Discontinued — last reported Q4 '23
Products & Services · 6th Year
Homeowners — 6th Year
The Hartford Financial Services Group Homeowners — 6th Year decreased by 50.0% to 0.1% 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
High retention at this stage suggests strong brand loyalty and competitive pricing for existing customers.
Detailed definition
This metric tracks homeowners insurance policies in their sixth year of coverage. It helps analysts understand the attri...
Peer comparison
Similar to long-term retention metrics tracked by diversified insurance groups.
Metric ID:
hig_segment_homeowners_6th_yearHistorical Data
3 periods
| Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|
| Value | 0.3% | 0.2% | 0.1% |
| QoQ Change | — | -33.3% | -50.0% |
| YoY Change | — | -33.3% | -50.0% |
Range0.1% – 0.3%
Avg YoY Growth-41.7%
Median YoY Growth-41.7%
Current Streak2+ quarters decline
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Frequently Asked Questions
- What is The Hartford Financial Services Group's homeowners — 6th year?
- The Hartford Financial Services Group (HIG) reported homeowners — 6th year of 0.1% in Q4 2023.
- What does homeowners — 6th year mean?
- The volume of homeowners insurance business for policies in their sixth year.