Ategrity Specialty Insurance reported a combined ratio of 84.7% for the quarter ended 30 September, against 88.7% a year earlier. Chief executive Justin Cohen called it "an exceptional quarter of underwriting performance", and Reinsurance News reported that he described the figure as a record low. The loss ratio was 57.5% and the expense ratio 27.2%, and underwriting income rose 83.7% to $19.5m.
Gross written premiums grew 14.7% to $165.0m in the quarter and net earned premiums were $127.1m. Reinsurance News reported that net written premiums rose 26% to $135.2m.
Net income attributable to stockholders fell to $14.6m, or $0.29 a diluted share, from $22.7m. Reinsurance News attributed the fall in consolidated net income, to $11.0m from $23.6m, to a $17.2m net realised and unrealised investment loss, against a $9.2m gain a year earlier. Net investment income rose 19% to $13.1m, and the company reported a return on stockholders' equity of 8.8%.
For the nine months, gross written premiums rose 20.4% to $514.7m and net earned premiums reached $346.1m. The combined ratio was 85.9%, an improvement of 3.5 points, as the expense ratio fell to 27.7% from 30.2%. Net income attributable to stockholders was $73.5m, up 51%, and book value per share rose 7.4% from the end of 2025 to $13.72.
The results release does not give catastrophe losses, prior-year reserve development or an outlook.
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Ategrity Specialty Insurance Company Holdings ↗Company · 21 Oct 2026
This is an original brief based on the linked publication. Company statements and forecasts are attributed to their source.
