Conifer Holdings (CNFR) Misses Q3 EPS by 13c

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Go back to Conifer Holdings (CNFR) Misses Q3 EPS by 13c

Conifer Holdings Reports 2016 Third Quarter Financial Results

November 9, 2016 4:01 PM EST

BIRMINGHAM, Mich., Nov. 09, 2016 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) (Conifer or the Company) today announced results for the third quarter ended September 30, 2016.

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

Gross written premiums increased 17.6% to $28.5 million, largely due to continued growth in commercial markets of hospitality, small business, and specialty homeowners personal linesNet earned premiums increased 30.7% to $23.4 million due to the Company retaining more earned premiums as a result of the termination of its quota share reinsurance treaty in the prior... More