Business
AMERISAFE Announces 2024 Fourth Quarter and Year-End Results
Reports $55.4 Million of Net Income and Return on Equity of 20.2% in 2024 DERIDDER, La.--(BUSINESS WIRE)-- AMERISAFE, Inc. (Nasdaq: AMSF), a specialty
About this update from Amerisafe, Inc.
[{"type":"text","content":"\nReports $55.4 Million of Net Income and Return on Equity of 20.2% in 2024\n\n\n DERIDDER, La.--(BUSINESS WIRE)--\nAMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of workers’ compensation insurance focused on high-hazard industries, today announced results for the fourth quarter and year ended December 31, 2024.\n\n\n\n\n\nThree Months Ended\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\nTwelve Months Ended\n\n\n\n\n\n\n\n\n\n\n\nDecember 31,\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\nDecember 31,\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n2024\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n2023\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n% Change\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n2024\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n2023\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n% Change\n\n\n\n\n\n\n\n\n\n(in thousands, except\nper share data)\n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n\n\n(in thousands, except\nper share data)\n\n\n\n\n\n\n\n\n\nNet premiums earned\n\n$\n\n\n\n\n\n\n66,510\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n65,712\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n1.2\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n270,639\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n$\n\n\n\n\n\n\n267,125\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n1.3\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\n6,914\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n8,077\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n-14.4\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n29,212\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n31,339\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n-6.8\n\n\n\n\n\n\n%\n\n\n\n\n\n\n\nNet realized gains (losses) on investments (pre-tax)\n\n \n\n\n\n\n\n\n(395\n\n\n\n\n\n\n)\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n1,113\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\n(576\n\n\n\n\n\n\n)\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n6,579\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 unrealized gains on equity securities (pre-tax)\n\n \n\n\n\n\n\n\n917\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n5,120\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\n9,508\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n1,228\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\n13,194\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\n\n\n19,181\n\n\n\n\n\n\n \...