AMERISAFE reported a decrease in net income and diluted earnings per share for the second quarter of 2022, while gross written premiums saw a slight increase.
Net income decreased by 74.2% compared to the second quarter of 2021.
Diluted earnings per share decreased by 74.0% compared to the second quarter of 2021.
The net combined ratio was reported as 86.7%.
Gross written premiums increased by 1.0% compared to the second quarter of 2021.
AMERISAFE has scheduled a conference call for July 29, 2022, at 10:30 a.m. Eastern Time to discuss the results for the quarter and comment on future periods.
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