Presurance net income rises 23.6% to $2.54 million in Q2 FY26; gross written premiums drop 38% to $13.07 million - PRHI News | RalliesPresurance net income rises 23.6% to $2.54 million in Q2 FY26; gross written premiums drop 38% to $13.07 million
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PRHI• Q2 FY26 results
- Presurance Holdings posted Q2 net income of USD 2.54 million, up 23.6% year over year, with EPS falling 42.4% to USD 0.68.
- Combined ratio narrowed 51.6 percentage points to 69.5%, helped by 31 percentage points of net favorable prior-year reserve development.
- Gross written premiums dropped 38% to USD 13.07 million; net earned premiums fell 28.8% to USD 6.81 million.
- Adjusted operating income (non-GAAP) swung to USD 1.32 million from a loss; CEO Brian Roney cited stronger underwriting and claims management.
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