The Hartford Financial Services Group P&C Personal Lines — Goodwill remained flat by 0.0% to $119.00M in Q4 2023 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
A decrease typically signals an impairment charge, reflecting a decline in the segment's expected future economic value.
Goodwill represents the excess of the purchase price over the fair value of identifiable net assets acquired in business...
Commonly reported by insurance companies that have grown through acquisitions.
hig_segment_p_c_personal_lines_goodwill| Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|
| Value | $119.00M | $119.00M | $119.00M |
| QoQ Change | — | +0.0% | +0.0% |
| YoY Change | — | +0.0% | +0.0% |