American Coastal Insurance Corporation Reports Financial Results for Its Third Quarter Ended September 30, 2026

B. Bradford Martz, President & Chief Executive Officer of American Coastal Insurance Corporation

“Our third quarter results reflect the strength of our disciplined underwriting in a softening market. With our net pricing down more than 25% year over year, American Coastal delivered solid results against a very strong prior-year quarter, including net income of $19.4 million, a 64.7% combined ratio and a 24.1% core return on equity.”

B. Bradford Martz, President & Chief Executive Officer of American Coastal Insurance Corporation

“Just as important, our underlying combined ratio was 68.4% for the quarter, in line with the first two quarters of the year, which tells us the quality of our portfolio has not changed even as rates have come down.”

B. Bradford Martz, President & Chief Executive Officer of American Coastal Insurance Corporation

“We also returned to year-over-year growth in gross premiums written for the first time since early 2025.”

B. Bradford Martz, President & Chief Executive Officer of American Coastal Insurance Corporation

“We continue to generate strong, profitable results while using this part of the cycle to position American Coastal to benefit meaningfully from the next hard market.”

B. Bradford Martz, President & Chief Executive Officer of American Coastal Insurance Corporation

“Book value per share reached $7.52, up 15.5% since year-end.”

B. Bradford Martz, President & Chief Executive Officer of American Coastal Insurance Corporation

“During the quarter, we put our AmRisc partnership on a permanent footing, and our participation in AmRisc’s nationwide E&S commercial property portfolio has added $37.3 million of premium so far this year.”

B. Bradford Martz, President & Chief Executive Officer of American Coastal Insurance Corporation

“We also received our certificate of authority for ACES Specialty and expect to begin writing E&S commercial property through Skyway in Florida, Texas and South Carolina in the coming months.”

B. Bradford Martz, President & Chief Executive Officer of American Coastal Insurance Corporation

“With a strong balance sheet and new avenues for growth, we believe American Coastal is well positioned to compound significant value for shareholders over the long term.”