Highest-materiality recent filing
ACIC renews 2026/27 catastrophe reinsurance with $1.918B limit, 14.4% increase, cost down 11.1%
Purchased $1.918B occurrence-based limit aggregate, up $241.5M or 14.4% from prior year.
ACIC Q1 2026 core EPS $0.39 misses estimate; premiums down 24.5% YoY
Core income $19.3M ($0.39) vs $20.7M ($0.42) YoY; consensus $0.44.
ACIC Q4 core EPS $0.52 beats $0.41 estimate; combined ratio 58.6% vs 70.3%
Core income $25.8M ($0.52/diluted share) versus $6.0M ($0.12) a year ago; analyst consensus was $0.41.
American Coastal Q3 net income $32.5M ($0.65 EPS); core EPS $0.61 beats est. $0.39
Net premiums earned $80.8M (+8.5% YoY); total revenue $90.4M (+10.1%).
ACIC Q2 net income $26.4M; core EPS $0.54 beats $0.38; combined ratio 60.6%
Core income $26.8M ($0.54 diluted) vs $19.6M ($0.40) YoY, beating analyst estimate of $0.38.
ACIC renews 2025/26 Core CAT program with $1.676B limit, 12.2% risk-adjusted cost decrease
Occurrence-based limit increased 3.9% to $1.676B; first event limit up 5.4% to $1.33B.
American Coastal Q1 core EPS $0.42 vs $0.50 YoY; combined ratio 65%
Net premiums earned $68.3M, up 9.0% YoY; total revenue $72.2M, +8.4%.
American Coastal completes sale of Interboro Insurance to Forza for $26.4M
Sold 100% of Interboro Insurance Company to Forza Insurance Holdings on April 1, 2025.
ACIC Q4 core EPS $0.12 misses estimates, hit by Hurricane Milton losses
Q4 core income $6.0M ($0.12 diluted) vs analyst estimate $0.16; down 66.7% YoY.
American Coastal Insurance appoints B. Bradford Martz as CEO; Peed becomes Executive Chairman
B. Bradford Martz, previously President and CFO, named CEO and President effective February 11, 2025.
ACIC renews AOP CAT reinsurance with lower costs and attachment point; adds CAT Agg
Renewed AOP CAT effective Jan 1, 2025: $90M limit excess of $10M attachment point (down $4M from $14M YoY).
American Coastal Q3 core EPS $0.54 vs est $0.15; book value $5.38; guides FY24 net income $75-80M
Q3 core income $26.9M ($0.54), +73.6% YoY, vs analyst estimate $0.15; combined ratio 57.7% vs 62.7%.
ACIC Q2 core EPS $0.40 beats consensus $0.30; book value $4.63; guides FY net income $85M-$95M
Core EPS $0.40 vs analyst estimate $0.30; book value per share $4.63 vs est $4.58.
American Coastal renews catastrophe reinsurance; AmCoastal limit up 10%, cost down 8.5%
AmCoastal purchased $1.454B occurrence limit (+10% from $1.322B) covering Florida windstorms.
ACIC to sell 100% of Interboro Insurance Company to Forza Insurance Holdings.
Core income (non-GAAP) $24.3M ($0.50), down 20.9% YoY from $30.7M ($0.70).
ACIC Q4 core income $0.39, up 225% YoY; combined ratio 66.6% vs 104.5%
Net income from continuing ops $17.1M ($0.37) vs $1.0M ($0.02) YoY; core income $17.7M ($0.39).
Simultaneous with Mr. Martz's promotion, R. Daniel Peed, age 62, will transition from his former role as Chief Executive Officer and Chairman of the Board of Directors to Executive Chairman of the Board of Directors.
Effective February 11, 2025, American Coastal Insurance Corporation's ("ACIC") Board of Directors appointed B. Bradford Martz, age 53, as Chief Executive Officer and President of ACIC.
Max materiality 0.85 · Median 0.65 · Most common event earnings