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Mercury General MCY Reserve for insurance claims
Reserve for insurance claims at other companies
Other financials
Where this comes from
Reported directly by Mercury General in its filing.
Tagged under the XBRL concept us-gaap:LiabilityForClaimsAndClaimsAdjustmentExpense.
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 item | March 31, 2026 | December 31, 2025 |
|---|---|---|
| Other assets | 59,266 | 51,338 |
| Total assets | $9,872,865 | $9,560,669 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Loss and loss adjustment expense reserves | $3,646,201 | $3,633,338 |
| Unearned premiums | 2,353,558 | 2,255,935 |
| Notes payable | 574,626 | 574,527 |
| Accounts payable and accrued expenses | 394,423 | 448,703 |
| Operating lease liabilities | 12,652 | 12,328 |
Item 1. Financial Statements
FAQ
- What is Mercury General's reserve for insurance claims?
- Mercury General (MCY) reported reserve for insurance claims of $3.65B in Q1 2026.
- How has Mercury General's reserve for insurance claims changed year-over-year?
- Mercury General's reserve for insurance claims decreased by 3.9% year-over-year, from $3.79B to $3.65B.
- What is the long-term trend for Mercury General's reserve for insurance claims?
- Over 5 years (2020 to 2025), Mercury General's reserve for insurance claims has grown at a 12.8% compound annual growth rate (CAGR), from $1.99B to $3.63B.
- What does reserve for insurance claims mean?
- This represents the estimated liability for claims that have been reported but not yet paid, as well as an estimate for claims that have been incurred but not yet reported (IBNR). It is the most significant liability for an insurance company and reflects the actuarial assessment of future payout obligations. The adequacy of these reserves is a primary driver of long-term financial stability and underwriting profitability.
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