Book value per share of $17.85 gains 15.3% from a year ago after adjusting for 2013's 10% stock dividend.
Q4 revenue of $816.4M up 76% Y/Y. Net written premium of $664.8M up 61%. Net earned premium of $707.6M up 84.6%. Combined ratio improves to 89.9% from 90.5%.
Investment income of $20.8M up 10.2% Y/Y. Net gain on life settlements of $3.7M compares to $8.5M a year ago.
CC at 9 ET
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