AmTrust Financial (AFSI) Reports Q4 Operating EPS of $0.38

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Go back to AmTrust Financial (AFSI) Reports Q4 Operating EPS of $0.38

AmTrust Financial Services, Inc. Reports Fourth Quarter 2016 Net Income Per Diluted Share of $0.57 and Operating Earnings Per Diluted Share(1)(2) of $0.38, Reflecting Strengthening of Reserves

February 27, 2017 6:30 AM EST

 Book Value Per Common Share(2) of $15.15, Up 17.4% Since December 31, 2015Fourth Quarter Return on Common Equity and Operating Return on Common Equity(1) of 15.7% and 10.5%, RespectivelyFull Year Return on Equity and Operating Return on Common Equity(1) of 17.1% and 19.0%, RespectivelyProvides Update on Anticipated Timing of 10-K Filing

Fourth Quarter and Full Year 2016 Highlights

Fourth quarter gross written premium of $1.91 billion and net earned premium of $1.22 billion, up 19% and 15%, respectively, from the fourth quarter 2015(1)Fourth quarter service and fee income of $151.0 million, up 26%... More