Adjusted earnings per share of $1.30 beat the consensus estimate of $1.14 by $0.16 in Q1 2026.
Revenue reached $3.69 billion, surpassing the $3.18 billion forecast and marking a 4.0% increase from $3.55 billion a year earlier period.
Operating income hit $514.3 million, up 22.5% YoY, delivering a 21.2% return on equity and improving the combined ratio to 90.7% from 90.9%.
The company returned $336.1 million to shareholders via $302.4 million share repurchases (≈4.5 million shares) and $33.7 million dividends, lifting the stock in 2.2% on trading.