AmTrust Financial Services, Inc.'s (AFSI) first-quarter net income attributable to the company totaled $64.2 million, an increase of 64.3% from $39.1 million in the first quarter 2012. Earnings per share totaled $0.91 for the first quarter 2013, an increase of 59.6% from $0.57 in the first quarter 2012. Operating earnings attributable to the company for the quarter were $57.2 million, or $0.81 per share, compared to $44.0 million, or $0.64 per share in the prior year quarter.
Total revenue for the quarter was $567.8 million, an increase of $153.6 million, or 37.1%, from $414.2 million in the first quarter 2012. Gross written premium of $943.9 million rose $342.2 million, or 56.9%, from $601.7 million in the same period a year ago. Net written premium was $532.1 million, an increase of $172.3 million, or 47.9%, from $359.8 million in the first quarter 2012. Net earned premium of $408.0 million increased $94.0 million, or 29.9%, from $314.0 million in the first quarter 2012.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.73 per share on revenues of $454.87 million. Analysts' estimates typically exclude special items.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.