Discontinued — last reported Q4 '24
Professional liability — Policyholder Benefits and Claims Incurred, Ceded
The Hartford Financial Services Group Professional liability — Policyholder Benefits and Claims Incurred, Ceded remained flat by 0.0% to $23.75M in Q4 2024 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $23.75M to $23.75M. Over 3 years (FY 2021 to FY 2024), Professional liability — Policyholder Benefits and Claims Incurred, Ceded shows a downward trend with a -4.8% CAGR.
Analysis
How to read this metric
An increase suggests higher reliance on reinsurance to manage risk exposure, while a decrease may indicate that the company is retaining more risk on its own balance sheet.
Detailed definition
This metric represents the total value of claims and policyholder benefits related to professional liability insurance t...
Peer comparison
Peers in the property and casualty sector report similar figures under reinsurance ceded metrics, though the specific mix of professional liability exposure varies by company underwriting appetite.
hig_segment_professional_liability_policyholder_benefits_and_claims_incurred_cededHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $110.00M | $95.00M | $95.00M | $95.00M |
| YoY Change | — | -13.6% | +0.0% | +0.0% |
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Frequently Asked Questions
- What is The Hartford Financial Services Group's professional liability — policyholder benefits and claims incurred, ceded?
- The Hartford Financial Services Group (HIG) reported professional liability — policyholder benefits and claims incurred, ceded of $23.75M in Q4 2024.
- How has The Hartford Financial Services Group's professional liability — policyholder benefits and claims incurred, ceded changed year-over-year?
- The Hartford Financial Services Group's professional liability — policyholder benefits and claims incurred, ceded decreased by 0.0% year-over-year, from $23.75M to $23.75M.
- What is the long-term trend for The Hartford Financial Services Group's professional liability — policyholder benefits and claims incurred, ceded?
- Over 3 years (2021 to 2024), The Hartford Financial Services Group's professional liability — policyholder benefits and claims incurred, ceded has grown at a -4.8% compound annual growth rate (CAGR), from $110.00M to $95.00M.
- What does professional liability — policyholder benefits and claims incurred, ceded mean?
- The amount of professional liability claims and benefits that the insurance company has shifted to reinsurance partners.