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Presurance Holdings — Q3 2026 Earnings Summary

  • Net income for the nine months ended September 30, 2026, improved to $3.5 million from a $1.4 million loss in the prior-year period, while Q3 2026 net loss narrowed to $1.6 million from $4.0 million in Q3 2025; adjusted operating loss also narrowed significantly to $1.2 million for the nine months and $1.6 million for Q3 2026.
  • Gross written premiums declined 57.8% to $6.2 million in Q3 2026 and 40.8% to $30.7 million for the nine months, reflecting a strategic shift to a Texas-only Personal Lines portfolio and the runoff of the legacy Commercial Lines book.
  • Personal Lines combined ratio improved to 82.7% in Q3 2026 and 91.0% year-to-date, compared to 95.2% and 119.3% respectively in the prior-year period, driven by disciplined underwriting and reduced legacy impacts.
  • Management remains focused on executing strategic priorities to mitigate historical Commercial Lines exposures, with no new business production in the Commercial segment and a continued emphasis on reserve management and risk selection.
Company
PRESURANCE HOLDINGS INC
Sector
Financial Services
Industry
Insurance - Property & Casualty