Commercial automobile physical damage — 1st Year
The Hartford Financial Services Group Commercial automobile physical damage — 1st Year increased by 3.2% to 80.7% in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 3.2%, from 78.2% to 80.7%. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests higher initial claims frequency or severity, potentially indicating inadequate pricing or adverse risk selection, while a decrease suggests strong initial underwriting performance.
Detailed definition
This metric represents the incurred losses or claims development specifically for commercial automobile physical damage...
Peer comparison
Peers in the commercial insurance sector report similar metrics as 'accident year loss development' or 'initial loss ratio' for commercial auto portfolios.
hig_segment_commercial_automobile_physical_damage_1st_yearHistorical Data
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | 88% | 85.3% | 79.7% | 78.2% | 80.7% |
| QoQ Change | — | -3.1% | -6.6% | -1.9% | +3.2% |
| YoY Change | — | -3.1% | -6.6% | -1.9% | +3.2% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is The Hartford Financial Services Group's commercial automobile physical damage — 1st year?
- The Hartford Financial Services Group (HIG) reported commercial automobile physical damage — 1st year of 80.7% in Q4 2025.
- How has The Hartford Financial Services Group's commercial automobile physical damage — 1st year changed year-over-year?
- The Hartford Financial Services Group's commercial automobile physical damage — 1st year increased by 3.2% year-over-year, from 78.2% to 80.7%.
- What does commercial automobile physical damage — 1st year mean?
- The total claims costs incurred for commercial vehicle physical damage during the first year of coverage.