Skip to content
Screener

Hagerty HGTY Reinsurance retention policy, number of coverage layers

Reinsurance retention policy, number of coverage layers at other companies

Brighthouse Financial logo
Brighthouse FinancialBHF
25%0.0pp
MetLife logo
MetLifeMET
14.8%0.0pp
American Coastal Insurance Corporation logo
American Coastal Insurance CorporationACIC
20%
Mayville Engineering logo
Mayville EngineeringMEC
$6.04M+65.9%
Mayville Engineering logo
Mayville EngineeringMEC
$6.04M+65.9%
Radian Group logo
Radian GroupRDN
$0.24

Other financials

Income statement

See full
Revenue$354.8M-6.5%
Operating income$34.3M+240%
Net income$8.0M-83.0%
EPS (diluted)-$0.02-122%

Balance sheet

See full
Cash & equivalents$467.6M+41.5%
Total debt$258.3M+28.5%
Total equity$215.5M+25.1%
Total assets$2.1B+5.3%

Cash flow

See full
Operating cash flow$169.9M+215%
CapEx$8.2M+33.8%
Free cash flow$161.7M+239%

Valuation

See full
Market cap$1.34B+35.2%
Enterprise value$1.13B+31.2%
P/E19.1×+9.4×
P/S0.9×+0.2×

Profitability

See full
Operating margin8%
Net margin4.9%-2.6pp
FCF margin19.4%

Returns & leverage

See full
Return on equity36.1%-40.3pp
Debt / equity1.2×0.0×
Current ratio0.0×

Where this comes from

Reported directly by Hagerty in its filing.

Tagged under the XBRL concept hgty:ReinsuranceRetentionPolicyNumberOfCoverageLayers.

The source filing: Hagerty’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 1:40 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001840776-26-000031

Hagerty Re renegotiated its catastrophe reinsurance coverage effective January 1, 2026, with terms similar to 2025. The 2026 catastrophe reinsurance program affords coverage for policies with total insured values ("TIV") of up to $5.0 million in excess of a per event retention of $35.0 million in two layers; $35.0 million excess of $35.0 million, and $63.0 million excess of $70.0 million.

Item 1. Financial Statements (Unaudited)

FAQ

What is Hagerty's reinsurance retention policy, number of coverage layers?
Hagerty (HGTY) reported reinsurance retention policy, number of coverage layers of $2 in Q2 2026.
How has Hagerty's reinsurance retention policy, number of coverage layers changed year-over-year?
Hagerty's reinsurance retention policy, number of coverage layers decreased by 0.0% year-over-year, from $2 to $2.
What does reinsurance retention policy, number of coverage layers mean?
Reinsurance retention policy, number of coverage layers as reported by Hagerty, Inc..

Ask your AI about Hagerty's reinsurance retention policy, number of coverage layers.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude