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Pelagos Insurance Capital Reports Second Quarter 2026 Results

$PLGOPress releaseAug 12, 2026, 4:15 PM ETRead the release

Pelagos Insurance Capital reported Q2 2026 gross premiums written of $1.3 billion, up 6.4% year-over-year, while the combined ratio improved 4 points to 99.5%. Net income for the quarter was $44.4 million, or $0.52 per diluted share, compared to $19.7 million in the prior year period, supported by favorable prior year reserve development.

Key figures

Eps
0.52
Revenue
1296800000
Revenue Yoy
6.4%
Net income
44400000
Operating eps
0.34
Combined ratio
99.5%
Share repurchases
60100000
Dividend per share
0.15
Book value per share
26.56
Operating net income
28700000

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.