American Coastal Insurance Corporation · NASDAQ:ACIC
American Coastal Insurance — Investor Presentation (October 2026)
26 slides from American Coastal Insurance's investor presentation, Oct 13, 2026
Slide 1: Investor Presentation
Investor Presentation Oct 13, 2026 NASDAQ: ACIC amcoastal.com
Slide 2: Forward-Looking Statements
02 Forward-Looking Statements Statements made in this presentation and otherwise, that are not historical facts are “forward-looking statements”. The Company believes these statements are based on reasonable estimates, assumptions and plans. However, if the estimates, assumptions, or plans underlyin
Slide 3: The Investment Case
03 The Investment Case ACIC is a disciplined, high-return specialty underwriter compounding book value through the cycle. Leading Franchise Alignment & Capital The #1 admitted commercial-residential Roughly 50% insider-owned, compounding insurer in Florida — profitable every year book value, and ret
Slide 4: The Leading Florida Franchise
04 The Leading Florida Franchise The #1 admitted commercial-residential insurer in Florida — profitable every year since 2007. How the business is built #1 ~4,450 AmCoastal — the balance-sheet carrier, with the #1 admitted commercial-residential share in Florida. FL commercial- - - Policies resident
Slide 5: Underwriting Strategy
05 Underwriting Strategy Targeting low-rise commercial Exposure management through buildings up to $100M of total sophisticated catastrophe modeling insured value. and analytical tools. Strong reinsurance partnerships and Flexible, judgement-based pricing programs make catastrophes earnings for >75%
Slide 6: Strong Catastrophe Protection
06 Strong Catastrophe Protection $1.7B What investors should take away First-event named-windstorm limit — protection sufficient for a 1-in-286-year event. Core CAT program covers hurricanes and tropical storms, with coverages that step down our second- and third-event retentions. $23.5M / $25M Mult
Slide 7: A Credible Path to Specialty E&S Growth
07 A Credible Path to Specialty E&S Growth Broadening beyond Florida — without chasing underpriced business. LIVE NOW 2027 Lever 1 — AmRisc E&S Participation Lever 2 — ACES & Skyway Platform Quota share supporting AmRisc's nationwide E&S ACES specialty E&S carrier (approval pending); commercial prop
Slide 8: E&S Opportunities
08 E&S Opportunities State Florida Texas South Carolina Premium Opportunity ~$1.4B ~$1.9B ~$455M ACIC has previous commercial property underwriting experience in South Carolina & Texas and will consider other catastrophe exposed markets where we can deploy our highly specialized expertise to earn st
Slide 9: Financial Snapshot
09 Financial Snapshot Combined Ratio FY 2025: 60.1% YTD Q2 2026: 70.3% Core Return on Equity FY 2025: 35.2% YTD Q2 2026: 21.7% amcoastal.com NASDAQ: ACIC
Slide 10: Compounding Book Value & Returning Capital
10 Compounding Book Value & Returning Capital Disciplined with risk — and disciplined with capital. $2.45 → $7.21 Returning capital to shareholders Book value per share, Q2-23 to Q2-26 — a ~43% three-year CAGR Targeting ≤25% debt-to-total-capital; the ratio has improved to 30.5% as of June 30, 2026
Slide 11: Why American Coastal?
11 Why American Coastal? Price/2026 Estimated EPS American Coastal Insurance Corp – 12.3x The Value Proposition US Commercial P&C Insurers – 13.6x Average US Specialty P&C Insurers – 14.5x Average Price to estimated earnings and price to book value trail both US Commercial P&C Insurers and US Specia
Slide 12: Consolidated Financial Results
12 Consolidated Financial Results $ in millions, except per sharedata Gross Premiums Earned $139 $165 (16.2)% $280 $328 (14.6)% SIX MONTHS ENDED Net Premiums Earned $70 $78 (11.1)% $135 $147 (7.8)% JUNE 30, 2026 Total Revenue $83 $86 (4.5)% $154 $159 (3.1)% Return on Equity Consolidated Net Income $
Slide 13: Select Balance Sheet Data
13 Select Balance Sheet Data $ in millions Total Investments $333 $355 Cash and Cash Equivalents $219 $199 Cash & Investments $650 $648 Total Assets $1,244 $1,073 Unpaid Losses & LAE $119 $166 Notes Payable $149 $149 Improving Capitalization = Total Liabilities $903 $755 Growth Opportunity Total Sto
Slide 14: Leadership Team
14 Leadership Team Deep underwriting expertise, ~50% insider ownership, and a proven record of managing through cycles. Dan Peed Brad Martz Lana Castle Troy Crawford Executive Chairman President & CEO CFO Chief Underwriting Founder & Former CEO Officer Full executive bios available at Investors.amco
Slide 15: In Summary
15 In Summary Disciplined, high-return, well-protected, aligned, and building growth. Leading Franchise Alignment & Capital The #1 admitted commercial-residential Book value +20.2% year-over-year as of insurer in Florida — profitable every year June 30, 2026, ~50% insider-owned, since 2007. special
Slide 16: Appendix: Financials & Reinsurance Structures
APPENDIX Financials & Reinsurance Structures
Slide 17: Extended Financial Snapshot
17 Extended Financial Snapshot Core EPS Revenue Combined Ratio FY 2025: $2.08 FY 2025: $335.4M FY 2025: 60.1% YTD Q2 2026: $0.72 YTD Q2 2026: $153.8M YTD Q2 2026: 70.3% Book Value / Share Core Return on Equity Underlying Combined Ratio YE 2025: $6.51 FY 2025: 35.2% FY 2025: 61.5% 6/30/2026: $7.21 YT
Slide 18: Compounding Book Value & Returning Capital
18 Compounding Book Value & Returning Capital Book value compounding ~43% over three years, aligned ownership and capital returned. Book Value per Share Alignment & Capital Return $8 ~50% owned by directors and officers. $7 $6 Special dividends of $0.50 (2024) and $0.75 (2025). $5 Debt-to-total-capi
Slide 19: Core CAT Reinsurance
19 Core CAT Reinsurance Catastrophe reinsurance 1st event coverage up to Named Windstorm Protection $1.7 billion Our core catastrophe reinsurance program provides from named or numbered windstorms protection against hurricanes and tropical storms. We focus on both frequency and severity, with an exh
Slide 20: All Other Reinsurance
20 All Other Reinsurance Comprehensive Coverage for All other perils catastrophe reinsurance Non-Named Windstorm Events $10 million We are exposed to losses outside of hurricane and Retention on the first and second event tropical storms and mitigate the volatility of these losses through two other
Slide 21: 1/1/26 AOP CAT Renewal Structure & Highlights
21 1/1/26 AOP CAT Renewal Structure & Highlights GAAP Structure Illustration Highlights AIR v11.5 RMS v23 277.8 yr 1,785.7 yr $100M Ground-Up All Other Perils Coverage of $100M $8.5M p/o $60M xs $40M Over-Placed at 5.47% • $10M net GAAP retention (inclusive of reinstatement premium) Shared Limit L3
Slide 22: 1/1/26 CAT Aggregate: Structure & Highlights
22 1/1/26 CAT Aggregate: Structure & Highlights Structure Illustration Highlights $60M $40M of coverage, triggered after $40M of Aggregate Loss $20M xs $0M xs $40M • Contributing Perils: Named natural perils (HU, SCS, WT, WF, EQ) 1 Free $1.5M Franchise Deductible • $20M Per Occurrence Cap Placed at
Slide 23: Excess Per Risk Program - Effective 4.1.26
23 Excess Per Risk Program - Effective 4.1.26 Structure Illustration Highlights $45M 4/1/26 Per Risk and Auto FAC Program • All Perils Coverage (excludes Named Storm) Auto-Fac • Retention: $4,250,000 $35M xs $10M • Deposit Premium: $3,812,500 2x Occ. Limit Free and Unlimited Reinst. • $35m xs $10m A
Slide 24: 6/1/26 Core CAT - Renewal Structure & Highlights
24 6/1/26 CORE CAT - Renewal Structure & Highlights GAAP Structure Illustration Highlights $1,721.1M Top & Drop $54M xs $1,095.6M SLRe: “Top” $54M xs $1,095.6M Covered Perils: All Catastrophe Perils All Perils – Nil; Plcd 55% All Perils – Nil; Plcd 45% $1,667.1M Layer 6: $200M xs $50M Armor Re II 20
Slide 25: Definitions of Non-GAAP Measures
25 Definitions of Non-GAAP Measures The Company believes that investors' understanding of ACIC's performance is enhanced by the Company's disclosure of the following non-GAAP measures. The Company's methods for calculating these measures may differ from those used by other companies and therefore co
Slide 26: Contact us
Contact us Investor Relations American Coastal Insurance Corp. Mr. Alexander Baty 570 Carillon Parkway, Suite 100 VP of Finance & Investor Relations Saint Petersburg, FL 33716 investorrelations@amcoastal.com (727) 425-8076 Transfer Agent Mr. Glen Akselrod Bristol Investor Relations Equiniti Trust Co
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