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Nelnet NNI Nelnet Bank — Reinsurance losses and underwriting expenses

Other segment segments

Asset Generation and Management
$0
Education Technology Services and Payments (ETSP)
$0
Loan Servicing and Systems (LSS)
$0

Similar metrics at other companies

Freedom Holding logo
FRHCBanking — Insurance claims incurred, net of reinsurance
$0
Arch Capital Group logo
ACGLReinsurance — Net Losses and Loss Adjustment Expenses Incurred
$1.15B+6.5%
Freedom Holding logo
FRHCBank — Insurance claims and policyholder benefits, net of reinsurance
$0
Axis Capital Holders logo
AXSReinsurance — Underwriting Income Loss Net
$30.01M+3.8%
ESN
ESNTReinsurance — Acquisition Costs, Net
-$6.74M-1,789%
ESN
ESNTReinsurance — Other underwriting and operating expenses
$9.93M+304%

Other financials

Income statement

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Net income$71.1M-13.8%
EPS (diluted)$1.97-12.8%

Balance sheet

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Cash & equivalents$240.0M+8.8%
Total debt$7.7B-11.1%
Total equity$3.7B+9.1%
Total assets$14.2B-0.1%

Cash flow

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Operating cash flow$73.1M-19.8%
CapEx$11.6M+242%
Free cash flow$61.6M-29.9%

Valuation

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Market cap$4.68B+14.9%

Returns & leverage

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Return on equity11.7%+5.9pp
Debt / equity2.1×-0.5×

Where this comes from

Reported directly by Nelnet in its filing.

Tagged under the XBRL concept nni:ReinsuranceLossesAndUnderwritingExpenses.

The official record: Nelnet’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nelnet's nelnet bank — reinsurance losses and underwriting expenses?
Nelnet (NNI) reported nelnet bank — reinsurance losses and underwriting expenses of $0 in Q1 2026.
What does nelnet bank — reinsurance losses and underwriting expenses mean?
Captures costs associated with risk transfer mechanisms and the underwriting process within the banking or insurance-related activities. This metric is essential for assessing the cost of risk mitigation and the financial impact of claims or underwriting operations.