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Mercury General MCY Reserve for insurance claims

Reserve for insurance claims at other companies

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$7.42B+12.2%
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Other financials

Income statement

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

Balance sheet

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

Cash flow

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

Valuation

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Market cap$5.9B+57.7%

Profitability

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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:LiabilityForClaimsAndClaimsAdjustmentExpense.

The official record: Mercury General’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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.