Ategrity reports Q1 net income $25.5M, up 201%; combined ratio 87.4% vs 90.9%

Ategrity Specialty Insurance Co Holdings

2026-Q1 EPS reported $0.51 revenue$128,964,000

Net income attributable to stockholders $25.5M ($0.51/diluted share), up 201% from $8.5M ($0.20) in Q1 2025.
Gross written premiums rose 23.1% to $142.9M; underwriting income $13.3M, up 86.6%.
Combined ratio improved to 87.4% from 90.9% driven by lower loss ratio (58.8%) and expense ratio (28.6%).
Book value per share $13.13, up 24.3% YoY; adjusted ROE 16.4%.

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