Presurance Holdings, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $28.9M
- Price
- $7.80
- % Change (Daily % change from the live per-ticker quote feed.)
- +7.59%
- Volume
- 10.2K
About
Presurance Holdings, Inc. is an insurance holding company that specializes in underwriting and providing niche property and casualty insurance solutions. These offerings encompass residential coverage like homeowners and dwelling fire policies, as well as liability protection, catering to the needs of both private individuals and small to mid-sized commercial enterprises.
Quick stats
Shares outstanding3.7M
Computed float488.4K
Float / shares13.2%
Key info
SectorFinancial Services
IndustryInsurance - Property & Casualty
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001502292
Websitehttps://ir.prehld.com
AI Summary
AI-generated1/4
majorbullishearnings
Presurance Holdings Reports 2026 Second Quarter Financial Results
Presurance Holdings reported a significant turnaround in the second quarter, with net income doubling to $5.2 million for the first half of the year and the combined ratio improving drastically to 86.4% from 131.2% in the prior year period.
The improved profitability was driven by disciplined underwriting and a strategic exit from commercial lines, though this shift resulted in a 38% year-over-year decline in gross written premiums.
Management highlighted that the new strategy prioritizes earnings quality over scale, supported by a favorable loss ratio of 24.6% and a book value of $7.41 per share.
Red flags
- Gross written premiums declined 38% year-over-year due to strategic exit from commercial lines
- Q2 combined ratio benefited from 31 percentage points of favorable prior year reserve development