The Hartford Financial Services Group Automobiles — 7th Year increased by 22.9% to 5.9% in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 22.9%, from 4.8% to 5.9%. This increase may warrant attention — for this metric, lower values are generally preferred.
Any significant movement in this year suggests the presence of rare, high-severity claims that have persisted for a long duration.
The cumulative loss development or claims experience for automobile insurance policies in their seventh year of coverage...
Standard component of loss development triangles used by P&C insurers to assess reserve adequacy.
hig_segment_automobiles_7th_year| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | 3.2% | 4% | 4.3% | 4.8% | 5.9% |
| QoQ Change | — | +25.0% | +7.5% | +11.6% | +22.9% |
| YoY Change | — | +25.0% | +7.5% | +11.6% | +22.9% |