Skip to content
Screener

Mercury General MCY Reinsurance recoverables

Reinsurance recoverables at other companies

The Hanover Insurance Group logo
The Hanover Insurance GroupTHG
$2.08B+5.1%
Selective Insurance Group logo
Selective Insurance GroupSIGI
$952.25M+8.0%
The Hartford Financial Services Group logo
The Hartford Financial Services GroupHIG
$7.04B-0.9%
American Financial Group logo
American Financial GroupAFG
$5.27B+11.3%
Progressive logo
ProgressivePGR
$3.92B-6.6%
The Travelers Companies logo
The Travelers CompaniesTRV
$8.01B-0.6%

Other financials

Income statement

See full
Revenue$1.5B+10.5%
Net income$190.4M+276%
EPS (diluted)$3.44+276%

Balance sheet

See full
Cash & equivalents$1.4B+5.1%
Total debt$12.7M-29.2%
Total assets$9.9B+9.4%

Cash flow

See full
Operating cash flow$325.6M+574%
CapEx$16.8M+27.8%
Free cash flow$308.8M+477%

Valuation

See full
Market cap$6.07B+53.0%
Enterprise value$4.73B+65.4%
P/E7.2×-2.9×
P/S1×+0.3×

Profitability

See full
Net margin13.7%+8.6pp
FCF margin23.1%+10.1pp

Where this comes from

Reported directly by Mercury General in its filing.

Tagged under the XBRL concept us-gaap:ReinsuranceRecoverables.

The source filing: Mercury General’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:12 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000064996-26-000014
Line itemMarch 31, 2026December 31, 2025
Accrued investment income73,38073,004
Other86,55786,508
Total receivables978,837905,066
Reinsurance recoverables (net of allowance for credit losses $2; $39)47,771109,672
Deferred policy acquisition costs366,573359,724
Fixed assets (net of accumulated depreciation $360,372; $345,930)150,854146,880
Operating lease right-of-use assets12,15312,125
Deferred income taxes31,82130,637

Item 1. Financial Statements

FAQ

What is Mercury General's reinsurance recoverables?
Mercury General (MCY) reported reinsurance recoverables of $47.77M in Q1 2026.
How has Mercury General's reinsurance recoverables changed year-over-year?
Mercury General's reinsurance recoverables decreased by 92.3% year-over-year, from $623.6M to $47.77M.
What is the long-term trend for Mercury General's reinsurance recoverables?
Over 5 years (2020 to 2025), Mercury General's reinsurance recoverables has grown at a 313.2% compound annual growth rate (CAGR), from $91K to $109.67M.
What does reinsurance recoverables mean?
This represents the portion of insurance claims and related expenses that the company expects to recover from its reinsurers. It serves as a vital indicator of the company's risk mitigation strategy and the financial strength of its reinsurance partners. A significant balance suggests the company is effectively transferring underwriting risk, though it also introduces counterparty credit risk.

Ask your AI about Mercury General's reinsurance recoverables.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude