Octave Specialty Group Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Debt Securities	137.09	122.3	157.02	135.22	3,421	5,200
Other Investments	117.27	171.41	155.9	218.83	1,139	1,209
Total Investments	254.36	293.71	312.92	354.05	2,593	2,955
Cash & Equivalents	93.54	68.44	47.28	19.22	61	23
Reinsurance Contract Assets	615.28	582.46	454.49	275.4	239	145
Deferred Acquisition Costs	16.45	9.73	8.57	10.96	3	-
Other Receivables	193.85	161.63	112.6	55.31	269	323
Other Intangible Assets	458.38	475	344.78	61.4	326	362
Goodwill	533.5	540.35	418.23	69.69	61	46
Other Assets	101.67	92	6,360	7,582	2,453	4,994
Total Assets	2,267	2,223	8,058	8,428	7,973	12,303
Unearned Premiums	198.68	187.18	182.45	154.88	372	395
Claims Reserves	487.26	459.99	349.06	197.09	805	1,570
Accounts Payable	207.23	196.12	124.43	36.6	39	33
Accrued Expenses	1.31	1.34	2.56	-	427	576
Total Debt	117.06	117.56	150	-	3,746	6,446
Other Liabilities	225.94	174.97	6,054	6,608	1,259	2,168
Total Liabilities	1,237	1,137	6,863	6,997	6,647	11,187
Common Stock	0.49	0.49	0.49	0.47	-	-
Treasury Stock	-33.11	-33.47	-28.34	-16.57	-15	-3
Additional Paid-in Capital	380.26	369.86	331.01	291.76	274	257
Accumulated Other Comprehensive Income	1.22	8.48	-188.44	-160.05	-253	58
Retained Earnings	363.75	370.43	683.64	1,246	1,245	726
Total Common Shareholders' Equity	712.62	715.79	798.36	1,362	1,252	1,038
Minority Interest	1,030	370.38	397.16	70.04	73	78
Shareholders' Equity	833.57	1,549	1,794	1,415	1,305	1,098
Total Liabilities & Equity	2,267	2,223	8,058	8,428	7,973	12,303
Book Value	712.62	715.79	798.36	1,362	1,252	1,038
Book Value Per Share	15.27	15.17	17.00	29.84	27.38	22.31
Tangible Book Value	-279.26	-299.55	35.36	1,231	865	630
Tangible Book Value Per Share	-5.98	-6.35	0.75	26.96	18.92	13.54

Updated May 6, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q