Hagerty Reports Q1 2026 Earnings Call Details
Hagerty reported strong performance in Q1 2026, with written premium up 18% to $289 million and earned premium up 42% to $240 million. Adjusted EBITDA rose 77% to $85 million, driven by favorable prior-year development and retention rates. However, GAAP revenue declined 5% due to the new Markel fronting structure, and the company reported a GAAP net loss of $13 million.
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