Discontinued — last reported Q4 '23
Products & Services · 5th Year
Homeowners — 5th Year
The Hartford Financial Services Group Homeowners — 5th Year remained flat by 0.0% to 0.7% in Q4 2023 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2018
Last reportedQ4 2023
How to read this metric
Stable or increasing numbers indicate a mature, profitable book of business with low churn rates.
Detailed definition
This metric represents the volume of homeowners insurance policies in their fifth year of coverage. It serves as a bench...
Peer comparison
Comparable to mid-tenure cohort analysis used by large insurance underwriters.
Metric ID:
hig_segment_homeowners_5th_yearHistorical Data
3 periods
| Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|
| Value | 0.6% | 0.7% | 0.7% |
| QoQ Change | — | +16.7% | +0.0% |
| YoY Change | — | +16.7% | +0.0% |
Range0.6% – 0.7%
Avg YoY Growth+8.3%
Median YoY Growth+8.3%
Current Streak2+ quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is The Hartford Financial Services Group's homeowners — 5th year?
- The Hartford Financial Services Group (HIG) reported homeowners — 5th year of 0.7% in Q4 2023.
- What does homeowners — 5th year mean?
- The volume of homeowners insurance business for policies in their fifth year.