Business Segments · Deferred Policy Acquisition Costs
P&C Commercial Lines — Deferred Policy Acquisition Costs
The Hartford Financial Services Group P&C Commercial Lines — Deferred Policy Acquisition Costs increased by 12.8% to $976.00M in Q4 2023 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
Rolls up toDeferred acquisition costs
How to read this metric
An increase suggests strong new business production, while a decrease may indicate a slowdown in new policy acquisition.
Detailed definition
This represents the balance of capitalized costs associated with acquiring insurance policies that have not yet been rec...
Peer comparison
A key indicator of sales momentum and future expense recognition across the insurance industry.
Metric ID:
hig_segment_p_c_commercial_lines_deferred_policy_acquisition_costsHistorical Data
3 periods
| Q4 '21 | Q4 '22 | Q4 '23 | |
|---|---|---|---|
| Value | $742.00M | $865.00M | $976.00M |
| QoQ Change | — | +16.6% | +12.8% |
| YoY Change | — | +16.6% | +12.8% |
Range$742.00M – $976.00M
Avg YoY Growth+14.7%
Median YoY Growth+14.7%
Current Streak2+ quarters growth
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Frequently Asked Questions
- What is The Hartford Financial Services Group's p&c commercial lines — deferred policy acquisition costs?
- The Hartford Financial Services Group (HIG) reported p&c commercial lines — deferred policy acquisition costs of $976.00M in Q4 2023.
- What does p&c commercial lines — deferred policy acquisition costs mean?
- The unamortized portion of costs spent to acquire new insurance policies, held as an asset on the balance sheet.