Segment Information

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Segment Information

3. SEGMENT INFORMATION

The Company currently conducts business principally in five reporting segments including Commercial Lines, Personal Lines, Property & Casualty ("P&C") Other Operations, Group Benefits and Hartford Funds, as well as a Corporate Category.

Net Income (Loss)

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Commercial Lines	$	286	$	357	$	1,058	$	1,055
Personal Lines	(36)		51		47		304
Property & Casualty Other Operations	6		22		(6)		26
Group Benefits	86		28		184		207
Hartford Funds	41		56		117		155
Corporate	(44)		(32)		(174)		(111)
Net income	339		482		1,226		1,636
Preferred stock dividends	6		6		16		16
Net income available to common stockholders	$	333	$	476	$	1,210	$	1,620

Revenues

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Earned premiums and fee income:
Commercial Lines
Workers’ compensation	$	892	$	821	$	2,596	$	2,327
Liability	471		419		1,348		1,196
Marine	60		57		175		172
Package business	473		425		1,357		1,227
Property	218		212		620		617
Professional liability	189		163		549		476
Bond	77		72		226		212
Assumed reinsurance	119		88		337		240
Automobile	214		200		625		586
Total Commercial Lines	2,713		2,457		7,833		7,053
Personal Lines
Automobile	522		517		1,523		1,545
Homeowners	235		235		695		695
Total Personal Lines [1]	757		752		2,218		2,240
Group Benefits
Group disability	823		745		2,457		2,228
Group life	593		591		1,789		1,797
Other	88		79		265		235
Total Group Benefits	1,504		1,415		4,511		4,260
Hartford Funds
Mutual fund and ETF	234		282		742		813
Talcott Resolution life and annuity separate accounts [2]	19		24		61		71
Total Hartford Funds	253		306		803		884
Corporate	11		12		37		38
Total earned premiums and fee income	5,238		4,942		15,402		14,475
Net investment income	487		650		1,537		1,740
Net realized gains (losses)	(166)		70		(649)		297
Other revenues	21		24		56		62
Total revenues	$	5,580	$	5,686	$	16,346	$	16,574

[1]For the three months ended September 30, 2022 and 2021, AARP members accounted for earned premiums of $695 and $687, respectively. For the nine months ended September 30, 2022 and 2021, AARP members accounted for earned premiums of $2.0 billion and $2.0 billion, respectively.

[2]Represents revenues earned for investment advisory services on the life and annuity separate account assets under management ("AUM") sold in May 2018 that is still managed by the Company's Hartford Funds segment.

Revenue from Non-Insurance Contracts with Customers

		Three Months Ended September 30,				Nine Months Ended September 30,
	Revenue Line Item	2022		2021		2022		2021
Commercial Lines
Installment billing fees	Fee income	$	10	$	8	$	29	$	25
Personal Lines
Installment billing fees	Fee income	8		8		23		24
Insurance servicing revenues	Other revenues	20		22		56		62
Group Benefits
Administrative services	Fee income	46		43		139		136
Hartford Funds
Advisor, distribution and other management fees	Fee income	253		306		803		884
Corporate
Investment management and other fees	Fee income	11		12		37		38
Other	Other revenues	—		—		1		1
Total non-insurance revenues with customers		$	348	$	399	$	1,088	$	1,170