National General (NGHC) Tops Q3 EPS by 15c

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Go back to National General (NGHC) Tops Q3 EPS by 15c

National General Holdings Corp. Reports Third Quarter 2017 Results

November 8, 2017 4:07 PM EST

NEW YORK, Nov. 08, 2017 (GLOBE NEWSWIRE) -- National General Holdings Corp. (NASDAQ: NGHC) today reported third quarter 2017 net income of $46.2 million or $0.43 per diluted share, compared to net income of $19.9 million or $0.18 per diluted share in the third quarter of 2016. Third quarter 2017 operating earnings(1) was $26.6 million or $0.24 per diluted share, compared to $31.7 million or $0.29 per diluted share in the third quarter of 2016.

Third Quarter 2017 Highlights Versus Third Quarter 2016*

Gross written premium grew $249.3 million or 29.3% to $1,100.7 million, driven by added premiums from the acquisitions... More