SHARPE
Reported results
- September 2026 net premiums written: $7,255 million (2% growth); net premiums earned: $7,160 million (5% growth)
- Third quarter 2026 net premiums written: $22,301 million (4% growth); net premiums earned: $21,869 million (5% growth)
- September 2026 net income: $630 million; diluted earnings per share: $1.08 (107% increase year-over-year)
- Third quarter 2026 net income: $2,542 million; diluted earnings per share: $4.37 (2% decrease year-over-year)
- September 2026 GAAP combined ratio: 90.0; third quarter 2026 GAAP combined ratio: 88.7
- Policies in force as of September 30, 2026: 40,489 thousand total (6% growth), including 39,237 thousand Personal Lines and 1,252 thousand Commercial Lines
Notes
Release contains monthly results for September 2026 and quarter-to-date results. Year-to-date 2026 net income: $8,671 million; year-to-date diluted EPS: $14.83. Book value per share as of September 30, 2026: $59.51. Third quarter investor relations conference call scheduled for November 3, 2026; Form 10-Q filing planned for November 2, 2026.
Price and volatility reaction
The stock moved -4.2% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -2.4 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 222.88 | 2026-10-13 |
| Close after release | 213.46 | 2026-10-14 |
| Realised move | -4.2% | close to close |
| 30d ATM IV change | -2.4 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-14 (8-K, Item 2.02). Read the original filing on sec.gov.