Group Insurance Policy — Prior accident year development [1]
The Hartford Financial Services Group Group Insurance Policy — Prior accident year development [1] decreased by 151.4% to -$176.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.7%, from -$197.00M to -$176.00M. Over 4 years (FY 2021 to FY 2025), Group Insurance Policy — Prior accident year development [1] shows a downward trend with a 5.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Negative values (favorable development) suggest strong reserving practices and potential for earnings releases.
Detailed definition
The change in estimated ultimate losses for claims that occurred in previous years, resulting from new information or ch...
Peer comparison
Standard industry metric for reserve development analysis.
hig_segment_group_insurance_policy_prior_accident_year_development_1Historical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$131.00M | -$100.00M | -$76.00M | -$119.00M | -$123.00M | -$81.00M | -$58.00M | -$133.00M | -$132.00M | -$138.00M | -$99.00M | -$189.00M | -$150.00M | -$121.00M | -$101.00M | -$197.00M | -$180.00M | -$109.00M | -$70.00M | -$176.00M |
| QoQ Change | — | +23.7% | +24.0% | -56.6% | -3.4% | +34.1% | +28.4% | -129.3% | +0.8% | -4.5% | +28.3% | -90.9% | +20.6% | +19.3% | +16.5% | -95.0% | +8.6% | +39.4% | +35.8% | -151.4% |
| YoY Change | — | — | — | — | +6.1% | +19.0% | +23.7% | -11.8% | -7.3% | -70.4% | -70.7% | -42.1% | -13.6% | +12.3% | -2.0% | -4.2% | -20.0% | +9.9% | +30.7% | +10.7% |
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Frequently Asked Questions
- What is The Hartford Financial Services Group's group insurance policy — prior accident year development [1]?
- The Hartford Financial Services Group (HIG) reported group insurance policy — prior accident year development [1] of -$176.00M in Q1 2026.
- How has The Hartford Financial Services Group's group insurance policy — prior accident year development [1] changed year-over-year?
- The Hartford Financial Services Group's group insurance policy — prior accident year development [1] increased by 10.7% year-over-year, from -$197.00M to -$176.00M.
- What is the long-term trend for The Hartford Financial Services Group's group insurance policy — prior accident year development [1]?
- Over 4 years (2021 to 2025), The Hartford Financial Services Group's group insurance policy — prior accident year development [1] has grown at a 5.0% compound annual growth rate (CAGR), from -$458.00M to -$556.00M.
- What does group insurance policy — prior accident year development [1] mean?
- The adjustment to the cost of claims from past years based on new information.