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Gross written premiums were $71.87 million for the first quarter of 2009, compared to $70.77 million for the first quarter of 2008. Net premiums earned were $46.19 million, compared to $27.49 million.
Net investment income reported in the first quarter of 2009 was $27.72 million, a gain of 4.6% on the investment portfolio, compared to a net investment loss of $5.76 million in the first quarter of 2008, a 0.9% loss.
For the first quarter of 2009, total revenues were $76.03 million, compared to $21.73 million for the same quarter of 2008.
Total assets of the company at March 31, 2009 were $1.13 billion versus $958 million as of December 31, 2008.
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The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
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