Janelle Frost

“With me on the call today is Guillermo Ramos, our Chief Financial Officer, and Vincent Gagliano, our Chief Risk Officer. We appreciate your interest in AmeriSafe and look forward to discussing our second quarter 2026 results.”

“We are pleased with our solid start to 2026, marked by continued growth, disciplined execution, and attractive underwriting performance. During the quarter, we grew net premiums earned by 9%.”

“We are pleased to close out 2025 with a strong ROE of 18.5% and a combined ratio of 91.3%. These returns are hard fought in a competitive environment. We are in a prolonged soft market with workers' compensation carriers facing 12 consecutive years of rate decline.”

“We are pleased that our growth strategy in this competitive market is yielding a healthy 20.5% return on average equity and a 90.6% combined ratio for the quarter.”

“I am pleased to begin today's call highlighting our continued success in growing premiums by increasing policy count, exhibiting pricing discipline, and strong renewal retention.”