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Insurance Business

Crawford posts $13.4 million Q2 FY2026 profit as international margins rise despite softer US claims

AI Market Summary
Crawford's Q2 FY2026 results show flat revenue but higher profitability, driven by stronger international weather-related claims activity and improved Broadspire margins, offset by softer US P&C volumes amid benign weather. The sale of UK/Chile legal services created a small disposal loss and may shift broker sourcing for litigation support. Broader data indicating subdued catastrophe losses and lower reinsurance pricing reinforces a mixed claims-services backdrop.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT+1.64%
AI Insight · NCCOGOLD2USD/USDTAI Insight
● Neutral
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US claims management firm Crawford & Company reported fiscal 2026 second-quarter revenue before reimbursements of $321.4 million, little changed year on year. Net income rose 73% to $13.4 million, while operating profit increased 48.2% to $10.9 million and the operating margin improved to 7.9%. The gains were driven mainly by higher weather-related claims activity in Australia, Asia and Canada. The company also recorded a $1.3 million net loss on disposal.
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