AMERISAFE Announces 2023 Second Quarter Results

About this update from Amerisafe, Inc.

[{"type":"text","content":"\nReports $15.6 Million of Net Income, Return on Equity of 18.6% and Net Combined Ratio of 85.4% for the quarter\n\n\n DERIDDER, La.--(BUSINESS WIRE)--\nAMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of workers’ compensation insurance focused on high-hazard industries, today announced results for the second quarter ended June 30, 2023.\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\nThree Months Ended\n\n\n\n\n\n\n\n\n\nSix Months Ended\n\n\n\n\n\n\n\n\n\n\n\nJune 30,\n\n\n\n\n\n\n\n\n\nJune 30,\n\n\n\n\n\n\n\n\n\n\n\n2023\n\n\n\n\n\n\n\n2022\n\n\n\n\n\n\n\n% Change\n\n\n\n\n\n\n\n2023\n\n\n\n\n\n\n\n2022\n\n\n\n\n\n\n\n% Change\n\n\n\n\n\n\n\n\n(in thousands, except per share data)\n\n\n\n(in thousands, except per share data)\n\n\n\n\nNet premiums earned\n\n$\n\n\n\n\n\n\n65,598\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n70,279\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n-6.7\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n134,779\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n137,835\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n-2.2\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\nNet investment income\n\n \n\n\n\n\n\n\n7,724\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n6,485\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n19.1\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n15,157\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n12,598\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n20.3\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\nNet realized gains on investments (pre-tax)\n\n \n\n\n\n\n\n\n75\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n1,079\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n-93.0\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n333\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n1,817\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n-81.7\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\nNet unrealized gains (losses) on equity securities (pre-tax)\n\n \n\n\n\n\n\n\n2,048\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n(9,942\n\n\n\n\n\n\n)\n\n\n\n\n\n\n\nNM\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n3,417\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n(8,902\n\n\n\n\n\n\n)\n\n\n\n\n\n\n\nNM\n\n\n\n\n\n\n \n\n\n\n\n\n\n\nNet income\n\n \n\n\n\n\n\n\n15,627\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n6,132\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n154.8\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n32,966\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n23,463\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n40.5\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\nDiluted earnings per share\n\n$\n\n\n\n\n\n\n0.81\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n$\n\...

More updates from Amerisafe, Inc.