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Hagerty HGTY Insurance — Losses and loss adjustment expenses, net
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Where this comes from
Reported directly by Hagerty in its filing.
Tagged under the XBRL concept us-gaap:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1.
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
| REVENUES: | Insurance / (in thousands) | Marketplace / (in thousands) | Total / (in thousands) |
|---|---|---|---|
| Net investment gains | 7,179 | — | 7,179 |
| Total revenue | 314,892 | 39,930 | 354,822 |
| EXPENSES: | |||
| Losses and loss adjustment expenses, net | 110,709 | — | 110,709 |
| Policy acquisition costs, net | 83,641 | — | 83,641 |
| Underwriting and other insurance expenses | 62,947 | — | 62,947 |
| Selling, general, and administrative expenses | 55,931 | 38,984 | 94,915 |
| Interest expense and other, net | (1,103) | (106) | (1,209) |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Hagerty's insurance — losses and loss adjustment expenses, net?
- Hagerty (HGTY) reported insurance — losses and loss adjustment expenses, net of $110.71M in Q2 2026.
- How has Hagerty's insurance — losses and loss adjustment expenses, net changed year-over-year?
- Hagerty's insurance — losses and loss adjustment expenses, net increased by 47.2% year-over-year, from $75.21M to $110.71M.
- What does insurance — losses and loss adjustment expenses, net mean?
- The costs associated with settling insurance claims, including both paid losses and the estimated liability for claims incurred but not yet reported. This is the primary expense driver for an insurer and a key indicator of underwriting discipline.
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