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First American Financial FAF Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims

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

Axis Capital Holders logo
Axis Capital HoldersAXS
$867.28M+10.4%
Construction Partners logo
Construction PartnersROAD
$4.66M+44.4%
First American Financial logo
First American FinancialFAF
$77.8M+11.0%
Progressive logo
ProgressivePGR
$13.83B+8.0%
Fidelity National Financial logo
Fidelity National FinancialFNF
$62M+14.8%
Reinsurance Group of America logo
Reinsurance Group of AmericaRGA
$3.05B+6.3%

Segments

By segment

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Title Insurance And Services$39.5M+18.3%
Home Warranty$37.2M-1.3%
Corporate$1.1M+200%

Other financials

Income statement

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Revenue$1.8B+16.2%
Net income$125.1M+68.6%
EPS (diluted)$1.21+70.4%

Balance sheet

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Cash & equivalents$2.4B+19.1%
Total debt$1.8B-1.4%
Total equity$5.5B+9.4%
Total assets$17.9B+15.7%

Cash flow

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Operating cash flow$5.6M+111%
CapEx$38.3M-8.2%
Free cash flow-$32.7M+65.4%

Valuation

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Market cap$6.99B-8.6%
Enterprise value$6.31B-15.3%
P/E10.4×-37.9×
P/S0.9×-0.3×

Profitability

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Net margin8.7%+6.2pp
FCF margin10.7%+1.7pp

Returns & leverage

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Return on equity12.8%+9.6pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by First American Financial in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1.

The official record: First American Financial’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First American Financial's liability for unpaid claims and claims adjustment expense, incurred claims?
First American Financial (FAF) reported liability for unpaid claims and claims adjustment expense, incurred claims of $77.8M in Q1 2026.
How has First American Financial's liability for unpaid claims and claims adjustment expense, incurred claims changed year-over-year?
First American Financial's liability for unpaid claims and claims adjustment expense, incurred claims increased by 11.0% year-over-year, from $70.1M to $77.8M.
What is the long-term trend for First American Financial's liability for unpaid claims and claims adjustment expense, incurred claims?
Over 4 years (2021 to 2025), First American Financial's liability for unpaid claims and claims adjustment expense, incurred claims has grown at a -13.7% compound annual growth rate (CAGR), from $588.7M to $326.6M.
What does liability for unpaid claims and claims adjustment expense, incurred claims mean?
Represents the estimated total liability for insurance claims that have been reported but not yet settled, as well as claims incurred but not yet reported. This figure reflects the company's actuarial assessment of future obligations arising from its underwriting activities. It is a critical indicator of long-term insurance risk and reserve adequacy.