AmTrust Financial (AFSI) Tops Q1 EPS by 14c
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AmTrust Financial Services, Inc. Reports First Quarter 2015 Operating Earnings (1) Per Diluted Share Increased 16.9% to $1.45 and Net Income Per Diluted Share Was $1.85
May 5, 2015 7:01 AM EDTFinancial Highlights
First Quarter 2015
Gross written premium of $1.73 billion, up 16.0% after excluding from first quarter 2014 the impact of $174 million of non-recurring gross written premium related to the Cut Through Reinsurance Agreement with Tower Group International, Ltd. Net earned premium of $949.4 million, up 14.5% from first quarter 2014 Operating diluted EPS(1) of $1.45 ($0.07 attributable to gain on life settlements) compared to $1.24 ($0.02 attributable to gain on life settlements) in the first quarter 2014 Diluted EPS of $1.85 compared with $1.27 in the first quarter 2014 Annualized operating return on common equity(1) of 26.1% and annualized return on... MoreAmTrust Financial Services, Inc. Reports First Quarter 2015 Operating Earnings (1) Per Diluted Share Increased 16.9% to $1.45 and Net Income Per Diluted Share Was $1.85
May 5, 2015 7:00 AM EDTFinancial Highlights
First Quarter 2015
Gross written premium of $1.73 billion, up 16.0% after excluding from first quarter 2014 the impact of $174 million of non-recurring gross written premium related to the Cut Through Reinsurance Agreement with Tower Group International, Ltd. Net earned premium of $949.4 million, up 14.5% from first quarter 2014 Operating diluted EPS(1) of $1.45 ($0.07 attributable to gain on life settlements) compared to $1.24 ($0.02 attributable to gain on life settlements) in the first quarter 2014 Diluted EPS of $1.85 compared with $1.27 in the first quarter 2014 Annualized operating return on common equity(1) of 26.1% and annualized return on... More