What is ASIC's reinsurance recoverables?

ASIC (ASIC) reported reinsurance recoverables of $157.78M in Q1 2026.

What does reinsurance recoverables mean?

The total amount expected to be collected from reinsurers for claims that have already been paid or for reserves established for unpaid claims. This metric measures the company's reliance on reinsurance partners to mitigate underwriting risk.

ASIC ASIC Reinsurance recoverables

Reinsurance recoverables at other companies

W.R. BerkleyWRB

$3.55B-0.9%

MarkelMKL

$15.2B+20.4%

Kinsale Capital GroupKNSL

$413.24M+10.5%

Skyward Specialty Insurance Group, Inc.SKWD

$1.34B+48.1%

Selective Insurance GroupSIGI

$907.68M-1.9%

American Financial GroupAFG

$5.3B+7.2%

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$1.06B-2.5%

Enterprise value$1.01B-5.0%

P/E11.6×-6.3×

P/S2.3×-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 / equity0×—

Where this comes from

Reported directly by ASIC in its filing.

Tagged under the XBRL concept us-gaap:ReinsuranceRecoverablesOnPaidAndUnpaidLosses.

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 reinsurance recoverables?: ASIC (ASIC) reported reinsurance recoverables of $157.78M in Q1 2026.
What does reinsurance recoverables mean?: The total amount expected to be collected from reinsurers for claims that have already been paid or for reserves established for unpaid claims. This metric measures the company's reliance on reinsurance partners to mitigate underwriting risk.