Benefits, Losses and Expenses
The Hartford Financial Services Group Benefits, Losses and Expenses increased by 4.1% to $6.17B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.4%, from $6.03B to $6.17B. Over 4 years (FY 2021 to FY 2025), Benefits, Losses and Expenses shows an upward trend with a 4.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase often reflects higher claim frequency or severity, which can negatively impact underwriting margins.
Detailed definition
This captures the total outflows related to policyholder benefits, claims, and other associated insurance expenses. It r...
Peer comparison
This is a fundamental metric for insurance companies; peers are compared based on their loss ratios to determine underwriting discipline.
other_benefits_losses_and_expensesHistorical Data
| 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.48B | $5.10B | $4.91B | $4.85B | $4.82B | $5.15B | $5.28B | $5.26B | $5.38B | $5.36B | $5.45B | $5.51B | $5.57B | $5.80B | $5.81B | $6.03B | $5.74B | $5.91B | $5.93B | $6.17B |
| QoQ Change | — | +13.9% | -3.8% | -1.1% | -0.7% | +6.8% | +2.6% | -0.5% | +2.3% | -0.4% | +1.8% | +1.1% | +1.2% | +4.0% | +0.1% | +3.8% | -4.7% | +3.0% | +0.2% | +4.1% |
| YoY Change | — | — | — | — | +7.6% | +0.9% | +7.6% | +8.3% | +11.6% | +4.0% | +3.2% | +4.8% | +3.7% | +8.3% | +6.5% | +9.4% | +3.0% | +2.0% | +2.1% | +2.4% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| P&C Business Insurance | $2.81B | $3.01B | $2.90B | $3.15B | $2.99B | $3.15B | $3.02B | $3.40B |
| Employee Benefits | $1.55B | $1.58B | $1.61B | $1.62B | $1.58B | $1.61B | $1.64B | $1.70B |
| P&C Personal Insurance | $920.00M | $915.00M | $786.00M | $962.00M | $884.00M | $851.00M | $760.00M | $802.00M |
| Hartford Funds | $203.00M | $208.00M | $210.00M | $209.00M | $203.00M | $214.00M | $218.00M | $223.00M |
| Property & Casualty Other Operations | $2.00M | $3.00M | $214.00M | $2.00M | $2.00M | $2.00M | $198.00M | -$34.00M |
| Total | $5.57B | $5.80B | $5.81B | $6.03B | $5.74B | $5.91B | $5.93B | $6.17B |
Reportable Segment, Aggregation before Other Operating Segment is derived from annual filings.
Benefits, Losses and Expenses at Other Companies
Frequently Asked Questions
- What is The Hartford Financial Services Group's benefits, losses and expenses?
- The Hartford Financial Services Group (HIG) reported benefits, losses and expenses of $6.17B in Q1 2026.
- How has The Hartford Financial Services Group's benefits, losses and expenses changed year-over-year?
- The Hartford Financial Services Group's benefits, losses and expenses increased by 2.4% year-over-year, from $6.03B to $6.17B.
- What is the long-term trend for The Hartford Financial Services Group's benefits, losses and expenses?
- Over 4 years (2021 to 2025), The Hartford Financial Services Group's benefits, losses and expenses has grown at a 4.9% compound annual growth rate (CAGR), from $19.49B to $23.61B.
- What does benefits, losses and expenses mean?
- The total costs associated with paying out insurance claims and managing policyholder benefits.