Business Segments · Net Income
Personal Lines — Net Income
The Hartford Financial Services Group Personal Lines — Net Income increased by 381.8% to $31.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 358.3%, from -$12.00M to $31.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates improved underwriting margins or higher operational efficiency, while a decrease suggests rising loss ratios or increased administrative costs.
Detailed definition
This represents the net profit generated specifically by the Personal Lines insurance segment after accounting for all u...
Peer comparison
Comparable to segment-level net income reported by other diversified insurance carriers.
Metric ID:
hig_segment_personal_lines_net_incomeHistorical Data
13 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $118.00M | $51.00M | $81.00M | $77.00M | $6.00M | -$36.00M | $44.00M | -$1.00M | -$60.00M | -$12.00M | $34.00M | -$11.00M | $31.00M |
| QoQ Change | — | -56.8% | +58.8% | -4.9% | -92.2% | -700.0% | +222.2% | -102.3% | <-999% | +80.0% | +383.3% | -132.4% | +381.8% |
| YoY Change | — | — | — | — | -94.9% | -170.6% | -45.7% | -101.3% | <-999% | +66.7% | >999% | +81.7% | +358.3% |
Range-$60.00M – $118.00M
CAGR-36.0%
Avg YoY Growth+277.1%
Median YoY Growth-45.7%
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Frequently Asked Questions
- What is The Hartford Financial Services Group's personal lines — net income?
- The Hartford Financial Services Group (HIG) reported personal lines — net income of $31.00M in Q3 2024.
- How has The Hartford Financial Services Group's personal lines — net income changed year-over-year?
- The Hartford Financial Services Group's personal lines — net income increased by 358.3% year-over-year, from -$12.00M to $31.00M.
- What does personal lines — net income mean?
- The total profit earned by the personal insurance business segment.