Hartford (The) · Earnings release · 8-K Exhibit 99

The Hartford Insurance Group, Inc.

Address:

One Hartford Plaza

A.M. Best

Standard & Poor’s

Moody’s

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

-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

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 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

Business Insurance Income Statements

Business Insurance Income Statements (Continued)

Business Insurance Underwriting Ratios

Business Insurance Supplemental Data

Personal Insurance Income Statements

Personal Insurance Income Statements (Continued)

Personal Insurance Underwriting Ratios

Personal Insurance Supplemental Data

Personal Insurance Supplemental Data (Continued)

P&C Other Operations Income Statements

Employee Benefits

Income Statements

Supplemental Data

Hartford Funds

Income Statements

Asset Value Rollforward - Assets Under Management By Asset Class

Corporate

Income Statements

Investments

Investment Income Before Tax - Consolidated

Investment Income Before Tax - Property & Casualty

Investment Income Before Tax - Employee Benefits

Net Investment Income

Components of Net Realized Gains (Losses)

Composition of Invested Assets

Invested Asset Exposures

Appendix

Basis of Presentation and Definitions

Discussion of Non-GAAP Financial Measures

Table of Contents

The Hartford Insurance Group, Inc.

Consolidated Financial Results

Three Months Ended

Year Ended

Highlights

Net income

$

$

$

$

$

$

$

$

$

$

Net income available to common stockholders [1]

$

$

$

$

$

$

$

$

$

$

Core earnings*

$

$

$

$

$

$

$

$

$

$

Total revenues

$

$

$

$

$

$

$

$

$

$

Total assets

$

$

$

$

$

$

$

$

Per Share and Shares Data

Basic earnings per common share

Net income available to common stockholders

$

$

$

$

$

$

$

$

$

$

Core earnings*

$

$

$

$

$

$

$

$

$

$

Diluted earnings per common share

Net income available to common stockholders

$

$

$

$

$

$

$

$

$

$

Core earnings*

$

$

$

$

$

$

$

$

$

$

Weighted average common shares outstanding (basic)

Dilutive effect of stock compensation

Weighted average common shares outstanding and dilutive potential common shares (diluted)

Common shares outstanding

Book value per common share

$

$

$

$

$

$

$

$

Per common share impact of accumulated other comprehensive income [2]

Book value per common share (excluding AOCI)*

$

$

$

$

$

$

$

$

Book value per diluted share

$

$

$

$

$

$

$

$

Per diluted share impact of AOCI

Book value per diluted share (excluding AOCI)*

$

$

$

$

$

$

$

$

Common shares outstanding and dilutive potential common shares

Return on Common Stockholders' Equity ("ROE") [3]

Net income available to common stockholders' ROE ("Net income ROE")

%

%

%

%

%

%

%

%

Core earnings ROE*

%

%

%

%

%

%

%

%

[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.

[3]For reconciliation of Net income ROE to Core earnings ROE, see Appendix beginning on page 33.

1

Table of Contents

The Hartford Insurance Group, Inc.

Consolidated Statements of Operations

Three Months Ended

Year Ended

Earned premiums

$

$

$

$

$

$

$

$

$

$

Fee income

Net investment income

Net realized gains (losses)

Other revenues

Total revenues

Benefits, losses and loss adjustment expenses

Amortization of deferred policy acquisition costs ("DAC")

Insurance operating costs and other expenses

Interest expense

Amortization of other intangible assets

Restructuring and other costs [1]

—

—

—

—

—

1

—

1

—

2

Total benefits, losses and expenses

Income before income taxes

Income tax expense

Net income

Preferred stock dividends

5

6

5

5

5

6

5

5

Net income available to common stockholders

Adjustments to reconcile net income available to common stockholders to core earnings:

Net realized losses (gains), excluded from core earnings, before tax

Restructuring and other costs, before tax [1]

—

—

—

—

—

1

—

1

—

2

Integration and other non-recurring M&A costs, before tax [2]

1

2

2

2

2

2

2

2

7

8

Change in deferred gain on retroactive reinsurance, before tax [3]

—

(8)

4

Income tax expense (benefit) [4]

(8)

(1)

3

(3)

(5)

2

(6)

(9)

3

Core earnings

$

$

$

$

$

$

$

$

$

$

[1]Represents restructuring costs related to the Company's Hartford Next operational transformation and cost reduction plan.

[2]Includes integration costs in connection with the 2019 acquisition of Navigators Group.

[3]The Company recorded amortization of the deferred gain related to the Navigators adverse development cover ("Navigators ADC") of $64 for the year ended December 31, 2025 and $58 and $145 for the three months and the year ended December 31, 2024, respectively. The deferred gain has been fully amortized as of September 30, 2025. In addition, for the three and twelve month periods ended December 31, 2024, the Company ceded, $62 of losses under the asbestos and environmental adverse development cover ("A&E ADC"), which was reflected as an increase to the deferred gain.

[4]Primarily represents federal income tax expense (benefit) related to before tax items not included in core earnings.

2

Table of Contents

The Hartford Insurance Group, Inc.

Operating Results By Segment

Three Months Ended

Year Ended

Net income (loss):

Business Insurance

$

$

$

$

$

$

$

$

$

$

Personal Insurance

5

Property & Casualty Other Operations ("P&C Other Operations")

8

Property & Casualty ("P&C")

Employee Benefits

Hartford Funds

Sub-total

Corporate

(9)

Net income

Preferred stock dividends

5

6

5

5

5

6

5

5

Net income available to common stockholders

$

$

$

$

$

$

$

$

$

$

Core earnings (loss):

Business Insurance

$

$

$

$

$

$

$

$

$

$

Personal Insurance

6

(4)

P&C Other Operations

7

P&C

Employee Benefits

Hartford Funds

Sub-total

Corporate

(5)

Core earnings

$

$

$

$

$

$

$

$

$

$

3

Table of Contents

The Hartford Insurance Group, Inc.

Consolidating Balance Sheets

Property & Casualty

Employee Benefits

Hartford Funds

Corporate [1]

Consolidated

Investments

Fixed maturities, available-for-sale ("AFS"), at fair value

$

$

$

$

$

—

$

—

$

$

$

$

Fixed maturities, at fair value using the fair value option

—

—

—

—

Equity securities, at fair value

Mortgage loans, net

—

—

—

—

Limited partnerships and other alternative investments

—

—

—

Other investments

6

6

—

—

Short-term investments

Total investments

Cash

—

9

5

—

Restricted cash

2

9

—

—

—

—

Accrued investment income

1

1

1

5

Premiums receivable and agents’ balances, net

—

—

—

—

Reinsurance recoverables, net [2]

—

—

Deferred policy acquisition costs ("DAC")

—

—

—

—

Deferred income taxes

—

2

Goodwill

Property and equipment, net

4

6

Other intangible assets

—

—

Other assets

Total assets

$

$

$

$

$

$

$

$

$

$

Unpaid losses and loss adjustment expenses

$

$

$

$

$

—

$

—

$

—

$

—

$

$

Reserves for future policy benefits [2]

—

—

—

—

Other policyholder funds and benefits payable [2]

—

—

—

—

Unearned premiums

—

—

—

—

Debt

—

—

—

—

—

—

Other liabilities

Total liabilities

Common stockholders' equity, excluding AOCI*

Preferred stock

—

—

—

—

—

—

AOCI, net of tax

—

—

Total stockholders' equity

Total liabilities and stockholders' equity

$

$

$

$

$

$

$

$

$

$

[1]Corporate includes fixed maturities, short-term investments, investment sales receivable and cash of approximately $1.5 billion and $1.3 billion as of December 31, 2025 and December 31, 2024, 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 retained reserves and reinsurance recoverables for the run-off life and annuity business sold in May 2018.

4

Table of Contents

The Hartford Insurance Group, Inc.

Capital Structure

Debt

Senior notes

$

$

$

$

$

$

$

$

Junior subordinated debentures

Total debt

$

$

$

$

$

$

$

$

Stockholders' Equity

Total stockholders’ equity

$

$

$

$

$

$

$

$

Less: Preferred stock

Less: AOCI

Common stockholders' equity, excluding AOCI

$

$

$

$

$

$

$

$

Capitalization

Total capitalization, including AOCI, net of tax

$

$

$

$

$

$

$

$

Total capitalization, excluding AOCI, net of tax*

$

$

$

$

$

$

$

$

Debt to Capitalization Ratios

Total debt to capitalization, including AOCI

%

%

%

%

%

%

%

%

Total debt to capitalization, excluding AOCI*

%

%

%

%

%

%

%

%

Total debt and preferred stock to capitalization, including AOCI

%

%

%

%

%

%

%

%

Total debt and preferred stock to capitalization, excluding AOCI*

%

%

%

%

%

%

%

%

Total rating agency adjusted debt to capitalization [1] [2]

%

%

%

%

%

%

%

%

Fixed Charge Coverage Ratios

Total earnings to total fixed charges [3]

[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 December 31, 2025 and 2024.

[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.

5

Table of Contents

The Hartford Insurance Group, Inc.

Statutory Capital To GAAP Stockholders' Equity Reconciliation

P&C

Employee Benefits

U.S. statutory net income [1][2]

$

$

U.S. statutory capital [2][3][4]

$

$

U.S. GAAP adjustments [2]:

DAC

Non-admitted deferred tax assets [5]

Deferred taxes [6]

Goodwill

Other intangible assets

Non-admitted assets other than deferred taxes

Asset valuation and interest maintenance reserve

—

Benefit reserves

Unrealized losses on investments

Deferred gain on retroactive reinsurance agreements [7]

—

Other, net

U.S. GAAP stockholders’ equity of U.S. insurance entities [2]

U.S. GAAP stockholders’ equity of international subsidiaries as well as goodwill and other intangible assets related to the acquisition of Navigators Group

—

Total U.S. GAAP stockholders’ equity

$

$

[1]Statutory net income is for the year ended December 31, 2025.

[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.

[7]Represents the deferred gain on retroactive reinsurance associated with U.S. entities for losses ceded to the asbestos and environmental adverse development cover ("A&E ADC") agreement that is recognized within a special category of surplus under U.S. STAT but is recorded within other liabilities under U.S. GAAP.

6

Table of Contents

The Hartford Insurance Group, Inc.

Accumulated Other Comprehensive Income (Loss)

As Of

Net unrealized loss on fixed maturities, AFS

$

$

$

$

$

$

$

$

Unrealized loss on fixed maturities, AFS with allowance for credit losses ("ACL")

(3)

(3)

(5)

(6)

(6)

(5)

(7)

(7)

Net gains on cash flow hedging instruments

6

Total net unrealized gain (loss)

$

$

Foreign currency translation adjustments

Liability for future policy benefits adjustments

Pension and other postretirement plan adjustments

Total AOCI

$

$

$

$

$

$

$

$

7

Table of Contents

The Hartford Insurance Group, Inc.

Property & Casualty

Income Statements

Three Months Ended

Year Ended

Written premiums

$

$

$

$

$

$

$

$

$

$

Change in unearned premium reserve

Earned premiums

Fee income