American Integrity Insurance Group, Inc., a Tampa-based property and casualty insurance holding company, has reported gross premiums written (GPW) of $220 million for the first quarter of 2026, up 3.7% from $212.2 million in the same period a year earlier.
The company attributed the increase in GPW to growth in its Voluntary Market writings, reflecting higher levels of new and renewal business.
In Q1’26, gross premiums earned increased 9.8% to $230.8 million from $210.2 million in Q1’25, while net premiums earned rose 25.7% to $82.2 million from $65.4 million.
Net investment income climbed 37.8% to $5.7 million from $4.1 million, driven by higher invested assets resulting from increased in-force premiums and proceeds from the company’s IPO.
Total revenues for the quarter increased 26.5% to $90.9 million from $71.9 million.
American Integrity posted a combined ratio of 75.0%, compared to 42.9% in the first quarter of 2025.
Losses and loss adjustment expenses increased 52.1% to $31.7 million versus $20.9 million. The loss ratio rose to 37.3% from 30.9%, reflecting the impact of the Citizens take-out windfall on net premiums earned for the three months ended March 31, 2025. Meanwhile, the expense ratio increased to 37.6% from 12.0%.
Net income available to common shareholders totalled $19.9 million, down 47.7% from $35.9 million.
As of March 31, 2026, total policies in-force were 437,308, an increase of 14.1% compared to 383,332 as of March 31, 2025.
Robert Ritchie, Chief Executive Officer, commented, “We are very pleased with our performance in the first quarter of 2026, which reflects a strong start to the year and continued momentum in our core business. Our results are increasingly being driven by voluntary production, providing a more durable and repeatable foundation for growth as we move forward. We are also seeing meaningful traction across our strategic growth initiatives, including our re-entry into the Tri-County market, our expansion back into the middle-aged home market, and the early development of our commercial residential product – areas where we believe we have a clear competitive advantage. At the same time, we remain focused on disciplined execution, underwriting quality, and maintaining a balanced reinsurance program, and with a strong balance sheet and multiple growth opportunities, we believe we are well positioned to continue delivering consistent, profitable growth over time.”
