For the fourth quarter of 2012, total revenue was $517.8m, an increase of $131.3m, or 34.0%, compared to $386.5m in the fourth quarter of 2011. Gross written premium were $773.6m, up $186.9m, or 31.9%, compared to $586.8m in the same period a year ago.
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During the quarter, net written premium was $413m an increase of $68m, or 19.7%, from $345m in the fourth quarter in 2011. Net earned premium was $383.4m, an increase of $84m, or 28.1%, from $299.4m in the fourth quarter of 2011.
For the full year, net income was $177.9m, or $ 2.57 per diluted share, compared to $170.4m, or $ 2.52 per diluted share of the year ago period.
For 2012, total revenue was $1.87bn, an increase of $507m, or 37.4%, from $1.36bn a year ago. Gross written premium of $2.75bn rose $599m, or 27.8%, from $2.15bn a year ago.
Net written premium was $1.65bn, an increase of $371m, or 29.1%, from $1.28bn a year ago. Net earned premium of $1.42bn increased $382m, or 36.8%, from $1.04bn in 2011.
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