Products & Services · Unpaid losses and loss adjustment expenses
Homeowners — Unpaid losses and loss adjustment expenses
The Hartford Financial Services Group Homeowners — Unpaid losses and loss adjustment expenses decreased by 1.6% to $376.00M in Q4 2023 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2016
Last reportedQ1 2026
Rolls up toReserve for insurance claims
How to read this metric
Rising gross unpaid losses indicate an increase in the total claims burden, requiring careful monitoring of reserve adequacy.
Detailed definition
This represents the gross estimated liability for homeowners insurance claims and the associated costs to process them,...
Peer comparison
Standard 'Gross Reserves' metric used across the insurance industry.
Metric ID:
hig_segment_homeowners_unpaid_losses_and_loss_adjustment_expensesHistorical Data
3 periods
| Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|
| Value | $381.00M | $382.00M | $376.00M |
| QoQ Change | — | +0.3% | -1.6% |
| YoY Change | — | +0.3% | -1.6% |
Range$376.00M – $382.00M
Avg YoY Growth-0.7%
Median YoY Growth-0.7%
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Frequently Asked Questions
- What is The Hartford Financial Services Group's homeowners — unpaid losses and loss adjustment expenses?
- The Hartford Financial Services Group (HIG) reported homeowners — unpaid losses and loss adjustment expenses of $376.00M in Q4 2023.
- What does homeowners — unpaid losses and loss adjustment expenses mean?
- The total estimated cost of all outstanding homeowners claims and settlement expenses before considering reinsurance.