Reinsurance News

Donegal Group

Donegal Group’s net income climbs 56% as CoR improves in 2025

19th February 2026

Donegal Group Inc., a US insurance holding company, has reported a net income of $79.3 million for full year 2025, up 56% compared to $50.9 million in 2024, alongside an improved combined ratio of 95.4% versus 98.6%. For the year, net premiums earned totalled $921.2 million, down 1.7% from $936.7 million ... Read the full article

Donegal Group’s net income rises 19.9% as CoR improves in Q3’25

30th October 2025

Donegal Group Inc., an insurance holding company, reported net income of $20.1 million for the third quarter of 2025, up 19.9% from $16.8 million in the same period a year earlier. For the quarter, net premiums earned totalled $229.8 million, a 3.4% decrease from $238 million in Q3’24. Net premiums written amounted ... Read the full article

Donegal reports $16.9m Q2’25 net income with slight net premium decrease

25th July 2025

Donegal Group Inc., the US insurance company, has announced its financial results for the second quarter of 2025, reporting a rise in net income to $16.9 million and an improved combined ratio of 97.7%, while net premiums saw a slight decrease of 1.1%. Q2 2025’s net income improved from $4.2 million ... Read the full article

Donegal Group reports improved net income and CoR in Q1’25

25th April 2025

US insurance holding company Donegal Group Inc. has announced its financial results for the first quarter of 2025, reporting an increase in net income to $25.2 million and in net premiums earned, $232.7 million, as well as an improved combined ratio of 91.6%. In Q1 2024, the firm's net income stood ... Read the full article

Donegal Group sees improved Q4’24 net income and CoR

20th February 2025

US primary holding company Donegal Group has announced its financial results for the fourth quarter of 2024, reporting a net income of $24.0 million, compared to a net loss of $2.0 million from the prior year quarter. For the full year of 2024, the Group reported an increased net income of ... Read the full article

Donegal Insurance Group partners with ZestyAI for property risk assessment solution

25th October 2024

Donegal Insurance Group has partnered with ZestyAI, a climate and property risk analytics solutions provider, to utilise its new AI-powered solution to enhance property risk assessment by accurately determining roof age across the US. Through the project, Donegal will utilise ZestyAI’s Roof Age solution to fill in the missing roof age ... Read the full article

Donegal Group’s CoR reaches 96.4% in Q3, insurance subsidiaries see $6m net loss from Helene 

24th October 2024

US primary holding company Donegal Group has announced its financial results for the third quarter of 2024, reporting a net income of $16.8 million, compared to net loss of $0.8 million from the prior year quarter. At the same time, Donegal posted a combined ratio of 96.4% for the quarter, a ... Read the full article

Donegal Group posts 9.1% increase in NPW, CR sits at 103%

29th July 2024

Donegal Group, the US primary holding company, has posted a 9.1% increase in net premiums written (NPW) in the second quarter of 2024, climbing to $247.2 million, compared to last year's $226.5 million. According to the firm, the increase in NPW represents the combination of a 7.1% growth seen in commercial ... Read the full article

Donegal sees 6% increase in NPW, Q1 net income sits at $6m

25th April 2024

US primary holding company Donegal Group has reported a 6.0% increase in net premiums written (NPW) for the first quarter of 2024, reaching $251.4 million, compared to $237.3 million from the prior year quarter. The firm explained that the $14.1 million increase in NPW included Commercial Lines, which saw a $0.9 ... Read the full article

Donegal Group sees $2m net loss and increased combined ratio in Q4 2023

23rd February 2024

US primary holding company Donegal Group has announced its financial results for the fourth quarter of 2023, reporting a net loss of $2.0 million, compared to net income of $3.5 million a year earlier. Donegal Group’s combined ratio for Q4 2023 was 106.8%, compared to 102.8% reported in the prior year ... Read the full article

Dan DeLamater appointed as EVP & COO of Donegal Insurance Group

4th January 2024

Donegal Insurance Group, which consists of Donegal Mutual Insurance Company and the insurance subsidiaries of Donegal Group Inc., has appointed Dan DeLamater as Executive Vice President and Chief Operating Officer, effective this month. DeLamater succeeds the COO role which was most recently held by current President & Chief Executive Officer Kevin ... Read the full article

Donegal Group reports Q3 $0.8mn net loss

26th October 2023

US primary holding company Donegal Group has reported a net loss of $0.8 million in its third quarter of 2023 results, an improved figure when compared to the $10.4 million net loss from the same period last year. Donegal Group’s combined ratio for Q3 2023 improved to 104.5%, compared to 109.6% ... Read the full article

Donegal Group posts $2 million net income in Q2’23

27th July 2023

US primary holding company Donegal Group posted a net income of $2.0 million, compared to a net loss of $8.2 million in the prior year quarter. Net premiums earned increased 5.9% to $216.3 million, compared to $204.1 million from Q2'22. At the same time, net premiums written were $226.5 million, a 3.7% ... Read the full article

Donegal Group sees net income drop in Q1 results

27th April 2023

Donegal Group has reported a net income of $5.2 million in its Q1 financial results, down from $13.1 million in the previous year. Donegal Group's combined ratio for Q1 2023 stood at 101.2%, compared with 95.8% in 2022. Annualized return on average equity was 4.3%, down from 10.0% last year. However, the ... Read the full article

Donegal Group reports Q3 $10.4mn net loss

27th October 2022

US primary holding company Donegal Group has reported a net loss of $10.4 million in the third quarter of 2022, compared to a net loss of $6.7 million from the same period last year. Net premiums earned for the quarter increased by 5% to $206.1 million, compared to $196.2 million from ... Read the full article