Products & Services · Prior accident year development [1]
General Liability — Prior accident year development [1]
Over 4 years (FY 2021 to FY 2025), General Liability — Prior accident year development [1] shows a downward trend with a -100.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ1 2026
How to read this metric
Positive development indicates reserves were redundant, while negative development indicates reserves were deficient.
Detailed definition
This metric represents the change in estimated ultimate losses for claims occurring in previous accident years. It refle...
Peer comparison
Commonly reported by P&C insurers as reserve development or prior year reserve strengthening/release.
Metric ID:
hig_segment_general_liability_prior_accident_year_development_1Historical Data
20 periods
| 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 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $144.00M | $3.00M | $12.00M | $21.00M | $0.00 | $23.00M | $12.00M | $16.00M | $11.00M | $2.00M | $17.00M | $32.00M | $32.00M | $130.00M | $0.00 | $0.00 | $0.00 | $0.00 | $70.00M |
| QoQ Change | — | — | -97.9% | +300.0% | +75.0% | -100.0% | — | -47.8% | +33.3% | -31.3% | -81.8% | +750.0% | +88.2% | +0.0% | +306.3% | -100.0% | — | — | — | — |
| YoY Change | — | — | — | — | — | -100.0% | +666.7% | +0.0% | -23.8% | — | -91.3% | +41.7% | +100.0% | +190.9% | >999% | -100.0% | -100.0% | -100.0% | -100.0% | — |
Range$0.00 – $144.00M
Avg YoY Growth+521.9%
Median YoY Growth-23.8%
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Frequently Asked Questions
- What is The Hartford Financial Services Group's general liability — prior accident year development [1]?
- The Hartford Financial Services Group (HIG) reported general liability — prior accident year development [1] of $70.00M in Q1 2026.
- What is the long-term trend for The Hartford Financial Services Group's general liability — prior accident year development [1]?
- Over 4 years (2021 to 2025), The Hartford Financial Services Group's general liability — prior accident year development [1] has grown at a -100.0% compound annual growth rate (CAGR), from $454.00M to $0.00.
- What does general liability — prior accident year development [1] mean?
- The adjustment made to previous years' loss estimates based on new claims data.