The Hartford Financial Services Group HIG Property Insurance — Prior accident year development [1]
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Where this comes from
Reported directly by The Hartford Financial Services Group in its filing.
Tagged under the XBRL concept us-gaap:SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense.
The official record: The Hartford Financial Services Group’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is The Hartford Financial Services Group's property insurance — prior accident year development [1]?
- The Hartford Financial Services Group (HIG) reported property insurance — prior accident year development [1] of -$19M in Q1 2026.
- How has The Hartford Financial Services Group's property insurance — prior accident year development [1] changed year-over-year?
- The Hartford Financial Services Group's property insurance — prior accident year development [1] increased by 9.5% year-over-year, from -$21M to -$19M.
- What is the long-term trend for The Hartford Financial Services Group's property insurance — prior accident year development [1]?
- Over 3 years (2021 to 2025), The Hartford Financial Services Group's property insurance — prior accident year development [1] has grown at a 54.6% compound annual growth rate (CAGR), from -$23M to -$85M.
- What does property insurance — prior accident year development [1] mean?
- This metric reflects the change in estimated ultimate losses for claims that occurred in previous years, based on new information or revised actuarial assumptions. It is a critical measure of the accuracy of prior-period loss reserves and the overall underwriting discipline.