Octave Specialty Group, Inc. (OSG)

Octave Specialty Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Debt Securities	122.3	157.02	135.22	3,421	5,200
Other Investments	171.41	155.9	218.83	1,139	1,209
Total Investments	293.71	312.92	354.05	2,593	2,955
Cash & Equivalents	68.44	47.28	19.22	61	23
Reinsurance Contract Assets	582.46	454.49	275.4	239	145
Deferred Acquisition Costs	9.73	8.57	10.96	3	-
Other Receivables	161.63	112.6	55.31	269	323
Other Intangible Assets	475	344.78	61.4	326	362
Goodwill	540.35	418.23	69.69	61	46
Other Assets	92	6,360	7,582	2,453	4,994
Total Assets	2,223	8,058	8,428	7,973	12,303
Unearned Premiums	187.18	182.45	154.88	372	395
Claims Reserves	459.99	349.06	197.09	805	1,570
Accounts Payable	196.12	124.43	36.6	39	33
Accrued Expenses	1.34	2.56	-	427	576
Total Debt	117.56	150	-	3,746	6,446
Other Liabilities	174.97	6,054	6,608	1,259	2,168
Total Liabilities	1,137	6,863	6,997	6,647	11,187
Common Stock	0.49	0.49	0.47	-	-
Treasury Stock	-33.47	-28.34	-16.57	-15	-3
Additional Paid-in Capital	369.86	331.01	291.76	274	257
Accumulated Other Comprehensive Income	8.48	-188.44	-160.05	-253	58
Retained Earnings	370.43	683.64	1,246	1,245	726
Total Common Shareholders' Equity	715.79	798.36	1,362	1,252	1,038
Minority Interest	370.38	397.16	70.04	73	78
Shareholders' Equity	1,549	1,794	1,415	1,305	1,098
Total Liabilities & Equity	2,223	8,058	8,428	7,973	12,303
Book Value	715.79	798.36	1,362	1,252	1,038
Book Value Per Share	15.17	17.00	29.84	27.38	22.31
Tangible Book Value	-299.55	35.36	1,231	865	630
Tangible Book Value Per Share	-6.35	0.75	26.96	18.92	13.54

Updated Dec 31, 2025. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q