Business Segments · Goodwill

Group Benefits — Goodwill

The Hartford Financial Services Group Group Benefits — Goodwill remained flat by 0.0% to $723.00M in Q4 2023 compared to the prior quarter.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2017
Last reportedQ1 2026
Rolls up toGoodwill

How to read this metric

Stable levels are expected; a decrease signals an impairment charge, which indicates a decline in the value of past acquisitions.

Detailed definition

This represents the excess of the purchase price over the fair value of identifiable net assets acquired in business com...

Peer comparison

Standard balance sheet item for companies that have grown through acquisition; comparable to peers with similar M&A history.

Metric ID: hig_segment_group_benefits_goodwill

Historical Data

3 periods
 Q4 '21Q4 '22Q4 '23
Value$723.00M$723.00M$723.00M
QoQ Change+0.0%+0.0%
YoY Change+0.0%+0.0%
Range$723.00M$723.00M
Avg YoY Growth+0.0%
Median YoY Growth+0.0%
Current Streak2+ quarters growth

Frequently Asked Questions

What is The Hartford Financial Services Group's group benefits — goodwill?
The Hartford Financial Services Group (HIG) reported group benefits — goodwill of $723.00M in Q4 2023.
What does group benefits — goodwill mean?
The premium paid for acquisitions in the Group Benefits segment that exceeds the value of the acquired assets.