American Coastal Insurance Corporation — Third Quarter 2026 Earnings Summary

American Coastal Insurance Corporation reported net income of $19.4 million, or $0.40 per diluted share, for the third quarter ended September 30, 2026, representing a 40.3% decline from the same period in 2025. Gross premiums written increased by 3.2% to $74.1 million, while net premiums earned decreased by 19.0% to $65.5 million due to a softening market and a 25.6% year-over-year reduction in net pricing. The company achieved a combined ratio of 64.7% and an underlying combined ratio of 68.4%, with book value per share rising 15.5% to $7.52. Core income for the quarter was $20.4 million, resulting in a core return on equity of 24.1%.