AmTrust Financial (AFSI) Tops Q4 EPS by 15c

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AmTrust Financial Services, Inc. Reports Outstanding Operating Earnings for Fourth Quarter with Operating Earnings(1) Per Diluted Share Rising 17.7% to $1.46 and Net Income of $0.88 Per Diluted Share

February 11, 2015 7:00 AM EST

Financial Highlights

Fourth Quarter 2014

Gross written premium of $1.46 billion, up 37.9%, and net earned premium of $908.2 million, up 28.4% from the fourth quarter 2013 Operating diluted EPS(1) of $1.46 ($0.12 attributable to gain on life settlements) compared to $1.24 ($0.03 attributable to gain on life settlements) in the fourth quarter 2013 Annualized operating return on common equity(1) of 27.7% and annualized return on common equity of 16.7% Service and fee income of $101.7 million, up 9.4% from the fourth quarter 2013 Operating earnings(1) of $118.5 million compared to $98.5 million from the fourth quarter 2013 Net income attributable to common stockholders of $71.6 million... More