Loading...
•
Mar 31, 2023
Amerisafe Q1 2023 Earnings Report
Reported a return on equity of 21.3% and a net combined ratio of 82.2%.
Key Takeaways
AMERISAFE's first quarter results reflect a disciplined approach to risk selection and adequate pricing, with top-line growth of 6.0%, a combined ratio of 82.2%, and an annualized ROE of 21.3%.
Net premiums earned increased by 2.4% to $69.181 million compared to Q1 2022.
Net investment income increased by 21.6% to $7.433 million compared to Q1 2022.
Net income remained consistent at $17.339 million compared to Q1 2022.
The company's net combined ratio was 82.2%.
Forward Guidance
AMERISAFE is well-positioned for solid performance in the current market and remains confident in its ability to create long-term value for shareholders.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...