AMERISAFE Q2 net premiums earned rise 11.4%; operating EPS falls 17%
AMERISAFE reported second-quarter 2026 results for the period ended June 30, 2026. Net premiums earned rose 11.4% to $77.3 million and GAAP diluted EPS rose to $0.78 from $0.73, but operating earnings per share fell 17.0% to $0.44 and the net combined ratio worsened to 95.4% from 91.7%, so shareholders see higher revenue and reported earnings alongside weaker core underwriting profit.
Key points
- Net premiums earned up 11.4% to $77.3 million; net income up 4.6% to $14.6 million
- Operating EPS fell 17.0% to $0.44 from $0.53; underwriting profit fell 37.9% to $3.6 million
- Net combined ratio rose to 95.4% from 91.7%; return on average equity was 23.5% for the quarter
- Board declared a quarterly dividend of $0.41 per share on July 21, 2026, payable September 25, 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 21, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.