Discontinued — last reported Q4 '23
P&C Commercial Lines — Net Written Premiums
The Hartford Financial Services Group P&C Commercial Lines — Net Written Premiums remained flat by 0.0% to $3.07B in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 10.0%, from $2.79B to $3.07B. Over 2 years (FY 2021 to FY 2023), P&C Commercial Lines — Net Written Premiums shows an upward trend with a 10.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Growth in written premiums signals successful business expansion and market penetration, while a decline may indicate a strategic pullback or increased competition.
Detailed definition
The total premiums on policies issued during the period, net of reinsurance ceded. This metric represents the volume of...
Peer comparison
Standard 'Net Written Premiums' (NWP) metric used across the global insurance industry.
hig_segment_p_c_commercial_lines_net_written_premiumsHistorical Data
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $10.04B | $11.16B | $12.28B |
| YoY Change | — | +11.1% | +10.0% |
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Frequently Asked Questions
- What is The Hartford Financial Services Group's p&c commercial lines — net written premiums?
- The Hartford Financial Services Group (HIG) reported p&c commercial lines — net written premiums of $3.07B in Q4 2023.
- How has The Hartford Financial Services Group's p&c commercial lines — net written premiums changed year-over-year?
- The Hartford Financial Services Group's p&c commercial lines — net written premiums increased by 10.0% year-over-year, from $2.79B to $3.07B.
- What is the long-term trend for The Hartford Financial Services Group's p&c commercial lines — net written premiums?
- Over 2 years (2021 to 2023), The Hartford Financial Services Group's p&c commercial lines — net written premiums has grown at a 10.6% compound annual growth rate (CAGR), from $10.04B to $12.28B.
- What does p&c commercial lines — net written premiums mean?
- The total value of insurance policies sold during the period, minus the cost of reinsurance.