Wednesday, October 20, 2021

National Security Group, Inc. Reports Financial Results

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National Security Group, Inc. (NASDAQ: NSEC) results for the three months and fiscal year ended December 31, 2020 and 2019, based on US generally accepted accounting principles, were released today as follows :

Unaudited consolidated financial summary

Three months ended

The 31st of December,

Year ended

The 31st of December,

2020

2019

2020

2019

Gross written premiums

$

14,976,000

$

14,895,000

$

68,782,000

$

67,529,000

Net premiums written

$

13,218,000

$

12,996,000

$

61,406,000

$

60,411,000

Net premiums earned

$

15,394,000

$

14,966,000

$

60,810,000

$

59,883,000

Net investment income

824,000

968,000

3,633,000

3,876,000

Net investment gains

635,000

935,000

1,623,000

3,055,000

Other income

133,000

145,000

583,000

585,000

Total income

16,986,000

17,014,000

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