Atlas Financial Holdings (AFH) Reports Q4 Loss of $3.48, Revenues Miss
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Atlas Financial Holdings Announces Unaudited Fourth Quarter 2018 Financial Results
March 4, 2019 4:06 PM ESTCompany to Hold Conference Call on Monday, March 4, 2019 at 5:00 p.m. ET
Fourth Quarter 2018 Financial Performance Summary:
Gross premiums written were $57.7 million for the three months ended December 31, 2018 compared to $54.2 million for the three months ended December 31, 2017. Total revenue was $52.1 million for the three months ended December 31, 2018, a decrease of 11.7% from $59.0 million for the three months ended December 31, 2017. Underwriting loss was $39.6 million in fourth quarter 2018 compared to $69.1 million in fourth quarter 2017. The combined ratio was 175.5% in fourth quarter 2018 compared to... More