ASIC
Ategrity Specialty Insurance Company Holdings20.24
+0.13+0.65%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
No competition; buyback, Heartland details
Q&A reinforced the scripted strength without walk-backs, but pushed back hard on competition fears. No pressure from large players in small E&S, management insisted, as metrics show their traction. Detailed $50M buyback as opportunistic at 9x forward earnings amid excess capital, while committing to growth. Project Heartland nears distribution saturation but boasts huge wallet-share runway via branded product. Rates exceed trends; reserves strong with late-reporting buffers. AI shifts to desk-level underwriting soon. No big rivals crowding their niche. Watch Heartland execution and mix stability.
Key Stats
Market Cap
972.87MP/E (TTM)
14.06Basic EPS (TTM)
1.44Dividend Yield
0%Recent Filings
10-K
FY2025 results
Ategrity's FY2025 delivered $581.5M gross written premiums, up 33.1% y/y from $437.0M, with casualty surging to 67.2% mix while property held steady; combined ratio sharpened to 88.2% from 93.9% on property strength and no prior-year reserve hits (vs $5.4M adverse in 2024). Net earned premiums hit $361.7M (+24.4% y/y), fueling underwriting income of $42.8M—more than double prior year. Q4 accelerated growth amid hard E&S cycle, margins expanded via scaled ops and fees. Cash swelled to $1.1B; $50M buyback authorized Feb 2026. Social inflation threatens claim severity.
8-K
Authorizes $50M buyback
Ategrity Specialty Insurance authorized a $50 million share repurchase program on February 12, 2026, under Item 8.01. The board empowered the CEO and CFO to execute buybacks flexibly via open market or private deals, compliant with Rule 10b-18. Repurchases hinge on market conditions. Program can halt anytime.
8-K
Q4 premiums up 30.2%
Ategrity Specialty Insurance Holdings reported Q4 2025 results on February 19, 2026, with gross written premiums surging 30.2% to $154.0M and combined ratio improving to 84.9% from 92.3%. Net income hit $25.3M, up 17.3%, fueled by casualty growth and expense leverage. Growth scaled profitably. Book value per share climbed 23.2% to $12.78.
8-K
Investor presentation posted
Ategrity Specialty Insurance Company Holdings posted an investor presentation to its website on December 18, 2025, under Item 7.01 Regulation FD. The company plans to use it in meetings with investors and analysts. Presentation details reside on investors.ategrity.com. Not filed under securities laws.
10-Q
Q3 FY2025 results
Ategrity Specialty Insurance Holdings filed its 10-Q for Q3 ended September 30, 2025, but the document provides only structural details like filer status and page references—no financial statements, metrics, or MD&A results appear in the excerpt. No revenue, EPS, cash flow, or balance sheet figures are disclosed here. Non-GAAP measures not disclosed in the 10-Q. Balance sheet and operations statements referenced on pages 4-7, yet absent from this filing text. Investors await full numbers. Regulatory scrutiny remains a key risk.
IPO
Website
Employees
Sector
Industry
ACIC
American Coastal Insurance Corp
12.81-0.01
AFG
American Financial Group, Inc.
136.35-1.10
AHL
Aspen Insurance Holdings Limite
37.09-0.02
AII
American Integrity Insurance Gr
20.18-0.20
AXS
Axis Capital Holdings Limited
107.14+0.68
BOW
Bowhead Specialty Holdings Inc.
27.71-0.36
IGIC
International General Insurance
25.00+0.10
PLMR
Palomar Holdings, Inc.
127.54+2.02
RNR
RenaissanceRe Holdings Ltd.
272.44+0.90
RYAN
Ryan Specialty Holdings, Inc.
53.00-1.19