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Schedule V Valuation and Qualifying Accounts
12 Months Ended
Dec. 31, 2023
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Schedule V Valuation and Qualifying Accounts
THE HARTFORD FINANCIAL SERVICES GROUP, INC.
SCHEDULE V
VALUATION AND QUALIFYING ACCOUNTS
(in millions)
Balance
January 1,
Increase (decrease) in
Costs and
Expenses
Write-offs/
Payments/
Other
Balance
December 31,
2023    
ACL on fixed maturities, available-for-sale$12 $14 $(5)$21 
ACL on mortgage loans$36 $15 $— $51 
ACL on premiums receivable and agents' balances$109 $50 $(50)$109 
Allowance for uncollectible reinsurance$105 $14 $(16)$103 
Valuation allowance for deferred taxes$27 $— $(15)$12 
2022
ACL on fixed maturities, available-for-sale$$18 $(7)$12 
ACL on mortgage loans$29 $$— $36 
ACL on premiums receivable and agents' balances$105 $51 $(47)$109 
Allowance for uncollectible reinsurance$99 $$$105 
Valuation allowance for deferred taxes$$20 $— $27 
2021
ACL on fixed maturities, available-for-sale$23 $(4)$(18)$
ACL on mortgage loans$38 $(9)$— $29 
ACL on premiums receivable and agents' balances$152 $$(51)$105 
Allowance for uncollectible reinsurance$108 $$(12)$99 
Valuation allowance for deferred taxes$$$(6)$