Mayville Engineering MEC Reinsurance Policy Retention To Limit Aggregate Expense
Reinsurance Policy Retention To Limit Aggregate Expense at other companies
Other financials
Where this comes from
Reported directly by Mayville Engineering in its filing.
Tagged under the XBRL concept mec:ReinsurancePolicyRetentionToLimitAggregateExpense.
The source filing: Mayville Engineering’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 4:15 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001104659-26-091110
The Company is self-funded for the medical benefits provided to its employees and their dependents. Healthcare costs are expensed as incurred and are based upon actual claims paid, reinsurance premiums, administration fees and estimated unpaid claims. The Company has an aggregate stop loss limit to mitigate risk. Expenses related to this contract were $6,043 and $3,642 for the three months ended June 30, 2026 and 2025, respectively and $10,654 and $7,772 for the six months ended June 30, 2026 and 2025. An accrued liability of $986 and $891 was recorded as of June 30, 2026 and December 31, 2025, respectively, for estimated unpaid claims and is included within other current liabilities on the Condensed Consolidated Balance Sheets.
Item 1. Financial Statements (Unaudited)
FAQ
- What is Mayville Engineering's reinsurance policy retention to limit aggregate expense?
- Mayville Engineering (MEC) reported reinsurance policy retention to limit aggregate expense of $6.04M in Q2 2026.
- How has Mayville Engineering's reinsurance policy retention to limit aggregate expense changed year-over-year?
- Mayville Engineering's reinsurance policy retention to limit aggregate expense increased by 65.9% year-over-year, from $3.64M to $6.04M.
- What is the long-term trend for Mayville Engineering's reinsurance policy retention to limit aggregate expense?
- Over 4 years (2021 to 2025), Mayville Engineering's reinsurance policy retention to limit aggregate expense has grown at a 0.7% compound annual growth rate (CAGR), from $18.53M to $19.04M.
- What does reinsurance policy retention to limit aggregate expense mean?
- The maximum financial exposure retained by the company under insurance or reinsurance policies before coverage limits are triggered. This metric is critical for assessing the company's risk management strategy and potential volatility in insurance-related costs.
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