Discontinued — last reported Q4 '23
Group Benefits — Earned Premiums, Fee Income and Other
The Hartford Financial Services Group Group Benefits — Earned Premiums, Fee Income and Other remained flat by 0.0% to $1.63B in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 7.6%, from $1.51B to $1.63B. Over 2 years (FY 2021 to FY 2023), Group Benefits — Earned Premiums, Fee Income and Other shows an upward trend with a 7.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Growth indicates successful market penetration and retention, while a decline suggests competitive pressure or loss of client accounts.
Detailed definition
The total revenue recognized by the group benefits segment from insurance premiums earned during the period, along with...
Peer comparison
Standard top-line revenue metric for insurance business segments.
hig_segment_group_benefits_earned_premiums_fee_income_and_otherHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $5.69B | $6.06B | $6.52B |
| YoY Change | — | +6.5% | +7.6% |
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Frequently Asked Questions
- What is The Hartford Financial Services Group's group benefits — earned premiums, fee income and other?
- The Hartford Financial Services Group (HIG) reported group benefits — earned premiums, fee income and other of $1.63B in Q4 2023.
- How has The Hartford Financial Services Group's group benefits — earned premiums, fee income and other changed year-over-year?
- The Hartford Financial Services Group's group benefits — earned premiums, fee income and other increased by 7.6% year-over-year, from $1.51B to $1.63B.
- What is the long-term trend for The Hartford Financial Services Group's group benefits — earned premiums, fee income and other?
- Over 2 years (2021 to 2023), The Hartford Financial Services Group's group benefits — earned premiums, fee income and other has grown at a 7.0% compound annual growth rate (CAGR), from $5.69B to $6.52B.
- What does group benefits — earned premiums, fee income and other mean?
- Total revenue generated from group insurance premiums and related service fees.