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AMERISAFE Announces 2022 Second Quarter Results

Reports Net Combined Ratio of 86.7% DERIDDER, La.--(BUSINESS WIRE)-- AMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of workers’ compensation insurance

articleAmerisafe, Inc.July 28, 20224/company/amerisafe-inc/news/amerisafe-announces-2022-second-quarter-results-2022-07-28
AMERISAFE Announces 2022 Second Quarter Results

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[{"type":"text","content":"\nReports Net Combined Ratio of 86.7%\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 second quarter ended June 30, 2022.\n\n\n\n\n\nThree Months Ended\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\nSix Months Ended\n\n\n\n \n\n\n\n \n\n\n\n\n\n\n\nJune 30,\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\nJune 30,\n\n\n\n \n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n2022\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% Change\n\n\n\n \n\n\n\n \n\n\n\n2022\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% Change\n\n\n\n\n\n\n(in thousands, except per share data)\n\n\n\n(in thousands, except per share data)\n\n\n\n\nNet premiums earned\n\n\n$\n\n\n\n70,279\n\n\n\n \n\n\n\n\n$\n\n\n\n69,888\n\n\n\n \n\n\n\n\n0.6\n\n\n\n%\n\n\n\n\n$\n\n\n\n137,835\n\n\n\n \n\n\n\n\n$\n\n\n\n140,634\n\n\n\n \n\n\n\n\n-2.0\n\n\n\n%\n\n\n\n\nNet investment income\n\n\n \n\n\n\n6,485\n\n\n\n \n\n\n\n\n \n\n\n\n6,730\n\n\n\n \n\n\n\n\n-3.6\n\n\n\n%\n\n\n\n\n \n\n\n\n12,598\n\n\n\n \n\n\n\n\n \n\n\n\n13,313\n\n\n\n \n\n\n\n\n-5.4\n\n\n\n%\n\n\n\n\nNet realized gains on investments (pre-tax)\n\n\n \n\n\n\n1,079\n\n\n\n \n\n\n\n\n \n\n\n\n1,179\n\n\n\n \n\n\n\n\n-8.5\n\n\n\n%\n\n\n\n\n \n\n\n\n1,817\n\n\n\n \n\n\n\n\n \n\n\n\n1,498\n\n\n\n \n\n\n\n\n21.3\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\n\nequity securities (pre-tax)\n\n\n \n\n\n\n(9,942\n\n\n\n)\n\n\n\n\n \n\n\n\n3,286\n\n\n\n \n\n\n\n\nNM\n\n\n\n \n\n\n\n\n \n\n\n\n(8,902\n\n\n\n)\n\n\n\n\n \n\n\n\n8,797\n\n\n\n \n\n\n\n\nNM\n\n\n\n \n\n\n\n\nNet income\n\n\n \n\n\n\n6,132\n\n\n\n \n\n\n\n\n \n\n\n\n23,767\n\n\n\n \n\n\n\n\n-74.2\n\n\n\n%\n\n\n\n\n \n\n\n\n23,463\n\n\n\n \n\n\n\n\n \n\n\n\n43,079\n\n\n\n \n\n\n\n\n-45.5\n\n\n\n%\n\n\n\n\nDiluted earnings per share\n\n\n$\n\n\n\n0.32\n\n\n\n \n\n\n\n\n$\n\n\n\n1.23\n\n\n\n \n\n\n\n\n-74.0\n\n\n\n%\n\n\n\n\n$\n\n\n\n1.21\n\n\n\n \n\n\n\n\n$\n\n\n\n2.22\n\n\n\n \n\n\n\n\n-45.5\n\n\n\n%\n\n\n\n\nOperating net income\n\n\n \n\n\n\n13,134\n\n\n\n \n\n\n\n\n \n\n\n\n20,240\n\n\n\n \n\n\n\n\n-35.1\n\n\n\n%\n\n\n\n\n \n\n\n\n29,060\n\n\n\n \n\n\n\n\n \n\n\n\n34,946\n\n\n\n \n\n\n\n\n-16.8\n\n\n\n%\n\n\n\n\nOperating earnings per share\n\n\n$\n\n\n\n0.68\n\n\n\n \n\n\n\n\n$\n\n\n\n1.04...

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