Products & Services · Prior year's discount accretion
Group Insurance Policy — Prior year's discount accretion
The Hartford Financial Services Group Group Insurance Policy — Prior year's discount accretion increased by 28.9% to $58.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.5%, from $55.00M to $58.00M. Over 4 years (FY 2021 to FY 2025), Group Insurance Policy — Prior year's discount accretion shows relatively stable performance with a -0.4% CAGR.
Analysis
StatementSegment
CategoryOther
SignalContext dependent
VolatilityStable
First reportedQ1 2018
Last reportedQ1 2026
How to read this metric
This is a mechanical accounting adjustment; consistent accretion reflects the expected time value of money on long-tail liabilities.
Detailed definition
The periodic adjustment to the carrying value of loss reserves that were previously discounted to present value. As time...
Peer comparison
Common for companies using discounted loss reserves under specific accounting frameworks.
Metric ID:
hig_segment_group_insurance_policy_prior_year_s_discount_accretionHistorical Data
20 periods
| 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 | $51.00M | $49.00M | $46.00M | $53.00M | $54.00M | $49.00M | $46.00M | $53.00M | $50.00M | $46.00M | $44.00M | $53.00M | $50.00M | $46.00M | $45.00M | $55.00M | $50.00M | $48.00M | $45.00M | $58.00M |
| QoQ Change | — | -3.9% | -6.1% | +15.2% | +1.9% | -9.3% | -6.1% | +15.2% | -5.7% | -8.0% | -4.3% | +20.5% | -5.7% | -8.0% | -2.2% | +22.2% | -9.1% | -4.0% | -6.3% | +28.9% |
| YoY Change | — | — | — | — | +5.9% | +0.0% | +0.0% | +0.0% | -7.4% | -6.1% | -4.3% | +0.0% | +0.0% | +0.0% | +2.3% | +3.8% | +0.0% | +4.3% | +0.0% | +5.5% |
Range$44.00M – $58.00M
CAGR+2.7%
Avg YoY Growth+0.2%
Median YoY Growth+0.0%
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Frequently Asked Questions
- What is The Hartford Financial Services Group's group insurance policy — prior year's discount accretion?
- The Hartford Financial Services Group (HIG) reported group insurance policy — prior year's discount accretion of $58.00M in Q1 2026.
- How has The Hartford Financial Services Group's group insurance policy — prior year's discount accretion changed year-over-year?
- The Hartford Financial Services Group's group insurance policy — prior year's discount accretion increased by 5.5% year-over-year, from $55.00M to $58.00M.
- What is the long-term trend for The Hartford Financial Services Group's group insurance policy — prior year's discount accretion?
- Over 4 years (2021 to 2025), The Hartford Financial Services Group's group insurance policy — prior year's discount accretion has grown at a -0.4% compound annual growth rate (CAGR), from $201.00M to $198.00M.
- What does group insurance policy — prior year's discount accretion mean?
- The interest-like adjustment that increases the value of long-term claim reserves as they get closer to being paid.