The Hartford Financial Services Group P&C Business Insurance — Benefits, Losses and Expenses increased by 12.7% to $3.40B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.0%, from $3.15B to $3.40B. Over 3 years (FY 2022 to FY 2025), P&C Business Insurance — Benefits, Losses and Expenses shows an upward trend with a 8.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase relative to premiums suggests deteriorating underwriting performance or rising operational costs, while a decrease indicates improved efficiency or lower claim frequency.
The aggregate of all costs incurred by the insurance segment, including claims payments, loss adjustment expenses, and o...
Standard industry metric comparable to 'Total Underwriting Expenses' or 'Combined Ratio components' at peer P&C insurers.
hig_segment_p_c_business_insurance_benefits_losses_and_expenses| 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 | $2.39B | $2.39B | $2.39B | $2.39B | $2.62B | $2.62B | $2.62B | $2.62B | $2.76B | $2.81B | $3.01B | $2.90B | $3.15B | $2.99B | $3.15B | $3.02B | $3.40B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +9.3% | +0.0% | +0.0% | +0.0% | +5.4% | +2.0% | +6.9% | -3.7% | +8.7% | -5.0% | +5.4% | -4.4% | +12.7% |
| YoY Change | — | — | — | — | +9.3% | +9.3% | +9.3% | +9.3% | +5.4% | +7.5% | +14.9% | +10.7% | +14.1% | +6.3% | +4.9% | +4.1% | +8.0% |