AmTrust Financial Services, Inc. (AFSI) today announced continued growth of operating earnings and strong operating return on equity for the first quarter of 2016. For the first quarter 2016, operating earnings were $136.6 million, or $0.77 per diluted share, compared to $121.4 million, or $0.73 per diluted share, in the first quarter of 2015. First quarter 2016 net income attributable to common stockholders was $100.3 million, or $0.56 per diluted share, compared to $154.7 million, or $0.93 per diluted share, in the first quarter 2015. First quarter 2016 annualized operating return on common equity was 22.1% compared to 26.1% in the first quarter 2015. Annualized return on common equity was 16.2% for the first quarter of 2016 compared to 33.3% for the first quarter of 2015. First Quarter 2016 Results Total revenue was $1.28 billion, an increase of $0.16 billion, or 15%, from $1.11 billion in the first quarter 2015. Gross written premium was $1.93 billion, an increase of $0.20 billion, or 12%, from $1.73 billion in the first quarter of 2015. Net written premium was $1.22 billion, an increase of $0.18 billion, or 17%, compared to $1.04 billion in the first quarter 2015. Net earned premium was $1.07 billion, an increase of $0.12 billion, or 13%, from $0.95 billion in the first quarter 2015. The combined ratio was 91.2% compared to 89.0% in first quarter 2015. A summary of Q1 results is listed below along with a link to the earnings release. Financial Highlights First Quarter 2016 • Gross written premium of $1.93 billion, up 12% compared to $1.73 billion in the first quarter 2015 • Net earned premium of $1.07 billion, up 13% from $0.95 billion in the first quarter 2015 • Operating diluted EPS of $0.77 compared to $0.73 in the first quarter 2015 • Diluted EPS of $0.56 compared to $0.93 in the first quarter 2015 • Annualized operating return on common equity of 22.1% and annualized return on common equity of 16.2% • Service and fee income of $144.2 million, up 28% from $112.9 million in the first quarter 2015 • Operating earnings of $136.6 million compared to $121.4 million in the first quarter 2015 • Net income attributable to common stockholders of $100.3 million compared to $154.7 million in the first quarter 2015 • Combined ratio of 91.2% compared to 89.0% in the first quarter 2015 • Weighted average diluted shares outstanding of 177.9 million, up 7% compared to 166.9 million in the first quarter 2015 • Book value per common share of $14.35, up 20% from $12.00 at March 31, 2015 • AmTrust’s stockholders' equity was $3.14 billion as of March 31, 2016, up 8% compared to $2.91 billion as of December 31, 2015 Article Resource:-https://warrantech.com/blog/may-2016/amtrust-announcescontinued-growth-of-operated-ear/