| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-12-31 | restructuring | completed | 2020-07-30 | 2025-12-31 | Global | Corporate | USD 0 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Hartford Next program substantially complete. No restructuring costs incurred in 2025. Cumulative pre-tax costs approximately $127 million recognized through 2025. | ||
| 2025-12-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2025-12-31 | restructuring | in_progress | Employee Severance [Member] / Hartford Next [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Information Technology [Member] / Hartford Next [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Professional fees and other expenses [Member] / Hartford Next [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Hartford Next [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2025-06-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2025-03-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2024-12-31 | restructuring | completed | 2020-07-30 | Corporate (segment reporting category) | USD 127 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year operational transformation and cost-reduction program announced July 30, 2020, involving headcount reduction, IT investment and real estate consolidation. Substantially complete as of December 31, 2024, though residual costs related to temporarily idled real estate may still be incurred. The $127 million charge is the cumulative expected/incurred program total, before tax, through fiscal year-end (severance $35, IT $25, professional fees and other $67); the charge incurred in fiscal 2024 alone was $2 million. Number of employees affected by the program is not disclosed in the filing. | ||||
| 2024-12-31 | restructuring | completed | 2020-07-30 | 2024-12-31 | Global | Corporate | USD 2 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Hartford Next program substantially complete as of Dec 31, 2024. $2M incurred in 2024. Total expected cost $127M. Employee count not disclosed for 2024 activity. | ||
| 2024-12-31 | restructuring | in_progress | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2024-12-31 | restructuring | in_progress | Employee Severance [Member] / Hartford Next [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Information Technology [Member] / Hartford Next [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Professional fees and other expenses [Member] / Hartford Next [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Hartford Next [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | 2020-07-30 | Corporate | USD 127 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Hartford Next program. Activities substantially completed as of Dec 31, 2023. Subsequent costs expected include amortization of right of use assets, lease exit costs, IT costs, and other expenses. Total expected cost $127M before tax. | ||||
| 2024-09-30 | restructuring | in_progress | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2024-09-30 | restructuring | in_progress | Employee Severance [Member] / Hartford Next [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Information Technology [Member] / Hartford Next [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Professional fees and other expenses [Member] / Hartford Next [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Hartford Next [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | 2020-07-30 | Corporate | USD 126 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Hartford Next program. Activities substantially completed as of Dec 31, 2023. Subsequent to June 30, 2024, expects to incur additional costs including amortization of right of use assets, lease exit costs, IT costs, and other expenses. Total expected costs approx $126M before tax. | ||||
| 2024-06-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2024-06-30 | restructuring | in_progress | Employee Severance [Member] / Hartford Next [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Information Technology [Member] / Hartford Next [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Professional fees and other expenses [Member] / Hartford Next [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Hartford Next [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | 2020-07-30 | Corporate | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Hartford Next program. $1M incurred in Q1 2024 (professional fees). Total expected costs ~$126M. Activities substantially completed as of Dec 31, 2023, with remaining costs for lease exits and IT retirement. | ||||
| 2024-03-31 | restructuring | in_progress | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2024-03-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Employee Severance [Member] / Hartford Next [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Information Technology [Member] / Hartford Next [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Professional fees and other expenses [Member] / Hartford Next [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Hartford Next [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | completed | 2020-07-30 | USD 124 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Hartford Next operational transformation and cost-reduction plan announced July 30, 2020, combining headcount reduction with retirement of IT applications and consulting/lease termination actions. Restructuring and other costs of $124 before tax were incurred cumulatively through fiscal year-end 2023 (of $126 total expected); the fiscal 2023 charge was $6 before tax, including a $6 reduction of the severance benefits accrual due to higher-than-expected voluntary attrition. Program activities substantially completed as of December 31, 2023; magnitude of headcount reduction not quantified in the filing. | |||||
| 2023-12-31 | restructuring | completed | 2020-07-30 | 2023-12-31 | United States | Enterprise-wide | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2023 activity: $6M total restructuring costs ($6M severance, $5M IT, $7M professional fees, net). Cumulative through 2023: $124M; total program expected ~$126M. Activities substantially completed as of 2023-12-31. Headcount reduction achieved through headcount reductions but specific employee count not disclosed. | ||
| 2023-12-31 | restructuring | in_progress | 2020-07-30 | Global | Corporate / Enterprise | USD 6 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Hartford Next program. $6 million in restructuring costs incurred in 2023. Program aims to reduce annual insurance operating costs. Activities substantially completed as of Dec 31, 2023, with additional expected expenses of $61 million after 2023. | |||
| 2023-12-31 | restructuring | in_progress | USD 6,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2023-12-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Employee Severance [Member] / Hartford Next [Member] | USD -6,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Information Technology [Member] / Hartford Next [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Professional fees and other expenses [Member] / Hartford Next [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Hartford Next [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | 2020-07-30 | 2023-12-31 | United States | Corporate | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Hartford Next program; nine-month 2023 restructuring charge of $4M before tax. Cumulative restructuring costs of $123M through 2023-09-30 against a total expected $130M. No employee headcount affected disclosed. | ||
| 2023-09-30 | restructuring | in_progress | 2020-07-30 | 2023-12-31 | Global | Corporate | USD 123 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Hartford Next program. Cumulative incurred costs of $123 million through Sept 30, 2023. Total expected costs approx $130 million. Includes severance, IT retirement, and professional fees. No specific employee count disclosed for the quarter or cumulatively. | ||
| 2023-09-30 | restructuring | in_progress | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2023-09-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Employee Severance [Member] / Hartford Next [Member] | USD -2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Information Technology [Member] / Hartford Next [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Professional fees and other expenses [Member] / Hartford Next [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Hartford Next [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | 2020-07-30 | 2023-12-31 | United States | Corporate | USD 127 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Hartford Next operational transformation and cost reduction plan. Cumulative restructuring costs incurred through June 30, 2023 were $121M of an expected $127M total. Includes $38M severance, $24M IT application retirement, $65M consulting and lease termination. Activities expected substantially complete by end of 2023. No employee headcount affected disclosed. | ||
| 2023-06-30 | restructuring | in_progress | 2020-07-30 | 2023-12-31 | Global | Corporate | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Hartford Next program. Q2 2023 incurred costs: $0M severance, $1M IT, $2M professional fees. Cumulative incurred through June 30, 2023: $121M. Total expected: $127M. Activities expected substantially complete by end of 2023. | ||
| 2023-06-30 | restructuring | in_progress | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2023-06-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Employee Severance [Member] / Hartford Next [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Information Technology [Member] / Hartford Next [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Professional fees and other expenses [Member] / Hartford Next [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Hartford Next [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | 2020-07-30 | 2023-12-31 | Global | Corporate | USD 38 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 'Hartford Next' operational transformation plan. Cumulative severance benefits incurred through March 31, 2023 were $38 million. Total expected restructuring costs are approximately $121 million before tax. | ||
| 2023-03-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2023-03-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Employee Severance [Member] / Hartford Next [Member] | USD -3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Information Technology [Member] / Hartford Next [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Professional fees and other expenses [Member] / Hartford Next [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Hartford Next [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | 2020-07-30 | 2023-12-31 | United States | Enterprise-wide | USD 13 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Hartford Next operational transformation and cost reduction plan. 2022 restructuring costs of $13M (severance benefit of -$7M, IT costs $8M, professional fees $12M). Cumulative restructuring costs through 2022: $118M of $125M total expected. No employee count disclosed for 2022. Activities expected substantially complete by end of 2023. | ||
| 2022-12-31 | restructuring | in_progress | 2020-07-30 | 2023-12-31 | Global | All segments | USD 13 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Hartford Next operational transformation and cost reduction plan. $13 million in restructuring and other costs incurred in 2022, including $7 million reduction in severance benefits accrual due to higher than expected voluntary attrition. Total expected restructuring costs are approximately $125 million. | ||
| 2022-12-31 | restructuring | in_progress | USD 13,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2022-12-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Employee Severance [Member] / Hartford Next [Member] | USD -7,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Information Technology [Member] / Hartford Next [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Professional fees and other expenses [Member] / Hartford Next [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Hartford Next [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | 2020-07-30 | 2023-12-31 | Global | Corporate | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Hartford Next program. Q3 2022 incurred costs: $0M severance, $1M IT, $2M professional fees. Cumulative incurred through Sept 30, 2022: $115M. Total expected: $127M. Employee count affected not disclosed in this filing. | ||
| 2022-09-30 | restructuring | in_progress | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2022-09-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Employee Severance [Member] / Hartford Next [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Information Technology [Member] / Hartford Next [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Professional fees and other expenses [Member] / Hartford Next [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Hartford Next [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | 2020-07-30 | 2023-12-31 | United States | Enterprise-wide | USD 127 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Hartford Next cost reduction plan; $112M cumulative through 2022-06-30; no employee count disclosed. Severance component $41M. | ||
| 2022-06-30 | restructuring | in_progress | 2020-07-30 | 2023-12-31 | Global | Corporate | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 'Hartford Next' operational transformation plan. Q2 2022 incurred costs of $7M (YTD $11M). Total expected costs ~$127M. Includes severance, IT costs, and professional fees. Employee count affected not disclosed in this filing. | ||
| 2022-06-30 | restructuring | in_progress | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2022-06-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Employee Severance [Member] / Hartford Next [Member] | USD -7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Information Technology [Member] / Hartford Next [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Professional fees and other expenses [Member] / Hartford Next [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Hartford Next [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | 2020-07-30 | 2023-12-31 | United States | Corporate | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Hartford Next operational transformation and cost reduction plan announced 2020-07-30. Q1 2022 restructuring costs of $5M (severance credit of $(2)M, IT costs $2M, professional fees $5M). Cumulative restructuring costs $110M of ~$130M total expected. Program substantially complete by end of 2023. No employee headcount affected disclosed. | ||
| 2022-03-31 | restructuring | in_progress | 2020-07-30 | 2023-12-31 | Corporate | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 'Hartford Next' plan announced July 30, 2020. Q1 2022 incurred costs include $2M severance benefits (net release), $2M IT costs, and $5M professional fees. Total expected costs approx $130M before tax. | |||
| 2022-03-31 | restructuring | in_progress | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2022-03-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Employee Severance [Member] / Hartford Next [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Information Technology [Member] / Hartford Next [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Professional fees and other expenses [Member] / Hartford Next [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Hartford Next [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | 2020-07-30 | 2023-12-31 | United States | Enterprise-wide | USD 1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Hartford Next operational transformation and cost reduction plan announced 2020-07-30. FY2021 restructuring costs were $1M (severance reversal of $25M due to higher-than-expected voluntary attrition, offset by $9M IT and $17M professional fees). Cumulative restructuring costs through 2021-12-31: $105M; total expected: $130M. Total program costs expected ~$401M with $217M expensed cumulatively through 2021-12-31. Target annual expense savings of ~$540M by 2022 and ~$625M by 2023 relative to 2019. Specific employee headcount reduction not disclosed. | ||
| 2021-12-31 | divestiture_reduction | completed | 2021-12-29 | Continental Europe | Commercial Lines | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Continental Europe Operations (Navigators Holdings Europe N.V. and subsidiaries) completed 2021-12-29 for approximately $11M net of transaction costs. No headcount associated with the divestiture disclosed. | ||||
| 2021-12-31 | restructuring | in_progress | 2020-07-30 | 2023-12-31 | Global | Corporate / All Segments | USD 1 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Hartford Next program. In 2021, $1 million in restructuring costs were incurred (primarily employee severance adjustments due to higher voluntary attrition). Total expected restructuring costs are approximately $130 million. Program aims to reduce annual insurance operating costs by $540 million in 2022 and $625 million in 2023 relative to 2019. | ||
| 2021-12-31 | restructuring | in_progress | USD 1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2021-12-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Employee Severance [Member] / Hartford Next [Member] | USD 25,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Information Technology [Member] / Hartford Next [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Professional fees and other expenses [Member] / Hartford Next [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Hartford Next [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | 2020-07-30 | 2022-12-31 | United States | Enterprise-wide | USD 133 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Hartford Next operational transformation and cost reduction plan announced 2020-07-30. Cumulative restructuring costs of $103M incurred through 2021-09-30 against total expected $133M. Severance accrual reduced $24M in 9M 2021 due to higher-than-expected voluntary attrition. No employee headcount affected disclosed. | ||
| 2021-09-30 | divestiture_reduction | in_progress | 2020-09-30 | 2021-12-31 | Continental Europe | Commercial Lines | USD 68 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Continental Europe Operations (Navigators Holdings Europe N.V. and subsidiaries). Estimated before-tax loss of $68M including $20M in 9M 2021. Expected to close Q4 2021. No employee headcount disclosed. | ||
| 2021-09-30 | restructuring | in_progress | 2020-07-30 | 2022-12-31 | Global | Corporate | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Hartford Next operational transformation plan. YTD 2021 restructuring costs were -$1M due to $24M reduction in severance accrual from higher voluntary attrition. Total expected costs ~$133M. | ||
| 2021-09-30 | restructuring | in_progress | USD -12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2021-09-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Employee Severance [Member] / Hartford Next [Member] | USD 24,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Information Technology [Member] / Hartford Next [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Professional fees and other expenses [Member] / Hartford Next [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Hartford Next [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | 2020-07-30 | 2022-12-31 | United States | Corporate | USD 152 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Hartford Next operational transformation and cost reduction plan. Total expected restructuring and other costs of $152 before tax, including $64 of employee severance. Cumulative costs incurred through June 30, 2021 were $115. Severance accrual reduced $9 in Q2 2021 due to higher than expected voluntary attrition. No employee headcount affected disclosed. Activities expected substantially complete by end of 2022. | ||
| 2021-06-30 | restructuring | in_progress | 2020-07-30 | 2022-12-31 | Global | Corporate | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 'Hartford Next' plan. Q2 2021 incurred $11M total costs ($4M IT, $16M professional fees, offset by $9M severance reduction due to voluntary attrition). Total expected costs ~$152M. Employee count affected not disclosed in this filing. | ||
| 2021-06-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2021-06-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Employee Severance [Member] / Hartford Next [Member] | USD -9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Information Technology [Member] / Hartford Next [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Professional fees and other expenses [Member] / Hartford Next [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Hartford Next [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | 2020-07-30 | 2022-12-31 | United States | Corporate (recognized in Corporate for segment reporting) | USD 164 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Hartford Next operational transformation and cost reduction plan announced 2020-07-30. Total expected restructuring and other costs of $164M before tax; $115M cumulative incurred through 2021-03-31, including $11M in Q1 2021. Severance benefits of $73M cumulative incurred (all in prior periods). Accrued restructuring liability of $51M at period end. Activities expected substantially complete by end of 2022. No employee headcount affected disclosed. | ||
| 2021-03-31 | divestiture_reduction | in_progress | 2020-09-30 | 2021-09-30 | Continental Europe (Belgium) | Commercial Lines | USD 47 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Continental Europe Operations (Navigators Holdings Europe N.V. and subsidiaries) entered into 2020-09-30; expected to close Q2 or Q3 2021. Estimated pre-tax loss of $47M recorded. No employee headcount associated with the divestiture disclosed. | ||
| 2021-03-31 | restructuring | in_progress | 2020-07-30 | 2022-12-31 | Global | Corporate | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 'Hartford Next' operational transformation plan. Q1 2021 incurred costs of $11M (IT costs $2M, professional fees $9M). Cumulative incurred through Q1 2021 is $115M. Total expected costs are $164M. Employee headcount reduction numbers not disclosed in this filing. | ||
| 2021-03-31 | restructuring | in_progress | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2021-03-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Employee Severance [Member] / Hartford Next [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Information Technology [Member] / Hartford Next [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Professional fees and other expenses [Member] / Hartford Next [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Hartford Next [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | 2020-07-30 | 2022-12-31 | United States | Enterprise-wide | USD 104 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Hartford Next operational transformation and cost reduction plan. $104M restructuring costs incurred in 2020 (cumulative since program inception July 30, 2020), including $73M severance. Total expected restructuring costs of $158M. Headcount reduction count not disclosed. Program targets ~$500M annual expense reduction by 2022 relative to 2019. | ||
| 2020-12-31 | divestiture_reduction | announced | 2020-09-30 | 2021-06-30 | Continental Europe | Commercial Lines | USD 48 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Continental Europe Operations (Navigators Holdings Europe N.V. and subsidiaries) agreed September 30, 2020; expected to close by Q2 2021. $48M pre-tax loss on sale recorded. Headcount impact not disclosed. | ||
| 2020-12-31 | restructuring | in_progress | 2020-07-30 | 2022-12-31 | Global | All segments | USD 158 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Hartford Next program announced July 30, 2020. Includes $73 million of employee severance costs incurred in 2020. Total expected restructuring costs are $158 million. Employee count affected not explicitly disclosed. | ||
| 2020-12-31 | restructuring | in_progress | USD 104,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2020-12-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Employee Severance [Member] / Hartford Next [Member] | USD 73,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Information Technology [Member] / Hartford Next [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Professional fees and other expenses [Member] / Hartford Next [Member] | USD 29,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Hartford Next [Member] | USD 104,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | 2020-07-30 | 2022-12-31 | United States | Enterprise-wide | USD 150 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Hartford Next operational transformation and cost reduction plan. Total expected restructuring and other costs of approximately $150M before tax, including $78M severance benefits incurred through Q3 2020. No specific employee headcount affected is disclosed. Activities expected substantially complete by end of 2022. Program targets ~$500M annual expense reduction by 2022. | ||
| 2020-09-30 | divestiture_reduction | announced | 2020-09-30 | 2021-06-30 | Belgium / Continental Europe | Commercial Lines | USD 51 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to sell Continental Europe Operations (Navigators Holdings Europe N.V. and subsidiaries). Estimated pre-tax loss on sale of $51M. No employee headcount associated with the divestiture is disclosed. Expected close by Q2 2021 subject to regulatory approvals. | ||
| 2020-09-30 | restructuring | in_progress | 2020-07-30 | 2022-12-31 | Global | Corporate | USD 87 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Announced 'Hartford Next' operational transformation plan. Includes $78M in severance benefits and $9M in professional fees incurred through Q3. Total expected costs approx $150M before tax. Employee count not disclosed. | ||
| 2020-09-30 | restructuring | in_progress | USD 87,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2020-09-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Employee Severance [Member] / Hartford Next [Member] | USD 78,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Information Technology [Member] / Hartford Next [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Professional fees and other expenses [Member] / Hartford Next [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Other Operating Income (Expense) [Member] / Hartford Next [Member] | USD 87,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | announced | 2020-07-30 | 2022-12-31 | United States | Enterprise-wide | USD 130 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced July 30, 2020, after quarter end. Includes headcount reduction, IT investments, and other activities targeting ~$500M annual expense reduction by 2022. Restructuring costs of ~$130M include ~$70M employee severance. No specific employee count disclosed. Total program costs ~$360M through 2022. | ||
| 2020-06-30 | restructuring | announced | 2020-07-30 | 2022-12-31 | Global | All Segments | USD 130 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Announced 'Hartford Next' plan. Includes approx $70M employee severance and $60M other costs. Headcount reduction number not specified in filing. | ||
| 2019-12-31 | acquisition_addition | completed | 2019-05-23 | 2019-05-23 | United States, United Kingdom, continental Europe | Commercial Lines | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of The Navigators Group, Inc. for $2.137 billion completed May 23, 2019. No specific headcount added is disclosed. | |||
| 2019-12-31 | divestiture_reduction | completed | 2018-05-31 | 2018-05-31 | United States | Corporate (life and annuity business) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of life and annuity business completed May 31, 2018 (prior fiscal year). No headcount disclosed. Included for context only; no FY2019 headcount impact quantified. | |||
| 2019-12-31 | acquisition_addition | completed | 2019-05-23 | 2019-05-23 | Global | Commercial Lines | Item 1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of The Navigators Group, Inc. completed May 23, 2019. Specific headcount added not disclosed in this filing. | |||
| 2019-09-30 | acquisition_addition | completed | 2019-05-23 | 2019-05-23 | Global | Commercial Lines | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Navigators Group for $2.137B; goodwill attributed to acquired workforce and underwriting talent, but no specific headcount disclosed. | |||
| 2019-06-30 | acquisition_addition | completed | 2019-05-23 | Global | Commercial Lines | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Navigators Group completed May 23, 2019. Filing notes addition of 'underwriting and industry talent' but does not disclose specific headcount. | ||||
| 2018-12-31 | acquisition_addition | announced | 2018-08-22 | 2019-04-30 | United States | Commercial Lines | USD 2,100 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire The Navigators Group for $70/share, $2.1 billion cash; expected close late March or April 2019. Headcount not disclosed. | ||
| 2018-12-31 | divestiture_reduction | completed | 2017-12-03 | 2018-05-31 | United States | Corporate (Life and Annuity) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of life and annuity business (Hartford Life, Inc.) completed May 31, 2018. Headcount removed not disclosed. | |||
| 2018-12-31 | acquisition_addition | completed | 2017-11-01 | 2017-11-01 | United States | Group Benefits | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Aetna's U.S. group life and disability business completed November 1, 2017 (prior fiscal year). Headcount not disclosed. | |||
| 2017-12-31 | acquisition_addition | completed | 2017-10-23 | 2017-11-01 | United States | Group Benefits | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Definitive agreement referenced by rating agency actions dated October 23, 2017; reinsurance-transaction acquisition of Aetna's U.S. group life and disability business completed November 1, 2017 for total consideration of $1.452 billion. Acquired employee headcount not disclosed; goodwill partially attributed to the acquired workforce. | |||
| 2017-12-31 | divestiture_reduction | completed | 2017-05-10 | United Kingdom | Property & Casualty Other Operations | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Business classified as held for sale as of December 31, 2016; sale of U.K. P&C run-off subsidiaries (Hartford Financial Products International Limited and Downlands Liability Management Limited) to Catalina Holdings U.K. Limited completed May 10, 2017 for approximately $272 net of transaction costs. Transferred employee headcount not disclosed. | ||||
| 2017-12-31 | divestiture_reduction | announced | 2017-12-04 | 2018-06-30 | United States | Corporate / Life and Annuity run-off business | USD 3,300 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Definitive agreement entered December 3, 2017 and publicly announced December 4, 2017 to sell Hartford Life, Inc. and its life and annuity operating subsidiaries to an investor group led by Cornell Capital, Atlas Merchant Capital and others; expected close by June 30, 2018 pending regulatory approval. Business classified as held for sale and reported in discontinued operations. Estimated loss on sale of approximately $3.3 billion recognized in 2017. Transferring employee headcount not disclosed. | ||
| 2017-12-31 | acquisition_addition | completed | 2017-11-01 | 2017-11-01 | United States | Group Benefits | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Aetna's U.S. group life and disability business completed November 1, 2017; headcount added not separately disclosed. | |||
| 2017-12-31 | divestiture_reduction | in_progress | 2017-12-03 | 2018-06-30 | United States | Corporate (life and annuity run-off business) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to sell life and annuity run-off subsidiaries; expected close by June 30, 2018; headcount not disclosed. | |||
| 2017-12-31 | divestiture_reduction | completed | 2017-05-10 | 2017-05-10 | United Kingdom | P&C Other Operations | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of U.K. property and casualty run-off subsidiaries completed May 10, 2017; headcount not disclosed. | |||
| 2016-12-31 | acquisition_addition | completed | 2016-07-29 | 2016-07-29 | United States | Commercial Lines (Small Commercial); excess and surplus lines | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired 100% of Northern Homelands Company, holding company of Maxum Specialty Insurance Group, in a cash transaction of approximately $169 million; resulting workforce headcount not disclosed. | |||
| 2016-12-31 | acquisition_addition | completed | 2016-07-29 | 2016-07-29 | United States | Mutual Funds | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired 100% of membership interests of Lattice Strategies LLC, an investment management firm with approximately $200 million AUM at acquisition date; resulting workforce headcount not disclosed. | |||
| 2016-12-31 | divestiture_reduction | announced | 2016-07-26 | 2017-06-30 | United Kingdom | Property & Casualty Other Operations (U.K. run-off subsidiaries) | USD 81 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Definitive agreement to sell U.K. P&C run-off subsidiaries (Hartford Financial Products International Limited and Downlands Liability Management Limited) for approximately $259 million net of transaction costs; close expected in Q1 or Q2 2017 (date shown is end of latest expected quarter). Estimated before-tax capital loss of $81 million recognized in 2016. Affected headcount not disclosed. | ||
| 2016-12-31 | acquisition_addition | completed | 2016-07-29 | 2016-07-29 | United States | Commercial Lines | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Maxum Specialty Insurance Group (Northern Homelands Company) completed July 29, 2016; no employee headcount disclosed. | |||
| 2016-12-31 | acquisition_addition | completed | 2016-07-29 | 2016-07-29 | United States | Mutual Funds | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Lattice Strategies LLC completed July 29, 2016; no employee headcount disclosed. | |||
| 2016-12-31 | divestiture_reduction | in_progress | 2016-07-26 | 2017-06-30 | United Kingdom | Property & Casualty Other Operations | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell U.K. P&C run-off subsidiaries (HFPI and Downlands) announced July 26, 2016; expected to close in Q1 or Q2 2017; no employee headcount disclosed. | |||
| 2016-12-31 | acquisition_addition | completed | 2016-07-29 | 2016-07-29 | United States | Commercial Lines | USD 169 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Northern Homelands Company (Maxum). Headcount not explicitly disclosed. | ||
| 2016-12-31 | acquisition_addition | completed | 2016-07-29 | 2016-07-29 | United States | Mutual Funds | USD 42 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Lattice Strategies LLC. Headcount not explicitly disclosed. | ||
| 2015-12-31 | restructuring | completed | Corporate | USD 20 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | FY2015 pre-tax restructuring and other costs of $20 million: $6 severance benefits, $17 asset impairment charges, $(3) contract termination and other charges; all reported in Corporate. Attributable to legacy programs initiated 2011-2013 (2011-2012 workforce-reduction and lease/contract termination programs completed; 2013 real estate consolidation substantially complete). Cumulative costs incurred to date $382 million. No employee headcount affected disclosed. Severance accrual roll-forward for 2015: $10 opening balance, $6 accrual, $(11) payments/write-offs, $5 closing balance. | |||||
| 2015-12-31 | restructuring | completed | 2015-12-31 | United States | Corporate | USD 20 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2015 pre-tax restructuring costs of $20 (severance $6, asset impairment $17, contract termination and other $(3)); relates to restructuring programs initiated 2011-2012, reported as completed with benefits accrued through year-end; no employee count disclosed | |||
| 2015-12-31 | restructuring | completed | USD 20 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Total restructuring and other costs incurred in 2015 were $20 million, including $6 million in severance benefits and $17 million in asset impairment charges. The company stated it has completed restructuring activities initiated in 2011, 2012, and 2013. | ||||||
| 2015-12-31 | restructuring | in_progress | USD 20,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2015-12-31 | restructuring | in_progress | Asset Impairment Charges [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | restructuringprofessionalfees [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Contract Termination [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Group Benefits [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Life Other Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Mutual Funds [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Corporate Segment [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Property and Casualty, Commercial Insurance Product Line [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Property and Casualty, Personal Insurance Product Line [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | 2011 | 2015-06-30 | Corporate | USD 71 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year program: restructuring activities were implemented in 2011 across several areas to reduce expense levels, in connection with a strategic business realignment announced in 2012 that refocused the company on P&C, Group Benefits and Mutual Funds. FY2014 pre-tax charge of $71M comprised severance benefits $16M, asset impairment charges $42M, contract termination and other charges $12M, and professional fees $1M; all FY2014 restructuring costs were recorded in the Corporate category. Severance accrual of $10M remained at year-end (beginning balance $22M; payments/write-offs $28M). Cumulative program costs of approximately $362M pre-tax have been incurred to date (combined with the real estate consolidation program). Filer expects substantial completion within roughly six months of the balance sheet date; completion date approximated. No headcount reduction figures disclosed. | |||
| 2014-12-31 | restructuring | in_progress | 2013 | 2015-12-31 | Corporate | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Plan initiated in 2013 to consolidate real estate operations, including intent to exit certain facilities and relocate employees; consistent with the strategic business realignment following the 2013 business sales. Program costs are recognized in the Corporate category; asset-related charges are incurred over the remaining useful life of facilities and relocation/maintenance charges as incurred. Not separately quantified — included in the combined restructuring figures (cumulative approximately $362M pre-tax to date; FY2014 total charge $71M, including $42M of asset impairment charges). Substantial completion expected within approximately twelve months of the balance sheet date; completion date approximated. No headcount figures disclosed. | ||||
| 2014-12-31 | divestiture_reduction | completed | 2014-06-30 | 2014-06-30 | Japan | Talcott Resolution | USD 659 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sale of Hartford Life Insurance KK (Japan variable and fixed annuity business, in runoff since 2009) to ORIX Life Insurance Corporation completed June 30, 2014; date shown is the completion date. Business was reported in the Talcott Resolution segment and as discontinued operations. Employee headcount transferred or removed is not disclosed. The $659M is the after-tax loss on disposition of the business, not a workforce-specific charge. Prior-year divestitures (Retirement Plans and Individual Life, 2013) excluded as outside the current fiscal year. | ||
| 2014-12-31 | voluntary_separation | completed | 5,600 | 2014-09-30 | 2014-12-31 | United States | Corporate — U.S. qualified defined benefit pension plan | USD 128 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Offer extended to approximately 13,500 vested participants who had separated from service but not yet commenced annuity benefits; lump-sum payments totaling $274 were made to approximately 5,600 electing participants in December 2014. Charge is a pension settlement charge, not severance. | |
| 2014-12-31 | restructuring | in_progress | 2015-06-30 | United States | Enterprise-wide; primarily Corporate (real estate consolidation) and Talcott Resolution | USD 71 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2014 activity only: total restructuring and other costs of $71 pre-tax, of which severance benefits $16, professional fees $1, asset impairment charges $42, contract termination and other $12. Employees affected not disclosed. Program stems from the 2012 strategic business realignment; Company intends to substantially complete activities over the next 6 months, with real estate consolidation over the next 12 months. Cumulative costs to date of approximately $362 pre-tax. | |||
| 2014-12-31 | divestiture_reduction | completed | 2014-06-30 | Japan | Talcott Resolution — Japan annuity business (Hartford Life Insurance KK) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of all issued and outstanding equity of HLIKK to ORIX Life Insurance Corporation for cash proceeds of $963; after-tax loss on disposition of $659. Headcount transferred with the business not disclosed. | ||||
| 2014-12-31 | restructuring | in_progress | 2012-01-01 | 2015-06-30 | Global | Corporate and Operations | USD 71 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Strategic business realignment announced in 2012. $71 million pre-tax costs incurred in 2014 (severance, professional fees, asset impairment, contract termination). Program expected to substantially complete within 6 months of filing. | ||
| 2014-12-31 | restructuring | in_progress | 2013-01-01 | 2015-12-31 | Global | Real Estate | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Real estate consolidation plan initiated in 2013 following sales of Retirement Plans and Individual Life businesses. Intended to substantially complete within 12 months of filing. No specific employee count or charge disclosed for 2014 activity. | |||
| 2014-12-31 | restructuring | in_progress | USD 71,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2014-12-31 | restructuring | in_progress | Asset Impairment Charges [Member] | USD 43,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | restructuringprofessionalfees [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | Contract Termination [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | Group Benefits [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | Life Other Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | Mutual Funds [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | Corporate Segment [Member] | USD 71,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | Property and Casualty, Commercial Insurance Product Line [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | Property and Casualty, Personal Insurance Product Line [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | 2012-01-01 | 2015-06-30 | Global | Corporate and Various Segments | USD 22 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Ongoing strategic realignment announced in 2012. Q3 2014 charges included $2M severance, $9M asset impairment, and $11M contract termination. Total estimated costs $383M. Completion expected within 9-15 months from reporting date. | ||
| 2014-09-30 | divestiture_reduction | completed | 2014-06-30 | 2014-06-30 | Japan | Talcott Resolution | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Hartford Life Insurance KK (HLIKK) completed June 30, 2014. Headcount removed not explicitly quantified in filing. | |||
| 2014-09-30 | divestiture_reduction | completed | 2013-12-12 | 2013-12-12 | United Kingdom | Talcott Resolution | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Hartford Life International Limited (HLIL) completed Dec 12, 2013. Headcount removed not explicitly quantified in filing. | |||
| 2014-09-30 | restructuring | in_progress | restructuringprofessionalfees [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | USD 50,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2014-09-30 | restructuring | in_progress | Asset Impairment Charges [Member] | USD 30,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | Contract Termination [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | Corporate Segment [Member] | USD 22,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | Property and Casualty, Commercial Insurance Product Line [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | Mutual Funds [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | Property and Casualty, Personal Insurance Product Line [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | Life Other Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | Group Benefits [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-30 | restructuring | in_progress | United States | Corporate; Talcott Resolution; Property & Casualty Commercial; Consumer Markets; Group Benefits; Mutual Funds | USD 374 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing strategic realignment and real estate consolidation; severance and lease termination costs accrued through June 30, 2014. No employee count disclosed. Company expects to substantially complete activities over next 12 months. | ||||
| 2014-06-30 | divestiture_reduction | completed | 2014-06-30 | Japan | Talcott Resolution | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of HLIKK to ORIX Life Insurance Corporation completed June 30, 2014 for $963M cash proceeds; after-tax loss on disposition of $659M. No employee headcount associated with the divestiture disclosed. | ||||
| 2014-06-30 | restructuring | in_progress | 2012-01-01 | 2015-06-30 | Global | Corporate and Various Segments | USD 28 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Ongoing strategic realignment announced in 2012. Q2 2014 charges included $6M severance, $1M professional fees, and $21M asset impairment. Total estimated costs $374M pre-tax. Completion expected within 12 months of report date. | ||
| 2014-06-30 | restructuring | in_progress | USD 28,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2014-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-30 | restructuring | in_progress | Asset Impairment Charges [Member] | USD 21,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-30 | restructuring | in_progress | Contract Termination [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-30 | restructuring | in_progress | restructuringprofessionalfees [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-30 | restructuring | in_progress | Mutual Funds [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-30 | restructuring | in_progress | Corporate Segment [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-30 | restructuring | in_progress | Life Other Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | 2015-06-30 | USD 20 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company intends to substantially complete related restructuring activities over the next 15 months from the filing date. Q1 2014 charges included $3M severance, $1M professional fees, and $16M asset impairment. | |||||
| 2014-03-31 | restructuring | in_progress | USD 20,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2014-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | Contract Termination [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | Asset Impairment Charges [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | restructuringprofessionalfees [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | Group Benefits [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | Corporate Segment [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | Property Casualty Commercial [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | Consumer Markets [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | Mutual Funds [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | Life Other Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-12-31 | restructuring | in_progress | 2011 | 2015 | Primarily United States | Multi-segment; FY2013 charges primarily recorded in Corporate ($64 of $67) | USD 67 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year program begun in 2011 and tied to the strategic business realignment announced in 2012 (focus on P&C, Group Benefits and Mutual Funds; annuity runoff and business sales). FY2013 pre-tax charge of $67 comprised severance $22, professional fees $19, asset impairments $20 and contract termination/other $6. Cumulative pre-tax costs of approximately $291 through fiscal year-end 2013 against estimated total program costs of $347. No employee headcount affected was disclosed; severance accrual moved from $70 to $22 during 2013 after $70 of payments and $22 of new accruals. | ||
| 2013-12-31 | plant_closure | in_progress | 2013 | Connecticut, United States | Corporate (program costs recognized in Corporate category) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Plan initiated in 2013 to consolidate Connecticut real estate operations, exit certain facilities and relocate employees, following the sales of the Retirement Plans and Individual Life businesses. Asset-related charges to be recognized over remaining facility useful lives and relocation charges as incurred; related costs are subsumed within the broader restructuring program estimates. No headcount or discrete charge disclosed. | ||||
| 2013-12-31 | divestiture_reduction | completed | 2012 | United States | Talcott Resolution — Retirement Plans business | other f5-10k / GLM-5.3-flash-HTML | Sale to MassMutual completed January 1, 2013 for a $355 ceding commission, structured as reinsurance of $9.2 billion of policyholder liabilities and $26.3 billion of separate account liabilities; $9.3 billion of invested assets transferred. The Company continues selling during an 18-24 month transition with MassMutual assuming expenses and risk; resulted in a $24 after-tax loss in 2013. Employee headcount transferred was not disclosed; part of the 2012 strategic realignment. | ||||
| 2013-12-31 | divestiture_reduction | completed | 2012 | United States | Talcott Resolution — Individual Life business | other f5-10k / GLM-5.3-flash-HTML | Sale to Prudential completed January 2, 2013 for consideration of $615, structured as reinsurance of $8.7 billion of policyholder liabilities and $5.3 billion of separate account liabilities. A $533 pre-tax loss (including $342 goodwill impairment and $191 premium-deficiency accrual) was recognized in 2012, and an additional $940 pre-tax loss offset by realized gains at closing in 2013. The Company continues selling during an 18-24 month transition. Employee headcount transferred was not disclosed; part of the 2012 strategic realignment. | ||||
| 2013-12-31 | divestiture_reduction | completed | 2013 | United Kingdom / Ireland | Talcott Resolution — U.K. variable annuity business (Hartford Life International Limited) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Cash sale to Columbia Insurance Company, a Berkshire Hathaway company, completed December 12, 2013 for approximately $285, producing a $102 after-tax loss on disposition. HLIL's sole asset was Dublin-based Hartford Life Limited, which had sold U.K. variable annuities from 2005 to 2009; operations reported as discontinued operations. Employee headcount transferred was not disclosed. | ||||
| 2013-12-31 | divestiture_reduction | completed | 2013 | United States | Consumer Markets — member contact center for the AARP Health program (Catalyst 360) | other f5-10k / GLM-5.3-flash-HTML | Sale to Optum, Inc., a division of UnitedHealth Group, completed December 31, 2013; the Company provides limited transition services for 18-24 months. Disclosed as not material to results of operations, financial position or liquidity. Employee headcount transferred was not disclosed. | ||||
| 2013-12-31 | restructuring | in_progress | 2012-01-01 | 2015-12-31 | United States | Corporate; Talcott Resolution; Property & Casualty Commercial; Consumer Markets; Group Benefits; Mutual Funds | USD 67 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pre-tax restructuring costs incurred in 2013: $67M (severance $22M, professional fees $19M, asset impairment $20M, contract termination $6M). Cumulative costs to date $291M pre-tax. Total estimated program cost $347M. Program announced as part of 2012 strategic business realignment; Company intends to substantially complete activities over next 24 months. Employee headcount affected not disclosed. | ||
| 2013-12-31 | restructuring | in_progress | 2013-01-01 | Connecticut, United States | Corporate | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Real estate consolidation in Connecticut initiated in 2013, including intention to exit certain facilities and relocate employees. Asset-related charges recognized over remaining useful life; relocation and maintenance charges recognized as incurred. Employee headcount affected not disclosed. | ||||
| 2013-12-31 | divestiture_reduction | completed | 2013-01-01 | 2013-01-01 | United States | Talcott Resolution (Retirement Plans) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Retirement Plans business to Massachusetts Mutual Life Insurance Company completed January 1, 2013, structured as a reinsurance transaction. After-tax loss of $24M. Employee headcount transferred not disclosed. | |||
| 2013-12-31 | divestiture_reduction | completed | 2013-01-02 | 2013-01-02 | United States | Talcott Resolution (Individual Life) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Individual Life insurance business to The Prudential Insurance Company of America completed January 2, 2013, structured as a reinsurance transaction. Consideration $615M. Employee headcount transferred not disclosed. | |||
| 2013-12-31 | divestiture_reduction | completed | 2013-12-12 | 2013-12-12 | United Kingdom | Talcott Resolution (U.K. Variable Annuity) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Hartford Life International Limited (U.K. variable annuity business) to Columbia Insurance Company, a Berkshire Hathaway company, completed December 12, 2013 for approximately $285M. After-tax loss of $102M on disposition. Employee headcount transferred not disclosed. | |||
| 2013-12-31 | divestiture_reduction | completed | 2013-12-31 | 2013-12-31 | United States | Consumer Markets (Catalyst 360) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Catalyst 360 (AARP Health member contact center) to Optum, Inc. completed December 31, 2013. Impact not material to results, financial position or liquidity. Employee headcount transferred not disclosed. | |||
| 2013-12-31 | restructuring | in_progress | 2012-01-01 | 2015-12-31 | Global | Multiple segments | USD 67 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Strategic business realignment announced in 2012. $67 million pre-tax costs incurred in 2013 (severance, professional fees, asset impairment, contract termination). Program expected to substantially complete over 24 months from announcement. No specific employee count disclosed for 2013 activity. | ||
| 2013-12-31 | restructuring | in_progress | Mutual Funds [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-12-31 | restructuring | in_progress | Property Casualty Commercial [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-12-31 | restructuring | in_progress | Life Other Operations [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-12-31 | restructuring | in_progress | Corporate Segment [Member] | USD 64,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-12-31 | restructuring | in_progress | USD 67,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2013-12-31 | restructuring | in_progress | Group Benefits [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-12-31 | restructuring | in_progress | Consumer Markets [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-12-31 | restructuring | in_progress | Contract Termination [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-12-31 | restructuring | in_progress | restructuringprofessionalfees [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-12-31 | restructuring | in_progress | Asset Impairment Charges [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 22,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | 2012-03-01 | 2015-03-31 | United States | Corporate | USD 15 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q3 2013 charges of $15M pre-tax ($2M severance, $3M professional fees, $10M asset impairment). Program announced in 2012, expected to complete over 24 months from Q2 2013 initiation of real estate consolidation. | ||
| 2013-09-30 | restructuring | in_progress | Asset Impairment Charges [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 22,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | Contract Termination [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | USD 52,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2013-09-30 | restructuring | in_progress | Professional Fees [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | Corporate [Member] | USD 49,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | Mutual Funds [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | Life Other Operations [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | Consumer Markets [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | Group Benefits [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | Property Casualty Commercial [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-30 | restructuring | in_progress | 2012-03-01 | 2014-12-31 | United States | Multiple segments including Corporate | USD 332 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Strategic business realignment announced 2012; $261M pre-tax incurred to date. Includes workforce reductions, lease terminations, and Q2 2013 Connecticut real estate consolidation. No employee count disclosed. | ||
| 2013-06-30 | divestiture_reduction | completed | 2013-01-01 | 2013-01-01 | United States | Retirement Plans business (Talcott Resolution) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Retirement Plans business to MassMutual completed 2013-01-01; no headcount impact disclosed. | |||
| 2013-06-30 | divestiture_reduction | completed | 2013-01-02 | 2013-01-02 | United States | Individual Life insurance business (Talcott Resolution) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Individual Life business to Prudential completed 2013-01-02; no headcount impact disclosed. | |||
| 2013-06-30 | divestiture_reduction | announced | 2013-06-27 | 2013-12-31 | United Kingdom | U.K. variable annuity business (Talcott Resolution) | USD 102 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to sell HLIL to Columbia Insurance Company (Berkshire Hathaway) for ~$285M; after-tax loss of $102M recognized on signing. No headcount disclosed. | ||
| 2013-06-30 | restructuring | in_progress | 2012-03-01 | 2015-06-30 | Connecticut | Corporate | USD 332 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Strategic business realignment announced in 2012. Includes consolidation of real estate operations in Connecticut, exiting certain facilities, and relocating employees. Total estimated pre-tax costs are $332 million; $261 million incurred to date. No specific employee count disclosed. | ||
| 2013-06-30 | restructuring | in_progress | Corporate [Member] | USD 35,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-30 | restructuring | in_progress | Mutual Funds [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-30 | restructuring | in_progress | Life Other Operations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-30 | restructuring | in_progress | Consumer Markets [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-30 | restructuring | in_progress | Group Benefits [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-30 | restructuring | in_progress | Property Casualty Commercial [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-30 | restructuring | in_progress | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2013-06-30 | restructuring | in_progress | Asset Impairment Charges [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-30 | restructuring | in_progress | Contract Termination [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-30 | restructuring | in_progress | Professional Fees [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-31 | restructuring | in_progress | 2012-03-01 | United States | Multiple segments including Corporate, Talcott Resolution, Mutual Funds, Property & Casualty Commercial, Consumer Markets, Group Benefits | USD 18 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Strategic realignment announced March 2012; total estimated pre-tax costs of $275M with $242M incurred to date. Q1 2013 charges of $18M pre-tax (severance $13M, professional fees $5M). No employee headcount disclosed. Expected to substantially complete over next 12-18 months. | |||
| 2013-03-31 | divestiture_reduction | completed | 2013-01-01 | 2013-01-01 | United States | Retirement Plans business (Talcott Resolution segment) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Retirement Plans business to MassMutual completed January 1, 2013 as a reinsurance transaction. No employee headcount impact disclosed. | |||
| 2013-03-31 | divestiture_reduction | completed | 2013-01-02 | 2013-01-02 | United States | Individual Life insurance business (Talcott Resolution segment) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Individual Life insurance business to Prudential completed January 2, 2013 as a reinsurance transaction. No employee headcount impact disclosed. | |||
| 2013-03-31 | restructuring | in_progress | 2012-03-01 | 2014-09-30 | Global | Corporate, Talcott Resolution, Property & Casualty Commercial, Consumer Markets, Group Benefits, Mutual Funds | USD 18 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Strategic business realignment announced in March 2012. Q1 2013 charges included $13M severance and $5M professional fees. Total estimated pre-tax costs are $275M; $242M incurred to date. Completion expected in 12-18 months from report date. | ||
| 2013-03-31 | restructuring | in_progress | Asset Impairment Charges [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-31 | restructuring | in_progress | Contract Termination [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-31 | restructuring | in_progress | USD 18,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2013-03-31 | restructuring | in_progress | Professional Fees [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-31 | restructuring | in_progress | Corporate [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-31 | restructuring | in_progress | Mutual Funds [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-31 | restructuring | in_progress | Property Casualty Commercial [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-31 | restructuring | in_progress | Consumer Markets [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-31 | restructuring | in_progress | Group Benefits [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-31 | restructuring | in_progress | Life Other Operations [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | 2012-03 | Company-wide (predominantly U.S.; includes Japan operations within Talcott Resolution) | All reporting segments; largest 2012 charges in Corporate and Talcott Resolution | USD 199 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Stemmed from strategic business realignment announced March 2012 (focus on P&C, Group Benefits, Mutual Funds) plus expense-reduction restructuring begun in 2011. FY2012 pre-tax charge of $199M comprised severance benefits $148M, professional fees $44M, asset impairment $5M, and other contract terminations $2M; total program estimated at ~$275M pre-tax. Accrued severance liability of $70M at 2012-12-31. 2012 charges by segment: Corporate $121M, Talcott Resolution $68M, P&C Commercial $5M, Mutual Funds $3M, Consumer Markets $1M, Group Benefits $1M. Number of employees affected not disclosed. | |||
| 2012-12-31 | divestiture_reduction | completed | 2012-03 | 2013-01-02 | United States | Talcott Resolution — Individual Life | USD 533 (millions) | other f5-10k / GLM-5.3-flash-HTML | Sale to The Prudential Insurance Company of America for $615M consideration, structured as reinsurance (~$8.7B policyholder and ~$5.3B separate account liabilities reinsured). Pre-tax reinsurance loss on disposition of $533M recorded in 2012, including $342M goodwill impairment. Employee headcount affected not disclosed; part of the March 2012 strategic realignment. | ||
| 2012-12-31 | divestiture_reduction | completed | 2012-03 | 2013-01-01 | United States | Talcott Resolution — Retirement Plans | other f5-10k / GLM-5.3-flash-HTML | Sale to MassMutual for a $355M ceding commission, structured as reinsurance ($9.2B policyholder liabilities and $26.3B separate account liabilities reinsured). Estimated to break even pre-tax; after-tax loss driven by non-deductible goodwill. Employee headcount affected not disclosed; part of the March 2012 strategic realignment. | |||
| 2012-12-31 | divestiture_reduction | completed | 2012-03 | 2012-11-30 | United States | Corporate — Woodbury Financial Services (broker-dealer) | other f5-10k / GLM-5.3-flash-HTML | Indirect wholly-owned broker-dealer subsidiary sold to AIG Advisor Group, Inc. on 2012-11-30; impact of the disposition disclosed as not material. Employee headcount affected not disclosed; sale was part of the March 2012 strategic realignment. | |||
| 2012-12-31 | restructuring | in_progress | 2012-03-01 | United States | Enterprise-wide | USD 199 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pre-tax restructuring costs incurred in 2012: severance $148M, professional fees $44M, asset impairment $5M, other contract termination $2M. Total program estimated at $275M pre-tax; Company intends to substantially complete over next 12-18 months. No employee count disclosed. | |||
| 2012-12-31 | divestiture_reduction | completed | 2012-11-30 | United States | Corporate (Woodbury Financial Services broker-dealer) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Woodbury Financial Services, Inc. to AIG Advisor Group completed 2012-11-30; impact stated as not material. No headcount disclosed. | ||||
| 2012-12-31 | divestiture_reduction | completed | 2012-03-01 | 2013-01-02 | United States | Talcott Resolution (Individual Life business) | USD 533 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Individual Life to Prudential completed 2013-01-02 (subsequent event). Pre-tax reinsurance loss on disposition of $533M including $342M goodwill impairment and $191M premium deficiency accrual. No headcount disclosed. | ||
| 2012-12-31 | divestiture_reduction | completed | 2012-03-01 | 2013-01-01 | United States | Talcott Resolution (Retirement Plans business) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Retirement Plans to MassMutual completed 2013-01-01 (subsequent event); ceding commission $355M, estimated pre-tax break-even. No headcount disclosed. | |||
| 2012-12-31 | restructuring | in_progress | 2012-03-01 | 2014-06-30 | Global | All Segments | USD 275 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Strategic business realignment announced in March 2012. Estimated total pre-tax costs of $275 million. Activities expected to be substantially completed over the next 12-18 months from announcement. No specific employee count disclosed. | ||
| 2012-12-31 | restructuring | in_progress | USD 199,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2012-12-31 | restructuring | in_progress | Professional Fees [Member] | USD 44,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | Contract Termination [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | Asset Impairment Charges [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 148,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | Corporate [Member] | USD 121,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | Property Casualty Commercial [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | Consumer Markets [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | Mutual Funds [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | Life Other Operations [Member] | USD 68,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | Group Benefits [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | 2012-03-21 | 2014-03-31 | United States | Individual Life, Retirement Plans, Woodbury Financial Services, Corporate | USD 250 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Strategic restructuring following March 2012 business evaluation; $110M pre-tax incurred in nine months ended 2012-09-30; includes severance, professional fees, asset impairments, and contract terminations; no employee count disclosed | ||
| 2012-09-30 | divestiture_reduction | announced | 2012-09-04 | 2013-03-31 | United States | Retirement Plans | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Retirement Plans business to MassMutual structured as reinsurance; no employee count disclosed | |||
| 2012-09-30 | divestiture_reduction | announced | 2012-09-27 | 2013-03-31 | United States | Individual Life | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Individual Life insurance business to Prudential structured as reinsurance; no employee count disclosed | |||
| 2012-09-30 | divestiture_reduction | announced | 2012-07-31 | 2012-12-31 | United States | Woodbury Financial Services | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Woodbury Financial Services to AIG Advisor Group; no employee count disclosed | |||
| 2012-09-30 | restructuring | in_progress | 2012-03-21 | 2014-03-31 | Global | Corporate and Various Segments | USD 110 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Total costs associated with restructuring and other are currently expected to be approximately $250 million pre-tax. Incurred costs for the nine months ended Sept 30, 2012 were $110 million, primarily severance and professional fees. Completion expected over next 12-18 months. | ||
| 2012-09-30 | restructuring | in_progress | Asset Impairment Charges [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 76,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | Contract Termination [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | USD 110,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2012-09-30 | restructuring | in_progress | Professional Fees [Member] | USD 28,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | Consumer Markets [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | Group Benefits [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | Corporate [Member] | USD 54,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | Retirement Plans [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | Property Casualty Commercial [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | Individual Life [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | Mutual Funds [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | Life Other Operations [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-06-30 | restructuring | in_progress | 2012-03-21 | 2013-09-30 | United States | Multiple segments including Corporate, Individual Life, Retirement Plans, Mutual Funds, Life Other Operations, Commercial Markets, Consumer Markets | USD 180 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Total estimated pre-tax cost of approximately $180M. Severance benefits and related costs of $38M accrued in six months ended June 30, 2012. No employee headcount disclosed. Completion expected over 12-18 months from March 2012 announcement. | ||
| 2012-06-30 | divestiture_reduction | announced | 2012-07-31 | 2012-12-31 | United States | Woodbury Financial Services (broker-dealer) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to sell Woodbury Financial Services announced July 31, 2012. No employee headcount disclosed. Expected to generate a modest gain. | |||
| 2012-06-30 | divestiture_reduction | in_progress | 2012-04-26 | 2013-06-30 | United States | Individual Annuity new business capabilities | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell U.S. individual annuity new business capabilities to Forethought Financial Group. Purchase and sale agreement entered mid-June 2012. No employee headcount disclosed. | |||
| 2012-06-30 | restructuring | in_progress | 2012-03-21 | 2013-12-31 | Global | Corporate, Individual Life, Retirement Plans, Mutual Funds, Life Other Operations, Commercial Markets, Consumer Markets | USD 57 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company announced completion of business and strategy evaluation on March 21, 2012. Plans include placing Individual Annuity business into runoff and pursuing sales for Individual Life, Retirement Plans, and Woodbury Financial Services. Total estimated costs are approximately $180 million pre-tax. YTD charges of $57 million include $38 million for severance, $13 million for professional fees, $5 million for asset impairment, and $1 million for other contract terminations. Activities expected to complete over next 12-18 months. | ||
| 2012-06-30 | restructuring | in_progress | Life Other Operations [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-06-30 | restructuring | in_progress | USD 57,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2012-06-30 | restructuring | in_progress | Consumer Markets [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-06-30 | restructuring | in_progress | Commercial Market [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-06-30 | restructuring | in_progress | Retirement Plans [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-06-30 | restructuring | in_progress | Individual Life [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-06-30 | restructuring | in_progress | Corporate [Member] | USD 28,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-06-30 | restructuring | in_progress | Mutual Funds [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-03-31 | restructuring | in_progress | United States | Corporate | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Corporate net loss increased due to severance charges from ongoing efficiency and expense reduction initiatives; no employee count or charge amount disclosed. | |||||
| 2012-03-31 | other | announced | 2012-03-21 | United States | Individual Annuity; Individual Life; Retirement Plans; Woodbury Financial Services | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Strategic review concluded: Individual Annuity placed into runoff; sales or strategic alternatives pursued for Individual Life, Retirement Plans, and Woodbury Financial. No workforce impact quantified. | ||||
| 2012-03-31 | other | announced | 2012-04-23 | 2012-12-31 | United States | Corporate — Employee Benefit Plans | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Defined benefit pension plan participation and benefit accruals frozen effective 2012-12-31; postretirement medical/dental/life plans frozen for retirees on/after 2014-01-01. Benefits change, not headcount reduction. | |||
| 2011-12-31 | restructuring | completed | Corporate | USD 25 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Fiscal 2011 restructuring across several areas to reduce expenses; comprises $17 million pre-tax severance and $8 million other contract termination charges, recorded in Corporate. Affected-employee count and program dates not disclosed; charges fully recognized in 2011 with no expected future charges stated. | |||||
| 2011-12-31 | divestiture_reduction | completed | Property & Casualty Commercial | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sale of wholly-owned subsidiary Specialty Risk Services (third-party claims administration) completed in Q1 2011; resulted in a $150 million after-tax net realized capital gain. Headcount impact not disclosed. | ||||||
| 2011-12-31 | divestiture_reduction | completed | Corporate | USD 74 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Merger of Federal Trust Corporation/Federal Trust Bank with CenterState Banks completed November 1, 2011; Q2 2011 after-tax charge of $74 for estimated loss on disposal (including remaining goodwill). Headcount impact not disclosed. | |||||
| 2011-12-31 | divestiture_reduction | announced | 2011-11-22 | Life Other Operations | other f5-10k / GLM-5.3-flash-HTML | Agreement for Philadelphia Financial to acquire assets used to administer the private placement life insurance businesses, with a subsequent servicing arrangement; Company retains certain corporate functions and mortality risk. Expected to close in Q2 2012 (subject to approvals); estimated after-tax deferred gain of $65–$75 million. Headcount impact not disclosed. | |||||
| 2011-12-31 | restructuring | completed | United States | Corporate | USD 25 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2011 pre-tax charges: $17M severance benefits, $8M other contract termination charges. Employee count not disclosed. Charges recorded in insurance operating costs within Corporate. | ||||
| 2011-12-31 | divestiture_reduction | completed | 2011-03-31 | United States | Property & Casualty Commercial | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Specialty Risk Services (third-party claims administration) completed Q1 2011; net realized gain of $150M after-tax. Headcount removed not disclosed. | ||||
| 2011-12-31 | divestiture_reduction | completed | 2011-11-01 | United States | Corporate | USD 74 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Federal Trust Corporation merged into CenterState Banks on 2011-11-01; after-tax charge of $74M for estimated loss on disposal. Headcount removed not disclosed. | |||
| 2010-12-31 | restructuring | completed | 2009 | 2010 | Japan and Europe (sales suspension); enterprise-wide organizational changes | International operations (Japan and Europe); charges recorded in Corporate and Other | USD 25 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Multi-year program launched in 2009 after a strategic review; included suspension of new sales in Japan and Europe, management-structure changes, and termination benefits for affected employees. Filer completed the program and executed final payments during fiscal 2010 (current-year activity only). Fiscal 2010 charges of $26 million comprised $25 million severance benefits, $1 million asset impairment, and no contract-termination charges. Number of employees affected not disclosed. | ||
| 2010-12-31 | divestiture_reduction | announced | 2010-12 | 2011 | Specialty Risk Services, LLC — third-party claims administration | other f5-10k / GLM-5.3-flash-HTML | December 2010 agreement to sell wholly-owned claims-administration subsidiary; expected to close in the first quarter of 2011 subject to regulatory approvals, with transition services up to 24 months. Employee headcount transferring not disclosed. Company expects an after-tax capital gain of approximately $150 million on closing. | ||||
| 2010-12-31 | divestiture_reduction | completed | 2010-10 | 2010 | Canada | Hartford Investments Canada Corporation — Canadian mutual fund business | other f5-10k / GLM-5.3-flash-HTML | Sale announced October 2010 and closed in the fourth quarter of 2010; net realized gain of approximately $41 million after tax. Employee headcount affected not disclosed. | |||
| 2010-12-31 | restructuring | completed | 2009-01-01 | 2010-12-31 | United States | Corporate and Other | USD 26 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year restructuring program initiated in 2009 following strategic review; 2010 charges comprised $25M severance benefits and $1M asset impairment. Company completed restructuring activities and executed final payment during 2010. Employees affected count not disclosed. | ||
| 2010-12-31 | divestiture_reduction | announced | 2010-12-01 | 2011-03-31 | United States | Specialty Risk Services (third-party claims administration) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell Specialty Risk Services, LLC entered December 2010, expected to close Q1 2011 subject to regulatory approvals. Expected capital gain of approximately $150M after-tax upon closing. No impact to 2010 consolidated results. Employees affected count not disclosed. | |||
| 2010-12-31 | divestiture_reduction | completed | 2010-10-01 | 2010-12-31 | Canada | Mutual Funds (Hartford Investments Canada Corporation) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Canadian mutual fund business closed in Q4 2010; net realized gain of approximately $41M after-tax. Employees affected count not disclosed. | |||
| 2010-12-31 | divestiture_reduction | completed | 2009-11-23 | 2010-12-31 | Brazil | Insurance joint venture (ICATU Hartford Seguros, S.A.) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Brazilian joint venture interest closed in 2010 with cash proceeds of $130M. Employees affected count not disclosed. | |||
| 2009-12-31 | restructuring | in_progress | 2009-06-30 | 2010-12-31 | Global | Life operations (International Japan/Europe suspension), Corporate, Property & Casualty | USD 139 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2009 charges: $52M severance, $53M asset impairment, $34M contract termination. Includes suspension of new sales in Japan and Europe. Completion by December 2010. No employee count disclosed. | ||
| 2009-12-31 | acquisition_addition | completed | 2009-06-24 | 2009-06-24 | United States (Florida) | Corporate (Federal Trust Corporation / savings and loan) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired 100% of Federal Trust Corporation for $10M to enable CPP participation. No headcount disclosed. | |||
| 2009-12-31 | divestiture_reduction | completed | 2009-03-31 | 2009-03-31 | United States | Specialty Commercial (First State Management Group — core excess and surplus lines property business) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sold to Beazley Group PLC for $27M; gain of $18M pre-tax. No headcount disclosed. | |||
| 2009-12-31 | divestiture_reduction | announced | 2009-11-23 | 2010-03-31 | Brazil | International (ICATU Hartford Seguros S.A. joint venture) | USD 51 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Share Purchase Agreement signed 2009-11-23 for $135M; expected close Q1 2010. $51M pre-tax impairment recorded in 2009. No headcount disclosed. | ||
| 2009-12-31 | restructuring | completed | 2009-06-30 | Japan and Europe | International | USD 119 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructuring costs include severance benefits and other costs associated with the suspension of sales in International’s Japan and European operations. | |||
| 2009-12-31 | acquisition_addition | completed | 2009-06-24 | United States | Corporate / Banking | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Federal Trust Corporation in the second quarter of 2009. Specific headcount added not disclosed. | ||||
| 2009-09-30 | restructuring | in_progress | 2010-12-31 | Global | International (Japan and Europe operations); corporate management structure | USD 105 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine-month pre-tax charges: $50 severance, $47 asset impairment, $8 contract termination. Expected total program cost $150–160M pre-tax. No employee headcount disclosed. Includes suspension of all new sales in International's Japan and European operations. | |||
| 2009-09-30 | restructuring | in_progress | 2009-09-30 | 2010-12-31 | Global | Life, Corporate, Property & Casualty | USD 105 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company announced suspension of new sales in International's Japan and European operations and reorganization of operations. Pre-tax charges incurred in Q3 2009 were $25 million ($7M severance, $10M asset impairment, $8M other contract termination). Total pre-tax charges for the nine months ended Sept 30, 2009 were $105 million ($50M severance, $47M asset impairment, $8M other contract termination). Expected total costs are $150-$160 million pre-tax. Completion expected by December 2010. Employee count affected is not explicitly disclosed. | ||
| 2009-06-30 | restructuring | in_progress | 2009-06-30 | 2010-12-31 | Global | Life operations | USD 72 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q2 2009 pre-tax charges: $35M severance benefits and $37M asset impairment charges. Expected total Life restructuring costs of $120–130M pre-tax. No employee count disclosed. Includes suspension of new sales in Japan and European operations and management structure reorganization. | ||
| 2009-06-30 | restructuring | announced | 2009-06-30 | Global | Property & Casualty; Corporate | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company disclosed it may incur additional restructuring, severance or other costs in P&C and Corporate in subsequent quarters; amounts not estimable as of June 30, 2009. | ||||
| 2009-06-30 | restructuring | in_progress | 2009-06-30 | 2010-12-31 | Global | Life Operations | USD 72 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company announced suspension of new sales in International's Japan and European operations and restructuring of management structure. Pre-tax charges of $72 million incurred in Q2 2009 ($35M severance, $37M asset impairment). Total expected Life costs estimated at $120-$130 million pre-tax. Employee count affected not disclosed. | ||
| 2008-12-31 | acquisition_addition | completed | United States | Retirement Plans | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Three Retirement Plans acquisitions completed in Q1 2008: Princeton Retirement Group, Sun Life Retirement Services, and TopNoggin LLC. No employee headcount added disclosed. | |||||
| 2007-12-31 | acquisition_addition | announced | 2007-12 | United States | Retirement Plans (Life segment) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquisition of part of the defined contribution recordkeeping business of Princeton Retirement Group, one of three Retirement Plans acquisitions announced in December 2007; had not closed as of the filing date, with closing expected in the first quarter of 2008. Headcount impact not disclosed. | ||||
| 2007-12-31 | acquisition_addition | announced | 2007-12 | United States | Retirement Plans (Life segment) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Sun Life Retirement Services, Inc. acquisition to add $17 billion of retirement plan assets across 6,000 plans plus new service locations in Boston, Massachusetts and Phoenix, Arizona; announced December 2007 and expected to close in the first quarter of 2008. Headcount impact not disclosed. | ||||
| 2007-12-31 | acquisition_addition | completed | 2007-12 | 2008-01 | United States | Retirement Plans (Life segment) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | TopNoggin LLC acquisition (web-based technology for data management, administration and benefit calculations) announced December 2007 and closed in January 2008, subsequent to fiscal year end. Headcount impact not disclosed. | |||
| 2006-12-31 | divestiture_reduction | completed | 2006-11-30 | 2006-11-30 | United States | Personal Lines (non-standard auto insurance, Omni Insurance Group) | other f5-10k / GLM-5.3-flash-HTML | Company sold its non-standard auto business, Omni Insurance Group, Inc., with the transaction closing on November 30, 2006 (date used as both announcement and completion date; separate agreement announcement date not disclosed). Total consideration was approximately $104 million. Employee headcount transferred with the divestiture was not disclosed. A pre-tax realized capital loss of $24 million and an after-tax gain of $25 million (including a $49 million income tax benefit) were recorded in 2006; these are divestiture accounting items, not severance or restructuring charges, so charge fields are left null. | |||
| 2006-12-31 | divestiture_reduction | completed | 2006-11-30 | 2006-11-30 | United States | Personal Lines — Non-standard auto insurance (Omni Insurance Group, Inc.) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Omni Insurance Group, Inc. completed 2006-11-30; no employee count disclosed. Company retained obligations for certain claims in California and New York. | |||
| 2004-12-31 | restructuring | completed | 2003-01-01 | 2004-12-31 | United States | Property & Casualty | USD 27 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | After-tax severance charges in Property & Casualty of $27 million recorded in 2003. No specific employee count disclosed for this action in the 2004 filing. | ||
| 2003-12-31 | acquisition_addition | completed | 2003-12-02 | 2003-12-31 | United States | Group Benefits | USD 485 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired CNA Financial Corporation's group life and accident, and short-term and long-term disability businesses for $485 million in cash; headcount added not disclosed | ||
| 2003-12-31 | restructuring | completed | United States | Property & Casualty | USD 41 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Before-tax severance charges of $41 million in Property & Casualty during 2003; $27 million after-tax; number of employees affected not disclosed | ||||
| 2003-12-31 | restructuring | completed | United States | Property & Casualty | USD 27 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | After-tax severance charges of $27 million recorded in Property & Casualty for the year ended December 31, 2003. Employee count not disclosed. | ||||
| 2003-09-30 | restructuring | in_progress | 2003-05-01 | United States | Property & Casualty | USD 41 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Before-tax severance charges of $41 for nine months ended 2003-09-30 from expense reduction initiatives announced May 2003; $27 after-tax. No employee count disclosed. | |||
| 2003-09-30 | restructuring | completed | 2003-05-01 | United States | Property & Casualty | USD 27 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | After-tax severance costs associated with expense reduction initiatives announced in May 2003. Employee count not disclosed. | |||
| 2003-06-30 | restructuring | in_progress | 2003-05-01 | United States | Property & Casualty | USD 41 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Expense reduction initiatives announced May 2003; $41M pre-tax severance charge ($27M after-tax) in Q2 2003. No employee count disclosed. | |||
| 2003-06-30 | restructuring | in_progress | 2003-05 | North America | Property & Casualty | USD 41 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Expense reduction initiatives announced in May 2003 resulted in $41 million before-tax severance charges in Q2 2003. | |||
| 2003-03-31 | restructuring | announced | 850 | 2003-05-12 | 2003-06-30 | United States | Property & Casualty; Corporate Services | USD 30 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 850 employees to lose jobs by end of Q2 2003; severance charge range $25–35M after-tax. Job cuts primarily from property-casualty businesses, to a lesser extent corporate services consolidation. | |
| 2003-03-31 | restructuring | announced | 650 | 2003-05-12 | 2003-06-30 | United States | Property & Casualty; Corporate Services | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | 650 vacant positions eliminated as part of same cost reduction program announced May 12, 2003. | ||
| 2003-03-31 | restructuring | announced | 4% | 2003-05-12 | 2004-12-31 | Global | Property & Casualty and Corporate Services | USD 30 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Company announced expense reduction initiatives expected to result in workforce reduction of approximately 4% during 2003 and 2004. Severance costs estimated at $25-$35 million after-tax, incurred in Q2 2003. | |
| 2002-12-31 | divestiture_reduction | completed | 2001-09-01 | 2002-01-31 | Singapore | Property & Casualty — Other Operations | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Hartford Insurance Company (Singapore), Ltd. completed January 2002; no employee count disclosed | |||
| 2002-12-31 | restructuring | completed | 79 | 2001-10-01 | 2002-12-31 | United States and International | HartRe and The Hartford Bank | USD 16 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 79 employees terminated under plans for restructuring HartRe and The Hartford Bank operations approved in Q4 2001. Pretax charge of $16 million recorded in 2001. | |
| 2002-09-30 | restructuring | in_progress | 79 | 2001-10-01 | 2002-12-31 | United States (Hartford, Connecticut) and international | HartRe reinsurance and The Hartford Bank, FSB — underwriting and claims areas | USD 16 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax charge recorded in 2001: $8 employee-related, $5 occupancy-related, $3 other. As of 2002-09-30 approximately $5 employee-related, $1 occupancy, $1 other paid. Plans approved in Q4 2001; both plans to be completed during 2002. | |
| 2002-09-30 | restructuring | in_progress | 79 | 2001-12-31 | 2002-12-31 | United States | HartRe and The Hartford Bank | USD 16 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 79 employees terminated under plans approved in Q4 2001; $16M pre-tax charge recorded in 2001. Plans to be completed during 2002. | |
| 2002-06-30 | restructuring | in_progress | 79 | 2001-12-31 | 2002-12-31 | Hartford, Connecticut (domestic and international HartRe offices) | HartRe (Reinsurance) and The Hartford Bank, FSB (Corporate) — underwriting and claims areas | USD 16 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved and implemented during Q4 2001; $16 pre-tax charge recorded in 2001 ($8 employee-related, $5 occupancy-related, $3 other). As of 2002-06-30, approximately $4 employee-related and $1 occupancy-related costs paid. Plans to be completed during 2002. Announcement date approximate (Q4 2001). | |
| 2002-06-30 | restructuring | in_progress | 79 | 2001-12-31 | 2002-12-31 | United States | HartRe and The Hartford Bank | USD 16 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan approved in Q4 2001 to restructure HartRe operations and dissolve The Hartford Bank. 79 employees terminated primarily in underwriting and claims. Total pre-tax charge of $16 million ($8M employee-related, $5M occupancy, $3M other). Expected completion in 2002. | |
| 2002-03-31 | restructuring | in_progress | 79 | 2001-10-01 | 2002-12-31 | United States and international (HartRe offices) | HartRe reinsurance and The Hartford Bank, FSB | USD 16 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plans approved in Q4 2001; 79 employees terminated primarily in underwriting and claims. Charge includes $8M employee-related, $5M occupancy-related, $3M other. Approximately $3M employee-related costs paid as of 2002-03-31. | |
| 2002-03-31 | restructuring | in_progress | 79 | 2001-12-31 | 2002-12-31 | United States | HartRe and The Hartford Bank | USD 16 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 79 employees terminated primarily in underwriting and claims areas. Total pretax charge of $16M recorded in 2001, including $8M employee-related costs. Plans to be completed during 2002. | |
| 2001-12-31 | restructuring | in_progress | 79 | 2001-10-01 | 2002-12-31 | United States | HartRe (Reinsurance) and The Hartford Bank | USD 16 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fourth-quarter pretax charge of ~$16M covering employee ($8M), occupancy ($5M), and other ($3M) costs; 79 employees terminated across underwriting and claims areas; both plans to complete during 2002 | |
| 2001-12-31 | acquisition_addition | completed | 2001-04-02 | 2001-04-02 | United States | Life — Individual Life, Investment Products | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired U.S. individual life insurance, annuity and mutual fund businesses of Fortis for $1.12B cash; included a retail broker-dealer (Woodbury Financial Services) with ~2,300 registered representatives; no employee headcount addition disclosed | |||
| 2001-12-31 | divestiture_reduction | completed | 2001-09-01 | 2002-01-31 | Singapore | Property & Casualty — Other Operations | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell Hartford Insurance Company (Singapore) Ltd. in September 2001; sale completed January 2002; no headcount disclosed | |||
| 2001-12-31 | divestiture_reduction | completed | 2001-02-08 | 2001-02-08 | Spain | Property & Casualty — Other Operations | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Completed sale of Hartford Seguros; $16M after-tax net realized capital loss; no headcount disclosed | |||
| 2001-12-31 | restructuring | in_progress | 79 | 2001-10-01 | 2002-12-31 | United States | Reinsurance and Banking | USD 16 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructuring of HartRe (centralization of underwriting/claims) and dissolution of The Hartford Bank. 79 employees terminated. Plans to be completed during 2002. | |
| 2001-09-30 | restructuring | announced | 2001-10-01 | Hartford, Connecticut, USA; international operations | Reinsurance — underwriting and claims operations | USD 20 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Combined after-tax charge of approximately $20M covers this restructuring plus early retirement of preferred securities; no employee count disclosed. | |||
| 2001-09-30 | restructuring | announced | 2001-10 | Hartford | Reinsurance | USD 20 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Centralization of underwriting and claims operations in Hartford and exit of international lines except catastrophe, ART and marine. Charge includes early retirement of indebtedness. | |||
| 2000-12-31 | acquisition_addition | completed | 2000-06-27 | 2000-06-27 | United States | Worldwide Life | USD 1,416 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired remaining ~19% minority interest in Hartford Life, Inc.; total consideration $1,416M; no employee count disclosed | ||
| 2000-12-31 | divestiture_reduction | completed | 2000-12-22 | 2000-12-22 | Netherlands | International and Other Operations | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Zwolsche Algemeene N.V. to Assurances Generales de France for $547M; no employee count disclosed | |||
| 2000-12-31 | acquisition_addition | announced | 2001-01-25 | 2001-06-30 | United States | Worldwide Life | USD 1,120 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreed to acquire U.S. individual life, annuity and mutual fund businesses of Fortis for $1.12B cash; expected completion Q2 2001; no employee count disclosed | ||
| 2000-12-31 | divestiture_reduction | completed | 2001-02-08 | 2001-02-08 | Spain | International and Other Operations | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Hartford Seguros to Liberty International (Liberty Mutual Group) for $29M; completed after fiscal year-end; no employee count disclosed | |||
| 2000-12-31 | acquisition_addition | completed | 2000-06-27 | United States | Worldwide Life | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | The Hartford acquired the ~81% of Hartford Life, Inc. it did not already own; no employee count disclosed. | ||||
| 2000-12-31 | divestiture_reduction | completed | 2000-12-22 | Netherlands | Worldwide Property & Casualty — International | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale to Assurances Generales de France for $547 million before costs; no employee count disclosed. | ||||
| 2000-12-31 | divestiture_reduction | announced | 2001-02-08 | Spain | Worldwide Property & Casualty — International | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent to fiscal year-end; sold to Liberty International for $29 million before costs; no employee count disclosed. | ||||
| 2000-12-31 | acquisition_addition | announced | 2001-01-25 | 2001-06-30 | United States | Worldwide Life | USD 1,120 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire Fortis U.S. individual life, annuity and mutual fund businesses for $1.12 billion cash; expected completion Q2 2001; no employee count disclosed. | ||
| 2000-09-30 | acquisition_addition | completed | 2000-06-27 | 2000-06-27 | United States | Worldwide Life (Hartford Life, Inc.) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company acquired all outstanding Hartford Life, Inc. shares not already owned for $1.4 billion, eliminating minority interest; no employee headcount added disclosed. | |||
| 2000-09-30 | divestiture_reduction | announced | 2000-10-06 | Netherlands | International and Other Operations (Zwolsche Algemeene NV) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement in principle to sell Zwolsche to AGF (Allianz AG) for expected proceeds of about $550 million before costs; no headcount disclosed. | ||||
| 2000-09-30 | restructuring | in_progress | United States | Commercial (field office and claims operations) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | MD&A cites expenses from Commercial field office and claim reorganizations as a drag on nine-month core earnings; no employee counts, charges, or timing disclosed. | |||||
| 2000-09-30 | restructuring | in_progress | North America | Commercial | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Filing mentions 'Commercial field office and claim reorganizations' and associated expenses, but does not disclose employee counts or specific charge amounts. | |||||
| 1998-12-31 | divestiture_reduction | completed | 1998-11-16 | 1998-11-16 | United Kingdom | International | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of London & Edinburgh Insurance Group to Norwich Union; headcount not disclosed | |||
| 1998-12-31 | acquisition_addition | completed | 1998-02-12 | 1998-02-12 | United States | Personal | USD 189 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of Omni Insurance Group for $189 million; headcount not disclosed | ||
| 1998-12-31 | acquisition_addition | completed | 1998-08-26 | 1998-08-26 | United States | Life | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of PLANCO Financial Services; headcount not disclosed | |||
| 1998-09-30 | acquisition_addition | completed | 1998-08-26 | United States | Life (HLI distribution) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | HLI acquired PLANCO Financial Services, a wholesaler of annuity products; no employee count disclosed. Results consolidated from closing date. | ||||
| 1998-09-30 | divestiture_reduction | completed | 1998-11-16 | United Kingdom | International | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of London & Edinburgh Insurance Group to Norwich Union for approximately $525 million before costs; Excess Insurance Co. Ltd. retained with new business discontinued. No employee count disclosed. | ||||
| 1997-12-31 | acquisition_addition | completed | 1998-02-12 | United States | North American Property & Casualty — Personal lines (non-standard auto) | USD 189 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Omni Insurance Group, Inc., holding company of two non-standard auto insurance subsidiaries licensed in 25 states and DC. Total purchase price $189M cash. No employee headcount disclosed for the acquired entity. | |||
| 1996-12-31 | restructuring | completed | 1996 | North America | North American Property & Casualty | MD&A f5-10k / GLM-5.3-flash-HTML | Segment was reorganized during 1996 to group market segments and product lines by market and strengthen the results-focused management team; identified as one of two major actions completed in 1996. Year-only date precision; no headcount reduction, severance, or associated charge amount disclosed. |