Ategrity Specialty Insurance Company Holdings Reports Third Quarter 2026 Results
Business Wire•21/10/2026•16:05 ET
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Key Highlights
- ➤Combined ratio 84.7%, down from 88.7% in Q3 2025
- ➤Underwriting income $19.5 million, up 83.7% year over year
- ➤Gross written premiums $165.0 million, increased 14.7% year over year
- ➤Net income $14.6 million, or $0.29 per diluted share
- ➤Book value per share $13.72, up 7.4% from year-end
Expert Statements
Justin Cohen, Chief Executive Officer of Ategrity Specialty Insurance Company Holdings
“Ategrity delivered an exceptional quarter of underwriting performance, achieving a record low combined ratio of 84.7% and underwriting income growth of 83.7%. Business momentum was strong, with submissions growing 30% and gross written premiums increasing approximately 15%, well ahead of industry estimates of E&S premium growth.”
Justin Cohen, Chief Executive Officer of Ategrity Specialty Insurance Company Holdings
“Our results reflect the strength of our differentiated underwriting model and the growing value of our productionized platform. With an expanding portfolio of specialty products, next-generation underwriting technology, and a broader distribution network, we are strengthening our competitive position and creating additional opportunities to capture market share and profitably compound growth.”
Chris Schenk, President and Chief Underwriting Officer of Ategrity Specialty Insurance Company Holdings
“We are a high-velocity, execution-oriented company that embraces AI and analytics while remaining grounded in underwriting fundamentals. This quarter’s results and accomplishments illustrate that combination.”
Chris Schenk, President and Chief Underwriting Officer of Ategrity Specialty Insurance Company Holdings
“We delivered the lowest combined ratio in the company’s history and continued to gain market share across both Property and Casualty. Property gross written premiums increased approximately 25%, countering broader market trends and reflecting the success of our regional strategies, including Project Heartland and New England. Our Casualty business was strong, with our core middle market business growing substantially, even as we implemented meaningful rate increases on new business to provide expanded coverage and maintain rate adequacy ahead of loss cost trends.”
Chris Schenk, President and Chief Underwriting Officer of Ategrity Specialty Insurance Company Holdings
“We also launched four new specialty products—Energy, Environmental Liability, Life Sciences, and Sports & Entertainment—in a record four weeks. Alongside these launches, we deployed our next-generation underwriting platform across our established Brokerage business, redesigned core product offerings, and launched our ‘We Cover What Matters’ campaign, bringing our guiding principles on coverage to life. These accomplishments demonstrate our ability to move quickly from strategy to execution, expanding our business while strengthening underwriting performance.”
Ategrity Specialty Insurance Company Holdings Reports Third Quarter 2026 Results
Record low combined ratio of 84.7% and underwriting income((1)) growth of 83.7%
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