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National General Holdings (National General Holdings) Altman Z-Score


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The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.

National General Holdings (National General Holdings) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » National General Holdings Corp (NAS:NGHCP.PFD) » Definitions » Altman Z-Score
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Traded in Other Exchanges
N/A
Address
59 Maiden Lane, 38th Floor, New York, NY, USA, 10038
Website
http://www.nationalgeneral.com
National General Holdings Corp is a specialty personal lines insurance holding company. It provides a variety of insurance products, including personal and commercial automobile, homeowners, umbrella, recreational vehicle, motorcycle, lender-placed, supplemental health and other niche insurance products. The company sells insurance products with a focus on underwriting profitability through a combination of its customized and predictive analytics and its technology is driven low-cost infrastructure. The company manages its business through two segments, the Property and Casualty segment and Accident and Health segment.