Discontinued — last reported Q4 '25
Products & Services · Prior accident year development [1]
Package Business — Prior accident year development [1]
Over 4 years (FY 2021 to FY 2025), Package Business — Prior accident year development [1] shows an upward trend with a -100.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ4 2025
How to read this metric
Negative values (favorable) indicate conservative and accurate prior reserving, while positive values (unfavorable) suggest potential underwriting or reserve deficiencies.
Detailed definition
Reflects the change in estimated ultimate losses for claims occurring in previous years compared to initial projections....
Peer comparison
Commonly reported as 'Prior Year Reserve Development' in insurance statutory and GAAP filings.
Metric ID:
hig_segment_package_business_prior_accident_year_development_1Historical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$19.00M | -$20.00M | -$25.00M | -$11.00M | -$13.00M | -$11.00M | -$4.00M | -$5.00M | -$3.00M | -$10.00M | -$6.00M | $0.00 | -$1.00M | -$5.00M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| QoQ Change | — | -5.3% | -25.0% | +56.0% | -18.2% | +15.4% | +63.6% | -25.0% | +40.0% | -233.3% | +40.0% | +100.0% | — | -400.0% | +100.0% | — | — | — | — |
| YoY Change | — | — | — | — | +31.6% | +45.0% | +84.0% | +54.5% | +76.9% | +9.1% | -50.0% | +100.0% | +66.7% | +50.0% | +100.0% | — | +100.0% | +100.0% | — |
Range-$25.00M – $0.00
CAGR-100.0%
Avg YoY Growth+59.1%
Median YoY Growth+66.7%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is The Hartford Financial Services Group's package business — prior accident year development [1]?
- The Hartford Financial Services Group (HIG) reported package business — prior accident year development [1] of $0.00 in Q4 2025.
- What is the long-term trend for The Hartford Financial Services Group's package business — prior accident year development [1]?
- Over 4 years (2021 to 2025), The Hartford Financial Services Group's package business — prior accident year development [1] has grown at a -100.0% compound annual growth rate (CAGR), from -$91.00M to $0.00.
- What does package business — prior accident year development [1] mean?
- The adjustment to previous years' loss estimates based on new claims data.