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0.0223642172523963 0.0223642172523963 0.0455997676444961 0.0455997676444961 -0.0357246587278535 -0.00085971536450755 -0.00087133313970378 -0.0241068835318036
Stock impact report

Heritage Reports First Quarter 2024 Results [Yahoo! Finance]

Heritage Insurance Holdings, Inc. (HRTG) 
Last heritage insurance holdings, inc. earnings: 2/27 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investors.heritagepci.com
Company Research Source: Yahoo! Finance
casualty insurance holding company, today reported first quarter of 2024 financial results. First Quarter 2024 Result Highlights First quarter net income of $14.2 million or per diluted share improved from net income of $14.0 million or per diluted share in the prior year quarter, primarily driven by an increase in net premiums earned, and higher net investment income, which is partly offset by higher operating expenses. Gross premiums earned of $341.4 million , up 7.7% from $317.0 million in the prior year quarter. Net premiums earned of $179.4 million , up 8.1% from $166.0 million in the prior year quarter. Net loss ratio of 56.9%, an improvement of 1.8 points from 58.7% in the prior year quarter. Net expense ratio of 37.1%, up 1.3 points from 35.8% in the prior year quarter. Net combined ratio of 94.0%, an improvement of 0.5 points from 94.5% in the prior year quarter. "I'm pleased to see the momentum of our efforts to respond to market conditions continues to produ Show less Read more
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