Ategrity Specialty Insurance Co HoldingsASIC

NYSEFinanceFire, Marine & Casualty Insurance
Price (close)
$27.15
Market cap
$1.3B
P/E
12.2x
Revenue (TTM)
$516.9M
Net income
$106.8M
Dividend yield
—
1-year total return
40.7%
Net margin
20.7%
Revenue growth
36.6%
Debt / equity
—

What Ategrity Specialty Insurance Co Holdings does.

Ategrity Specialty Insurance Company Holdings is a specialty property and casualty insurance holding company dedicated exclusively to the excess and surplus (“E&S”) market for small to medium-sized businesses (“SMBs”) across the United States. Our underwriting operations are conducted through Ategrity Specialty Insurance Company, a Delaware-domiciled E&S insurer (“Ategrity Specialty”).

We underwrite small and medium-sized commercial risks across selected industry verticals, including Retail, Real Estate, Hospitality, and Construction. The SMB segment of the E&S market is characterized by a high volume of smaller-premium policies, where distribution partners expect speed, clarity, and consistency in the underwriting process. Our operating model uses a technology-driven method to standardize, simplify, and where appropriate, automate these transactions, which we call productionized underwriting . This method incorporates micro-segmentation, centralized underwriting governance, and automated workflows to promote consistent, disciplined execution across a high-volume of E&S transactions.

For the year ended December 31, 2025, we generated $581.5 million in gross written premiums and reported a combined ratio of 88.2%. As of December 31, 2025, stockholders’ equity was $614.3 million. Both Ategrity Specialty and Ategrity Specialty Insurance Limited (“Ategrity Limited”) hold an “A-” (Excellent) (Outlook Positive) financial strength rating from A.M. Best.

Revenue and profit, by fiscal year.

Fiscal year202320242025
Revenue—$343.8M$424.3M
Net income—$47.1M$74.0M
Free cash flow—$125.4M$140.7M

More on ASIC.

Figures from Ategrity Specialty Insurance Co Holdings's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.