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National General Holdings

OverviewSuggest Edit

National General Holdings Corp. is a specialty personal lines insurance holding company. It provides a range of insurance products, including personal and commercial automobile, homeowners, umbrella, recreational vehicle, supplemental health, lender-placed and other niche products.
TypePublic
Founded1939
HQNew York, NY, USMap
Websiteir.nationalgeneral.com
View Jobs (481)

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Latest Updates

Employees (est.) (Dec 2019)9,200(+10%)
Job Openings481
Revenue (FY, 2020)$5.6 B(+8%)
Share Price (Jan 2021)$34.2
Cybersecurity ratingAMore

Key People/Management at National General Holdings

Barry Karfunkel

Barry Karfunkel

Chief Executive Officer and Co-Chairman of the Board
Robert Karfunkel

Robert Karfunkel

President and Co-Chairman of the Board
Michael Weiner CFA

Michael Weiner CFA

CFO
Barry Zyskind

Barry Zyskind

Director
Jeffrey Weissmann

Jeffrey Weissmann

General Counsel and Secretary
Donald Decarlo

Donald Decarlo

Director
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National General Holdings Office Locations

National General Holdings has offices in New York, Albany, Alpharetta, Altamonte Springs and in 175 other locations
New York, NY, US (HQ)
59 Maiden Ln
Albany, NY, US
Albany, NY, USA
Alpharetta, GA, US
Alpharetta, GA, USA
Altamonte Springs, FL, US
Altamonte Springs, FL, USA
Asheville, NC, US
Asheville, NC, USA
Atlanta, GA, US
Atlanta, GA, USA
Show all (179)

National General Holdings Financials and Metrics

National General Holdings Revenue

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View revenue for all periods
National General Holdings's revenue was reported to be $5.55 b in FY, 2020
USD

Revenue (FY, 2020)

5.6b

Gross profit (FY, 2020)

2.7b

Gross profit margin (FY, 2020), %

49.1%

Net income (FY, 2020)

524.2m

Market capitalization (8-Jan-2021)

3.9b

Closing stock price (8-Jan-2021)

34.2

Cash (31-Dec-2020)

662.8m

EV

3.9b
National General Holdings's current market capitalization is $3.9 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

1.9b2.5b3.6b4.4b4.6b5.2b5.6b

Revenue growth, %

35%41%

Cost of goods sold

1.1b1.4b2.0b2.6b2.7b2.9b2.8b

Gross profit

809.0m1.1b1.6b1.8b1.9b2.3b2.7b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

409.1m442.9m498.0m557.7m553.7m590.0m776.0m846.2m896.8m1.1b1.1b1.1b1.1b1.1b1.2b1.2b1.3b1.3b1.3b1.3b1.4b

Cost of goods sold

225.3m255.6m275.0m306.7m286.8m302.3m409.1m472.4m509.9m616.3m710.4m651.2m634.2m670.3m657.3m651.8m715.5m745.3m692.0m600.4m774.2m

Gross profit

183.8m187.3m222.9m251.0m266.8m287.8m366.9m373.8m386.9m486.5m439.2m456.6m483.1m464.8m511.5m580.9m554.1m562.8m636.3m728.7m668.8m

Gross profit Margin, %

45%42%45%45%48%49%47%44%43%44%38%41%43%41%44%47%44%43%48%55%46%
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Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

132.6m282.3m220.3m292.3m193.9m135.9m662.8m

Accounts Receivable

311.0k389.0k

Prepaid Expenses

155.8m155.0m94.6m69.1m

Inventories

205.0k244.0k3.5b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

108.4m111.9m118.1m229.1m168.1m278.9m274.7m271.7m216.4m209.6m241.8m330.7m321.9m335.3m395.1m188.1m211.6m199.4m309.8m297.3m188.3m

Prepaid Expenses

8.7m12.2m14.7m53.1m42.7m36.2m43.9m39.2m43.0m63.0m52.7m41.8m134.8m155.9m144.0m74.0m39.4m45.2m86.4m74.2m66.9m

PP&E

29.6m34.0m29.3m29.5m28.7m31.9m69.1m79.2m83.7m125.8m129.3m319.6m316.4m307.8m298.0m413.2m405.8m403.9m398.2m388.9m382.7m

Goodwill

82.7m96.6m97.7m92.1m113.8m125.2m119.6m209.0m211.7m173.5m189.6m190.7m174.2m181.8m184.0m180.2m183.4m181.6m179.3m179.3m179.3m
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Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

104.7m156.3m192.9m102.2m167.5m327.4m524.2m

Depreciation and Amortization

80.7m

Inventories

205.0k(47.0k)(255.0k)

Accounts Payable

148.5m(99.0m)(45.0m)(54.5m)98.3m(8.0m)69.6m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

26.4m56.7m89.3m42.9m79.3m124.0m56.8m114.5m145.7m35.9m38.5m93.9m56.0m92.9m149.2m85.3m162.4m222.6m100.6m275.2m392.1m

Depreciation and Amortization

6.8m13.3m19.7m49.5m35.3m54.2m71.2m20.1m42.0m65.0m27.1m57.1m87.1m21.3m41.5m60.8m

Accounts Payable

93.0m131.2m116.3m(34.1m)(23.2m)526.0k(16.9m)(73.9m)(26.7m)118.1m31.1m(3.6m)(52.8m)(16.2m)24.9m9.5m(29.7m)(578.0k)6.6m6.4m38.7m

Cash From Operating Activities

161.9m234.2m314.2m(5.4m)84.3m211.3m29.8m155.1m314.0m137.3m199.3m290.2m51.9m164.2m460.1m115.2m295.2m509.5m144.0m308.5m451.3m
show all
USDQ1, 2014

Debt/Equity

0.2 x

Financial Leverage

4 x
Show all financial metrics

National General Holdings Operating Metrics

FY, 2014FY, 2015FY, 2016

Agents

23.3 k41.8 k53.5 k
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National General Holdings Revenue Breakdown

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National General Holdings revenue breakdown by business segment: 83.8% from Property and Casualty and 16.2% from Accident and Health

National General Holdings Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

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National General Holdings Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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National General Holdings Online and Social Media Presence

National General Holdings's Trends

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National General Holdings News and Updates

September 11, 2020

Lifshitz Law Firm, P.C. Announces Investigation of Cellular Biomedicine Group, Inc. (NASDAQ: CBMG), GCI Liberty, Inc. (NASDAQ: GLIBA), Maxim Integrated Products (NASDAQ:MXIM), National General Holdings Corp. (NASDAQ: NGHC), Pfenex Inc. (NYSE: PFNX), Spring Bank Pharmaceuticals, Inc. (NASDAQ: SBPH), and Varian Medical Systems, Inc. (NYSE: VAR)

NEW YORK, Sept. 10, 2020 /PRNewswire/ -- Cellular Biomedicine Group, Inc. (NASDAQ: CBMG) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of CBMG to members of CBMG management. If you are a CBMG investor, and would like...
July 31, 2020

National General Holdings Corp. Reports Second Quarter 2020 Results

NEW YORK, July 31, 2020 (GLOBE NEWSWIRE) -- National General Holdings Corp. (Nasdaq: NGHC) reported second quarter 2020 net income of $157.6 million or $1.37 per diluted share, compared to net income of $69.0 million or $0.60 per diluted share in the second quarter of 2019. Second quarter 2020 ope…
July 22, 2020

Lifshitz Law Firm, P.C. Announces Investigation of Advanced Disposal Services, Inc., China XD Plastics Company Limited, GlobalSCAPE, Inc., InnerWorkings, Inc., Majesco, National General Holdings Corp., Noble Energy, Inc., and Willis Towers Watson Public Limited Company

NEW YORK, July 22, 2020 /PRNewswire/ -- Advanced Disposal Services, Inc. (ADSW) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of ADSW to Waste Management for $30.30 per share. If you are an ADSW investor, and would...
July 11, 2020

SHAREHOLDER ALERT: WeissLaw LLP Investigates National General Holdings Corp.

NEW YORK, July 10, 2020 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of National General Holdings Corp. ("NGHC" or the "Company") (NASDAQ: NGHC) in connection with the proposed acquisition of the...
September 20, 2019

NATIONAL GENERAL DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In National General Holdings Corp. To Contact The Firm

New York, NY - (NewMediaWire) - September 20, 2019 - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in National General Holdings Corp. (“National General” or the “Company”) (NASDAQ: NGHC) of the September 23, 2019 deadline to seek the role of lead plaintiff …
September 03, 2019

National General Holdings Corp. Announces Agreement to Divest Euro Accident Health and Care Insurance in Sweden

NEW YORK, Sept. 03, 2019 (GLOBE NEWSWIRE) -- National General Holdings Corp. (NASDAQ:NGHC) announced today that it has entered into an agreement to sell its Euro Accident Health and Care Insurance Sweden operation (Euro Accident Sweden), to an investor group arranged by Impilo AB, a Swedish invest…
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National General Holdings Blogs

July 18, 2018

National General Holdings Corp. to Announce 2018 Second Quarter Results on August 6, 2018

NEW YORK , July 18, 2018 (GLOBE NEWSWIRE) -- National General Holdings Corp. (NASDAQ:NGHC) announced today that it plans to release 2018 second quarter results after the market closes on Monday, August 6, 2018 . At 9:30 AM ET on Tuesday, August 7, 2018 , Chief Executive Officer Barry Karfunkel and

 National General Holdings Frequently Asked Questions

  • When was National General Holdings founded?

    National General Holdings was founded in 1939.

  • Who are National General Holdings key executives?

    National General Holdings's key executives are Barry Karfunkel, Robert Karfunkel and Michael Weiner CFA.

  • How many employees does National General Holdings have?

    National General Holdings has 9,200 employees.

  • What is National General Holdings revenue?

    Latest National General Holdings annual revenue is $5.6 b.

  • What is National General Holdings revenue per employee?

    Latest National General Holdings revenue per employee is $603.5 k.

  • Who are National General Holdings competitors?

    Competitors of National General Holdings include Globe Life, Topdanmark and Tryg.

  • Where is National General Holdings headquarters?

    National General Holdings headquarters is located at 59 Maiden Ln, New York.

  • Where are National General Holdings offices?

    National General Holdings has offices in New York, Albany, Alpharetta, Altamonte Springs and in 175 other locations.

  • How many offices does National General Holdings have?

    National General Holdings has 179 offices.