Conifer Holdings Reports 2024 Fourth Quarter and Year End Financial Results
Conifer Holdings, Inc. (CNFR)
Last conifer holdings, inc. earnings: 2/26 04:01 pm
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US:NASDAQ Investor Relations:
ir.cnfrh.com
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Source: GlobeNewswire
TROY, Mich., March 28, 2025 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) (“Conifer” or the “Company”) today announced results for the fourth quarter and year ended December 31, 2024. Year End 2024 Financial Highlights Net income allocable to common shareholders of $23.5 million$61 Million gain on sale of insurance agency operations in August 2024Continuing Personal Lines business profitable for the fourth quarter of 2024Book value per share of $1.76 as of December 31, 2024 Management Comments Brian Roney, CEO of Conifer, commented, “2024 was indeed a transitional year for Conifer Holdings as we successfully sold our insurance agency operations, paid down considerable debt, further strengthened reserves, streamlined our organization overall, and focused our production efforts on select personal lines going forward.” Reduction of Commercial Lines Business For the full year 2024, total Gross Written Premium was down almost 50% from the prior year, and Net Earned p
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