Hagerty said it delivered its strongest first quarter to date, with record policy additions, accelerating premium growth and improved adjusted earnings. Management flagged that GAAP results were weighed down by accounting changes tied to a new reinsurance structure, but the underlying operating trends were described as very strong.
Hagerty said it delivered its strongest first quarter to date, with record policy additions, accelerating premium growth and improved adjusted earnings. Management flagged that GAAP results were weighed down by accounting changes tied to a new reinsurance structure, but the underlying operating trends were described as very strong.
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moderately positive
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