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Ategrity Specialty Insurance Company (NYSE:ASIC) reported strong Q2 2025 financial results in its first quarter as a public company. The company achieved net income of $17.6 million ($0.39 per diluted share), up significantly from $4.9 million ($0.14 per diluted share) in Q2 2024.
Key highlights include a 32.3% increase in gross written premiums to $167.5 million, with casualty lines growing 56.7% and property lines up 3.7%. The company demonstrated improved operational efficiency with a combined ratio of 88.9%, down from 94.0% year-over-year. The loss ratio decreased to 58.0%, while the expense ratio improved to 31.0%.
ASIC completed its IPO in June 2025, raising $130.3 million in gross proceeds through the issuance of 7,666,667 shares. Book value per share reached $11.64, representing a 12.2% increase from year-end.
Ategrity Specialty Insurance Company Holdings (NYSE: ASIC) has scheduled its second quarter 2025 financial results release for August 11, 2025, after market close. The company will host a conference call and webcast on the same day at 5:00 p.m. Eastern Time to discuss the results.
Investors can access the live webcast through the company's Investor Relations website or directly via the provided link. Participants are advised to join 10 minutes before the start time. A replay will be available on the company's website for at least 30 days following the call.