Discontinued — last reported Q1 '23
Products & Services · Reinsurance Recoverable, Credit Loss Expense (Reversal)
Group Benefits — Reinsurance Recoverable, Credit Loss Expense (Reversal)
This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryRisk
SignalHigher is better
VolatilityStable
First reportedQ1 2020
Last reportedQ1 2023
How to read this metric
A reversal (income) signals improved credit quality of reinsurers, while an expense signals increased counterparty risk.
Detailed definition
This represents the adjustment to the allowance for credit losses associated with amounts recoverable from reinsurers. I...
Peer comparison
Standard credit risk accounting under current financial reporting standards; comparable across all insurance firms using reinsurance.
Metric ID:
hig_segment_group_benefits_reinsurance_recoverable_credit_loss_expense_reversalHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
Range$0.00 – $0.00
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Frequently Asked Questions
- What is The Hartford Financial Services Group's group benefits — reinsurance recoverable, credit loss expense (reversal)?
- The Hartford Financial Services Group (HIG) reported group benefits — reinsurance recoverable, credit loss expense (reversal) of $0.00 in Q1 2023.
- What does group benefits — reinsurance recoverable, credit loss expense (reversal) mean?
- An accounting adjustment reflecting changes in the risk that reinsurance companies will be unable to pay their share of claims.