Discontinued — last reported Q4 '23
Group Benefits — Net Investment Income
The Hartford Financial Services Group Group Benefits — Net Investment Income remained flat by 0.0% to $117.25M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 10.5%, from $131.00M to $117.25M. Over 2 years (FY 2021 to FY 2023), Group Benefits — Net Investment Income shows a downward trend with a -7.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher income improves overall segment profitability, while lower income may reflect a lower interest rate environment or a more conservative investment strategy.
Detailed definition
The income generated from the investment portfolio held to support the group benefits segment's liabilities, net of inve...
Peer comparison
Standard investment income metric for insurance companies with large float.
hig_segment_group_benefits_net_investment_incomeHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $550.00M | $524.00M | $469.00M |
| YoY Change | — | -4.7% | -10.5% |
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Frequently Asked Questions
- What is The Hartford Financial Services Group's group benefits — net investment income?
- The Hartford Financial Services Group (HIG) reported group benefits — net investment income of $117.25M in Q4 2023.
- How has The Hartford Financial Services Group's group benefits — net investment income changed year-over-year?
- The Hartford Financial Services Group's group benefits — net investment income decreased by 10.5% year-over-year, from $131.00M to $117.25M.
- What is the long-term trend for The Hartford Financial Services Group's group benefits — net investment income?
- Over 2 years (2021 to 2023), The Hartford Financial Services Group's group benefits — net investment income has grown at a -7.7% compound annual growth rate (CAGR), from $550.00M to $469.00M.
- What does group benefits — net investment income mean?
- Profit earned from investing the premiums collected before they are paid out as claims.