American Coastal Insurance Q1 2025 Update
Ticker: ACIC · Form: 10-Q · Filed: May 8, 2025 · CIK: 1401521
| Field | Detail |
|---|---|
| Company | American Coastal Insurance CORP (ACIC) |
| Form Type | 10-Q |
| Filed Date | May 8, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, insurance, financials
TL;DR
ACIC Q1 2025: $100M assets, $48.5M liabilities, $13.1M net premiums earned. Solid.
AI Summary
American Coastal Insurance Corp. filed its 10-Q for the period ending March 31, 2025. The company reported total assets of $100,000,000 and total liabilities of $48,520,549 as of March 31, 2025. For the three months ended March 31, 2025, the company had net premiums earned of $13,120,000.
Why It Matters
This filing provides a snapshot of American Coastal Insurance's financial health and operational performance for the first quarter of 2025, which is crucial for investors and stakeholders to assess the company's stability and growth prospects.
Risk Assessment
Risk Level: medium — The company's financial performance and market conditions in the insurance sector present inherent risks.
Key Numbers
- $100.0M — Total Assets (As of March 31, 2025)
- $48.5M — Total Liabilities (As of March 31, 2025)
- $13.1M — Net Premiums Earned (For the three months ended March 31, 2025)
Key Players & Entities
- AMERICAN COASTAL INSURANCE Corp (company) — Filer
- 20250331 (date) — Reporting Period End Date
- 20250508 (date) — Filing Date
- 100,000,000 (dollar_amount) — Total Assets as of March 31, 2025
- 48,520,549 (dollar_amount) — Total Liabilities as of March 31, 2025
- 13,120,000 (dollar_amount) — Net Premiums Earned for the three months ended March 31, 2025
FAQ
What were American Coastal Insurance's total revenues for the first quarter of 2025?
The filing indicates net premiums earned of $13,120,000 for the three months ended March 31, 2025, but does not explicitly state total revenues.
What is the company's net income or loss for the period ending March 31, 2025?
The provided excerpt does not contain information on net income or loss for the period.
How has the company's financial position changed compared to the previous fiscal year-end?
Total assets were $100,000,000 and total liabilities were $48,520,549 as of March 31, 2025, compared to $100,000,000 in assets and $48,417,045 in liabilities as of December 31, 2024.
What are the company's primary business segments?
The filing lists the Standard Industrial Classification as FIRE, MARINE & CASUALTY INSURANCE [6331], indicating its primary business is in property and casualty insurance.
What was the company's cash flow from operations for the first quarter of 2025?
The provided excerpt does not contain information on the company's cash flow from operations.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 8, 2025 regarding AMERICAN COASTAL INSURANCE Corp (ACIC).