Business Segments · Benefits, Losses and Expenses

P&C Business Insurance — Benefits, Losses and Expenses

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.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate

How to read this metric

An increase relative to premiums suggests deteriorating underwriting performance or rising operational costs, while a decrease indicates improved efficiency or lower claim frequency.

Detailed definition

The aggregate of all costs incurred by the insurance segment, including claims payments, loss adjustment expenses, and o...

Peer comparison

Standard industry metric comparable to 'Total Underwriting Expenses' or 'Combined Ratio components' at peer P&C insurers.

Metric ID: hig_segment_p_c_business_insurance_benefits_losses_and_expenses

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$2.39B$3.40B
CAGR+9.2%
Avg YoY Growth+8.7%
Median YoY Growth+9.3%

Frequently Asked Questions

What is The Hartford Financial Services Group's p&c business insurance — benefits, losses and expenses?
The Hartford Financial Services Group (HIG) reported p&c business insurance — benefits, losses and expenses of $3.40B in Q1 2026.
How has The Hartford Financial Services Group's p&c business insurance — benefits, losses and expenses changed year-over-year?
The Hartford Financial Services Group's p&c business insurance — benefits, losses and expenses increased by 8.0% year-over-year, from $3.15B to $3.40B.
What is the long-term trend for The Hartford Financial Services Group's p&c business insurance — benefits, losses and expenses?
Over 3 years (2022 to 2025), The Hartford Financial Services Group's p&c business insurance — benefits, losses and expenses has grown at a 8.7% compound annual growth rate (CAGR), from $9.58B to $12.31B.
What does p&c business insurance — benefits, losses and expenses mean?
The total cost of claims, losses, and operating expenses for the insurance segment.