Conifer Holdings Reports 2023 Fourth Quarter and Year End Financial Results; Announces Strategic Shift to Production Based Revenue [Yahoo! Finance]
Conifer Holdings, Inc. (CNFR)
Last conifer holdings, inc. earnings: 2/26 04:01 pm
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ir.cnfrh.com
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Source: Yahoo! Finance
TROY, Mich., April 04, 2024 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) (“Conifer” or the “Company”) today announced results for the fourth quarter and year ended December 31, 2023. Year End 2023 Financial Highlights (compared to the prior year period) Gross written premium increased 4.2% to $143.8 million Net investment income increased 81.6% to $5.5 million Expense ratio improved 130bps to 37.1% Management Comments Nick Petcoff, CEO of Conifer, commented, "Much of our recorded loss for the 2023 year was realized in the fourth quarter alone, as we further strengthened our reserve position in efforts to put adverse development behind us. The remainder of the loss was largely driven by earlier in the year convective storm losses from the Oklahoma homeowners business, which is in run-off. In addition, throughout 2023 we further navigated an ever-evolving insurance landscape, as we transitioned away from the limitations of a carrier-based revenue model, towar
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News
- Conifer Holdings Reports 2023 Fourth Quarter and Year End Financial Results; Announces Strategic Shift to Production Based RevenueGlobeNewswire
- Conifer Announces Commercial Lines Capacity Partnership with Accelerant [Yahoo! Finance]Yahoo! Finance
- Conifer Announces Commercial Lines Capacity Partnership with AccelerantGlobeNewswire
- Conifer Holdings Schedules Fourth Quarter 2023 Earnings Conference Call/Webcast for April 5, 2024GlobeNewswire
- Conifer Announces Strategic Partnership with Palomar Serving the Cannabis IndustryGlobeNewswire
CNFR
Earnings
- 11/9/23 - Miss
CNFR
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEF
- 4/9/24 - Form 8-K
- CNFR's page on the SEC website