Amtrust financial services, inc. (AFSS)
Income statement / TTM
Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Net written premiums

-

-

-

-

-

-

-

4,851

4,772

4,699

4,439

4,261

4,077

3,939

3,854

3,941

3,722

3,447

3,163

2,565

2,313

2,068

1,820

1,648

1,580

1,418

1,402

1,276

1,114

988

0

0

0

Change in unearned premiums

-

-

-

-

-

-

-

-183

-262

-340

-293

-240

-225

-217

-226

-434

-396

-422

-476

-299

-372

-353

-307

-229

-245

-182

-251

-239

-186

-153

0

0

0

Net earned premiums

-

-

-

-

-

-

-

4,667

4,509

4,358

4,146

4,021

3,852

3,721

3,627

3,506

3,325

3,025

2,687

2,265

1,941

1,715

1,512

1,418

1,334

1,236

1,150

1,036

928

835

0

0

0

Ceding commission  primarily related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

149

141

0

0

0

Service and fee income

343

471

590

612

637

590

546

537

503

482

454

428

368

373

376

365

401

373

362

331

292

247

192

172

148

132

124

108

100

81

0

0

0

Interest Income form related party

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net investment income

-

-

-

-

-

-

-

208

205

185

171

156

147

141

137

131

116

105

95

84

82

78

71

68

62

59

55

55

52

52

0

0

0

Net realized gains on investments

-

-

-

-

-

-

-

36

8

18

0

8

32

20

26

16

9

5

3

15

25

26

27

8

4

3

1

2

9

1

0

0

0

Total revenues

-

-

-

-

-

-

-

5,450

5,227

5,045

4,772

4,613

4,400

4,255

4,167

4,020

3,852

3,509

3,147

2,697

2,202

1,976

1,757

1,668

1,579

1,450

1,342

1,203

1,240

1,113

0

0

0

Loss and loss adjustment expenses

-

-

-

-

-

-

-

3,142

3,037

2,935

2,789

2,688

2,537

2,437

2,386

2,331

2,225

2,026

1,803

1,517

1,302

1,147

995

922

861

791

749

678

604

540

0

0

0

Acquisition costs and other underwriting expenses (net of ceding commission and administrative services - related party - $609,321; $608,904; and $545,661)

-

-

-

-

-

-

-

1,230

1,124

1,081

1,033

993

990

954

916

870

785

697

619

533

325

332

332

356

384

354

314

271

366

332

0

0

0

Other

-

-

-

-

-

-

-

564

553

534

501

473

466

449

435

422

346

333

327

291

290

242

194

177

164

146

132

117

83

68

0

0

0

Total expenses

-

-

-

-

-

-

-

4,936

4,715

4,552

4,324

4,154

3,993

3,841

3,738

3,624

3,358

3,058

2,750

2,342

1,918

1,722

1,521

1,456

1,410

1,291

1,196

1,066

1,053

941

0

0

0

(Loss) income before other (expenses) income, provision for income taxes and equity in earnings of unconsolidated subsidiaries

-

-

-

-

-

-

-

513

511

493

447

458

406

414

429

395

494

451

397

355

283

253

236

211

168

158

145

137

187

172

0

0

0

Interest expense (net of interest income - related party - $4,654; $7,593; and $8,701)

-

-

-

-

-

-

-

-79

-73

-65

-59

-55

-96

-93

-69

-45

-46

-25

-30

-34

31

29

28

28

25

22

19

16

15

14

0

0

0

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-5

-15

-14

-14

-9

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Loss) gain on investment in life settlement contracts net of profit commission

-

-

-

-

-

-

-

46

29

28

19

19

36

29

20

12

-1

1

7

3

8

11

12

13

3

7

28

46

60

0

0

0

-

Foreign currency (loss) gain

-

-

-

-

-

-

-

-29

-44

17

-15

47

44

19

82

56

16

-9

-9

-6

5

3

0

-0

-3

-6

-1

-2

-1

2

0

0

0

Gain on acquisition

-

-

-

-

-

-

-

48

54

54

0

-

0

0

-

-

0

-

-

48

48

48

0

-

0

0

-

-

0

-

-

-

-

Gain on sale of policy management system

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Total other (expenses) income

-

-

-

-

-

-

-

-13

-39

34

-40

12

23

-10

49

19

-24

-45

-17

11

31

34

10

-14

-25

-15

12

34

48

41

0

0

0

(Loss) income before income taxes and equity in earnings of unconsolidated subsidiaries

-

-

-

-

-

-

-

500

472

528

407

471

430

403

478

415

470

406

380

367

314

288

246

196

143

143

158

171

235

214

0

0

0

(Benefit) provision for income taxes

-

-

-

-

-

-

-

85

88

54

21

38

7

10

37

28

68

99

109

98

52

41

26

21

-9

-8

-12

-15

44

39

0

0

0

(Loss) income before equity in earnings of unconsolidated subsidiaries

-

-

-

-

-

-

-

414

384

473

385

432

422

392

441

386

401

306

270

269

262

246

220

175

153

151

171

186

191

175

0

0

0

Equity in earnings of unconsolidated subsidiaries (related parties)

-

-

-

-

-

-

-

15

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity in earnings of unconsolidated subsidiaries  related parties

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

27

25

28

11

11

12

8

9

10

6

5

4

7

14

0

0

0

Net (loss) income

-

-

-

-

-

-

-

430

399

500

411

457

447

408

456

415

429

332

299

280

273

259

228

184

165

159

179

191

196

187

0

0

0

Net income

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to non-controlling interest and redeemable non-controlling interest of subsidiaries

-

-

-

-

-

-

-

19

12

11

6

6

13

9

3

-0

-7

-4

-0

-1

2

5

5

6

2

3

12

20

14

0

0

0

-

Net (loss) income attributable to AmTrust stockholders

-

-

-

-

-

-

-

410

386

488

404

450

433

398

452

415

436

336

300

282

270

253

222

177

160

154

164

170

171

165

0

0

0

Dividends on preferred stock

-

-

-

-

-

-

-

47

40

37

35

31

28

22

16

12

9

7

5

3

2

0

0

-

0

-

-

-

-

-

-

-

-

Net (loss) income attributable to AmTrust common stockholders

-

-

-

-

-

-

-

363

345

450

369

419

405

376

436

402

427

329

294

278

256

0

0

-

0

-

-

-

-

-

-

-

-

Basic (loss) earnings per share (in dollars per share)

-

-

-

-

-

-

-

0.42

0.47

0.73

0.48

0.32

1.12

0.28

0.82

-2.16

2.09

1.41

1.34

-1.00

0.78

0.96

1.13

0.64

0.59

0.60

0.59

0.14

0.60

0.84

0.76

0.65

0.52

Diluted (loss) earnings per share (in dollars per share)

-

-

-

-

-

-

-

0.41

0.47

0.73

0.47

0.32

1.10

0.27

0.80

-2.04

1.97

1.33

1.27

-0.97

0.74

0.93

1.08

0.62

0.56

0.59

0.57

0.16

0.58

0.81

0.74

0.64

0.51

Dividends declared per common share (in dollars per share)

-

-

-

-

-

-

-

0.17

0.17

0.15

0.15

0.17

0.15

0.12

0.10

-0.17

0.20

0.20

0.20

-0.14

0.14

0.14

0.14

0.10

0.10

0.10

0.09

0.09

0.09

0.08

0.08

0.07

0.07

Total other-than-temporary impairment losses

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

8

6

6

4

2

1

1

2

2

5

5

4

4

4

16

0

0

0

Portion of loss recognized in other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Net impairment losses recognized in earnings

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

8

6

6

4

2

1

1

2

2

5

5

4

4

4

16

0

0

0

Net realized gains on available for sale securities

-

-

-

-

-

-

-

-

-

-

0

-

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized gains on other invested assets

-

-

-

-

-

-

-

-

-

-

0

-

0

0

-

2

-5

-6

-10

0

27

28

30

11

10

8

5

7

13

18

0

0

0

Net realized investment gains

-

-

-

-

-

-

-

36

8

18

0

8

32

20

26

16

9

5

3

15

25

26

27

8

4

3

1

2

9

1

0

0

0