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Accelerant Holdings (ARX)
NYSE: ARX · Real-Time Price · USD
10.63
-0.27 (-2.43%)
Mar 11, 2026, 12:31 PM EDT - Market open

Net Premiums Written

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period Ending
Sep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18
Direct Written Premiums
2.99B2.64B1.61B
Direct Written Premiums Growth
13.22%64.15%33.95%
Assumed Written Premiums
383.70M266.30M89.50M
Assumed Written Premiums Growth
44.09%197.54%-
Ceded Written Premiums
-3.06B-2.65B-1.51B

Net Premiums Earned

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period Ending
Sep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18
Direct Earned Premiums
2.61B2.10B1.30B
Direct Earned Premiums Growth
24.26%61.27%67.35%
Assumed Earned Premiums
270.20M127.90M14.90M
Assumed Earned Premiums Growth
111.26%758.39%-
Ceded Earned Premiums
-1.53B-2.01B-1.21B

Revenue Breakdown

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period Ending
Sep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18
Exchange Services Revenues
305.10M222.70M123.30M
Exchange Services Revenues Growth
37.00%80.62%21.00%
MGA Operations Revenue
233.10M149.70M112.10M
MGA Operations Revenue Growth
55.71%33.54%87.14%
Underwriting Revenue
404.00M341.10M201.30M
Underwriting Revenue Growth
18.44%69.45%63.13%
Corporate and Other Revenue
18.40M20.70M6.10M
Corporate and Other Revenue Growth
-11.11%239.34%74.29%
Eliminations from Revenue
-142.40M-131.60M-98.80M
Revenue (Other)
37.00M--
Revenue (Total)
855.20M602.60M344.00M
Revenue (Total) Growth
41.92%75.17%57.08%

Revenue by Geography

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period Ending
Sep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18
North America Revenue
469.20M399.20M201.90M
North America Revenue Growth
17.54%97.72%99.90%
UK and EU Revenue
349.00M203.40M142.10M
UK and EU Revenue Growth
71.58%43.14%20.42%
Revenue (Other)
37.00M--
Revenue (Total)
855.20M602.60M344.00M
Revenue (Total) Growth
41.92%75.17%57.08%

Revenue Breakdown 2

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period Ending
Sep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18
Ceding Commission Income
326.70M249.50M164.20M
Ceding Commission Income Growth
30.94%51.95%270.65%
Direct Commission Income
122.90M66.70M37.60M
Direct Commission Income Growth
84.26%77.39%8.99%
Net Earned Premiums
275.00M226.60M105.10M
Net Earned Premiums Growth
21.36%115.60%-25.57%
Net Investment Income
46.10M38.90M19.30M
Net Investment Income Growth
18.51%101.55%642.31%
Net Realized Gains on Investments
6.30M1.90M500.00K
Net Realized Gains on Investments Growth
231.58%280.00%-
Net Unrealized (Losses) Gains on Investments
41.20M19.00M17.30M
Net Unrealized (Losses) Gains on Investments Growth
116.84%9.83%5666.67%
Revenue (Total)
855.20M602.60M344.00M
Revenue (Total) Growth
41.92%75.17%57.08%

Adjusted EBITDA

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period Ending
Sep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18
Exchange Services Adjusted EBITDA
207.50M157.70M87.10M
Exchange Services Adjusted EBITDA Growth
31.58%81.06%15.21%
MGA Operations Adjusted EBITDA
107.50M44.10M31.50M
MGA Operations Adjusted EBITDA Growth
143.76%40.00%331.51%
Underwriting Adjusted EBITDA
27.20M-20.90M-3.40M
Corporate and Other Adjusted EBITDA
-42.80M-15.80M-25.60M
Eliminations from Adjusted EBITDA
-62.00M-52.10M-53.50M
Operating Income (Total)
113.30M39.00M-29.50M
Operating Income (Total) Growth
190.51%--

Key Performance Indicators

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period Ending
Sep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18
Number of Independent Members
220.00M170.00M114.00M
Number of Independent Members Growth
29.41%49.12%62.86%
Number of Mission Members
30.00M30.00M25.00M
Number of Mission Members Growth
-20.00%66.67%
Number of Owned Members
15.00M17.00M16.00M
Number of Owned Members Growth
-11.77%6.25%-
Total Number of Members
265.00M217.00M155.00M
Total Number of Members Growth
22.12%40.00%53.46%
Number of MGA Operations Members
45.00M47.00M41.00M
Number of MGA Operations Members Growth
-4.25%14.63%32.26%
Net Revenue Retention
135.00%153.00%133.00%
Accelerant Direct Written Premium
-84.00%90.00%
Third-Party Direct Written Premium
-16.00%10.00%
Accelerant-Retained Exchange Premium
7.00%8.00%11.00%
Independent Members - Exchange Written Premium
2.82B2.18B1.15B
Independent Members - Exchange Written Premium Growth
29.41%90.21%42.63%
Mission Members - Exchange Written Premium
711.80M530.50M311.60M
Mission Members - Exchange Written Premium Growth
34.17%70.25%63.06%
Owned Members - Exchange Written Premium
455.40M397.50M329.40M
Owned Members - Exchange Written Premium Growth
14.57%20.67%59.98%
Total Exchange Written Premium
3.99B3.11B1.79B
Total Exchange Written Premium Growth
28.32%73.92%48.85%
Net Loss Ratio - Underwriting
-73.80%76.40%
Updated Sep 30, 2025. Data Source: Fiscal.ai.