Business
AMERISAFE Announces 2021 Third Quarter Results
Reports Combined Ratio of 71.5% Declares an Extraordinary Dividend of $4.00 Per Share DERIDDER, La.--(BUSINESS WIRE)-- AMERISAFE, Inc. (Nasdaq: AMSF), a
About this update from Amerisafe, Inc.
[{"type":"text","content":"\nReports Combined Ratio of 71.5%\n\nDeclares an Extraordinary Dividend of $4.00 Per Share\n\n DERIDDER, La.--(BUSINESS WIRE)--\nAMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of workers’ compensation insurance focused on high hazard industries, today announced results for the third quarter ended September 30, 2021.\n\n\n\n\nThree Months Ended\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\nNine Months Ended\n\n\n\n \n\n\n\n \n\n\n\n\n\n\nSeptember 30,\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\nSeptember 30,\n\n\n\n \n\n\n\n \n\n\n\n\n\n\n \n\n\n\n2021\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n2020\n\n\n\n \n\n\n\n \n\n\n\n% Change\n\n\n\n \n\n\n\n \n\n\n\n2021\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n2020\n\n\n\n \n\n\n\n \n\n\n\n% Change\n\n\n\n\n\n\n(in thousands, except per share data)\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n(in thousands, except per share data)\n\n\n\n \n\n\n\n \n\n\n\n\nNet premiums earned\n\n$\n\n\n\n67,626\n\n\n\n \n\n\n\n\n$\n\n\n\n74,771\n\n\n\n \n\n\n\n\n-9.6\n\n\n\n%\n\n\n\n\n$\n\n\n\n208,260\n\n\n\n \n\n\n\n\n$\n\n\n\n229,725\n\n\n\n \n\n\n\n\n-9.3\n\n\n\n%\n\n\n\n\nNet investment income\n\n \n\n\n\n6,049\n\n\n\n \n\n\n\n\n \n\n\n\n7,063\n\n\n\n \n\n\n\n\n-14.4\n\n\n\n%\n\n\n\n\n \n\n\n\n19,362\n\n\n\n \n\n\n\n\n \n\n\n\n22,136\n\n\n\n \n\n\n\n\n-12.5\n\n\n\n%\n\n\n\n\nNet realized gains (losses) on investments (pretax)\n\n\n(8\n\n\n\n)\n\n\n\n\n\n309\n\n\n\n\n\nNM\n\n\n\n\n\n\n1,490\n\n\n\n\n\n\n1,464\n\n\n\n\n\n1.8\n\n\n\n%\n\n\n\n\nNet unrealized gains (losses) on\n\n\n\n\n\n\n\n\n\n\n\n\n\nequity securities (pre-tax)\n\n \n\n\n\n(771\n\n\n\n)\n\n\n\n\n \n\n\n\n844\n\n\n\n \n\n\n\n\nNM\n\n\n\n \n\n\n\n\n \n\n\n\n8,026\n\n\n\n \n\n\n\n\n \n\n\n\n(2,349\n\n\n\n)\n\n\n\n\nNM\n\n\n\n \n\n\n\n\nNet income\n\n \n\n\n\n19,136\n\n\n\n \n\n\n\n\n \n\n\n\n23,353\n\n\n\n \n\n\n\n\n-18.1\n\n\n\n%\n\n\n\n\n \n\n\n\n62,215\n\n\n\n \n\n\n\n\n \n\n\n\n58,101\n\n\n\n \n\n\n\n\n7.1\n\n\n\n%\n\n\n\n\nDiluted earnings per share\n\n$\n\n\n\n0.99\n\n\n\n \n\n\n\n\n$\n\n\n\n1.21\n\n\n\n \n\n\n\n\n-18.2\n\n\n\n%\n\n\n\n\n$\n\n\n\n3.21\n\n\n\n \n\n\n\n\n$\n\n\n\n3.00\n\n\n\n \n\n\n\n\n7.0\n\n\n\n%\n\n\n\n\nOperating net income\n\n \n\n\n\n19,751\n\n\n\n \n\n\n\n\n \n\n\n\n22,442\n\n\n\n \n\n\n\n\n-12.0\n\n\n\n%\n\n\n\n\n \n\n\n\n54,697\n\n\n\n \n\n\n\n\n \n\n\n\n58,800\n\n\n\n \n\n\n\n\n-7.0\n\n\n\n%\n\n\n\n\nOperating earnings per share\n\n$\n\n\n\n1.02\n\n...