Welcome to our dedicated page for Conifer Holdings news (Ticker: CNFR), a resource for investors and traders seeking the latest updates and insights on Conifer Holdings stock.
Conifer Holdings, now Presurance Holdings, reports developments for a Michigan property-and-casualty insurance holding company that writes specialty coverage through subsidiaries and markets largely personal lines through independent agents. Company updates focus on the shift toward personal lines, including homeowners insurance in Texas and the Midwest, and the runoff of legacy commercial lines after the completed sale of insurance agency operations.
Recurring announcements also cover quarterly and annual underwriting measures, gross written premium trends, combined ratios, investment income, book value, the completed corporate rebrand and ticker change, and capital actions such as a rights offering and preferred stock redemption.
Conifer Holdings, Inc. (Nasdaq: CNFR) has announced a conference call and webcast scheduled for August 14, 2024, at 8:30am Eastern Time to discuss their second quarter 2024 financial results. The company plans to release these results after market close on August 13, 2024. Investors, analysts, employees, and the public are invited to participate via webcast or conference call. The webcast will be archived for later viewing on Conifer's investor relations website. Participants are advised to refer to Conifer's audited consolidated financial statements and related notes in their annual form 10-K, filed with the SEC on April 1, 2024, for additional context.
Conifer Holdings (CNFR) announced its 2024 Q1 financial results, showcasing a strategic shift towards non-risk bearing revenue models. The combined ratio improved to 96.7%, down 2.8 percentage points from Q1 2023. The expense ratio dropped to 34.7%, contributing to a net investment income rise of 18.7% to $1.6 million. Despite a gross written premium decrease of 32.9% to $24.3 million, net income for common shareholders reached $74,000, or $0.01 per share. The company's commercial lines saw a significant premium decline of 56%, while personal lines grew by 59.6%.
Conifer Holdings, Inc. (Nasdaq: CNFR) will host a conference call/webcast on May 15, 2024, to discuss financial results for the first quarter ended March 31, 2024. The Company plans to release its first-quarter financial results on May 14, 2024. Investors, analysts, employees, and the public can listen to the conference call via webcast or phone.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.