National General Holdings Corp. Reports 2019 Results
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National General (NGHC) Tops Q4 EPS by 11c, Revenues Beat
February 20, 2020 4:34 PM ESTNational General (NASDAQ: NGHC) reported Q4 EPS of $0.72, $0.11 better than the analyst estimate of $0.61. Revenue for the quarter came in at $1.31 billion versus the consensus estimate of $1.28 billion.
Fourth Quarter 2019 Highlights versus Fourth Quarter 2018*
Gross written premium grew $46.1 million or 3.9% to $1,221.8 million, primarily driven by the acquisition of National Farmers Union Property and Casualty Company (Farmers Union Insurance) which closed on August 1, 2019, and continued organic growth in our A&H segment of 7.5%, partially offset by the impact of the Euro Accident Health and Care Insurance (Euroaccident) sale which closed on December 2, 2019.The... More