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Citizens CIA Domestic Insurance Segment — Derecognition and other

Other segment segments

International Insurance Segment
$243K

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BHOther — Insurance losses
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LNCTraditional Life — Liability for Future Policy Benefit, Expected Net Premium, Derecognition
-$11M-120%
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FGReportable Segment — Benefits and other changes in policy reserves
$484M-7.6%
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AMPDisability Income Insurance — Liability for Future Policy Benefit, Expected Net Premium, Derecognition
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WRBInsurance — Other segment amount
$11.53M+4.0%
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MCYOther — Losses
$4M+8.1%

Other financials

Income statement

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Revenue$59.7M+7.3%
Net income$2.3M+240%
EPS (diluted)$0.04+233%

Balance sheet

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Cash & equivalents$18.5M+0.9%
Total debt$7.4M-5.5%
Total equity$238.7M+9.4%
Total assets$1.7B+2.2%

Cash flow

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Operating cash flow-$323.0K-143%
CapEx$326.0K+205%
Free cash flow-$649.0K-201%

Valuation

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Market cap$300.79M+65.2%
P/E16.3×-4.5×
P/S1.2×+0.4×

Profitability

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Net margin7.1%+3.5pp
FCF margin6.3%-4.1pp

Returns & leverage

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Return on equity8.1%+3.9pp
Debt / equity0.0×

Where this comes from

Reported directly by Citizens in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitDerecognition.

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

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Questions, answered.

What is Citizens's domestic insurance segment — derecognition and other?
Citizens (CIA) reported domestic insurance segment — derecognition and other of -$1.46M in Q1 2026.
How has Citizens's domestic insurance segment — derecognition and other changed year-over-year?
Citizens's domestic insurance segment — derecognition and other increased by 35.8% year-over-year, from -$2.28M to -$1.46M.
What does domestic insurance segment — derecognition and other mean?
Represents the net impact of policy derecognitions, terminations, and other miscellaneous adjustments to the liability for future policy benefits within the domestic insurance segment. This metric reflects changes in the reserve balance due to policy lapses, surrenders, or accounting reclassifications that do not stem from standard benefit payments. Monitoring this helps investors understand the volatility and retention dynamics of the insurance portfolio.