AMERICAN COASTAL INSURANCE Corp
ACIC · XNASCIK 1401521fmd_1S0PAAS47QH88S84YG423J48EGFinance, Insurance and Real Estate · Fire, Marine & Casualty InsuranceTemplate: Insurance
Coverage: Jan 01, 2009 to Sep 30, 2026, 68 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 487 | 654 | 724 | 825 | 847 | 229 | 222 | 264 | 297 | 335 |
| Net premiums earned | 457 | 585 | 689 | 752 | 766 | 221 | 223 | 262 | 274 | 307 |
| Net investment income | 11 | 18 | 27 | 31 | 25 | 7 | 6 | 8 | 21 | 23 |
| Realized investment gains (losses) | 1 | 0 | 2 | 1 | 67 | 0 | (7) | (7) | (0) | 1 |
| Provision for credit losses | – | – | – | – | (0) | (0) | – | – | – | – |
| Losses and loss adjustment expenses | 298 | 366 | 409 | 499 | 608 | 89 | 96 | 47 | 69 | 46 |
| Policy acquisition costs | 118 | 175 | 203 | 238 | 236 | 93 | 81 | 75 | 71 | 98 |
| Total operating expenses | 21 | 28 | 41 | 44 | – | – | – | – | – | – |
| Compensation and benefits | – | – | – | – | – | – | 14 | 14 | 15 | 15 |
| Operating income | 7 | 1 | (4) | (33) | (132) | (11) | (9) | 94 | 100 | 140 |
| Interest expense | 1 | 3 | 10 | 10 | 10 | 9 | 9 | 11 | 12 | 11 |
| Other non-operating income (expense) | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 2 | 2 | 2 |
| Income before taxes | 7 | 1 | (4) | (33) | (132) | (10) | 2 | 96 | 102 | 143 |
| Income tax expense | 1 | (9) | (5) | (3) | (37) | (7) | 26 | 11 | 25 | 36 |
| Net income from continuing operations | 6 | 10 | 0 | (29) | (95) | (4) | (25) | 85 | 76 | 107 |
| Net income | 6 | 10 | 0 | (30) | (96) | (58) | (470) | 310 | 76 | 107 |
| Net income to common shareholders | 6 | 10 | – | – | – | – | – | – | – | – |