Discontinued — last reported Q4 '24
Property Insurance — Policyholder Benefits and Claims Incurred, Ceded
The Hartford Financial Services Group Property Insurance — Policyholder Benefits and Claims Incurred, Ceded remained flat by 0.0% to $750.00K in Q4 2024 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $750.00K to $750.00K. Over 3 years (FY 2021 to FY 2024), Property Insurance — Policyholder Benefits and Claims Incurred, Ceded shows relatively stable performance with a 0.0% CAGR.
Analysis
How to read this metric
An increase suggests higher reinsurance utilization to mitigate risk, while a decrease may indicate a higher retention of risk by the primary insurer.
Detailed definition
This metric represents the portion of policyholder benefits and claims incurred that has been transferred to reinsurers...
Peer comparison
Standard metric across the insurance industry, often reported as 'Ceded Losses' or 'Reinsurance Recoverables' in financial statements.
hig_segment_property_insurance_policyholder_benefits_and_claims_incurred_cededHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $3.00M | $3.00M | $3.00M | $3.00M |
| YoY Change | — | +0.0% | +0.0% | +0.0% |
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Frequently Asked Questions
- What is The Hartford Financial Services Group's property insurance — policyholder benefits and claims incurred, ceded?
- The Hartford Financial Services Group (HIG) reported property insurance — policyholder benefits and claims incurred, ceded of $750.00K in Q4 2024.
- How has The Hartford Financial Services Group's property insurance — policyholder benefits and claims incurred, ceded changed year-over-year?
- The Hartford Financial Services Group's property insurance — policyholder benefits and claims incurred, ceded decreased by 0.0% year-over-year, from $750.00K to $750.00K.
- What is the long-term trend for The Hartford Financial Services Group's property insurance — policyholder benefits and claims incurred, ceded?
- Over 3 years (2021 to 2024), The Hartford Financial Services Group's property insurance — policyholder benefits and claims incurred, ceded has grown at a 0.0% compound annual growth rate (CAGR), from $3.00M to $3.00M.
- What does property insurance — policyholder benefits and claims incurred, ceded mean?
- The amount of insurance claims and benefits that the company has transferred to reinsurers.