What is ASIC's unearned premiums?

ASIC (ASIC) reported unearned premiums of $281.96M in Q1 2026.

What does unearned premiums mean?

The portion of written premiums that corresponds to the unexpired term of insurance policies, representing a liability to provide coverage in the future. As time passes, this amount is recognized as earned premium revenue.

ASIC ASIC Unearned premiums

Unearned premiums at other companies

W.R. BerkleyWRB

$6.78B+4.4%

RLIRLI

$991.72M+1.6%

MarkelMKL

$7.23B-5.9%

Kinsale Capital GroupKNSL

$856.16M+1.2%

Skyward Specialty Insurance Group, Inc.SKWD

$1.01B+43.2%

Selective Insurance GroupSIGI

$2.75B+2.1%

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:UnearnedPremiums.

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 unearned premiums?: ASIC (ASIC) reported unearned premiums of $281.96M in Q1 2026.
What does unearned premiums mean?: The portion of written premiums that corresponds to the unexpired term of insurance policies, representing a liability to provide coverage in the future. As time passes, this amount is recognized as earned premium revenue.