Tower Group, Inc. (TWGP) - NASDAQ
TWGP is defunct.
  • May 1, 2014, 7:26 AM
    • Operating earnings of $97.4M or $1.24 per share up 70.4% from $57.2M and $0.74 one year ago. Annualized operating ROE of 27.8% up from 19.6%. Book value per share of $19.48 up from $17.85 at the end of 2013.
    • Gross written premium of $1.67B up 76.5% Y/Y, with cut-through reinsurance agreement with Tower Group (TWGP) adding about $268M to that sum. Net written premium of $1.13B up 112.4%. Net earned premium of $829.1M up 103.2%. Combined ratio improves to 89.9% from 91.3%.
    • Investment income (pre-realized gains) of $28.5M up 57.7% Y/Y. Net realized gains of $3.5M after-tax vs. $11.2M one year ago.
    • CC at 10 ET
    • Previously: AmTrust Financial beats by $0.33, beats on revenue
    • AFSI no trades premarket
    | May 1, 2014, 7:26 AM | 1 Comment
  • Nov. 22, 2013, 5:27 PM
    • Tower Group International (TWGP): FQ2 EPS of -$5.10.
    • Revenue of $460.51M. Shares -2.81% AH. (PR)
    | Nov. 22, 2013, 5:27 PM
  • May 8, 2013, 5:59 PM
    Tower Group (TWGP): Q1 EPS of $0.56 in-line. Revenue of $438.09M beats by $22.61M.
    | May 8, 2013, 5:59 PM
  • Feb. 26, 2013, 5:20 AM
    Tower Group (TWGP): Q4 EPS of -$1.36. Revenue of $475M (+4.4% Y/Y) beats by $73M. (PR)
    | Feb. 26, 2013, 5:20 AM
  • Nov. 7, 2012, 6:03 PM
    Tower Group (TWGP): Q3 EPS of $0.60 misses by $0.01. Revenue of $474.9M (+4.3% Y/Y) beats by $71M. (PR)
    | Nov. 7, 2012, 6:03 PM
  • Aug. 6, 2012, 5:40 PM
    Tower Group (TWGP): Q2 EPS of -$0.39 beats by $0.03. (PR)
    | Aug. 6, 2012, 5:40 PM
  • May 7, 2012, 5:20 PM
    Tower Group (TWGP): Q1 EPS of $0.56 beats by $0.01. Revenue of $467M (+8.4% Y/Y) beats by $36M. (PR)
    | May 7, 2012, 5:20 PM
  • Feb. 28, 2012, 3:55 PM

    Tower Group (TWGP -1%) lags the general market despite beating Q4 EPS estimates yesterday. Profit fell 27% Y/Y as the insurer paid out a bigger percentage of its premiums to cover claims.

    | Feb. 28, 2012, 3:55 PM
  • Feb. 27, 2012, 4:49 PM
    Tower Group (TWGP): Q4 EPS of $0.63 beats by $0.02. (PR)
    | Feb. 27, 2012, 4:49 PM
Company Description
Tower Group International Ltd offers property and casualty insurance products and insurance services and products. It operates in three business segments: Commercial Insurance, Assumed Reinsurance, and Personal Insurance segments.
Sector: Financial
Industry: Property & Casualty Insurance
Country: United States