Conifer Holdings (CNFR) Tops Q2 EPS by 1c

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Conifer Holdings Reports 2016 Second Quarter Financial Results

August 11, 2016 4:01 PM EDT

BIRMINGHAM, Mich., Aug. 11, 2016 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) (Conifer or the Company) today announced results for the second quarter ended June 30, 2016.

Second Quarter 2016 Highlights (all comparisons to prior year period)

Gross written premiums increased 28.9% to $29.7 million, largely due to continued growth in commercial markets of hospitality, small business, and specialty homeowners personal linesNet written premiums up 64.2% to $26.2 million as a result of growth in gross written premiums and lower ceded premiums due to the Companys reduction of reliance on quota share... More