ASIC

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Ategrity Specialty Insurance Company Holdings Reports Third Quarter 2026 Results

Record low combined ratio of 84.7% and underwriting income(1) growth of 83.7%

NEW YORK, NY – October 21, 2026 – Ategrity Specialty Insurance Company Holdings (NYSE: ASIC) today announced financial results for the quarter ended September 30, 2026. The Company reported net income attributable to stockholders of $14.6 million, or $0.29 per diluted share, compared to $22.7 million, or $0.45 per diluted share, in the prior-year period. Adjusted net income attributable to stockholders(1) was $14.7 million, or $0.29 per diluted share(1).

Third Quarter 2026 Highlights

•Gross written premiums increased 14.7% to $165.0 million

•Net income attributable to stockholders was $14.6 million, or $0.29 per diluted share

•Adjusted net income attributable to stockholders(1) was $14.7 million, or $0.29 per diluted share

•Combined ratio was 84.7%, compared to 88.7% in Q3 2025

•Adjusted return on stockholders’ equity(1) was 8.9% in Q3 2026 and 15.5% year to date

•Book value per share at quarter-end was $13.72 per share, up 7.4% from year-end

Chief Executive Officer Justin Cohen said, “Ategrity delivered an exceptional quarter of underwriting performance, achieving a record low combined ratio of 84.7% and underwriting income growth of 83.7%. Business momentum was strong, with submissions growing 30% and gross written premiums increasing approximately 15%, well ahead of industry estimates of E&S premium growth.

“Our results reflect the strength of our differentiated underwriting model and the growing value of our productionized platform. With an expanding portfolio of specialty products, next-generation underwriting technology, and a broader distribution network, we are strengthening our competitive position and creating additional opportunities to capture market share and profitably compound growth.”

Underwriting Results

For the quarter ended September 30, 2026, gross written premiums increased 14.7% compared to the prior-year period, driven by execution of our growth initiatives and increased engagement across our expanding distribution network. Gross written premiums in property lines increased 25.0% year-over-year, supported by growth in lower-risk geographies, including the Midwest and New England. Gross written premiums for casualty lines increased 10.0% year-over-year, reflecting the Company’s strategic focus on broadening casualty-related products and verticals.

Underwriting income(1) was $19.5 million for the quarter, up 83.7% from $10.6 million in the prior-year period. The combined ratio for the quarter was 84.7%, a decrease from 88.7% in the prior-year period, driven by improvement in both the loss and expense ratios. The loss ratio decreased by 2.5 percentage points to 57.5%, reflecting continued strong loss experience across both property and casualty lines.

The overall expense ratio was 27.2% for the quarter, compared to 28.7% in the prior-year period, driven by operating expense leverage and lower net policy acquisition costs. Operating expenses, net of fee income, decreased as a percentage of net earned premiums by 0.8 percentage points to 10.0%, reflecting emerging scale benefits of our centralized model. Policy acquisition costs also improved, decreasing by 0.7 percentage points to 17.2% of net earned premiums due to a favorable shift in our business mix.

Chris Schenk, President and Chief Underwriting Officer, said, “We are a high-velocity, execution-oriented company that embraces AI and analytics while remaining grounded in underwriting fundamentals. This quarter’s results and accomplishments illustrate that combination.

“We delivered the lowest combined ratio in the company’s history and continued to gain market share across both Property and Casualty. Property gross written premiums increased approximately 25%, countering broader market trends and reflecting the success of our regional strategies, including Project Heartland and New England. Our Casualty business was strong, with our core middle market business growing substantially, even as we implemented meaningful rate increases on new business to provide expanded coverage and maintain rate adequacy ahead of loss cost trends.

“We also launched four new specialty products—Energy, Environmental Liability, Life Sciences, and Sports & Entertainment—in a record four weeks. Alongside these launches, we deployed our next-generation underwriting platform across our established Brokerage business, redesigned core product offerings, and launched our ‘We Cover What Matters’ campaign, bringing our guiding principles on coverage to life. These accomplishments demonstrate our ability to move quickly from strategy to execution, expanding our business while strengthening underwriting performance.”

(1)    See the definitions and reconciliations of non-GAAP financial measures to the most directly comparable GAAP financial m

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Ategrity Specialty Insurance Company Holdings Reports Second Quarter 2026 Results

Combined ratio of 85.9% drives underwriting income growth of 66.9% and record earnings

NEW YORK, NY – July 29, 2026 – Ategrity Specialty Insurance Company Holdings (NYSE: ASIC) today announced financial results for the quarter ended June 30, 2026. The Company reported net income attributable to stockholders of $33.5 million, or $0.67 per diluted share, compared to $17.6 million, or $0.39 per diluted share, in the prior-year period. Adjusted net income attributable to stockholders(1) was $33.5 million, or $0.67 per diluted share(1).

Second Quarter 2026 Highlights

•Gross written premiums increased 23.4% to $206.8 million

•Net income attributable to stockholders was $33.5 million, or $0.67 per diluted share, up 89.8%

•Adjusted net income attributable to stockholders(1) was $33.5 million, or $0.67 per diluted share

•Combined ratio was 85.9%, compared to 88.9% in Q2 2025

•Adjusted return on stockholders’ equity(1) was 20.7%

•Book value per share at quarter-end was $13.86 per share, up 8.5% from year-end

Chief Executive Officer Justin Cohen said, “Ategrity delivered another quarter of record production, underwriting profitability and earnings, with gross written premium growth of 23.4%, a combined ratio of 85.9% and adjusted net income growth of 87.9%. These results demonstrate the strength of our productionized underwriting platform, and our ability to take market share while expanding profitability.

“The scalability of our model was evident this quarter, as our expense ratio improved 350 basis points to 27.5%, contributing to a 66.9% increase in underwriting income. We continue to see opportunities to drive further efficiencies through automation and streamlined processes while executing our disciplined underwriting approach. As we continue to scale, we believe our model is positioned to deliver attractive returns for shareholders and exceptional value to our distribution partners.”

Underwriting Results

For the quarter ended June 30, 2026, gross written premiums increased 23.4% compared to the prior-year period, driven by execution of our growth initiatives and increased engagement across our expanding distribution network. Gross written premiums for casualty lines increased 24.7% year-over-year, reflecting the Company’s strategic focus on broadening casualty-related products and verticals. Gross written premiums in property lines increased 21.3% year-over-year, with contribution from growth in lower-risk geographies, including the Midwest and New England.

Underwriting income(1) was $16.0 million for the quarter, up 66.9% from $9.6 million in the prior-year period. The combined ratio for the quarter was 85.9%, a decrease from 88.9% in the prior-year period, driven by improvement in the expense ratio. The loss ratio increased by 0.5 percentage points to 58.5%, reflecting a shift in business mix toward our Brokerage channel in recent periods and lower catastrophe activity in the prior-year period.

The overall expense ratio was 27.5% for the quarter, compared to 31.0% in the prior-year period, driven by operating expense leverage and lower net policy acquisition costs. Operating expenses, net of fee income, decreased as a percentage of net earned premiums by 2.9 percentage points to 9.5%, reflecting emerging scale benefits of our centralized model and stronger fee income. Policy

acquisition costs also improved, decreasing by 0.6 percentage points to 17.9% of net earned premiums due to a favorable shift in our business mix.

“Our team delivered another quarter of strong growth while maintaining our technical underwriting standards” said Chris Schenk, President and Chief Underwriting Officer. “Record new business growth was driven by the expansion of our distribution relationships and the execution of differentiated growth strategies, including initiatives such as Project Heartland and our New England strategy. We also entered the quarter with a larger and more valuable renewal portfolio, reflecting the cumulative benefits of investments made over the past several years. Together, these differentiated growth initiatives and our expanding renewal franchise are creating a more durable, predictable and profitable earnings foundation.”

“Across our portfolio, we continue to capture attractive opportunities as we see increased market focus on coverage terms and conditions, particularly in the middle-market segment. Our strategy is to provide insureds with the coverage they need at fair, technically sound rates. As insureds demonstrate a renewed willingness to pay for coverage certainty, we believe our differentiated underwriting approach, targeted market strategies and disciplined execution will enable Ategrity to continue gaining market share while delivering sustainable, profitable growth.”

(1)    See the definitions and reconciliations of non-GAAP financial measures t

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Ategrity Specialty Insurance Pre-Announces Record Second Quarter 2026 Results; Appoints Neil Adler Chief Financial Officer

NEW YORK, NY – July 10, 2026 – Ategrity Specialty Insurance Company Holdings (NYSE: ASIC) today announced preliminary financial results for the second quarter ended June 30, 2026, which exceeded the Company's previously communicated outlook and current analyst consensus expectations.

For the second quarter ended June 30, 2026, Ategrity expects to report:

•Record gross written premiums of more than $205 million, representing growth exceeding 22% year-over-year and accelerated market share gains relative to E&S stamping office benchmarks.

•Combined ratio below 87%, outperforming the Company’s previously communicated guidance.

•Record diluted earnings per share of more than $0.60, exceeding current analyst consensus expectations of $0.47 per diluted share, with net income attributable to stockholders growing more than 75% year-over-year.

"We are pleased to have delivered another quarter of record production, underwriting profitability and earnings during a quarter in which industry growth remained challenged," said Justin Cohen, Chief Executive Officer. "Our results reflect the strength of our differentiated underwriting platform, the scalability of our operating model and our ability to take market share while expanding profitability."

“Our team delivered record gross written premium while maintaining our technical underwriting standards, and our underwriting results continue to develop favorably,” said Chris Schenk, President and Chief Underwriting Officer. “Growth was broad-based, with greater than 20% growth in both property and casualty lines. Our established strategies and products continued to make exceptional contributions, while newer initiatives, including our New England strategy and recently launched products, began contributing meaningfully. We also benefited from an intensified market focus on terms and conditions, particularly in the middle-market segment. Our strategy is to provide insureds with the coverage they need at fair, technically sound rates. As insureds demonstrate a renewed willingness to pay for coverage certainty, we are profitably taking market share.”

Separately, the Company today announced the appointment of Neil Adler as Chief Financial Officer, effective July 9, 2026. Mr. Adler will report to Chief Executive Officer Justin Cohen and lead the Company's finance organization.

"I am pleased that Neil has agreed to join Ategrity," said Mr. Cohen. "Neil combines strong financial discipline with a deep understanding of our business and operating model. Having worked closely with him for the past seven years, I have seen firsthand his ability to build scalable financial processes, optimize capital allocation and support profitable growth. Neil has been a trusted advisor to Ategrity since our founding in 2018, and I am confident he is the right leader to help us execute our next phase of growth as we continue to scale our platform."

Mr. Adler said, "Ategrity has built a differentiated underwriting platform and an exceptional track record of disciplined, profitable growth. Having worked alongside the Company since its formation, I am excited to join the leadership team and help further strengthen our financial capabilities, support disciplined capital management and create long-term value for our shareholders. I look forward to partnering with Justin, Chris and the rest of our leadership team as we continue building a premier specialty insurance platform."

Mr. Adler brings more than a decade of finance and accounting experience to Ategrity. Since January 2026, he has served as Chief Financial Officer of Zimmer Financial Services Group. Mr. Adler has also served as Chief Financial Officer of Zimmer Partners since August 2025, and previously served as Controller and Director of Accounting & Operations. Mr. Adler began his career at Deloitte.

Mr. Adler succeeds Neelam Patel as Chief Financial Officer following our non-renewal of her employment agreement upon its scheduled expiration.

Mr. Cohen said, “We thank Neelam for her contributions to Ategrity over the past several years. Her leadership helped strengthen our finance organization and prepare Ategrity for its successful transition to the public markets. We wish her continued success in her future endeavors.”

The preliminary financial information included in this release is based on management's current estimates and remains subject to the completion of the Company's customary quarter-end closing procedures and review.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. You can identify forward-looking statements in this press release