Employee Benefits — Insurance operating costs and other expense
The Hartford Financial Services Group Employee Benefits — Insurance operating costs and other expense increased by 0.5% to $439.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.1%, from $406.00M to $439.00M. Over 3 years (FY 2022 to FY 2025), Employee Benefits — Insurance operating costs and other expense shows an upward trend with a 4.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue may indicate declining operational efficiency, while a decrease suggests improved cost management or economies of scale.
Detailed definition
The administrative and operational overhead required to run the employee benefits segment, excluding direct claim costs....
Peer comparison
Comparable to 'Operating Expenses' or 'Underwriting and Administrative Expenses' at peer insurers.
hig_segment_employee_benefits_insurance_operating_costs_and_other_expenseHistorical Data
| 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 | $366.75M | $366.75M | $366.75M | $366.75M | $378.50M | $378.50M | $378.50M | $378.50M | $397.00M | $387.00M | $401.00M | $424.00M | $406.00M | $407.00M | $425.00M | $437.00M | $439.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +3.2% | +0.0% | +0.0% | +0.0% | +4.9% | -2.5% | +3.6% | +5.7% | -4.2% | +0.2% | +4.4% | +2.8% | +0.5% |
| YoY Change | — | — | — | — | +3.2% | +3.2% | +3.2% | +3.2% | +4.9% | +2.2% | +5.9% | +12.0% | +2.3% | +5.2% | +6.0% | +3.1% | +8.1% |
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Frequently Asked Questions
- What is The Hartford Financial Services Group's employee benefits — insurance operating costs and other expense?
- The Hartford Financial Services Group (HIG) reported employee benefits — insurance operating costs and other expense of $439.00M in Q1 2026.
- How has The Hartford Financial Services Group's employee benefits — insurance operating costs and other expense changed year-over-year?
- The Hartford Financial Services Group's employee benefits — insurance operating costs and other expense increased by 8.1% year-over-year, from $406.00M to $439.00M.
- What is the long-term trend for The Hartford Financial Services Group's employee benefits — insurance operating costs and other expense?
- Over 3 years (2022 to 2025), The Hartford Financial Services Group's employee benefits — insurance operating costs and other expense has grown at a 4.5% compound annual growth rate (CAGR), from $1.47B to $1.68B.
- What does employee benefits — insurance operating costs and other expense mean?
- The day-to-day operating expenses required to manage the employee benefits business.