Conifer Holdings (CNFR) Misses Q2 EPS by 6c

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Conifer Holdings Reports 2018 Second Quarter Financial Results

August 8, 2018 5:00 PM EDT

BIRMINGHAM, Mich., Aug. 08, 2018 (GLOBE NEWSWIRE) --  Conifer Holdings, Inc. (Nasdaq: CNFR) (Conifer or the Company) today announced results for the second quarter ended June 30, 2018.

Second Quarter 2018 Financial Highlights (all comparisons to prior year period)

Commercial lines gross written premiums increased 18.5% driven by growth in the Companys core hospitality and small business linesPersonal lines gross written premiums decreased by 74% (wind-exposed premium down 83% for the quarter)Loss ratio improved to 61.8% from 67.0% Combined ratio improved to 106.0% for the period, compared to 110.4% in the... More