American Coastal Insurance Reports Q3 Revenue of $90.4 Million and Net Income of $32.5 Million

Reuters11-06
American Coastal Insurance Reports Q3 Revenue of $90.4 Million and Net Income of $32.5 Million

American Coastal Insurance Corporation reported net income of $32.5 million, or $0.65 per diluted share, for the third quarter ended September 30, 2025, compared to $28.1 million, or $0.57 per diluted share, for the same period in 2024. The company saw an increase in revenue driven by higher gross premiums earned and decreased ceded premiums earned, partially offset by higher policy acquisition costs and general and administrative expenses, along with lower loss and loss adjustment expenses. Total gross written premium decreased by $21.2 million, or 22.8%, to $71.8 million for the quarter. The company reported an underlying combined ratio of 57.8% for the third quarter and 62.4% year-to-date, outperforming its target combined ratio of 65%. There were no discontinued operations in the third quarter of 2025.

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