Commercial automobile physical damage — 3rd Year
The Hartford Financial Services Group Commercial automobile physical damage — 3rd Year increased by 300.0% to 0.4% in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 300.0%, from -0.2% to 0.4%. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase signals unfavorable long-term loss development, while a decrease signals favorable development, reflecting the maturity and ultimate cost of claims in the commercial auto segment.
Detailed definition
This metric measures the total claims development for commercial automobile physical damage coverage at the three-year m...
Peer comparison
Similar to 'three-year loss development' or 'ultimate loss ratio' metrics used by insurance peers to assess long-term underwriting performance.
hig_segment_commercial_automobile_physical_damage_3rd_yearHistorical Data
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | -0.4% | -0.4% | -0.2% | -0.2% | 0.4% |
| QoQ Change | — | +0.0% | +50.0% | +0.0% | +300.0% |
| YoY Change | — | +0.0% | +50.0% | +0.0% | +300.0% |
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Frequently Asked Questions
- What is The Hartford Financial Services Group's commercial automobile physical damage — 3rd year?
- The Hartford Financial Services Group (HIG) reported commercial automobile physical damage — 3rd year of 0.4% in Q4 2025.
- How has The Hartford Financial Services Group's commercial automobile physical damage — 3rd year changed year-over-year?
- The Hartford Financial Services Group's commercial automobile physical damage — 3rd year increased by 300.0% year-over-year, from -0.2% to 0.4%.
- What does commercial automobile physical damage — 3rd year mean?
- The cumulative claims costs for commercial vehicle physical damage as observed at the end of the third year of coverage.