William Blair Downgrades Conifer Holdings (CNFR) to Market Perform

Go back to William Blair Downgrades Conifer Holdings (CNFR) to Market Perform

Conifer Holdings Reports Fourth Quarter and Full Year 2015 Results

February 22, 2016 4:15 PM EST

BIRMINGHAM, Mich., Feb. 22, 2016 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) today announced results for the fourth quarter and full year 2015.

Full Year 2015 Highlights

Gross written premiums up 11.8% to $93.8 million, compared to 2014  Net written premiums up 20.2% to $79.7 million, compared to 2014Combined ratio of 102.1%; 11.7 percentage points improvement from 2014 Book value per share of $10.11 with shareholders equity of $77.3 million Net loss of $0.09 per diluted share Operating loss of $0.16 per diluted share

Fourth Quarter 2015 Highlights

Gross written premiums down 10.7% to $25.2... More