National Security Group, Inc.

NASDAQ:NSEC   9:52:33 AM EDT
11.86
0.00 (0.00%)
Other Pre-Announcement, Special Events, Environmental

National Security Group, Inc. Releases Update On 2020 Hurricane Losses

Published: 10/12/2020 22:05 GMT
National Security Group Inc (NSEC) - National Security Group, Inc. Releases Update on 2020 Hurricane Losses.
National Security Group Inc - Revising Estimate of Gross Losses Due to Hurricane Laura.
National Security Group Inc - to Date, Hurricane Laura Has Produced 781 Claims With Incurred Losses Exceeding $15 Million.
National Security Group Inc - Net of Tax, Hurricane Laura Will Reduce 2020 Earnings by $1.78 Million and Will Reduce Earnings per Share by $0.70.
National Security Group Inc - Estimate Our Revised Ultimate Gross Losses From Hurricane Laura to Be in Range of $17 Million to $19 Million.
National Security Group Inc - Estimate Our Ultimate Gross Losses From Hurricane Sally to Be in Range of $3 Million to $3.5 Million.
National Security Group Inc - Net of Reinsurance Recoveries, We Expect Pre-tax Losses From Hurricane Delta to Be in Range of $2.5 Million to $3.5 Million.
National Security Group Inc - Losses From Hurricane Delta Will Be Reflected in Our Q4 Financial Results.
National Security Group Inc - Net of Tax, Hurricane Sally Will Reduce Our 2020 Earnings by $1.6 Million and Will Reduce Earnings per Share by $0.62.
National Security Group - Pre-tax Loss Due to Hurricane Sally is Expected to Be $2 Million, Net of Recoveries Under Catastrophe Aggregate Reinsurance.