Reports Q4 revenue $242.96M, consensus $234.51M. Gross written premiums increased by 45.0% to $295.5 million compared to the fourth quarter of 2021. Net investment income increased by 106.7% to $17.7 million compared to the fourth quarter of 2021. "Our strong performance during the fourth quarter ended another year of exceptional operating results. Our fourth quarter results were underscored by premium growth of 45% and a combined ratio of 72.4% as we capitalized on favorable E&S market conditions while maintaining underwriting and expense discipline. We are confident that with the strength of our business model and financial position we will deliver another successful year in 2023," said President and CEO, Michael P. Kehoe.
Published first on TheFly
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