Current Liabilities
Liability for Claims and Claims Adjustment Expense
The Hartford Financial Services Group Liability for Claims and Claims Adjustment Expense increased by 1.0% to $46.72B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.2%, from $45.27B to $46.72B. Over 5 years (FY 2020 to FY 2025), Liability for Claims and Claims Adjustment Expense shows an upward trend with a 4.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2024
Last reportedQ1 2026
How to read this metric
An increase relative to premiums earned may suggest rising medical costs or slower claims processing, while a decrease could indicate improved claims management or lower utilization.
Detailed definition
This represents the estimated obligation for medical claims that have been incurred but not yet paid or fully processed...
Peer comparison
A primary metric for all health insurance providers; peers report this as claims reserves or unpaid claims.
Metric ID:
current_liabilities_liability_for_claims_and_claims_adju_7e9431Historical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $38.70B | $39.38B | $39.66B | $39.76B | $40.03B | $40.60B | $41.24B | $41.58B | $41.22B | $41.69B | $42.32B | $42.77B | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| QoQ Change | — | +1.7% | +0.7% | +0.3% | +0.7% | +1.4% | +1.6% | +0.8% | -0.9% | +1.1% | +1.5% | +1.1% | +1.3% | +1.3% | +1.7% | +1.5% | +0.5% | +0.7% | +1.0% | +1.0% |
| YoY Change | — | — | — | — | +3.4% | +3.1% | +4.0% | +4.6% | +3.0% | +2.7% | +2.6% | +2.9% | +5.1% | +5.3% | +5.4% | +5.8% | +5.0% | +4.4% | +3.7% | +3.2% |
Range$38.70B – $46.72B
CAGR+4.0%
Avg YoY Growth+4.0%
Median YoY Growth+3.9%
Current Streak11 quarters growth
Product Breakdown
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Assumed Reinsurance | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| Automobiles | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| Commercial automobile physical damage | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| General Liability | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| Homeowners | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| Marine | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| Other operations | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| Package Business | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| Personal automobile physical damage | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| Professional liability | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| Property Insurance | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| Short-Duration Insurance, Other | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| Surety Product Line | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| Workers' Compensation | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| Total | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Employee Benefits | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| Group Benefits | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| Hartford Funds | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| P&C Business Insurance | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| P&C Commercial Lines | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| P&C Personal Insurance | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| P&C Personal Lines | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| Property & Casualty Other Operations | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
| Total | $43.32B | $43.88B | $44.61B | $45.27B | $45.48B | $45.82B | $46.27B | $46.72B |
Liability for Claims and Claims Adjustment Expense at Other Companies
Frequently Asked Questions
- What is The Hartford Financial Services Group's liability for claims and claims adjustment expense?
- The Hartford Financial Services Group (HIG) reported liability for claims and claims adjustment expense of $46.72B in Q1 2026.
- How has The Hartford Financial Services Group's liability for claims and claims adjustment expense changed year-over-year?
- The Hartford Financial Services Group's liability for claims and claims adjustment expense increased by 3.2% year-over-year, from $45.27B to $46.72B.
- What is the long-term trend for The Hartford Financial Services Group's liability for claims and claims adjustment expense?
- Over 5 years (2020 to 2025), The Hartford Financial Services Group's liability for claims and claims adjustment expense has grown at a 4.1% compound annual growth rate (CAGR), from $37.86B to $46.27B.
- What does liability for claims and claims adjustment expense mean?
- The estimated amount the company owes for medical claims that have occurred but have not yet been settled.