Conifer Holdings (CNFR) Misses Q4 EPS by 15c
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Conifer Holdings Reports 2019 Fourth Quarter Financial Results
February 26, 2020 4:01 PM ESTBIRMINGHAM, Mich., Feb. 26, 2020 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) (Conifer or the Company) today announced results for the fourth quarter and year ended December 31, 2019.
Fourth Quarter 2019 Financial Highlights (compared to the prior year period)
Gross written premium decreased 7.5% to $25.4 millionCommercial Lines combined ratio was 111.3% (with accident year combined ratio of 98.0%)Personal Lines combined ratio was 132.5% (with accident year combined ratio of 98.5%)The Companys overall combined ratio was 112.9% (accident year combined ratio was 98.1%)Net loss of $3.0 million, or $0.32 per share based on 9.6 million average shares... More