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Amerisafe Inc (AMSF)

Amerisafe Inc (AMSF)
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Amerisafe, Inc. is a specialty provider of workers' compensation insurance, which markets & underwrites its insurance through subsidiaries. Workers' compensation insurance covers statutorily prescribed benefits that employers are obligated to provide to employees injured in the course & scope of their employment. The company focuses on providing coverage to small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging, agriculture, oil & gas, maritime and sawmills. Its workers' compensation insurance policies provide benefits to injured employees primarily for temporary or permanent disability, death, medical and hospital expenses. Amerisafe operates through 3 insurance subsidiaries: American Interstate Insurance Company of Nebraska & Texas and Silver Oak Casualty in Louisiana. Besides its voluntary workers' compensation business, the company underwrites workers' compensation policies for employers & assumes reinsurance premiums from mandatory pooling arrangements.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 309,040 306,850 294,740 315,930 339,480
Sales Growth +0.71% +4.11% -6.71% -6.94% -8.34%
Net Income 55,440 62,110 55,600 65,760 86,600
Net Income Growth -10.74% +11.71% -15.45% -24.06% -6.57%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 1,157,790 1,229,160 1,269,280 1,402,720 1,470,860
Total Assets Growth -5.81% -3.16% -9.51% -4.63% -1.48%
Total Liabilities 900,450 936,710 951,850 1,003,400 1,032,040
Total Liabilities Growth -3.87% -1.59% -5.14% -2.78% -2.88%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 24,190 29,840 28,190 37,980 63,400
Operating Cash Flow Growth -18.93% +5.85% -25.78% -40.09% -19.56%
Net Cash Flow 5,360 -22,790 -9,250 8,970 17,940
Change in Net Cash Flow +123.52% -146.38% -203.12% -50.00% +417.00%
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