GlobeNewswire·Nov 12, 2026, 8:30 AM ET

Presurance Holdings Reports 2026 Third Quarter Financial Results

PRHI

Presurance Holdings, Inc. reported financial results for the third quarter and nine months ended September 30, 2026.
The Personal Lines business generated a profitable combined ratio of 82.7% for Q3 2026, improving from 95.2% in the prior year period.
Year-to-date combined ratio for Personal Lines was 91.0% for the first nine months of 2026, a significant improvement from 119.3% in 2025.
Overall underwriting combined ratio for the nine months ended September 30, 2026, improved to 97.1% from 133.7% in the prior-year period.
Book value per share was $6.45 as of September 30, 2026, down from $14.49 in the prior year.
Gross written premiums decreased 57.8% to $6.2 million in Q3 2026 40.8% to $30.7 million for the nine months ended September 30, 2026.
The Company transitioned its Personal Lines portfolio to consist exclusively of Texas homeowners policies following the non-renewal of its Midwest business.
Commercial Lines portfolio remains in runoff with no new business production, driven by adverse development in the discontinued Security Guard book.
Net loss allocable to common shareholders was $1.6 million, or $0.43 per share, for the third quarter of 2026.
Adjusted operating loss for the nine months ended September 30, 2026, was $1.2 million, or $0.36 per share, compared to $8.5 million in the same period in 2025.
Net investment income was $1.1 million for the quarter, a 13.3% decrease from the prior year period.
The Company cited reserve strengthening in the legacy run-off book as a primary factor for third-quarter underwriting losses.

Company: Presurance Holdings, Inc.
Keywords: Nasdaq:PRHI, Presurance Holdings, Inc.