Amerisafe posts slightly improved combined ratio, underwriting profit dips
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Amerisafe posts slightly improved combined ratio, underwriting profit dips

Giovanna Bellotti Azevedo
October 27, 2021
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AMERISAFE LOGO EARNINGS.jpg

Workers’ compensation insurer Amerisafe said that strong renewal retention and new business opportunities in a declining rate environment helped boost earnings, driving the carrier’s combined ratio down 1.3 points.

The Louisiana-based company reported a combined ratio of 71.5%, down from 72.8% in the prior-year period.

Pre-tax underwriting profit, nevertheless, dipped 5.2%

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