Discontinued — last reported Q4 '23
Products & Services · Unpaid Unallocated Loss Adjustment Expenses, Net of Reinsurance
Homeowners — Unpaid Unallocated Loss Adjustment Expenses, Net of Reinsurance
The Hartford Financial Services Group Homeowners — Unpaid Unallocated Loss Adjustment Expenses, Net of Reinsurance decreased by 2.8% to $35.00M in Q4 2023 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2018
Last reportedQ4 2023
Rolls up toInsurance Liabilities and Annuity Benefits
How to read this metric
An increase suggests rising operational costs or a higher volume of claims requiring administrative oversight.
Detailed definition
This metric measures the estimated costs for administrative and overhead expenses related to settling homeowners claims...
Peer comparison
Standard ULAE (Unallocated Loss Adjustment Expense) reserves reported by P&C insurance companies.
Metric ID:
hig_segment_homeowners_unpaid_unallocated_loss_adjustment_expenses_net_of_reinsuranceHistorical Data
3 periods
| Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|
| Value | $34.00M | $36.00M | $35.00M |
| QoQ Change | — | +5.9% | -2.8% |
| YoY Change | — | +5.9% | -2.8% |
Range$34.00M – $36.00M
Avg YoY Growth+1.6%
Median YoY Growth+1.6%
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Frequently Asked Questions
- What is The Hartford Financial Services Group's homeowners — unpaid unallocated loss adjustment expenses, net of reinsurance?
- The Hartford Financial Services Group (HIG) reported homeowners — unpaid unallocated loss adjustment expenses, net of reinsurance of $35.00M in Q4 2023.
- What does homeowners — unpaid unallocated loss adjustment expenses, net of reinsurance mean?
- The estimated future overhead costs for managing and settling homeowners claims that aren't tied to a single specific claim.