AFSI AmTrust Financial Services, Inc., featured news, full reports, and detailed AFSI.O charts.
AmTrust Financial Services, Inc. (AFSI) Wrap Up:
This Annual Report on Form 10-K, together with other statements and information publicly disseminated by AmTrust Financial Services, Inc. (âAmTrust,â the âCompany,â âwe,â âour,â or âusâ) is a multinational specialty property and casualty insurance holding company with operations in the United States, Europe and Bermuda. We principally provide insurance for small businesses and extended warranty coverages for consumer and commercial goods. Our products cover large numbers of insureds and have loss profiles which we believe are predictable. We target lines of insurance that we believe are generally underserved by larger insurance carriers. We have grown by hiring teams of underwriters with expertise in our specialty lines and through acquisitions of renewal rights to established books of specialty insurance business. Our principal operating subsidiaries are rated âA-â (Excellent) by A.M. Best Company (âA.M. Bestâ), which rating is the fourth highest of 16 rating levels. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f14%2f0001144204-08-015477.html#FIS_BUSINESS"
AmTrust Financial Services, Inc. (AFSI:NASDAQ)
Snapshot of AmTrust Financial Services, Inc. (AFSI)
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OPEN
$11.71
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PREVIOUS CLOSE
$11.87
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DAY HIGH
$12.04
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DAY LOW
$11.71
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52 WEEK HIGH
08/14/09 - $13.10
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52 WEEK LOW
11/21/08 - $5.95
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MARKET CAP
713.3M
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AVERAGE VOLUME 3 mo
162.5K
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DILUTED EPS TTM
$1.67
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SHARES OUTSTANDING
59.3M
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EX-DATE
09/29/09
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P/E TTM
7.2x
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DIVIDEND
$0.24
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DIVIDEND YIELD
2.00%
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| K = Thousands M = Millions B = Billions | ||
related news
AFSI Details
AmTrust Financial Services, Inc., through its subsidiaries, operates as a multinational property and casualty insurance company principally in North America, Europe, and Scandinavia. The company operates in three segments: Small Commercial Business Insurance, Specialty Risk and Extended Warranty, and Specialty Middle-Market Property and Casualty Insurance. The Small Commercial Business Insurance segment provides monoline workers compensation insurance and an array of commercial package products, including general liability, workers compensation, and farm and ranch insurance to a niche audience of small to mid-size businesses in qualified classes, such as restaurants, retail stores, private schools, business traveler hotels/motels, and light manufacturing. The Specialty Risk and Extended Warranty segment serves manufacturers, service providers, retailers, and third party warranty administrators that provide coverage for accidental damage, mechanical breakdown, and related risks for consumer and commercial goods. This segment also provides coverage for products, such as consumer electronics, consumer appliances, hand tools, credit payment protection, GAP insurance, commercial and residential properties, and legal expenses. The Specialty Middle-Market Property and Casualty Insurance segment underwrites workers compensation, general liability, commercial auto liability, and commercial property insurance for retail, wholesale, service operations, artisan contracting, light and medium manufacturing, and habitational industries. The company sells its products through a network of independent wholesale agents, brokers, and retail agents. AmTrust Financial Services, Inc. is based in New York, New York.
AFSI Top Compensated Officers
Executives, Board Directors
Key developments for AmTrust Financial Services, Inc. (AFSI)
AmTrust Financial Services Inc. reported unaudited earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported gross written premium of $295,942,000, total revenues of $182,038,000, income from continuing operations of $35,589,000, income from continuing operations before provision for income taxes of $32,328,000, operating earnings of $31,795,000, net income available to common shareholders of $24,221,000 or $0.40 diluted per share against gross written premium of $281,206,000, total revenues of $107,704,000, income from continuing operations of $10,999,000, income from continuing operations before provision for income taxes of $7,832,000, operating earnings of $39,186,000, net income available to common shareholders of $9,361,000 or $0.15 diluted per share for the same period a year ago. For the nine months, the company reported gross written premium of $833,698,000, total revenues of $536,418,000, income from continuing operations of $104,760,000, income from continuing operations before provision for income taxes of $93,965,000, operating earnings of $93,744,000, net income available to common shareholders of $75,154,000 or $1.25 diluted per share against gross written premium of $817,024,000, total revenues of $408,596,000, income from continuing operations of $79,271,000, income from continuing operations before provision for income taxes of $68,078,000, operating earnings of $92,580,000, net income available to common shareholders of $57,974,000 or $0.95 diluted per share for the same period a year ago.
AmTrust Financial Services, Inc., Q3 2009 Earnings Call, Nov-04-2009
AmTrust Financial Services, Inc. - Conference Presentation Calls
AFSI Competitors
| Company | Last | Change |
| CNA Surety Corp | $14.30 USD | 0.00 |
| Employers Holdings Inc | $15.35 USD | -0.12 |
| Flagstone Reinsurance Holdings Ltd | $11.02 USD | 0.00 |
| Navigators Group Inc | $49.87 USD | -3.88 |
| Safety Insurance Group Inc | $35.17 USD | +0.13 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | AFSI | Industry Range |
| Price/Earnings | 8.5x |
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| Price/Sales | 1.1x |
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| Price/Book | 1.5x |
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| Price/Cash Flow | 8.4x |
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| TEV/Sales | NM | Not Meaningful |
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AFSI |
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AFSI transactions
| Type Date |
Target |
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Private Placement
October 16, 2009 |
American Capital Partners, LLC |
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Merger/Acquisition
August 25, 2009 |
CyberComp |
More Recent News About AmTrust Financial Services, Inc.
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