Edition:
United Kingdom

Donegal Group Inc (DGICA.OQ)

DGICA.OQ on NASDAQ Stock Exchange Global Select Market

14.74USD
24 May 2019
Change (% chg)

$0.21 (+1.45%)
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Open
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Volume
4,422
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6,684
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Latest Key Developments (Source: Significant Developments)

Donegal Group Inc. Q1 Earnings Per Share $0.82
Monday, 29 Apr 2019 

April 29 (Reuters) - Donegal Group Inc ::. ANNOUNCES FIRST QUARTER 2019 RESULTS.Q1 EARNINGS PER SHARE $0.82.Q1 EARNINGS PER SHARE ESTIMATE $0.07 -- REFINITIV IBES DATA.NET PREMIUMS EARNED OF $188.1 MILLION FOR Q1 OF 2019 INCREASED 3.5% COMPARED TO Q1 OF 2018.QTRLY NET PREMIUMS EARNED $7 MILLION, UP 10.5%.  Full Article

Donegal Group Sees Q4 Loss Per Share Of $0.53 To $0.55
Friday, 8 Feb 2019 

Feb 8 (Reuters) - Donegal Group Inc ::. ANNOUNCES PRELIMINARY RESULTS FOR 2018 FOURTH QUARTER AND HIGHLIGHTS CHANGES TO 2019 REINSURANCE PROGRAM.SEES Q4 LOSS PER SHARE $0.53 TO $0.55.DURING Q4 OF 2018, COMPANY INCURRED WEATHER-RELATED LOSSES OF APPROXIMATELY $12.5 MILLION.DURING Q4 OF 2018, INCURRED WEATHER-RELATED LOSSES OF ABOUT $12.5 MILLION, INCLUDING ABOUT $4.1 MILLION OF LOSSES FROM HURRICANE MICHAEL.EXPECTS TO REPORT A COMBINED RATIO BETWEEN 110.0% AND 111.0% FOR Q4 OF 2018..EXPECTS TO REPORT AFTER-TAX NET INVESTMENT LOSSES FOR Q4 OF 2018 OF APPROXIMATELY $6.9 MILLION.EXPECTS TO REPORT A Q4 NET LOSS BETWEEN 53 CENTS AND 55 CENTS PER CLASS A SHARE.PROJECTS AN OVERALL DECREASE OF MORE THAN $25.0 MILLION IN TOTAL REINSURANCE PREMIUMS FOR 2019 COMPARED TO 2018.COMPANY INCREASED ITS EXPECTATIONS OF ULTIMATE LOSSES IT WILL INCUR FOR 2018 ACCIDENT YEAR.  Full Article

Donegal Group Unit Plans To Consolidate Certain Operations & Close Branch Office Of Peninsula Insurance Company Effective July 2
Tuesday, 3 Apr 2018 

April 3 (Reuters) - Donegal Group Inc ::UNIT PLANS TO CONSOLIDATE CERTAIN OPERATIONS & CLOSE BRANCH OFFICE OF PENINSULA INSURANCE COMPANY EFFECTIVE JULY 2.EXPECTS TO ACHIEVE ANNUALIZED EXPENSE SAVINGS OF ABOUT $3.7 MILLION AS A RESULT OF IMPLEMENTING PENINSULA CONSOLIDATION.EXPECTS RESTRUCTURING CHARGE FOR EMPLOYEE TERMINATION COSTS ASSOCIATED WITH PENINSULA CONSOLIDATION OF ABOUT $1.9 MILLION TO $2 MILLION.  Full Article

Donegal Group Qtrly Shr Loss Class A (Diluted) $0.10
Friday, 23 Feb 2018 

Feb 23 (Reuters) - Donegal Group Inc ::ANNOUNCES 2017 FOURTH QUARTER AND FULL YEAR RESULTS.QTRLY NET LOSS PER SHARE - CLASS A (DILUTED) $0.10.QTRLY TOTAL REVENUES $190.8 MILLION, UP 7.7 PERCENT.Q4 NET INCOME PER CLASS A SHARE $0.07 EXCLUDING TCJA IMPACT .‍NET PREMIUMS EARNED OF $181.1 MILLION FOR Q4 OF 2017 INCREASED 7.2% COMPARED TO Q4 OF 2016​.‍NET PREMIUMS WRITTEN OF $171.4 MILLION FOR Q4 OF 2017 INCREASED 5.9% COMPARED TO Q4 OF 2016​.QTRLY NET PREMIUMS EARNED $181.1 MILLION, UP 7.2 PERCENT.‍COMBINED RATIO OF 104.8% FOR Q4 OF 2017, COMPARED TO 100.5% FOR PRIOR-YEAR Q4​.  Full Article

Donegal Group Q3 net income per Class A share $0.26
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Donegal Group Inc ::Donegal Group Inc. announces third quarter and first nine months of 2017 results.Q3 net income per Class A share $0.26 .Q3 earnings per share view $0.20 -- Thomson Reuters I/B/E/S.Says ‍net premiums earned of $177.3 million for Q3 of 2017 increased 6.3% compared to Q3 of 2016​.Says ‍combined ratio of 99.6% for Q3 of 2017, compared to 100.8% for prior-year Q3​.Says qtrly ‍total revenues $185.7 million versus $175.3 million.Says ‍net premiums written of $182.5 million for Q3 of 2017 increased 6.1% compared to Q3 of 2016​.  Full Article

Donegal Group says weather-related losses added about $20.1 mln to company's Q2 losses
Friday, 14 Jul 2017 

July 14 (Reuters) - Donegal Group Inc ::Donegal Group Inc. provides information relating to claim activity in second quarter.Says its results of operations for Q2 of 2017 will reflect significant loss activity.Says weather-related losses added approximately $20.1 million to company's losses for Q2 of 2017.Donegal Group - claims resulted from numerous wind and hail events related to severe weather patterns that persisted in co's operating regions during extended periods during Q2 of 2017.Donegal Group - ‍incurred approximately $7.6 million of large fire losses for Q2 of 2017​.Also increased its loss and loss expense reserves by approximately $5.8 million in Q2.Donegal Group - currently expects to report a net loss between $0.07 and $0.09 per diluted share of its class a common stock for q2 of 2017.  Full Article