For the year ending 2025-12-31, HIG had -$57M decrease in cash & cash equivalents over the period. $5,753M in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 3,836 | 3,111 | 2,504 | 1,815 |
| Net realized losses | -100 | -61 | -188 | -627 |
| Amortization of deferred policy acquisition costs | 2,516 | 2,282 | 2,044 | 1,835 |
| Additions to deferred policy acquisition costs | 2,624 | 2,408 | 2,159 | 1,947 |
| Depreciation and amortization | 396 | 356 | 510 | 625 |
| Loss on extinguishment of debt | - | 0 | 0 | -9 |
| Loss on sale of business | - | - | 0 | 0 |
| Other operating activities, net | 148 | 329 | 213 | 109 |
| Increase in reinsurance recoverables | 63 | 54 | 155 | 473 |
| Net change in accrued and deferred income taxes | -42 | 100 | 29 | 80 |
| Increase in insurance liabilities | 2,272 | 3,058 | 1,819 | 2,199 |
| Increase (decrease) in premiums receivable | 419 | 458 | 708 | 562 |
| Net change in other assets and other liabilities | 282 | 268 | 7 | 149 |
| Cash provided by operating activities | 5,922 | 5,909 | 4,220 | 4,008 |
| Fixed maturities, afs | 10,352 | 10,808 | 6,806 | 14,996 |
| Proceeds from sale and maturity of fair value option, fixed maturity securties | 109 | 50 | 2 | 2 |
| Proceeds from sale and maturity of marketable securities | 240 | 401 | 2,173 | 1,213 |
| Mortgage loans | 1,598 | 740 | 1,036 | 973 |
| Limited partnerships and other alternative investments | 291 | 238 | 295 | 349 |
| Fixed maturities, afs | 12,769 | 14,023 | 9,105 | 14,255 |
| Payments for the purchase of fair value option fixed maturity securties | 17 | 52 | 0 | 216 |
| Equity securities, at fair value | 97 | 44 | 1,183 | 1,371 |
| Mortgage loans | 2,021 | 1,025 | 1,055 | 1,596 |
| Limited partnerships and other alternative investments | 1,025 | 664 | 966 | 1,095 |
| Net proceeds from (payments for) derivatives | 12 | -35 | 129 | -54 |
| Net additions of property and equipment | 169 | 145 | 215 | 175 |
| Net payments for short-term investments | 149 | 80 | 69 | 160 |
| Other investing activities, net | 89 | 7 | 21 | -4 |
| Proceeds from businesses sold, net of cash transferred | - | - | 0 | 0 |
| Net cash used for investing activities | -3,758 | -3,768 | -2,431 | -1,277 |
| Deposits and other additions to investment and universal life-type contracts | 127 | 108 | 96 | 88 |
| Withdrawals and other deductions from investment and universal life-type contracts | 116 | 115 | 100 | 102 |
| Net decrease in securities loaned or sold under agreements to repurchase | - | - | - | 0 |
| Repayment of debt | - | 0 | 0 | 600 |
| Proceeds from the issuance of debt | - | - | 0 | 0 |
| Net issuance (return of) shares under incentive and stock compensation plans, including related excise tax benefit | -18 | 22 | 6 | -19 |
| Treasury stock acquired, including related excise tax paid | 1,615 | 1,514 | 1,400 | 1,550 |
| Payments for repurchase of preferred stock and preference stock | 21 | 21 | 21 | 21 |
| Dividends paid on common stock | 592 | 556 | 528 | 506 |
| Net cash used for financing activities | -2,235 | -2,076 | -1,947 | -2,710 |
| Effect of exchange rate on cash, cash equivalent, restricted cash, and restricted cash equivalent, including discontinued operation | 14 | -20 | 3 | -14 |
| Net increase (decrease) in cash and restricted cash, including cash classified within assets held for sale | - | - | -155 | 7 |
| Less net decrease in cash classified as assets held for sale | - | - | 0 | 0 |
| Net increase (decrease) in cash and restricted cash | -57 | 45 | -155 | 7 |
| Cash and restricted cash beginning of period | 234 | 189 | 344 | 337 |
| Cash and restricted cash end of period | 177 | 234 | 189 | 344 |
HARTFORD INSURANCE GROUP, INC. (HIG)
HARTFORD INSURANCE GROUP, INC. (HIG)