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ASIC ASIC Business Segments — Losses and loss adjustment expenses

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Other financials

Income statement

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Revenue$129.0M+55.2%
Net income$25.5M+201%
EPS (diluted)$0.51+155%

Balance sheet

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Cash & equivalents$47.5M+22.0%
Total debt$2.0M
Total equity$631.0M+47.7%
Total assets$1.5B

Cash flow

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Operating cash flow$42.0M+101%
CapEx$899.0K+3,496%
Free cash flow$41.1M+96.5%

Valuation

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Market cap$1.03B-2.5%
Enterprise value$983.33M-5.0%
P/E11.3×-6.2×
P/S2.2×-0.6×

Profitability

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Net margin19.4%+5.7pp
FCF margin32.8%

Returns & leverage

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Return on equity17.2%+4.6pp
Debt / equity

Where this comes from

Reported directly by ASIC in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1.

The official record: ASIC’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ASIC's business segments — losses and loss adjustment expenses?
ASIC (ASIC) reported business segments — losses and loss adjustment expenses of $61.88M in Q1 2026.
How has ASIC's business segments — losses and loss adjustment expenses changed year-over-year?
ASIC's business segments — losses and loss adjustment expenses increased by 32.0% year-over-year, from $46.86M to $61.88M.
What does business segments — losses and loss adjustment expenses mean?
This represents the costs incurred from insurance claims, including both paid losses and the estimated reserves for future claim payments and investigation expenses. It is the primary measure of underwriting risk and claims management efficiency.