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Hagerty HGTY Insurance — Underwriting and other insurance expenses
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Where this comes from
Reported directly by Hagerty in its filing.
Tagged under the XBRL concept hgty:UnderwritingAndOtherInsuranceExpenses.
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: | Three months ended June 30, 2026 / (in thousands, except per share amounts) | Three months ended June 30, 2025 / (in thousands, except per share amounts) | Six months ended June 30, 2026 / (in thousands, except per share amounts) | Six months ended June 30, 2025 |
|---|---|---|---|---|
| EXPENSES: | ||||
| Losses and loss adjustment expenses, net | 110,709 | 75,213 | 208,628 | 146,343 |
| Policy acquisition costs, net | 83,641 | 82,938 | 185,563 | 160,271 |
| Underwriting and other insurance expenses | 62,947 | 1,222 | 122,535 | 2,579 |
| Selling, general, and administrative expenses | 95,265 | 161,627 | 167,681 | 305,672 |
| Interest expense and other, net | 28 | 4,946 | 950 | 6,635 |
| Total expenses | 352,590 | 325,946 | 685,357 | 621,500 |
| INCOME (LOSS) BEFORE TAXES | 2,232 | 53,363 | (18,705) | 86,145 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Hagerty's insurance — underwriting and other insurance expenses?
- Hagerty (HGTY) reported insurance — underwriting and other insurance expenses of $62.95M in Q2 2026.
- What does insurance — underwriting and other insurance expenses mean?
- Operational costs incurred to support the underwriting process, including policy administration, processing, and overheads specific to the insurance segment. This metric helps evaluate the operational leverage and cost structure of the insurance business.
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