American Integrity Insurance Group, Inc., a Tampa-based property and casualty insurance holding company, reported first-quarter 2026 gross written premiums (GPW) of $220 million, an increase of 3.7% from $212.2 million in the prior-year period.
The company attributed the increase in total gross margin to growth in its voluntary market writings, reflecting higher levels of new and renewal business.
Gross premiums earned increased 9.8% to $230.8 million in 1Q26 from $210.2 million in 1Q25, while net premiums earned increased 25.7% to $82.2 million from $65.4 million.
Net investment income climbed 37.8% to $5.7 million from $4.1 million as investment assets increased due to higher in-force premiums and the company’s IPO proceeds.
Total revenue for the quarter increased 26.5% to $90.9 million from $71.9 million.
American Integrity’s combined ratio was 75.0%, compared with 42.9% in the first quarter of 2025.
Loss and loss adjustment expenses increased 52.1% from $20.9 million to $31.7 million. The loss ratio rose to 37.3% from 30.9%, reflecting the impact of Citizen’s takeaway windfall on net premiums for the three months ended March 31, 2025. At the same time, the expense ratio increased from 12.0% to 37.6%.
Net profit available to common shareholders totaled US$19.9 million, a decrease of 47.7% from US$35.9 million.
As of March 31, 2026, the total number of policies in force was 437,308, an increase of 14.1% from 383,332 as of March 31, 2025.
Chief Executive Officer Robert Ritchie commented: “We are confident that 2026 “We are very pleased with our first quarter results, which reflect a strong start to the year and continued momentum in our core business. Our results are increasingly driven by voluntary production, providing a more sustainable and repeatable foundation for our growth going forward. We also see meaningful traction in our strategic growth plans, including re-entering the tri-county market and re-expanding into mid-life homes.” residential markets as well as early development of our commercial properties. Residential products – We believe we have clear competitive advantages in these areas. 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 to deliver sustained profitable growth over time.”
