Form N-VP/A TALCOTT RESOLUTION LIFE
Talcott Resolution Life Insurance Company
Talcott Resolution Life Insurance Company Separate Account Two:
The Director Outlook Series II/IIR
Talcott Resolution Life and Annuity Insurance Company
Talcott Resolution Life and Annuity Insurance Company Separate Account One:
The Director Outlook Series II/IIR
Supplement dated August 25, 2025 product notice dated April 30, 2025
The contract was previously sold under various marketing names depending on which distribution partner sold the contract and/or when the product was sold. These marketing names include: The Director Outlook Series II/IIR, First Horizon Director Outlook Series I/IR, The BB&T Director Outlook Series II/IIR, AmSouth Variable Annuity Outlook Series II/IIR, Director Select Outlook Series II/IIR, Huntington Director Outlook Series II/IIR, Classic Director Outlook Series II/IIR, Director Preferred Outlook Series II/IIR and Wells Fargo Director Outlook Series II/IIR.
The following supplements and amends the above mentioned product notice. Please read this supplement and retain it for future reference. Special terms not defined in this supplement have the same meanings as in your product notice.
In Appendix A - Funds Available Under the Contract: current expenses for certain funds are updated as follows:
| Fund and Adviser/Subadviser | Current Expenses | ||||
| Allspring VT Index Asset Allocation Fund - Class 2 Adviser: Allspring Funds Management, LLC Subadviser: Allspring Global Investments, LLC | 1.01%* | ||||
| Hartford International Opportunities HLS Fund - Class IB Adviser: Hartford Funds Management Company, LLC Subadviser: Wellington Management Company LLP | 1.02% | ||||
HV-8196
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