Conifer Holdings (CNFR) Misses Q3 EPS by 2c

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Conifer Holdings Reports 2019 Third Quarter Financial Results

November 11, 2019 4:01 PM EST

BIRMINGHAM, Mich., Nov. 11, 2019 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) (Conifer or the Company) today announced results for the third quarter ended September 30, 2019.

Third Quarter 2019 Financial Highlights

Gross written premium increased 2% to $27.1 millionCommercial Lines combined ratio was 106.3% (with accident year combined ratio of 95.6%)Personal Lines combined ratio was 154.5% (with accident year combined of 125.8%)The Companys overall accident year combined ratio was 97.4%Net loss of $1.2 million, or $0.13 per share based on 9.5 million average shares outstandingAs of... More