Products & Services · Premiums Earned, Net
Group Insurance Policy — Premiums Earned, Net
The Hartford Financial Services Group Group Insurance Policy — Premiums Earned, Net 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 Insurance Policy — Premiums Earned, Net 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
Higher values indicate sustained revenue generation and effective risk retention strategies.
Detailed definition
The portion of premiums that the insurer has recognized as revenue after accounting for reinsurance and the passage of t...
Peer comparison
Standard industry metric known as Net Earned Premiums (NEP).
Metric ID:
hig_segment_group_insurance_policy_premiums_earned_netHistorical Data
3 years
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $5.69B | $6.06B | $6.52B |
| YoY Change | — | +6.5% | +7.6% |
Range$5.69B – $6.52B
CAGR+7.0%
Avg YoY Growth+7.0%
Median YoY Growth+7.0%
Current Streak2+ years growth
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Frequently Asked Questions
- What is The Hartford Financial Services Group's group insurance policy — premiums earned, net?
- The Hartford Financial Services Group (HIG) reported group insurance policy — premiums earned, net of $1.63B in Q4 2023.
- How has The Hartford Financial Services Group's group insurance policy — premiums earned, net changed year-over-year?
- The Hartford Financial Services Group's group insurance policy — premiums earned, net 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 insurance policy — premiums earned, net?
- Over 2 years (2021 to 2023), The Hartford Financial Services Group's group insurance policy — premiums earned, net has grown at a 7.0% compound annual growth rate (CAGR), from $5.69B to $6.52B.
- What does group insurance policy — premiums earned, net mean?
- The amount of premium revenue recognized after reinsurance and time-based adjustments.