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Bowhead Specialty Holdings BOW Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims

Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims at other companies

Markel logo
MarkelMKL
$1.27B+0.5%
Axis Capital Holders logo
Axis Capital HoldersAXS
$867.28M+10.4%
W.R. Berkley logo
W.R. BerkleyWRB
United Fire Group logo
United Fire GroupUFCS
Skyward Specialty Insurance Group, Inc. logo
Skyward Specialty Insurance Group, Inc.SKWD

Other financials

Income statement

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Revenue$155.7M+26.9%
Net income$16.0M+40.1%
EPS (diluted)$0.48+41.2%

Balance sheet

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Cash & equivalents$141.5M+14.6%
Total debt$146.5M
Total equity$457.9M+17.1%
Total assets$2.5B+41.4%

Cash flow

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Operating cash flow$65.5M+37.2%
CapEx$1.3M+4.5%
Free cash flow$64.2M+38.0%

Valuation

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Market cap$954.6M-22.4%
Enterprise value$959.59M
P/E16.4×-12.5×
P/S1.6×-1.1×

Profitability

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Net margin10%+0.7pp
FCF margin58.8%-6.0pp

Returns & leverage

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Return on equity13.8%
Debt / equity0.3×

Where this comes from

Reported directly by Bowhead Specialty Holdings in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1.

The official record: Bowhead Specialty Holdings’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bowhead Specialty Holdings's liability for unpaid claims and claims adjustment expense, incurred claims?
Bowhead Specialty Holdings (BOW) reported liability for unpaid claims and claims adjustment expense, incurred claims of $91.48M in Q1 2026.
How has Bowhead Specialty Holdings's liability for unpaid claims and claims adjustment expense, incurred claims changed year-over-year?
Bowhead Specialty Holdings's liability for unpaid claims and claims adjustment expense, incurred claims increased by 24.6% year-over-year, from $73.43M to $91.48M.
What is the long-term trend for Bowhead Specialty Holdings's liability for unpaid claims and claims adjustment expense, incurred claims?
Over 3 years (2022 to 2025), Bowhead Specialty Holdings's liability for unpaid claims and claims adjustment expense, incurred claims has grown at a 43.2% compound annual growth rate (CAGR), from $111.76M to $328.02M.
What does liability for unpaid claims and claims adjustment expense, incurred claims mean?
The total estimated cost of claims that have been incurred but not yet paid, including both reported claims and those incurred but not reported. This represents the insurer's primary liability and is a critical measure of underwriting discipline and reserve adequacy. High levels relative to premiums may indicate adverse loss development or changes in claim severity.