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Hagerty HGTY Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims

Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims at other companies

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$990.76M+7.6%
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Universal Insurance HoldingsUVE
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Segments

By segment

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Insurance$97.92M+37.7%
Marketplace$0

Other financials

Income statement

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Revenue$311.8M-5.0%
Operating income$34.3M+240%
Net income-$12.7M-147%
EPS (diluted)-$0.06-186%

Balance sheet

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Cash & equivalents$366.7M+28.1%
Total debt$272.5M+50.3%
Total equity$218.7M+34.2%
Total assets$2.0B+11.5%

Cash flow

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Operating cash flow$16.3M-62.9%
CapEx$7.7M+43.1%
Free cash flow$8.5M-77.8%

Valuation

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Market cap$1.17B+26.6%
Enterprise value$1.07B+31.5%
P/E10.7×+1.2×
P/S0.8×+0.1×

Profitability

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Operating margin8.1%
Net margin7.5%0.0pp
FCF margin11.4%

Returns & leverage

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Return on equity57.2%-18.7pp
Debt / equity1.2×+0.1×
Current ratio0.0×

Where this comes from

Reported directly by Hagerty in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1.

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 liability for unpaid claims and claims adjustment expense, incurred claims?
Hagerty (HGTY) reported liability for unpaid claims and claims adjustment expense, incurred claims of $97.92M in Q1 2026.
How has Hagerty's liability for unpaid claims and claims adjustment expense, incurred claims changed year-over-year?
Hagerty's liability for unpaid claims and claims adjustment expense, incurred claims increased by 37.7% year-over-year, from $71.13M to $97.92M.
What is the long-term trend for Hagerty's liability for unpaid claims and claims adjustment expense, incurred claims?
Over 4 years (2021 to 2025), Hagerty's liability for unpaid claims and claims adjustment expense, incurred claims has grown at a 23.7% compound annual growth rate (CAGR), from $122.08M to $285.39M.
What does liability for unpaid claims and claims adjustment expense, incurred claims mean?
This represents the total costs incurred from insurance claims, including both reported claims and estimates for claims incurred but not yet reported. It is a fundamental measure of underwriting discipline and the accuracy of actuarial projections. High levels relative to premiums may indicate adverse loss trends.