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Incurred losses and LAE at other companies

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Everest GroupEG
$316M-22.4%
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Everest GroupEG
$1.45B-27.8%
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Everest GroupEG
$453M-6.0%
American Coastal Insurance Corporation logo
American Coastal Insurance CorporationACIC
-$762.75K+25.2%
American Coastal Insurance Corporation logo
American Coastal Insurance CorporationACIC
$1.31M-97.7%
American Coastal Insurance Corporation logo
American Coastal Insurance CorporationACIC
$11.51M-33.6%

Other financials

Income statement

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Revenue$532.2M+28.7%
Operating income-$101.3M-281%
Net income$2.3M-83.2%
EPS (diluted)$0.02-90.0%

Balance sheet

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Cash & equivalents$456.1M+52.5%
Total debt$2.3B+42.5%
Total equity$963.9M+55.6%
Total assets$5.9B+67.5%

Cash flow

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Operating cash flow-$6.1M+90.5%
CapEx$12.7M+41.8%
Free cash flow-$18.7M+74.3%

Valuation

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Market cap$2.79B+24.1%
Enterprise value$4.6B+33.3%
P/S1.7×+0.2×

Profitability

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Operating margin5.9%+3.2pp
Net margin-2.8%+0.9pp
FCF margin-0.4%

Returns & leverage

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Return on equity-5.7%+0.5pp
Debt / equity2.4×-0.2×
Current ratio1.1×0.0×

Where this comes from

Reported directly by The Baldwin Insurance Group, Inc. in its filing.

Tagged under the XBRL concept bwin:IncurredLossesAndLossAdjustedExpense.

The source filing: The Baldwin Insurance Group, Inc.’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 4:54 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001781755-26-000034
(in thousands)For the Three Months Ended March 31, 2026For the Three Months Ended March 31, 2025
Balance at beginning of period$13,072
Incurred losses and LAE7,1263,864
Actual claims paid(2,323)
Balance at end of period$17,875$3,864

Item 1. Financial Statements (Unaudited)

FAQ

What is The Baldwin Insurance Group, Inc.'s incurred losses and LAE?
The Baldwin Insurance Group, Inc. (BWIN) reported incurred losses and LAE of $7.13M in Q1 2026.
How has The Baldwin Insurance Group, Inc.'s incurred losses and LAE changed year-over-year?
The Baldwin Insurance Group, Inc.'s incurred losses and LAE increased by 84.4% year-over-year, from $3.86M to $7.13M.
What does incurred losses and LAE mean?
This metric measures the total estimated costs associated with insurance claims, including both paid losses and the estimated liability for unpaid claims, plus the associated loss adjustment expenses. It reflects the underwriting performance and the accuracy of the company's actuarial reserves for claims incurred during a specific period. Monitoring this helps assess the profitability and risk management effectiveness of the company's insurance underwriting operations.

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