National General (NGHC) Tops Q1 EPS by 10c

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Go back to National General (NGHC) Tops Q1 EPS by 10c

National General Holdings Corp. Reports First Quarter 2016 Results

May 2, 2016 4:30 PM EDT

NEW YORK, May 02, 2016 (GLOBE NEWSWIRE) -- National General Holdings Corp. (NASDAQ: NGHC) today reported first quarter 2016 operating earnings(1) of $53.7 million or $0.50 per diluted share, compared to $43.0 million or $0.45 per diluted share in the first quarter of 2015. Net income was $52.7 million or $0.49 per diluted share, compared to $41.7 million or $0.43 per diluted share in the first quarter of 2015. 

First Quarter 2016 Highlights Versus First Quarter 2015*

Net written premium grew $233.2 million or 45.6% to $744.6 million, driven by added premiums from the National General Lender Services (formerly QBE Lender-Placed... More