Hagerty HGTY Reserve for insurance claims
Reserve for insurance claims at other companies
Other financials
Where this comes from
Reported directly by Hagerty in its filing.
Tagged under the XBRL concept us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense.
The official record: Hagerty’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Hagerty's reserve for insurance claims?
- Hagerty (HGTY) reported reserve for insurance claims of $202.77M in Q1 2026.
- How has Hagerty's reserve for insurance claims changed year-over-year?
- Hagerty's reserve for insurance claims decreased by 19.5% year-over-year, from $251.84M to $202.77M.
- What is the long-term trend for Hagerty's reserve for insurance claims?
- Over 5 years (2020 to 2025), Hagerty's reserve for insurance claims has grown at a 25.2% compound annual growth rate (CAGR), from $54.99M to $168.85M.
- What does reserve for insurance claims mean?
- This represents the estimated liability for insurance claims that have been reported but not yet paid, as well as an estimate for claims that have been incurred but not yet reported. It is a fundamental measure of the company's long-term financial obligation to policyholders for future claim settlements.