National General (NGHC) Tops Q2 EPS by 2c

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Go back to National General (NGHC) Tops Q2 EPS by 2c

National General Holdings Corp. Reports Second Quarter 2016 Results

August 1, 2016 5:15 PM EDT

NEW YORK, Aug. 01, 2016 (GLOBE NEWSWIRE) -- National General Holdings Corp. (NASDAQ: NGHC) today reported second quarter 2016 net income of $44.3 million or $0.41 per diluted share, compared to $33.8 million or $0.35 per diluted share in the second quarter of 2015. Second quarter 2016 operating earnings(1) was $46.4 million or $0.43 per diluted share, compared to $36.1 million or $0.38 per diluted share in the second quarter of 2015.

Second Quarter 2016 Highlights Versus Second Quarter 2015*

Net written premium grew $249.7 million or 55.7% to $698.3 million, driven by added premiums from the acquisition of Century-National which closed on June 1, 2016,... More