Conifer Holdings (CNFR) Tops Q4 EPS by 4c
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Conifer Holdings Reports 2017 Fourth Quarter Financial Results Highlighted by Significantly Improved Combined Ratio
February 28, 2018 5:08 PM ESTBIRMINGHAM, Mich., Feb. 28, 2018 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) (Conifer or the Company) today announced results for the fourth quarter and year ended December 31, 2017.
Fourth Quarter 2017 Financial Highlights (all comparisons to prior year period)
Commercial lines net earned premiums increased by 10.1% in the fourth quarterPartially offsetting the Commercial lines growth was a 19.7% decline in Personal lines net earned premiums for the same periodOverall, net earned premiums increased 4.0% to $25.4 million Loss ratio improved to 58.3% from 73.4%; Expense ratio improved... More