Business Segments · Income Tax

P&C Business Insurance — Income Tax

The Hartford Financial Services Group P&C Business Insurance — Income Tax decreased by 41.9% to $136.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.5%, from $122.00M to $136.00M. Over 3 years (FY 2022 to FY 2025), P&C Business Insurance — Income Tax shows an upward trend with a 18.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2026
Rolls up toIncome Tax

How to read this metric

Changes in this metric generally track with pre-tax income fluctuations, though shifts in the effective tax rate can signal changes in tax strategy or regulatory environments.

Detailed definition

The portion of the segment's pre-tax income allocated to federal, state, and local tax authorities. This reflects the ta...

Peer comparison

Standard tax expense reporting consistent with GAAP requirements for segment-level financial disclosures.

Metric ID: hig_segment_p_c_business_insurance_income_tax_expense

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$106.50M$106.50M$106.50M$106.50M$125.50M$125.50M$125.50M$125.50M$129.00M$130.00M$134.00M$183.00M$122.00M$176.00M$180.00M$234.00M$136.00M
QoQ Change+0.0%+0.0%+0.0%+17.8%+0.0%+0.0%+0.0%+2.8%+0.8%+3.1%+36.6%-33.3%+44.3%+2.3%+30.0%-41.9%
YoY Change+17.8%+17.8%+17.8%+17.8%+2.8%+3.6%+6.8%+45.8%-5.4%+35.4%+34.3%+27.9%+11.5%
Range$106.50M$234.00M
CAGR+6.3%
Avg YoY Growth+18.0%
Median YoY Growth+17.8%

Frequently Asked Questions

What is The Hartford Financial Services Group's p&c business insurance — income tax?
The Hartford Financial Services Group (HIG) reported p&c business insurance — income tax of $136.00M in Q1 2026.
How has The Hartford Financial Services Group's p&c business insurance — income tax changed year-over-year?
The Hartford Financial Services Group's p&c business insurance — income tax increased by 11.5% year-over-year, from $122.00M to $136.00M.
What is the long-term trend for The Hartford Financial Services Group's p&c business insurance — income tax?
Over 3 years (2022 to 2025), The Hartford Financial Services Group's p&c business insurance — income tax has grown at a 18.7% compound annual growth rate (CAGR), from $426.00M to $712.00M.
What does p&c business insurance — income tax mean?
The total tax cost incurred by the business segment.