Segment Information

6 Months Ended

Jun. 30, 2023

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 June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Commercial Lines	$	458	$	389	$	879	$	772
Personal Lines	(60)		6		(61)		83
Property & Casualty Other Operations	9		(20)		15		(12)
Group Benefits	121		106		213		98
Hartford Funds	45		34		86		76
Corporate	(26)		(71)		(50)		(130)
Net income	547		444		1,082		887
Preferred stock dividends	5		5		10		10
Net income available to common stockholders	$	542	$	439	$	1,072	$	877

Revenues

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Earned premiums and fee income:
Commercial Lines
Workers’ compensation	$	924	$	869	$	1,822	$	1,704
Liability	502		453		988		877
Marine	66		54		125		115
Package business	514		449		998		884
Property	244		212		472		402
Professional liability	196		182		384		360
Bond	80		77		157		149
Assumed reinsurance	143		118		281		218
Automobile	227		211		445		411
Total Commercial Lines	2,896		2,625		5,672		5,120
Personal Lines
Automobile	528		502		1,043		1,001
Homeowners	239		231		471		460
Total Personal Lines [1]	767		733		1,514		1,461
Group Benefits
Group disability	878		828		1,744		1,634
Group life	650		599		1,293		1,196
Other	102		90		202		177
Total Group Benefits	1,630		1,517		3,239		3,007
Hartford Funds
Mutual fund and ETF	226		243		449		508
Third-party life and annuity separate accounts	18		20		36		42
Total Hartford Funds	244		263		485		550
Corporate	11		13		20		26
Total earned premiums and fee income	5,548		5,151		10,930		10,164
Net investment income	540		541		1,055		1,050
Net realized losses	(64)		(338)		(71)		(483)
Other revenues	25		19		45		35
Total revenues	$	6,049	$	5,373	$	11,959	$	10,766

[1]For the three months ended June 30, 2023 and 2022, AARP members accounted for earned premiums of $710 and $675, respectively. For the six months ended June 30, 2023 and 2022, AARP members accounted for earned premiums of $1.40 billion and $1.34 billion, respectively.

Non-Insurance Revenue from Contracts with Customers

		Three Months Ended June 30,				Six Months Ended June 30,
	Revenue Line Item	2023		2022		2023		2022
Commercial Lines
Installment billing fees	Fee income	$	10	$	10	$	20	$	19
Personal Lines
Installment billing fees	Fee income	7		7		15		15
Insurance servicing revenues	Other revenues	24		19		43		36
Group Benefits
Administrative services	Fee income	56		48		107		93
Hartford Funds
Advisory, servicing and distribution fees	Fee income	244		263		485		550
Corporate
Investment management and other fees	Fee income	11		13		20		26
Other	Other revenues	—		1		—		1
Total non-insurance revenues with customers		$	352	$	361	$	690	$	740