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Ally Financial ALLY Automotive Finance operations — Insurance losses and loss adjustment expenses
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Where this comes from
Reported directly by Ally Financial in its filing.
Tagged under the XBRL concept us-gaap:PolicyholderBenefitsAndClaimsIncurredNet.
The source filing: Ally Financial’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 5:21 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000040729-26-000009
| ($ in millions) | Three months ended March 31, 2026 | 2025 |
|---|---|---|
| Provision for credit losses | 467 | 191 |
| Noninterest expense | ||
| Compensation and benefits expense | 491 | 505 |
| Insurance losses and loss adjustment expenses | 121 | 161 |
| Goodwill impairment | — | 305 |
| Other operating expenses | 623 | 663 |
| Total noninterest expense | 1,235 | 1,634 |
| Income (loss) from continuing operations before income tax expense (benefit) | 400 | (284) |
Item 1. Financial Statements
FAQ
- What is Ally Financial's automotive finance operations — insurance losses and loss adjustment expenses?
- Ally Financial (ALLY) reported automotive finance operations — insurance losses and loss adjustment expenses of $0 in Q1 2026.
- What does automotive finance operations — insurance losses and loss adjustment expenses mean?
- This represents the costs associated with claims paid out and the expenses incurred to settle insurance claims within the automotive finance segment. It measures the underwriting performance and risk management effectiveness of the insurance products offered to auto loan customers.
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