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Stock impact report

Donegal Group Inc. Announces Third Quarter and First Nine Months of 2024 Results

Donegal Group, Inc. - Class A (DGICA) 
Last donegal group, inc. - class a earnings: 4/28 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.donegalgroup.com
Company Research Source: GlobeNewswire
MARIETTA, Pa., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ: DGICA) and (NASDAQ: DGICB) today reported its financial results for the third quarter and first nine months of 2024. Significant Items for third quarter of 2024 (all comparisons to third quarter of 2023): Net income of $16.8 million, or 51 cents per diluted Class A share, compared to net loss of $0.8 million, or 2 cents per Class A shareNet premiums earned increased 6.0% to $238.0 millionNet premiums written1 increased 5.9% to $232.2 millionCombined ratio of 96.4%, compared to 104.5%Net income included after-tax net investment gains of $1.5 million, or 5 cents per diluted Class A share, compared to after-tax net investment losses of $1.0 million, or 3 cents per Class A shareBook value per share of $15.22 at September 30, 2024, compared to $14.26 Financial Summary  Three Months Ended September 30, Nine Months Ended September 30,  2024   2023  % Change  2024   2023  Show less Read more
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