American Integrity Insurance Group Reports 48.5% Increase in Gross Premiums for Q3 2025

American Integrity Insurance Group, Inc. reported significant financial growth in its latest quarterly filing, with gross premiums written reaching $239.1 million for the three months ended September 30, 2025, a 48.5% increase from $160.9 million in the same period last year. For the nine months ended September 30, 2025, gross premiums written totaled $738.2 million, up 39.3% from $530.1 million in 2024. The company’s net income for the third quarter was $13.2 million, compared to $4.5 million in the prior year, reflecting a substantial increase in profitability. The earnings per share for the quarter were reported at $0.67, up from $0.33 a year earlier.

The company’s financial performance was bolstered by its strategic participation in the Citizens Property Insurance Corporation's take-out program, which allowed it to assume a significant number of policies. As of September 30, 2025, American Integrity had 406,094 policies in force, a 48.6% increase from 273,222 policies a year prior. This growth was complemented by a rise in net investment income, which increased by 83.8% to $6.9 million for the quarter, driven by higher invested assets following the company's initial public offering (IPO) in May 2025.

Operationally, American Integrity has expanded its geographic footprint beyond Florida, with a presence in South Carolina and Georgia, where it has begun to establish relationships with builder agencies. The company’s total assets increased to $1.43 billion as of September 30, 2025, up from $1.20 billion at the end of 2024. This growth was accompanied by a rise in total shareholders' equity, which reached $315.9 million, compared to $162.4 million at the end of the previous fiscal year.

The filing also highlighted the company's ongoing efforts to enhance its internal controls following the identification of material weaknesses in its financial reporting processes. Management is actively working on remediation plans, including hiring additional personnel and implementing new training programs. The company remains optimistic about its future growth prospects, citing favorable market conditions and legislative reforms in Florida that have improved the operating environment for property insurers.

Looking ahead, American Integrity anticipates continued growth driven by its strategic initiatives and market expansion. However, the company acknowledges potential risks, including the unpredictability of catastrophic events and the impact of regulatory changes on its operations. The management remains focused on maintaining a strong financial position while navigating these challenges to achieve long-term profitability.