Discontinued — last reported Q4 '21

Products & Services · Benefits, Losses and Loss Adjustment Expenses

Group Insurance Policy — Benefits, Losses and Loss Adjustment Expenses

The Hartford Financial Services Group Group Insurance Policy — Benefits, Losses and Loss Adjustment Expenses remained flat by 0.0% to $1.15B in Q4 2021 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2018
Last reportedQ4 2021

How to read this metric

An increase relative to premiums suggests deteriorating underwriting performance or higher-than-expected claim severity.

Detailed definition

This metric aggregates the costs associated with claims incurred, including both paid losses and the estimated liability...

Peer comparison

Commonly referred to as Incurred Losses or Claims Incurred at peer insurance companies.

Metric ID: hig_segment_group_insurance_policy_benefits_losses_and_loss_adjustment_expenses

Historical Data

1 years
 FY'21
Value$4.61B

Frequently Asked Questions

What is The Hartford Financial Services Group's group insurance policy — benefits, losses and loss adjustment expenses?
The Hartford Financial Services Group (HIG) reported group insurance policy — benefits, losses and loss adjustment expenses of $1.15B in Q4 2021.
What does group insurance policy — benefits, losses and loss adjustment expenses mean?
The total cost of claims and related administrative expenses paid out to group insurance policyholders.