Earnings ·
Ategrity reports Q3 net income of $14.6M and combined ratio of 84.7%, CFO Neelam Patel departs with $605K severance
ASICAtegrity Specialty Insurance Co Holdings
Ategrity Specialty Insurance Company Holdings reported third-quarter 2026 results showing net income attributable to stockholders of $14.6 million, or $0.29 per diluted share, compared to $22.7 million in the prior-year period. Gross written premiums increased 14.7% to $165.0 million, driven by a 25.0% rise in property lines and a 10.0% increase in casualty lines. The company achieved a record low combined ratio of 84.7%, down from 88.7% in Q3 2025, resulting in underwriting income growth of 83.7% to $19.5 million. Additionally, the Company entered into a separation agreement with former CFO Neelam Patel, who will receive approximately $604,795 in severance payments and benefits upon her departure effective September 16, 2026. Ategrity Specialty Insurance Company Holdings operates as a specialty insurer providing excess and surplus products to small to medium-sized businesses.