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Hagerty HGTY Marketplace — 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 marketplace — losses and loss adjustment expenses, net?
- Hagerty (HGTY) reported marketplace — losses and loss adjustment expenses, net of $0 in Q2 2026.
- What does marketplace — losses and loss adjustment expenses, net mean?
- Represents the total costs associated with settling insurance claims, including both paid losses and the estimated reserves for future claims within the marketplace segment. This metric is a critical measure of underwriting discipline and the accuracy of actuarial projections. High values relative to premiums may indicate adverse claims experience or inadequate pricing.
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