Commercial automobile physical damage — 2nd Year
The Hartford Financial Services Group Commercial automobile physical damage — 2nd Year decreased by 15.0% to 14.7% in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 15.0%, from 17.3% to 14.7%. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase indicates adverse loss development, suggesting that initial reserves were insufficient, whereas a decrease indicates favorable reserve development and potential prior-year profit releases.
Detailed definition
This metric tracks the cumulative claims development for commercial automobile physical damage coverage as it matures in...
Peer comparison
Comparable to 'two-year loss development' or 'reserve adequacy' metrics reported by major property and casualty insurers for commercial auto segments.
hig_segment_commercial_automobile_physical_damage_2nd_yearHistorical Data
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | 9.7% | 12.7% | 17.1% | 17.3% | 14.7% |
| QoQ Change | — | +30.9% | +34.6% | +1.2% | -15.0% |
| YoY Change | — | +30.9% | +34.6% | +1.2% | -15.0% |
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Frequently Asked Questions
- What is The Hartford Financial Services Group's commercial automobile physical damage — 2nd year?
- The Hartford Financial Services Group (HIG) reported commercial automobile physical damage — 2nd year of 14.7% in Q4 2025.
- How has The Hartford Financial Services Group's commercial automobile physical damage — 2nd year changed year-over-year?
- The Hartford Financial Services Group's commercial automobile physical damage — 2nd year decreased by 15.0% year-over-year, from 17.3% to 14.7%.
- What does commercial automobile physical damage — 2nd year mean?
- The cumulative claims costs for commercial vehicle physical damage as observed at the end of the second year of coverage.