The Hartford Financial Services Group Insurance and reinsurance balances receivable, valuation allowance increased by 7.7% to $153.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21.4%, from $126.00M to $153.00M. Over 5 years (FY 2020 to FY 2025), Insurance and reinsurance balances receivable, valuation allowance shows relatively stable performance with a -1.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase suggests deteriorating credit quality among policyholders, while a decrease suggests improved collection efficiency.
This is a contra-asset account representing the estimated portion of insurance premiums receivable that the company expe...
Standard accounting practice for insurers to estimate credit losses on receivables.
other_premiums_receivable_allowance_for_doubtful_accounts| 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 | $134.00M | $124.00M | $105.00M | $106.00M | $107.00M | $108.00M | $109.00M | $111.00M | $119.00M | $117.00M | $109.00M | $111.00M | $116.00M | $117.00M | $117.00M | $126.00M | $135.00M | $138.00M | $142.00M | $153.00M |
| QoQ Change | — | -7.5% | -15.3% | +1.0% | +0.9% | +0.9% | +0.9% | +1.8% | +7.2% | -1.7% | -6.8% | +1.8% | +4.5% | +0.9% | +0.0% | +7.7% | +7.1% | +2.2% | +2.9% | +7.7% |
| YoY Change | — | — | — | — | -20.1% | -12.9% | +3.8% | +4.7% | +11.2% | +8.3% | +0.0% | +0.0% | -2.5% | +0.0% | +7.3% | +13.5% | +16.4% | +17.9% | +21.4% | +21.4% |