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Segment Information (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated
Segment Revenues
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Business Insurance
Workers’ compensation$917 $926 $1,835 $1,843 
General liability609 540 1,193 1,066 
Marine68 67 137 134 
Package business659 572 1,278 1,121 
Commercial property355 306 694 596 
Professional liability208 200 414 403 
Bond83 80 168 158 
Assumed reinsurance222 180 442 361 
Commercial automobile314 261 609 509 
Business Insurance earned premium and fee income3,435 3,132 6,770 6,191 
Net investment income449 402 886 793 
Net realized losses(20)(50)(44)(38)
Other revenue [1]— — 
Total Business Insurance3,865 3,484 7,614 6,946 
Personal Insurance
Personal automobile634 598 1,258 1,170 
Homeowners305 259 588 508 
Personal Insurance earned premium and fee income [2]939 857 1,846 1,678 
Net investment income58 50 115 100 
Net realized losses(4)(8)(6)(7)
Other revenue24 25 44 44 
Total Personal Insurance1,017 924 1,999 1,815 
P&C Other Operations
Net investment income19 19 37 37 
Net realized losses(2)(3)(2)(3)
Total P&C Other Operations17 16 35 34 
Employee Benefits
Group disability899 895 1,799 1,785 
Group life644 663 1,294 1,308 
Other120 107 238 211 
Employee Benefits premium and other considerations1,663 1,665 3,331 3,304 
Net investment income118 112 244 226 
Net realized losses(16)(9)(20)(8)
Total Employee Benefits1,765 1,768 3,555 3,522 
Hartford Funds
Mutual fund and ETF239 235 481 466 
Third-party life and annuity separate accounts [3]17 18 35 37 
Hartford Funds fee income256 253 516 503 
Net investment income10 
Net realized gains
Total Hartford Funds271 261 535 520 
Total segment revenues$6,935 $6,453 $13,738 $12,837 
[1] Other revenues for Business Insurance includes revenues from equity method investments that are not considered revenues from contracts with customers in the table below.
[2] For the three months ended June 30, 2025 and 2024, AARP members accounted for earned premiums of $841 and $788, respectively. For the six months ended June 30, 2025 and 2024, AARP members accounted for earned premiums of $1.66 billion and $1.55 billion, respectively.
[3] Represents revenues earned for investment advisory services on third party life and annuity separate account assets under management ("AUM") by the Company's Hartford Funds segment.
Segment, Reconciliation of Other Items from Segments to Consolidated
Significant Segment Expenses
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Business Insurance
Current accident year losses and loss adjustment expenses ("LAE") before catastrophes$1,952 $1,750 $3,843 $3,475 
Current accident year catastrophe losses and LAE114 155 394 264 
Prior accident year development of losses and LAE(146)(81)(229)(137)
Amortization of DAC546 489 1,077 965 
Insurance operating costs507 484 1,019 971 
Amortization of other intangible assets14 14 
Dividends to policyholders11 21 19 
Total Business Insurance2,991 2,813 6,139 5,571 
Personal Insurance
Current accident year losses and LAE before catastrophes585 597 1,148 1,172 
Current accident year catastrophe losses and LAE98 125 285 177 
Prior accident year development of losses and LAE(41)(34)(80)(41)
Amortization of DAC70 63 138 123 
Insurance operating costs172 169 354 322 
Amortization of other intangible assets— — 
Total Personal Insurance884 920 1,846 1,754 
P&C Other Operations
Prior accident year development of losses and LAE— — — 
Insurance operating costs
Total P&C Other Operations11 
Employee Benefits
Group disability losses617 601 1,238 1,225 
Group life losses478 497 997 1,030 
Group losses - other55 49 114 96 
Amortization of DAC17 18 
Insurance operating costs and other expenses407 387 813 784 
Amortization of other intangible assets10 10 20 20 
Total Employee Benefits1,576 1,553 3,199 3,173 
Hartford Funds
Sub-advisory expense72 71 145 140 
Employee compensation and benefits31 32 70 67 
Distribution and service70 74 143 147 
General, administrative and other30 26 54 52 
Total Hartford Funds203 203 412 406 
Total significant segment expenses$5,656 $5,491 $11,600 $10,915 
Reconciliation of Net Income from Segments to Consolidated
Segment/Category Summary For the Three Months Ended June 30, 2025
Reportable Segments
Business InsurancePersonal InsuranceP&C Other OperationsEmployee BenefitsHartford FundsTotal Reportable SegmentsCorporateConsolidated
Earned premium and fee income from external customers$3,435 $939 $— $1,663 $256 $6,293 $10 $6,303 
Net investment income449 58 19 118 650 14 664 
Net realized gains (losses)(20)(4)(2)(16)(33)23 (10)
Other revenue [1]24 — — — 25 30 
Total Revenues3,865 1,017 17 1,765 271 6,935 52 6,987 
Significant segment expenses2,991 884 1,576 203 5,656 5,656 
Other segment expenses [2]19 — — — 21 21 
Corporate expenses64 64 
Income tax expense (benefit)176 23 39 14 254 (3)251 
Net income (loss)$696 $91 $13 $150 $54 $1,004 $(9)$995 
Other segment disclosures:
Amortization of DAC $546 $70 $ $9 $ $625 $ $625 
Amortization of other intangibles $7 $ $ $10 $ $17 $ $17 
Segment/Category Summary For the Six Months Ended June 30, 2025
Reportable Segments
Business InsurancePersonal InsuranceP&C Other OperationsEmployee BenefitsHartford FundsTotal Reportable SegmentsCorporateConsolidated
Earned premium and fee income from external customers$6,770 $1,846 $— $3,331 $516 $12,463 $21 $12,484 
Net investment income886 115 37 244 10 1,292 28 1,320 
Net realized gains (losses)(44)(6)(2)(20)(63)(59)
Other revenue [1]44 — — — 46 52 
Total Revenues7,614 1,999 35 3,555 535 13,738 59 13,797 
Significant segment expenses6,139 1,846 3,199 412 11,600 11,600 
Other segment expenses [2]34 — — — 38 38 
Corporate expenses130 130 
Income tax expense (benefit)298 23 73 26 425 (21)404 
Net income (loss)$1,173 $96 $26 $283 $97 $1,675 $(50)$1,625 
Other segment disclosures:
Amortization of DAC $1,077 $138 $ $17 $ $1,232 $ $1,232 
Amortization of other intangibles $14 $1 $ $20 $ $35 $ $35 
Segment/Category Summary For the Three Months Ended June 30, 2024
Reportable Segments
Business InsurancePersonal InsuranceP&C Other OperationsEmployee BenefitsHartford FundsTotal Reportable SegmentsCorporateConsolidated
Earned premium and fee income from external customers$3,132 $857 $— $1,665 $253 $5,907 $10 $5,917 
Net investment income402 50 19 112 588 14 602 
Net realized gains (losses)(50)(8)(3)(9)(67)(59)
Other revenue [1]— 25 — — — 25 26 
Total Revenues3,484 924 16 1,768 261 6,453 33 6,486 
Significant segment expenses2,813 920 1,553 203 5,491 5,491 
Other segment expenses [2]19 — — — 20 20 
Corporate expenses63 63 
Income tax expense (benefit)130 (4)44 14 187 (13)174 
Net income (loss)$540 $(11)$11 $171 $44 $755 $(17)$738 
Other segment disclosures:
Amortization of DAC$489 $63 $ $9 $ $561 $ $561 
Amortization of other intangibles$7 $ $ $10 $ $17 $ $17 
Segment/Category Summary For the Six Months Ended June 30, 2024
Reportable Segments
Business InsurancePersonal InsuranceP&C Other OperationsEmployee BenefitsHartford FundsTotal Reportable SegmentsCorporateConsolidated
Earned premium and fee income from external customers$6,191 $1,678 $— $3,304 $503 $11,676 $20 $11,696 
Net investment income793 100 37 226 1,165 30 1,195 
Net realized gains (losses)(38)(7)(3)(8)(48)17 (31)
Other revenue [1]— 44 — — — 44 45 
Total Revenues6,946 1,815 34 3,522 520 12,837 68 12,905 
Significant segment expenses5,571 1,754 11 3,173 406 10,915 10,915 
Other segment expenses [2]34 — — — 37 37 
Corporate expenses130 130 
Income tax expense (benefit)259 70 25 362 (30)332 
Net income (loss)$1,113 $23 $19 $279 $89 $1,523 $(32)$1,491 
Other segment disclosures:
Amortization of DAC$965 $123 $ $18 $ $1,106 $ $1,106 
Amortization of other intangibles$14 $1 $ $20 $ $35 $ $35 
[1] Other revenues for Business Insurance and Corporate includes revenues from equity method investments that are not considered revenues from contracts with customers in the table below.
[2] Other segment expenses primarily consists of integration costs associated with the 2019 acquisition of Navigators Group for Business Insurance and servicing expenses for Personal Insurance
Reconciliation of Assets from Segment to Consolidated
Assets
June 30, 2025December 31, 2024
Business Insurance$55,682 $53,296 
Personal Insurance6,453 6,034 
Property & Casualty Other Operations4,237 4,312 
Employee Benefits13,289 13,502 
Hartford Funds755 761 
Total Reportable Segments80,416 77,905 
Corporate 3,223 3,012 
Total assets$83,639 $80,917 
Disaggregation of Revenue [Table Text Block]
Non-Insurance Revenue from Contracts with Customers
Three Months Ended June 30,Six Months Ended June 30,
Revenue Line Item2025202420252024
Business Insurance
Installment billing feesFee income$11 $11 $22 $22 
Personal Insurance
Installment billing feesFee income16 16 
Insurance servicing revenuesOther revenues24 25 44 44 
Employee Benefits
Administrative servicesFee income57 57 113 111 
Hartford Funds
Advisory, servicing and distribution feesFee income256 253 516 503 
Corporate
Investment management and other feesFee income10 10 21 20 
Total non-insurance revenues with customers$366 $364 $732 $716