Business Segments · Benefits, Losses and Expenses

Employee Benefits — Benefits, Losses and Expenses

The Hartford Financial Services Group Employee Benefits — Benefits, Losses and Expenses increased by 3.7% to $1.70B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.4%, from $1.62B to $1.70B. Over 3 years (FY 2022 to FY 2025), Employee Benefits — Benefits, Losses and Expenses shows relatively stable performance with a 2.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate

How to read this metric

A lower ratio of these expenses to revenue indicates higher underwriting profitability and operational efficiency.

Detailed definition

The total cost incurred by the segment to pay claims, provide benefits to policyholders, and cover operational expenses....

Peer comparison

Similar to 'Total Benefits and Expenses' reported by life and health insurance peers.

Metric ID: hig_segment_employee_benefits_benefits_losses_and_expenses

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.51B$1.51B$1.51B$1.51B$1.57B$1.57B$1.57B$1.57B$1.62B$1.55B$1.58B$1.61B$1.62B$1.58B$1.61B$1.64B$1.70B
QoQ Change+0.0%+0.0%+0.0%+3.5%+0.0%+0.0%+0.0%+3.3%-4.1%+1.7%+2.0%+0.7%-2.9%+1.9%+1.8%+3.7%
YoY Change+3.5%+3.5%+3.5%+3.5%+3.3%-0.9%+0.8%+2.8%+0.2%+1.5%+1.6%+1.5%+4.4%
Range$1.51B$1.70B
CAGR+2.9%
Avg YoY Growth+2.3%
Median YoY Growth+2.8%
Current Streak3 quarters growth

Frequently Asked Questions

What is The Hartford Financial Services Group's employee benefits — benefits, losses and expenses?
The Hartford Financial Services Group (HIG) reported employee benefits — benefits, losses and expenses of $1.70B in Q1 2026.
How has The Hartford Financial Services Group's employee benefits — benefits, losses and expenses changed year-over-year?
The Hartford Financial Services Group's employee benefits — benefits, losses and expenses increased by 4.4% year-over-year, from $1.62B to $1.70B.
What is the long-term trend for The Hartford Financial Services Group's employee benefits — benefits, losses and expenses?
Over 3 years (2022 to 2025), The Hartford Financial Services Group's employee benefits — benefits, losses and expenses has grown at a 2.1% compound annual growth rate (CAGR), from $6.06B to $6.44B.
What does employee benefits — benefits, losses and expenses mean?
The total cost of paying claims and running the insurance operations for the segment.