The Hartford Financial Services Group HIG Automobiles — Prior accident year development [1]
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Where this comes from
Reported directly by The Hartford Financial Services Group in its filing.
Tagged under the XBRL concept us-gaap:SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense.
The official record: The Hartford Financial Services Group’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is The Hartford Financial Services Group's automobiles — prior accident year development [1]?
- The Hartford Financial Services Group (HIG) reported automobiles — prior accident year development [1] of -$15M in Q1 2026.
- How has The Hartford Financial Services Group's automobiles — prior accident year development [1] changed year-over-year?
- The Hartford Financial Services Group's automobiles — prior accident year development [1] decreased by 25.0% year-over-year, from -$12M to -$15M.
- What is the long-term trend for The Hartford Financial Services Group's automobiles — prior accident year development [1]?
- Over 4 years (2021 to 2025), The Hartford Financial Services Group's automobiles — prior accident year development [1] has grown at a -1.9% compound annual growth rate (CAGR), from -$81M to -$75M.
- What does automobiles — prior accident year development [1] mean?
- This represents the change in estimated ultimate losses for claims that occurred in previous accident years. It reflects the difference between the current estimate of liabilities and the reserves previously established for those specific claims.