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.
A lower ratio of these expenses to revenue indicates higher underwriting profitability and operational efficiency.
The total cost incurred by the segment to pay claims, provide benefits to policyholders, and cover operational expenses....
Similar to 'Total Benefits and Expenses' reported by life and health insurance peers.
hig_segment_employee_benefits_benefits_losses_and_expenses| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |