---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-002213"
form_type: "8-K"
ticker: "DGICA"
cik: "0000800457"
company_name: "DONEGAL GROUP INC"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T08:52:39.520091+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Donegal Group Q1 net premiums earned $227.7M (+5.8%), net income $6.0M ($0.18), combined ratio 102.4%

## Summary
- Net premiums earned $227.7M, up 5.8% YoY; net premiums written $251.4M (+6.0%).
- Net income $6.0M ($0.18 diluted Class A) vs $5.2M ($0.16) prior year; ROE 4.9% vs 4.3%.
- Combined ratio 102.4% (vs 101.2%) reflecting underwriting loss; Non-GAAP operating income $4.3M, down 21.6%.
- Investment income net $11.0M, up 16.1% YoY; book value per share $14.53 vs $15.01.

## SEC filing metadata
- accession: 0001171843-24-002213
- form_type: 8-K
- ticker: DGICA
- cik: 0000800457
- company_name: DONEGAL GROUP INC
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/800457/000117184324002213/0001171843-24-002213-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/800457/000117184324002213/f8k_042424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-002213
- JSON: https://secwatch.observer/filing/0001171843-24-002213.json
- Plain text: https://secwatch.observer/filing/0001171843-24-002213.txt

## Key facts
- Earnings Releases
  DONEGAL GROUP INC reported the first quarter of 2024 results: revenue $227.7 million, net income $6.0 million, EPS $0.18 per diluted Class A share.
  - Period: the first quarter of 2024
  - Revenue: $227.7 million
  - Net income: $6.0 million
  - EPS: $0.18 per diluted Class A share
  - Result: reported results
  source text: financial results for the first quarter of 2024. Significant Items for First Quarter of 2024 (all comparisons to first quarter of 2023): Net premiums earned increased 5.8% to $227.7 million Net premiums written 1 increased 6.0% to $251.4 million Combined ratio of 102.4%, compared to 101.2% Net income of $6.0 million, or $0.18 per diluted Class A share, compared to
  evidence_url: https://www.sec.gov/Archives/edgar/data/800457/000117184324002213/0001171843-24-002213-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.