Reports Q2 revenue $469.8M, consensus $436.25M. Gross written premiums increased by 4.9% to $555.5 million compared to the second quarter of 2024. Net investment income increased by 29.6% to $46.5 million compared to the second quarter of 2024. Book value per share was $73.93 at June 30, 2025 compared to $63.75 at December 31, 2024. “In the second quarter our business produced record per share net income and net operating earnings as we continue to execute our strategy of disciplined underwriting and technology-enabled expense management. Moving forward, we have confidence in our ability to continue generating long-term value for stockholders throughout the market cycle,” said Chairman and Chief Executive Officer, Michael P. Kehoe.
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