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Stock impact report

ICC Holdings, Inc. Reports First Quarter 2019 Results

ICC Holdings, Inc. (ICCH) 
US:NASDAQ Investor Relations: ir.iccholdingsinc.com
Company Research Source: PR Newswire
ROCK ISLAND, Ill., May 6, 2019 /PRNewswire/ -- ICC Holdings, Inc. (NASDAQ: ICCH) (the Company), parent company of Illinois Casualty Company (ICC), a regional, multi-line property and casualty insurance company focusing exclusively on the food and beverage industry, today reported preliminary, unaudited results for the three months ended March 31, 2019. FIRST QUARTER ENDED MARCH 31, 2019 – FINANCIAL RESULTSNet earnings totaled $289,000 or $0.10 per share, for the first quarter of 2019, compared to $676,000 or $0.21 per share for the first quarter of 2018. Additionally, book value per share increased 3.1% to $18.28 from $17.74.For the three months ended March 31, 2019, direct premiums written grew by $871,000, or 6.1%, to $15,259,000 from $14,388,000 for the same period in 2018. Net premiums earned grew by 10.2% to $12,446,000 for the first quarter of 2019 from $11,297,000 for the same period in 2018. For the first quarter of 2019, the Company ceded to reinsurers $2,847,000 of earned pr Show less Read more
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