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8-K/A - 8-K/A - National General Holdings Corp.form8-ka.htm


Premiums by Business Line
$ in thousands
(Unaudited)
 
 
Three Months Ended March 31,
 
 
Gross Written Premium
 
 
Net Written Premium
 
 
Net Earned Premium
 
 
2018
 
2017
 
Change
 
 
2018
 
2017
 
Change
 
 
2018
 
2017
 
Change
Property & Casualty
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 

 
 
Personal Auto
 
$
725,212

 
$
647,181

 
12.1%
 
 
$
553,997

 
$
596,879

 
(7.2)%
 
 
$
454,216

 
$
454,415

 
—%
Homeowners
 
141,287

 
114,725

 
23.2%
 
 
92,596

 
104,545

 
(11.4)%
 
 
82,195

 
104,129

 
(21.1)%
RV/Packaged
 
49,464

 
44,754

 
10.5%
 
 
49,189

 
44,519

 
10.5%
 
 
45,689

 
40,650

 
12.4%
Small Business Auto
 
86,244

 
86,376

 
(0.2)%
 
 
64,727

 
79,208

 
(18.3)%
 
 
58,562

 
63,241

 
(7.4)%
Lender-placed insurance
 
84,934

 
76,270

 
11.4%
 
 
63,214

 
72,832

 
(13.2)%
 
 
60,469

 
83,741

 
(27.8)%
Other
 
16,125

 
10,707

 
50.6%
 
 
8,989

 
4,255

 
111.3%
 
 
4,476

 
4,351

 
2.9%
Property & Casualty
 
1,103,266

 
980,013


12.6%


832,712

 
902,238


(7.7)%


705,607

 
750,527


(6.0)%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accident & Health
 
233,776

 
191,955

 
21.8%
 
 
223,353

 
181,114

 
23.3%
 
 
153,876

 
128,926

 
19.4%
Total National General
 
$
1,337,042

 
$
1,171,968

 
14.1%
 
 
$
1,056,065

 
$
1,083,352

 
(2.5)%
 
 
$
859,483

 
$
879,453

 
(2.3)%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Reciprocal Exchanges
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal Auto
 
$
34,297

 
$
28,159

 
21.8%
 
 
$
13,495

 
$
17,106

 
(21.1)%
 
 
$
12,997

 
$
16,117

 
(19.4)%
Homeowners
 
62,521

 
53,327

 
17.2%
 
 
36,808

 
24,216

 
52.0%
 
 
32,771

 
22,538

 
45.4%
Other
 
871

 
730

 
19.3%
 
 
275

 
379

 
(27.4)%
 
 
287

 
377

 
(23.9)%
Reciprocal Exchanges
 
$
97,689

 
$
82,216

 
18.8%
 
 
$
50,578

 
$
41,701

 
21.3%
 
 
$
46,055

 
$
39,032

 
18.0%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consolidated Total (A)
 
$
1,433,130

 
$
1,253,383

 
14.3%
 
 
$
1,106,643

 
$
1,125,053

 
(1.6)%
 
 
$
905,538

 
$
918,485

 
(1.4)%

NOTES: (A) Consolidated Total includes eliminations between National General and the Reciprocal Exchanges of $(567) in Personal Auto and $(1,034) in Homeowners Gross Written Premium in 2018, respectively, and $(277) in Personal Auto and $(524) in Homeowners Gross Written Premium in 2017, respectively.



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