What is Freedom Holding's civil liability — 3?

Freedom Holding (FRHC) reported civil liability — 3 of 11% in Q1 2026.

What does civil liability — 3 mean?

This metric calculates the loss ratio for the civil liability segment, defined as net incurred losses and LAE divided by net earned premiums. It is the fundamental measure of underwriting profitability for this product line. A lower ratio indicates that the company is effectively pricing its risks and managing its claims.

Freedom Holding (FRHC) Civil Liability — 3

Screener

Other product segments

Property Damage

30%-8.0%

Motor Vehicle

4%-20.0%

Accident Insurance

2.2%-86.7%

Compulsory employer liability insurance

2%-66.7%

Vehicle Owners

2%-4.8%

Similar metrics at other companies

WTMSpecialty — 3

13.2%+2.3pp

HIPOCasualty Lines — 3

15%—

HIPOProperty Lines — 3

4%—

HGBermuda - Casualty — 3

12%+1.0pp

HGBermuda - Property — 3

13%0.0pp

HGBermuda - Specialty — 3

14%0.0pp

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$9.52B-18.2%

Enterprise value$8.6B-14.1%

P/E62.1×—

P/S4.3×-1.2×

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:ShortdurationInsuranceContractsHistoricalClaimsDurationYearThree.

The source filing: Freedom Holding’s 10-K, filed June 1, 2026.

Filed: Jun 1, 2026, 4:21 PM EDT
Fiscal year: FY2026
Accession: 0000924805-26-000012


Years	1	2	3	4	5	6	7	8	9
Average annual percentage payout	34%	36%	11%	4%	9%	6%	—%	—%	—%

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Freedom Holding's civil liability — 3?: Freedom Holding (FRHC) reported civil liability — 3 of 11% in Q1 2026.
What does civil liability — 3 mean?: This metric calculates the loss ratio for the civil liability segment, defined as net incurred losses and LAE divided by net earned premiums. It is the fundamental measure of underwriting profitability for this product line. A lower ratio indicates that the company is effectively pricing its risks and managing its claims.