Welcome to our dedicated page for Amerisafe news (Ticker: AMSF), a resource for investors and traders seeking the latest updates and insights on Amerisafe stock.
Amerisafe Inc (AMSF) delivers specialized workers' compensation insurance solutions for high-risk industries. This news hub provides investors and industry professionals with essential updates on the company developments shaping workplace safety and risk management strategies.
Access timely press releases covering earnings reports, regulatory compliance changes, and operational expansions. Discover analysis of AMSF's underwriting innovations in construction, trucking, and logging sectors, along with strategic partnerships impacting hazardous industry coverage.
The repository includes quarterly financial disclosures, leadership announcements, and insights into loss prevention initiatives. Bookmark this page for structured updates on Amerisafe's market positioning and its responses to evolving industry challenges.
AMERISAFE (Nasdaq: AMSF) reported its Q2 2024 results, showing mixed performance. Net premiums earned increased by 4.6% to $68.6 million, while net income decreased by 29.7% to $11 million. The company's gross premiums written grew by 6.6% to $76.4 million, driven by new business generation, strong retention, and increased audit premiums. However, the net combined ratio rose to 90.5% from 85.4% in Q2 2023. AMERISAFE maintained a strong underwriting profit of $6.5 million, despite a 31.2% decrease from the previous year. The company's book value per share declined by 11.1% to $15.78. AMERISAFE continued its capital management initiatives, repurchasing shares and increasing its quarterly dividend by 8.8% to $0.37 per share.
AMERISAFE (Nasdaq: AMSF), a provider of workers' compensation insurance in high-risk industries, has been named to Ward's 50 top-performing property-casualty companies for the 16th consecutive year. This award, covering the period from 2019-2023, recognizes exceptional financial achievements in safety, consistency, and performance. AMERISAFE's President and CEO, Janelle Frost, commended the team for their remarkable efforts in securing this recognition, highlighting the company’s sustained excellence and commitment to high standards.
AMERISAFE (Nasdaq: AMSF), a provider of workers' compensation insurance for high-hazard industries, will release its 2024 second quarter results on Monday, July 29, 2024, after market close. The company will also conduct a conference call and live webcast on Tuesday, July 30, 2024, at 10:30 AM Eastern Time. Investors can access the webcast via the company's website, and an archive will be available for 60 days post-call.
FAQ
What is the current stock price of Amerisafe (AMSF)?
What is the market cap of Amerisafe (AMSF)?
