National General (NGHC) Misses Q2 EPS by 10c

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National General Holdings Corp. Reports Second Quarter 2015 Results

August 3, 2015 4:05 PM EDT

NEW YORK, Aug. 3, 2015 (GLOBE NEWSWIRE) -- National General Holdings Corp. (Nasdaq: NGHC) today reported second quarter 2015 operating earnings(1) of $35.1 million or $0.36 per diluted share, compared to $34.1 million or $0.36 per diluted share in the second quarter of 2014. Net income was $33.8 million or $0.35 per diluted share, compared to $30.3 million or $0.32 per diluted share in the second quarter of 2014.

Second Quarter 2015 Highlights Versus Second Quarter 2014*

Net written premium grew by $30.1 million or 7.2% to $448.6 million, driven by the run-off of our third-party quota share treaty, additional premiums from acquisitions... More