What is Freedom Holding's accident insurance — 9?

Freedom Holding (FRHC) reported accident insurance — 9 of 0% in Q1 2026.

What does accident insurance — 9 mean?

Represents the net incurred claims for accident insurance contracts at the nine-year development milestone. This metric is used to finalize the assessment of long-term underwriting performance and the ultimate adequacy of reserves for the insurance business. It helps investors understand the long-term profitability profile of the company's insurance offerings.

Freedom Holding FRHC Accident Insurance — 9

Similar metrics at other companies

AXSInsurance — Year 9

6.5%—

EGCasualty Insurance — Year nine

9.5%—

HIGProperty Insurance — 9th Year

-0.1%0.0pp

EGProperty Insurance — Year nine

0.4%-1.6pp

AFGProperty and casualty insurance — Year 9

1.9%-2.2pp

AIGU.S. Personal Insurance — Year 9 (as a percent)

0.2%+0.1pp

Other financials

Income statement

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Revenue$503.1M+68.6%

Gross profit$477.9M+67.1%

Net income$8.0M—

EPS (diluted)$0.13—

Balance sheet

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Cash & equivalents$966.1M-41.3%

Total debt$48.8M+20.5%

Total equity$1.5B+21.6%

Total assets$13.2B+32.7%

Cash flow

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Operating cash flow$717.8M—

CapEx$23.0M-15.8%

Free cash flow-$1.6B-220%

Valuation

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Market cap$8.81B+10.6%

Enterprise value$7.89B+24.0%

P/E57.4×—

P/S4×0.0×

Profitability

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Gross margin96.4%-2.1pp

Operating margin-28%—

Net margin7%—

FCF margin-0.6%—

Returns & leverage

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Return on equity11.3%—

Debt / equity0×0.0×

Current ratio1×—

Where this comes from

Reported directly by Freedom Holding in its filing.

Tagged under the XBRL concept us-gaap:ShortdurationInsuranceContractsHistoricalClaimsDurationYearNine.

The official record: Freedom Holding’s 10-K, filed June 1, 2026, on SEC EDGAR. View the filing →

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What is Freedom Holding's accident insurance — 9?: Freedom Holding (FRHC) reported accident insurance — 9 of 0% in Q1 2026.
What does accident insurance — 9 mean?: Represents the net incurred claims for accident insurance contracts at the nine-year development milestone. This metric is used to finalize the assessment of long-term underwriting performance and the ultimate adequacy of reserves for the insurance business. It helps investors understand the long-term profitability profile of the company's insurance offerings.