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King Pharmaceuticals KG Legacy Reinsurance — Net loss and loss adjustment expenses

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ACGLReinsurance — Net Losses and Loss Adjustment Expenses Incurred
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EGReinsurance — Incurred Loss and Loss Adjustment Expenses
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Other financials

Income statement

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Revenue$10.2M+1,112%
Net income-$7.4M-1,786%
EPS (diluted)-$0.96-586%

Balance sheet

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Cash & equivalents$62.2M+1,724%
Total debt$176.7M
Total equity$121.4M+2,773%
Total assets$964.2M

Cash flow

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Operating cash flow-$15.1M-1,628%

Valuation

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Market cap$70.42M-67.6%
Enterprise value$184.93M-50.0%
P/E1.2×
P/S1.6×-24.3×

Profitability

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Net margin131.5%

Returns & leverage

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Return on equity90.8%
Debt / equity1.5×

Where this comes from

Reported directly by King Pharmaceuticals in its filing.

Tagged under the XBRL concept us-gaap:PolicyholderBenefitsAndClaimsIncurredNet.

The official record: King Pharmaceuticals’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is King Pharmaceuticals's legacy reinsurance — net loss and loss adjustment expenses?
King Pharmaceuticals (KG) reported legacy reinsurance — net loss and loss adjustment expenses of $2.26M in Q1 2026.
What does legacy reinsurance — net loss and loss adjustment expenses mean?
Captures the costs associated with claims incurred and the expenses required to settle those claims within the legacy reinsurance segment. This is a critical indicator of underwriting performance and the accuracy of initial risk pricing.