Amortized Cost			ACL			Gross Unrealized Gains			Gross Unrealized Losses			Fair Value									Amortized Cost			ACL			Gross Unrealized Gains			Gross Unrealized Losses			Fair Value
ABS			$	1,187		$	—		$	20		$	—		$	1,207								$	1,525		$	—		$	39		$	—		$	1,564
CLOs			3,002			—			10			(1)			3,011									2,780			—			7			(7)			2,780
CMBS			3,969			—			231			(9)			4,191									4,219			—			286			(21)			4,484
Corporate			17,597			(4)			1,310			(42)			18,861									18,401			(23)			1,926			(31)			20,273
Foreign govt./govt. agencies			916			—			40			(3)			953									842			—			77			—			919
Municipal			8,113			—			776			(11)			8,878									8,564			—			940			(1)			9,503
RMBS			3,212			—			85			(11)			3,286									3,966			—			144			(3)			4,107
U.S. Treasuries			3,489			—			83			(17)			3,555									1,264			—			141			—			1,405
Total fixed maturities, AFS			$	41,485		$	(4)		$	2,555		$	(94)		$	43,942								$	41,561		$	(23)		$	3,560		$	(63)		$	45,035

Investments by Contractual Maturity Year

Fixed Maturities, AFS, by Contractual Maturity Year
			September 30, 2021									December 31, 2020
			Amortized Cost			Fair Value						Amortized Cost			Fair Value
One year or less			$	1,319		$	1,340					$	1,411		$	1,432
Over one year through five years			8,214			8,577						7,832			8,286
Over five years through ten years			9,088			9,520						7,622			8,354
Over ten years			11,494			12,810						12,206			14,028
Subtotal			30,115			32,247						29,071			32,100
Mortgage-backed and asset-backed securities			11,370			11,695						12,490			12,935
Total fixed maturities, AFS			$	41,485		$	43,942					$	41,561		$	45,035

Unrealized Gain (Loss) on Investments [Table Text Block]

Unrealized Loss Aging for Fixed Maturities, AFS by Type and Length of Time as of September 30, 2021
						Less Than 12 Months												12 Months or More												Total
						Fair Value			Unrealized Losses									Fair Value			Unrealized Losses									Fair Value			Unrealized Losses
ABS						$	204		$	—								$	—		$	—								$	204		$	—
CLOs						842			(1)									159			—									1,001			(1)
CMBS						298			(3)									87			(6)									385			(9)
Corporate						2,229			(34)									208			(8)									2,437			(42)
Foreign govt./govt. agencies						265			(3)									—			—									265			(3)
Municipal						695			(11)									12			—									707			(11)
RMBS						880			(8)									100			(3)									980			(11)
U.S. Treasuries						2,707			(17)									3			—									2,710			(17)
Total fixed maturities, AFS in an unrealized loss position						$	8,120		$	(77)								$	569		$	(17)								$	8,689		$	(94)

Unrealized Loss Aging for Fixed Maturities, AFS by Type and Length of Time as of December 31, 2020
						Less Than 12 Months												12 Months or More												Total
						Fair Value			Unrealized Losses									Fair Value			Unrealized Losses									Fair Value			Unrealized Losses
ABS						$	44		$	—								$	—		$	—								$	44		$	—
CLOs						758			(2)									715			(5)									1,473			(7)
CMBS						410			(17)									19			(4)									429			(21)
Corporate						466			(13)									212			(18)									678			(31)
Foreign govt./govt. agencies						24			—									—			—									24			—
Municipal						34			(1)									—			—									34			(1)
RMBS						461			(3)									21			—									482			(3)
U.S. Treasuries						39			—									—			—									39			—
Total fixed maturities, AFS in an unrealized loss position						$	2,236		$	(36)								$	967		$	(27)								$	3,203		$	(63)

Financing Receivable, Allowance for Credit Loss [Table Text Block]

ACL on Mortgage Loans
			Three Months Ended September 30,									Nine Months Ended September 30,
			2021			2020						2021			2020
ACL as of beginning of period			$	24		$	43					$	38		$	—
Cumulative effect of accounting changes [1]															19
Adjusted beginning ACL			24			43						38			19
Current period provision (release)			2			(5)						(12)			19
ACL as of September 30,			$	26		$	38					$	26		$	38

[1]Represents the adjustment to the ACL recorded on adoption of accounting guidance for credit losses on January 1, 2020. For further information, see the Financial Instruments - Credit Losses section within Note 1 - Basis of Presentation and Significant Accounting Policies, included in The Hartford's 2020 Form 10-K Annual Report.

Loans Credit Quality

Mortgage Loans LTV & DSCR by Origination Year as of September 30, 2021
			2021						2020						2019						2018						2017						2016 & Prior						Total
Loan-to-value			Amortized Cost			Avg. DSCR			Amortized Cost			Avg. DSCR			Amortized Cost			Avg. DSCR			Amortized Cost			Avg. DSCR			Amortized Cost			Avg. DSCR			Amortized Cost			Avg. DSCR			Amortized Cost [1]			Avg. DSCR
65% - 80%			$	3		2.25x			$	51		2.63x			$	91		1.37x			$	111		1.04x			$	45		1.75x			$	125		1.52x			$	426		1.52x
Less than 65%			1,020			2.86x			654			2.76x			772			2.71x			485			2.21x			419			1.88x			1,356			2.46x			4,706			2.55x
Total mortgage loans			$	1,023		2.86x			$	705		2.75x			$	863		2.57x			$	596		1.99x			$	464		1.87x			$	1,481		2.38x			$	5,132		2.47x

[1]Amortized cost of mortgage loans excludes ACL of $26.

Mortgage Loans LTV & DSCR by Origination Year as of December 31, 2020
			2020						2019						2018						2017						2016						2015 & Prior						Total
Loan-to-value			Amortized Cost			Avg. DSCR			Amortized Cost			Avg. DSCR			Amortized Cost			Avg. DSCR			Amortized Cost			Avg. DSCR			Amortized Cost			Avg. DSCR			Amortized Cost			Avg. DSCR			Amortized Cost [1]			Avg. DSCR
65% - 80%			$	28		1.62x			$	243		1.58x			$	212		1.33x			$	45		2.02x			$	51		1.92x			$	115		1.74x			$	694		1.59x
Less than 65%			659			2.56x			676			2.85x			410			2.25x			446			1.89x			235			2.99x			1,411			3.01x			3,837			2.69x
Total mortgage loans			$	687		2.52x			$	919		2.51x			$	622		1.94x			$	491		1.90x			$	286		2.80x			$	1,526		2.92x			$	4,531		2.52x

[1]Amortized cost of mortgage loans excludes ACL of $38.

Mortgage Loans by Region
			September 30, 2021									December 31, 2020
			Amortized Cost			Percent of Total						Amortized Cost			Percent of Total
East North Central			$	294		5.7		%				$	290		6.4		%
Middle Atlantic			304			5.9		%				291			6.4		%
Mountain			418			8.1		%				254			5.6		%
New England			394			7.7		%				397			8.8		%
Pacific			1,216			23.7		%				1,001			22.1		%
South Atlantic			1,407			27.4		%				1,038			22.9		%
West North Central			44			0.9		%				44			1.0		%
West South Central			388			7.6		%				433			9.5		%
Other [1]			667			13.0		%				783			17.3		%
Total mortgage loans			5,132			100.0		%				4,531			100.0		%
ACL			(26)									(38)
Total mortgage loans, net of ACL			$	5,106								$	4,493

[1]Primarily represents loans collateralized by multiple properties in various regions.

Mortgage Loans by Property Type
			September 30, 2021									December 31, 2020
			Amortized Cost			Percent of Total						Amortized Cost			Percent of Total
Commercial
Industrial			$	1,804		35.2		%				$	1,339		29.5		%
Multifamily			1,695			33.0		%				1,498			33.1		%
Office			650			12.7		%				774			17.1		%
Retail [1]			916			17.8		%				788			17.4		%
Single Family			27			0.5		%				92			2.0		%
Other			40			0.8		%				40			0.9		%
Total mortgage loans			5,132			100.0		%				4,531			100.0		%
ACL			(26)									(38)
Total mortgage loans, net of ACL			$	5,106								$	4,493

[1]Primarily comprised of grocery-anchored retail centers, with no exposure to regional shopping malls.

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