Atlas Financial Holdings (AFH) Tops Q1 EPS by 1c

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Atlas Financial Holdings Announces 2018 First Quarter Financial Results

May 7, 2018 4:05 PM EDT

Company to Hold Conference Call on Tuesday, May 8, 2018 at 8:30 a.m. ET

First Quarter 2018 Financial Performance Summary (comparisons to First Quarter 2017 unless noted):

Gross premiums written decreased by 3.0% to $95.6 million In-force premium increased 7.4% to $274.6 million Total revenue increased by 14.8% to $57.2 million Underwriting income for the first quarter 2018 was $6.0 million, compared to $6.3 million The combined ratio for the first quarter 2018 was 89.3%, compared to 86.9% Net income for the first quarter 2018 was $5.5 million, or $0.45... More