American Coastal Insurance Corporation · NASDAQ:ACIC
American Coastal Insurance — Q3 2026 Earnings Presentation
17 slides from American Coastal Insurance's earnings presentation, Oct 29, 2026
Slide 1: Earnings Presentation Third Quarter 2026
Earnings Presentation Third Quarter 2026 Quarter Ended September 30, 2026 NASDAQ: ACIC amcoastal.com
Slide 2: Forward-Looking Statements & Non-GAAP Measures
02 Forward-Looking Statements & Non-GAAP Measures This presentation and the accompanying remarks contain "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These forward looking statements include expectations regarding our diversification,
Slide 3: The Investment Case
03 The Investment Case ACIC is a disciplined, high-return specialty underwriter compounding book value through the cycle. Leading Franchise Alignment & Capital The #1 admitted commercial-residential Roughly 50% insider-owned, compounding insurer in Florida; profitable every year book value, and retu
Slide 4: The Leading Florida Franchise
04 The Leading Florida Franchise The #1 admitted commercial-residential insurer in Florida, profitable every year since 2007. A perpetual and exclusive agreement with AmRisc, the market leader in catastrophe exposed underwriting. ¹ How the business is built #1 ~4,628 AmCoastal — the balance-sheet ca
Slide 5: Third Quarter 2026 Financial Scorecard
05 Third Quarter 2026 Financial Scorecard Another profitable quarter: margin and returns continue to be strong despite the soft market cycle. Core EPS Core Return on Equity Combined Ratio $0.42 24.1% 64.7% 3Q-25: $0.61 3Q-25: 44.5% 3Q-25: 56.9% Book Value / Share Tangible Book Value / Share Underlyi
Slide 6: Managing the Cycle
06 Managing the Cycle We are prioritizing underwriting margin over top-line growth, and the returns show it is working. The market has been softening Our discipline is working Gross written premium up 3.2% year-over-year, on Underlying combined ratio held at 68.4%, an uptick from a ~26% decline in n
Slide 7: Third Quarter 2026 Results
07 Third Quarter 2026 Results Core income of $20.4M and a 68.4% underlying combined ratio, in line with our targets. Earnings Combined Ratio Reconciliation 3Q-26 3Q-25 3Q-26 3Q-25 Net premiums earned $65.5M $80.8M Net loss & LAE ratio 12.2% 11.4% Total revenue $70.7M $90.4M Net expense ratio 52.5% 4
Slide 8: Compounding Book Value & Returning Capital
08 Compounding Book Value & Returning Capital Book value compounding ~39% annually over three years, aligned ownership and capital returned. Book Value per Share Alignment & Capital Return ~50% owned by directors and officers. Special dividends of $0.50 (2024) and $0.75 (2025). Debt-to-total-capital
Slide 9: Strong Catastrophe Protection
09 Strong Catastrophe Protection A severe hurricane year is expected to be an earnings event, not a capital event. June 1, 2026 Renewal Outcome Managing Net Premiums ~$1.68B of total per-occurrence limit placed. Quota share cession stepped down from 20% to 15% effective June 1, 2025. Reinsurer panel
Slide 10: A Credible Path to Specialty E&S Growth
10 A Credible Path to Specialty E&S Growth Broadening beyond Florida, without chasing underpriced business. LIVE NOW 2027 Lever 1 — AmRisc E&S Participation Lever 2 — ACES & Skyway Platform Quota share supporting AmRisc's nationwide E&S ACES specialty carrier has received its Certificate of commerci
Slide 11: High-Quality Investment Portfolio
11 High-Quality Investment Portfolio A short-duration, high-quality portfolio adding steady, low-risk investment income. Asset composition ($M) 2.3 yrs 5.09% Portfolio duration Yield-to-Maturity 80.5% A Rated A Composite or higher rating Cash Fixed income Equities Other Total cash & investments of $
Slide 12: In Summary
12 In Summary Q3 confirms the case: disciplined, high-return, well-protected, aligned and building growth. Leading Franchise Alignment & Capital The #1 admitted commercial-residential Book value +15.5% year-over-year, ~50% insurer in Florida; profitable every year insider-owned, special dividends pa
Slide 13: Detailed Financials
13 Detailed Financials • Summary of key results • Operating overview • Balance sheet • Liquidity & book value trends • Investment portfolio • Pricing environment
Slide 14: 3Q-26 & YTD-26 Summary of Key Results
14 3Q-26 & YTD-26 Summary of Key Results The softening market has put pressure on margins, but we remain in line with our target. amcoastal.com NASDAQ: ACIC
Slide 15: 3Q-26 Operating Overview
15 3Q-26 Operating Overview The softening market continues to impact the book, but results remain strong. Revenue and earnings are under pressure as the market continues to soften. However, the Company will begin augmenting its existing book with its E&S initiatives on or about December 1, 2026, to
Slide 16: Balance Sheet Highlights
16 Balance Sheet Highlights Book value continues to grow, and liquidity remains strong. amcoastal.com NASDAQ: ACIC
Slide 17: Historical Pricing Environment
17 Historical Pricing Environment We continue to see pricing decrease but remain above historical mean and moving commensurate with reinsurance pricing. Generational Hard Market Normalized ROE amcoastal.com NASDAQ: ACIC
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