The National Security Group, Inc. Releases Estimates of Catastrophe Losses
National Security Group, Inc. (NSEC)
US:NASDAQ Investor Relations:
nationalsecuritygroup.com/investors/investors.aspx
Company Research
Source: Business Wire
ELBA, Ala.--(BUSINESS WIRE)-- The National Security Group, Inc. (NASDAQ:NSEC) released estimates of year to date catastrophe losses through June 30, 2017 incurred by property and casualty subsidiary National Security Fire & Casualty. During the three-month period ended June 30, 2017 (second quarter), our property and casualty subsidiary, National Security Fire & Casualty Company (NSFC), was impacted by 13 catastrophe events which produced 958 reported policyholder claims by the end of the second quarter. Estimated losses from second quarter catastrophe events are expected to be approximately $4,774,000. Net of tax, these losses are expected to reduce second quarter net income by $3,151,000 or $1.25 per share. In comparison, NSFC was impacted by seven catastrophe events during the second quarter of 2016 leading to 417 catastrophe related policyholder claims totaling $2,036,000. Net of tax, second quarter 2016
Show less
Read more
Impact Snapshot
Event Time:
NSEC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NSEC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NSEC alerts
High impacting National Security Group, Inc. news events
Weekly update
A roundup of the hottest topics