Atlas Financial Holdings Announces Strategic and NASDAQ Listing Update
ATLAS FINANCIAL HOLDINGS (AFH)
Last atlas financial holdings earnings: 3/4 04:06 pm
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US:NASDAQ Investor Relations:
atlas-fin.com/investor-relations
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Source: Business Wire
CHICAGO--(BUSINESS WIRE)--Atlas Financial Holdings, Inc. (NASDAQ:AFH) (“Atlas” or the “Company”) announced today an update with respect to the strategic review announced on March 4, 2019 and April 10, 2019.The Company has been evaluating recent historic results, current business trends and regulatory constraints. The following strategic activities have been identified as value maximizing for the Company’s shareholders, bondholders and other stakeholders:Focusing Global Liberty Insurance Company of New York’s (“Global Liberty”) resources on New York area business to leverage the subsidiary’s heritage in this large and specific market.Transitioning other business to alternative markets through the Company’s wholly owned Managing General Agency (“MGA”), Anchor Group Management, Inc. (“AGMI”), to leverage the team, distribution systems and other resources aligned under this business unit. As previously announced, an agreement with American Financial Group, Inc. (NYSE: AFG) was execute
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