The Hartford Financial Services Group HIG Professional Liability Insurance — Prior accident year development [1]

Other product segments

Similar metrics at other companies

MKLProfessional liability — Incurred losses and loss adjustment expenses, prior accident years

$2.25M+122%

CNAOther Professional Liability and Management Liability — Total net development for accident years prior to 2016

-$4.5M-280%

CINFPersonal Insurance — Prior accident years

-$7M+63.2%

CNAOther Professional Liabilityand Management Liability — Net Prior Year Claimand Allocated Claim Adjustment Expense Reserve Development

$38.25M+233%

CNAMedical Professional Liability — Total net development for accident years prior to 2016

$250K-88.9%

SPNTInsurance & Services — Prior year loss reserve development

-$15.1M-504%

Questions, answered.

What is The Hartford Financial Services Group's professional liability insurance — prior accident year development [1]?

The Hartford Financial Services Group (HIG) reported professional liability insurance — prior accident year development [1] of -$4M in Q1 2026.

What is the long-term trend for The Hartford Financial Services Group's professional liability insurance — prior accident year development [1]?

Over 2 years (2022 to 2025), The Hartford Financial Services Group's professional liability insurance — prior accident year development [1] has grown at a 24.3% compound annual growth rate (CAGR), from -$11M to -$17M.

What does professional liability insurance — prior accident year development [1] mean?

This metric measures the change in estimated ultimate losses for professional liability insurance claims that occurred in previous accident years. It reflects the accuracy of initial loss reserves as claims are settled or as new information emerges over time. Favorable development indicates that initial reserves were redundant, while unfavorable development suggests that reserves were insufficient.