Ategrity Q2 net income $17.6M, premiums up 32%; combined ratio 88.9%

Ategrity Specialty Insurance Co Holdings

2025-Q2 EPS reported $0.60 revenue$184,902,000

Net income $17.6M ($0.39 diluted EPS); adjusted EPS $0.41.
Gross written premiums $167.5M, up 32.3% YoY; casualty lines grew 56.7%.
Combined ratio improved to 88.9% from 94.0%; underwriting income $9.6M, up 119%.
Book value per share $11.64, up 12.2% from year-end; IPO raised $130.3M in June 2025.
CEO cites productionized underwriting model driving profitability and scale.

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