7Baggers
Quarterly
Annual
    Unit: USD2024-03-31 
      
     
      revenues:
     
      gross premiums written
    356,684,000 
      change in gross unearned premiums
    -15,295,000 
      gross premiums earned
    341,389,000 
      ceded premiums
    -161,963,000 
      net premiums earned
    179,426,000 
      net investment income
    8,551,000 
      net realized gains
    -1,000 
      other revenue
    3,326,000 
      total revenues
    191,302,000 
      expenses:
     
      losses and loss adjustment expenses
    102,035,000 
      policy acquisition costs, net of ceding commission income
    46,929,000 
      general and administrative expenses, net of ceding commission income
    19,634,000 
      total expenses
    168,598,000 
      operating income
    22,704,000 
      yoy
     
      qoq
     
      operating margin %
     
      interest expense
    2,830,000 
      income before income taxes
    19,874,000 
      benefit from income taxes
    5,649,000 
      net income
    14,225,000 
      yoy
     
      qoq
     
      net income margin %
     
      other comprehensive income
     
      change in net unrealized gains on investments
    -284,000 
      reclassification adjustment for net realized investment losses
    1,000 
      income tax benefit (expense) related to items of other comprehensive income
    67,000 
      total comprehensive income
    14,009,000 
      weighted-average shares outstanding
     
      basic
    30,376,682,000 
      diluted
    30,435,945,000 
      earnings per share
     
      basic
    0.47 
      diluted
    0.47 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.