Reports Q3 (Sep) earnings of $0.65 per share, $0.07 better than the Capital IQ Consensus of $0.58; revenues rose 32.2% year/year to $121.25 mln vs the $113.67 mln Capital IQ Consensus.New insurance written for the third quarter was $10.3 billion, compared to $7.6 billion in the third quarter of 2015. Net premiums earned for the third quarter were $110.8 million, compared to $83.7 million in the third quarter of 2015. The combined ratio for the third quarter was 34.1%, compared to 38.4% in the third quarter of 2015
I haven’t had a chance to look at the details, but looks like another good quarter, and the market likes it (up 4%). For those who are following, I’ll post a summary later.