Business Segments · Goodwill

P&C Commercial Lines — Goodwill

The Hartford Financial Services Group P&C Commercial Lines — Goodwill remained flat by 0.0% to $659.00M in Q4 2023 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2017
Last reportedQ1 2026
Rolls up toGoodwill

How to read this metric

A decrease usually signals an impairment charge, which reflects a negative outlook on the value of past acquisitions.

Detailed definition

This represents the intangible asset arising from the acquisition of other businesses, reflecting the premium paid over...

Peer comparison

Standard balance sheet item for companies with a history of acquisitions.

Metric ID: hig_segment_p_c_commercial_lines_goodwill

Historical Data

3 periods
 Q4 '21Q4 '22Q4 '23
Value$659.00M$659.00M$659.00M
QoQ Change+0.0%+0.0%
YoY Change+0.0%+0.0%
Range$659.00M$659.00M
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 p&c commercial lines — goodwill?
The Hartford Financial Services Group (HIG) reported p&c commercial lines — goodwill of $659.00M in Q4 2023.
What does p&c commercial lines — goodwill mean?
The value of intangible benefits, like brand reputation, acquired through past business purchases.