National General (NGHC) Tops Q1 EPS by 9c

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National General Holdings Corp. Reports First Quarter 2019 Results

May 6, 2019 4:06 PM EDT

NEW YORK, May 06, 2019 (GLOBE NEWSWIRE) -- National General Holdings Corp. (Nasdaq: NGHC) reported record first quarter 2019 net income of $83.9 million or $0.72 per diluted share, compared to net income of $60.3 million or $0.55 per diluted share in the first quarter of 2018. First quarter 2019 operating earnings (non-GAAP)(1) was $89.7 million or $0.77 per diluted share compared to $67.6 million or $0.62 per diluted share in the first quarter of 2018.

First Quarter 2019 Highlights Versus First Quarter 2018*

Gross written premium grew $67.2 million or 5.0% to $1,404.2 million,... More