Discontinued — last reported Q3 '24
Commercial Lines — Earned premiums and fee income
The Hartford Financial Services Group Commercial Lines — Earned premiums and fee income increased by 4.1% to $3.26B in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 10.1%, from $2.96B to $3.26B. Over 2 years (FY 2021 to FY 2023), Commercial Lines — Earned premiums and fee income shows an upward trend with a 10.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests growth in the active commercial insurance book of business.
Detailed definition
This metric measures the portion of premiums that have been recognized as revenue over the policy period, combined with...
Peer comparison
Commonly reported by all insurance companies as segment-level earned premiums.
hig_segment_commercial_lines_earned_premiums_and_fee_incomeHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.35B | $2.46B | $2.52B | $2.50B | $2.63B | $2.71B | $2.78B | $2.78B | $2.90B | $2.96B | $3.05B | $3.06B | $3.13B | $3.26B |
| QoQ Change | — | +4.5% | +2.6% | -1.1% | +5.2% | +3.4% | +2.4% | -0.0% | +4.3% | +2.3% | +2.9% | +0.4% | +2.4% | +4.1% |
| YoY Change | — | — | — | — | +11.6% | +10.4% | +10.1% | +11.3% | +10.3% | +9.2% | +9.8% | +10.2% | +8.1% | +10.1% |
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Frequently Asked Questions
- What is The Hartford Financial Services Group's commercial lines — earned premiums and fee income?
- The Hartford Financial Services Group (HIG) reported commercial lines — earned premiums and fee income of $3.26B in Q3 2024.
- How has The Hartford Financial Services Group's commercial lines — earned premiums and fee income changed year-over-year?
- The Hartford Financial Services Group's commercial lines — earned premiums and fee income increased by 10.1% year-over-year, from $2.96B to $3.26B.
- What is the long-term trend for The Hartford Financial Services Group's commercial lines — earned premiums and fee income?
- Over 2 years (2021 to 2023), The Hartford Financial Services Group's commercial lines — earned premiums and fee income has grown at a 10.5% compound annual growth rate (CAGR), from $9.58B to $11.68B.
- What does commercial lines — earned premiums and fee income mean?
- The revenue recognized from insurance premiums and related service fees for the commercial segment.