Presurance Q4 Premiums Drop 41.9% to $7.95M as Personal Lines Rise 12.7%
Presurance’s Q4 2025 gross written premiums fell 41.9% to $7.95 million after commercial lines production dropped to zero while personal lines climbed 12.7% year-over-year. The company reported a $17.0 million net loss ($1.39 loss per diluted share) as combined ratio surged to 333.5%.
1. Q4 Financial Results
For the quarter ended December 31, 2025, gross written premiums declined 41.9% to $7.946 million from $13.683 million a year earlier. Net earned premiums dropped 55.2% to $5.687 million and the net loss allocable to common shareholders narrowed to $17.041 million (–$1.39 per diluted share).
2. Shift to Personal Lines
Commercial lines generated zero premium production in Q4 as the company completed its exit from underperforming legacy business. Personal lines accounted for 100% of gross written premiums and grew 12.7% year-over-year, reflecting a strategic focus on homeowners policies.
3. Full Year Performance and Outlook
For 2025, gross written premiums fell 17.0% to $59.840 million and net loss reached $18.438 million (–$1.51 per share), driving book value per share down to $0.73 from $1.76. Management plans to concentrate exclusively on select personal lines to streamline risk and improve underwriting returns.