Quarterly ResultApr 22, 2026, 08:32 AM
AMERISAFE Q1 Net Income Falls 9.0% to $8.1M
AI Summary
AMERISAFE, Inc. announced its first-quarter 2026 financial results, reporting a 9.0% decrease in net income to $8.1 million and an 8.5% drop in diluted earnings per share to $0.43. Despite the decline in profitability, the company experienced growth in premiums, with gross premiums written increasing 5.6% to $88.5 million and net premiums earned rising 9.0% to $75.1 million. Voluntary premiums on policies written also saw an 8.2% growth.
Key Highlights
- Net income decreased 9.0% to $8.1 million in Q1 2026.
- Diluted EPS fell 8.5% to $0.43 for the quarter.
- Gross premiums written rose 5.6% to $88.5 million.
- Net premiums earned increased 9.0% to $75.1 million.
- Voluntary premiums on policies written grew 8.2%.