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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Net earned premium $ 1,075,206 $ 964,157
Ceding commission income 50,305 69,534
Service and fee income 179,441 165,507
Net investment income 30,243 33,445
Net gain (loss) on Investments (6,861) 22
Total revenues 1,328,334 1,232,665
Expenses:    
Loss and loss adjustment expense 691,998 651,809
Acquisition costs and other underwriting expenses 228,242 211,918
General and administrative expenses 267,569 248,094
Interest expense 11,780 12,999
Total expenses 1,199,589 1,124,820
Income before provision for income taxes 128,745 107,845
Provision for income taxes 28,172 22,506
Net income 100,573 85,339
Net loss attributable to noncontrolling interest 186 6,419
Net income attributable to NGHC 100,759 91,758
Dividends on preferred stock (7,875) (7,875)
Net income attributable to NGHC common stockholders $ 92,884 $ 83,883
Earnings per common share (“EPS”):    
Basic EPS $ 0.82 $ 0.74
Diluted EPS $ 0.80 $ 0.72