MARIETTA, Pa., April 02, 2024 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced today that it plans to release its results for first quarter ended March 31, 2024 on Thursday, April 25, 2024, before the opening of regular trading on the NASDAQ Stock Market. The Company will provide a supplemental investor presentation in the Investors section of its website at investors.donegalgroup.com, concurrently with its earnings press release. At approximately 8:30 am ET on Thursday, Ap ...

MARIETTA, Pa., April 02, 2024 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced today that it plans to release its results for first quarter ended March 31, 2024 on Thursday, April 25, 2024, before the opening of regular trading on the NASDAQ Stock Market. The Company will provide a supplemental investor presentation in the Investors section of its website at investors.donegalgroup.com, concurrently with its earnings press release. At approximately 8:30 am ET on Thursday, Ap ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________ to _________________ Commission file number 0-15341 DONEGAL GROUP INC. (Exact name of registrant as specified in its charter) Delaware 23-2424711 (State or ...

财务数据和关键指标变化 - 第四季度净保费收入增加6.2%至2.262亿美元,全年净保费收入增加17.5% [19][21] - 第四季度综合成本率为106.8%,较上年同期上升,主要由于净有利前期准备金变动影响减少 [19][20] - 全年综合成本率为104.4%,较上年上升,主要由于损失率和费用率的小幅上升 [22] 各条业务线数据和关键指标变化 商业线 - 第四季度商业线净保费收入小幅下降1%,主要由于退出佐治亚州和阿拉巴马州的商业业务 [13][25] - 商业线整体平均费率上涨12.7%,不含工伤险平均上涨14% [25] - 商业财产险大火灾损失下降37%,商业财产险天气相关损失也有所下降 [25][26] - 商业车险频率有所下降,但责任险赔付严重性持续上升 [27] - 工伤险表现良好,理赔频率下降 [27] 个人线 - 第四季度个人线净保费收入增加18.1%,全年增加17.5%,主要由于费率上涨 [28][29] - 个人车险和家庭财产险平均费率分别上涨13.1%和20.5% [28][29] - 大火灾损失增加20%,天气相关损失增加18% [29] - 公司采取多项措施应对天气相关损失,如调整屋顶赔付政策和提高风暴免赔额 [29] 各个市场数据和关键指标变化 - 公司退出了佐治亚州和阿拉巴马州的商业业务,未来将不再承保这两个州的商业险 [13] - 公司正在积极拓展小型商业客户,并与大型代理渠道合作,以此作为未来增长的主要动力 [15][33] - 公司将保持谨慎的个人险增长策略,直到盈利能力得到改善 [15] 公司战略和发展方向及行业竞争 - 公司将商业险作为未来利润增长的重点,这与其独立代理渠道分销策略相一致 [15] - 公司正在执行多项措施提升承保盈利能力,包括退出亏损州、提高费率、优化承保和理赔流程等 [9][13][25][29] - 公司启动了成本削减计划,预计2024年将降低1个百分点的费用率,到2025年降低2个百分点 [33] 管理层对经营环境和未来前景的评论 - 尽管宏观经济环境有所好转,但赔付成本仍然居高不下,公司将继续密切关注通胀和社会通胀趋势 [22][27][29] - 公司有信心通过执行各项策略和行动计划,未来将实现承保盈利能力的持续改善 [9][29][38][40] 问答环节重要的提问和回答 问题1 **关于再保险的问题** **Jeffrey Miller 回答** 公司与Donegal Mutual共同购买再保险以获得规模效应,2024年再保险费用预计增加约500万美元,整体结构与往年基本保持一致 [43] 问题2 **关于商业车险和商业财产险定价的问题** **Jeffery Hay 回答** 商业车险过去两年平均费率涨幅超过10%,第四季度涨幅为12.7%,商业财产险2023年初就开始实现双位数的费率和暴露增长,第四季度涨幅达到13.9% [45] 问题3 **关于个人险费率和溢价增长的问题** **Jeffery Hay 回答** 2023年全年家庭财产险和个人车险费率分别上涨16.2%和9.9%,下半年涨幅进一步加快。公司正在通过大幅提高费率来扩大个人险的利润空间,而商业险则是未来的主要增长动力 [48][49]

净保费收入 - 第四季度2023年，Donegal Group Inc.的净保费收入增长了6.2%，达到2.262亿美元[2] - 2023年全年，Donegal Group Inc.的净保费收入增长了7.2%，达到8.821亿美元[2] - Donegal Group Inc.的净保费收入中，商业线下降0.4%，个人线增长17.5%[9] - 2023年第四季度，Donegal Group Inc.的净保费收入为22.6亿美元，较2022年同期的21.3亿美元增长[46] - Donegal Group Inc.的净保费收入为88.2亿美元，较2022年的82.2亿美元增长[47] 净收入和投资收益 - 2023年全年，Donegal Group Inc.的净收入为440万美元，每股14美分，相比2022年净亏损2百万美元，每股6美分[2] - 2023年全年，Donegal Group Inc.的投资收益净额为250万美元，每股8美分，相比2022年投资损失800万美元，每股26美分[2] - 2023年Donegal Group Inc.的投资收入净额为1.07亿美元，较2019年的9.39亿美元增长[46] - Donegal Group Inc.的净投资收益为2.24亿美元，较2022年的0.63亿美元增长[46] - 2023年全年投资收益为4090万美元，较2022年全年增长20.1%[30] - 2023年第四季度净投资收益为1070万美元，较2022年第四季度增长14.1%[30] - 2023年全年净投资收益为320万美元，较2022年全年净投资损失1020万美元有所增长[32] 损失率和损失情况 - Donegal Group Inc.的全年2023年核心损失率为57.5%，较2022年的59.8%有所下降[14] - Donegal Group Inc.的全年2023年总合并比率为104.4%，较2022年的103.3%有所增长[15] - Donegal Group Inc.的2023年第四季度天气相关损失为5.9%，较2022年的7.7%有所下降[16] - Donegal Group Inc.的2023年第四季度大火损失为4.8%，较2022年的6.2%有所下降[17] - Donegal Group Inc.的2023年第四季度先前年度储备发展净利润为0.9百万美元，减少了0.4个百分点[18] - 2023年全年核心损失率较2022年增加至69.1%，商业线核心损失率为56.3%[21] - 2023年全年天气相关损失为7290万美元，占损失比率的8.3%[22] - 2023年全年大火损失为4540万美元，占损失比率的5.2%[23] - 2023年全年先前事故年度损失净有利发展为1670万美元，减少损失比率1.9%[24] 财务状况 - 我们的每股净资产价值在2023年12月31日为14.39美元，较2022年12月31日的14.79美元有所下降[33] - Donegal Group Inc.的总收入为23.9亿美元，较2019年的22.3亿美元增长[46] - Donegal Group Inc.的净亏损为1.97亿美元，较2019年的3.48亿美元减少[46] - Donegal Group Inc.的每股净亏损为0.06美元，较2019年的0.11美元下降[46] - Donegal Group Inc.的权重平均股份为27,702,646股[46] - Donegal Group Inc.的总资产为226.6亿美元，较2022年的224.3亿美元增长[48] - Donegal Group Inc.的总负债为178.7亿美元，较2022年的175.9亿美元增长[48] 费用比率 - 2023年第四季度费用比率为34.1%，较2022年第四季度的32.3%有所增加[25]

MARIETTA, Pa., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced today that it plans to release its results for fourth quarter and full-year ended December 31, 2023 on Thursday, February 22, 2024, before the opening of regular trading on the NASDAQ Stock Market. The Company will provide a supplemental investor presentation in the Investors section of its website at investors.donegalgroup.com, concurrently with its earnings press release. At approximately 8:30 a ...

MARIETTA, Pa., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced today that it plans to release its results for fourth quarter and full-year ended December 31, 2023 on Thursday, February 22, 2024, before the opening of regular trading on the NASDAQ Stock Market. The Company will provide a supplemental investor presentation in the Investors section of its website at investors.donegalgroup.com, concurrently with its earnings press release. At approximately 8:30 a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number 0-15341 Donegal Group Inc. (Exact name of registrant as specified in its charter) Delaware 23-2424711 (State or other juris di ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number 0-15341 Donegal Group Inc. (Exact name of registrant as specified in its charter) Delaware 23-2424711 (State or other juris diction ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number 0-15341 Donegal Group Inc. (Exact name of registrant as specified in its charter) Delaware 23-2424711 (State or other juris dictio ...