National General (NGHC) Tops Q4 EPS by 7c

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Go back to National General (NGHC) Tops Q4 EPS by 7c

National General Holdings Corp. Reports Fourth Quarter 2016 Results

February 27, 2017 7:01 AM EST

NEW YORK, Feb. 27, 2017 (GLOBE NEWSWIRE) -- National General Holdings Corp. (NASDAQ: NGHC) today reported fourth quarter 2016 net income of $30.9 million or $0.28 per diluted share, compared to $13.7 million or $0.13 per diluted share in the fourth quarter of 2015. Fourth quarter 2016 operating earnings(1) was $32.6 million or $0.30 per diluted share, compared to $42.3 million or $0.39 per diluted share in the fourth quarter of 2015.

Fourth Quarter 2016 Highlights Versus Fourth Quarter 2015*

Net written premium grew $122.4 million or 19.8% to $740.5 million, driven by added premiums from the acquisitions of Direct General... More