AmTrust Posts Another Net Income Decrease in Q2

AmTrust Financial Services Inc. on Tuesday reported second quarter net income of $5.8 million, a decrease compared to $127 million in the second quarter of 2016. For the first half of the year, net income was $28.4 million, compared to $211 million in the first six months of last year. Net written premium in the second quarter was $1.37 billion, an 8.2% increase from $1.27 billion in the second quarter of 2016. Net written premium in the first half of the year was $2.72 billion, compared to $2.49 billion in the same period last year. Combined ratio was 101.2% in the seco...