CNFR - Earnings announcements

TROY, Mich., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) ("Conifer" or the "Company") today announced results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights (compared to the prior year period) Expense ratio improved 5.8 percentage points to 32.1%Net investment income increased 11.2% over the prior year period to $1.5 millionSignificant progress in planned gross written premium shift toward MGA model Management Comments Nick Petcoff, CEO of Conifer, commented, "We are pleased to report significant advances in our strategic transformation. Our main focus is shifting premium away from the traditional risk-bearing ca

TROY, Mich., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) announced today that it will host a conference call/webcast on Wednesday, August 14, 2024, at 8:30am Eastern Time to discuss financial results for the second quarter ended June 30, 2024. The Company plans to release its second quarter financial results after the market closes on Tuesday, August 13, 2024. Investors, analysts, employees and the public are invited to listen to the conference call via: Webcast:CNFR Q2 2024 Financial Results Webcastor on the Event Calendar at IR.CNFRH.com  Conference Call:844-868-8843 (domestic) or 412-317-6589 (international)   The webcast will be archived and available fo

TROY, Mich., May 14, 2024 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) ("Conifer" or the "Company") today announced results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights (compared to the prior year period) Combined ratio was 96.7%, an improvement of 2.8 percentage points from Q1 2023Expense ratio improved 2.6 percentage points to 34.7%Net investment income increased 18.7% over the prior year period to $1.6 millionNet income allocable to common shareholders of $74,000, or $0.01 per share, based on 12.2 million weighted average shares outstanding Management Comments Nick Petcoff, CEO of Conifer, commented, "We are

TROY, Mich., May 07, 2024 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) announced today that it will host a conference call/webcast on Wednesday, May 15, 2024 at 8:30am Eastern Time to discuss financial results for the first quarter ended March 31, 2024. The Company plans to release its first quarter financial results after the market closes on Tuesday, May 14, 2024. Investors, analysts, employees and the public are invited to listen to the conference call via: Webcast:CNFR Q1 2024 Financial Results Webcastor on the Event Calendar at IR.CNFRH.com  Conference Call:844-868-8843 (domestic) or 412-317-6589 (international)   The webcast will be archived and available for replay on t

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 millionNet investment income increased 81.6% to $5.5 millionExpense 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 largel

TROY, Mich., April 03, 2024 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) announced today that it will host a conference call/webcast on Friday, April 5, 2024 at 8:30am Eastern Time to discuss financial results for the fourth quarter which ended on December 31, 2023. The Company plans to release its fourth quarter financial results after the market closes on Thursday, April 4, 2024. Investors, analysts, employees and the public are invited to listen to the conference call via:  Webcast: CNFR Q4 2023 Financial Results Webcast   or on the Event Calendar at IR.CNFRH.com     Conference Call: 844-868-8843 (domestic) or 412-317-6589 (international)     The webcast will be arc

TROY, Mich., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) ("Conifer" or the "Company") today announced results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial Highlights (compared to the prior year period) Gross written premium increased 16.5% to $38.5 millionNet investment income increased 68.6% to $1.5 millionExpense ratio improved to 33.9%, down 600 bps from the prior yearCombined ratio of 120.8%; accident year combined ratio excluding the impact of storm-related losses was 95.3% (6) Management Comments James Petcoff, Executive Chairman and Co-CEO, commented, "While the third quarter results were affected by atypically severe sto

TROY, Mich., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) announced today that it will host a conference call/webcast on Friday, November 10, 2023 at 8:30am Eastern Time to discuss financial results for the third quarter which ended on September 30, 2023. The Company plans to release its third quarter financial results after the market closes on Thursday, November 9, 2023. Investors, analysts, employees and the public are invited to listen to the conference call via: Webcast:CNFR Q3 2023 Financial Results Webcast or on the Event Calendar at IR.CNFRH.comConference Call:844-868-8843 (domestic) or 412-317-6589 (international)   The webcast will be archived and a

TROY, Mich., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) ("Conifer" or the "Company") today announced results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial Highlights (compared to the prior year period) Gross written premium increased 19.4% to $44.7 millionExpense ratio continues downward trend: 110 basis point improvement from Q2 2022Combined ratio of 120.9%; accident year combined ratio excluding the impact of storm-related losses was 95.4% (6) Management Comments James Petcoff, Executive Chairman and Co-CEO, commented, "While the second quarter results were affected by atypically severe storm losses, it is

BIRMINGHAM, Mich., July 28, 2023 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) ("Conifer" or the "Company") today announced preliminary unaudited pre-tax net catastrophe loss estimates for the second quarter ended June 30, 2023. The Company expects pre-tax catastrophe losses of approximately $5.4 million during the second quarter ending June 30, 2023. These losses stemmed predominantly from the multiple convection storms that largely impacted Oklahoma and Texas in the second quarter. As a result, the Company expects to post a net loss of approximately $4.7 million in the period. These amounts represent management's best estimates as of the date of this press release and are sub

TROY, Mich., May 10, 2023 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) ("Conifer" or the "Company") today announced results for the first quarter ended March 31, 2023. First Quarter 2023 Financial Highlights (compared to the prior year period) Combined ratio was 99.5%, an improvement of 13.0 percentage points from Q1 2022Gross written premium increased 9.9% to $36.2 millionNet income of $1.0 million, or $0.08 per share, based on 12.2 million weighted average shares outstandingBook value of $1.82 per share, up 17% or $0.27 from $1.55 at year end Management Comments James Petcoff, Executive Chairman and Co-CEO, commented, "We are pleased to see the 2023 first quarter res

TROY, Mich., April 27, 2023 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) announced today that it will host a conference call/webcast on Thursday, May 11, 2023 at 8:30am Eastern Time to discuss financial results for the first quarter ended March 31, 2023. The Company plans to release its first quarter financial results after the market closes on Wednesday, May 10, 2023. Investors, analysts, employees and the public are invited to listen to the conference call via:  Webcast: CNFR Q1 2023 Financial Results Webcast  or on the Event Calendar at IR.CNFRH.com    Conference Call:844-868-8843 (domestic) or 412-317-6589 (international)    The webcast will be archived and available for r

TROY, Mich., March 08, 2023 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) ("Conifer" or the "Company") today announced results for the fourth quarter and year ended December 31, 2022. Fourth Quarter 2022 Financial Highlights (compared to the prior year period) Gross written premium increased 4.6% to $34.5 millionNet earned premiums decreased 11.3% to $23.2 millionExpense ratio was 37.2% (420bps improvement from Q4 2021)Net income of $2.1 million, or $0.17 per share, based on 12.2 million weighted average shares outstanding Year End 2022 Financial Highlights (compared to the prior year period) Gross written premium increased 4.5% to $138.0 millionNet earned premium decreased

TROY, Mich., Nov. 09, 2022 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) ("Conifer" or the "Company") today announced results for the third quarter ended September 30, 2022. Third Quarter 2022 Financial Highlights (compared to the prior year period) Gross written premium down 1.8% quarter over quarter, excluding deemphasized lines (largely QSR and FL business), GWP increased 8.9% over the prior year periodCommercial Lines gross written premium for the third quarter, excluding deemphasized lines, increased 4.0% to $27.4 millionPersonal Lines gross written premium increased 41.5% to $5.5 millionNet earned premium remained steady at $25.0 millionExpense ratio decreased to 39.9%,

BIRMINGHAM, Mich., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) announced today that it will host a conference call/webcast on Thursday, November 10, 2022 at 8:30am Eastern Time to discuss financial results for the third quarter ended September 30, 2022. The Company plans to release its third quarter financial results after the market closes on Wednesday, November 9, 2022. Investors, analysts, employees and the public are invited to listen to the conference call via: Webcast: CNFR Q3 2022 Financial Results Webcast or on the Event Calendar at IR.CNFRH.com Conference Call: 844-868-8843 (domestic) or 412-317-6589 (international) The webcast will be archived and a

BIRMINGHAM, Mich., Aug. 10, 2022 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) ("Conifer" or the "Company") today announced results for the second quarter ended June 30, 2022. Second Quarter 2022 Financial Highlights (compared to the prior year period) Gross written premium increased 7.0% to $37.4 millionCommercial Lines gross written premium increased 3.6% to $32.1 millionPersonal Lines gross written premium increased 32.4% to $5.3 millionNet earned premium remained steady at $24.6 millionExpense ratio decreased to 39.0%, down 230 basis points from Q2 2021Book value per share of $1.75 as of June 30, 2022 Subsequent to the end of the second quarter, the Comp

BIRMINGHAM, Mich., July 28, 2022 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) announced today that it will host a conference call/webcast on Thursday, August 11, 2022 at 8:30am Eastern Time to discuss financial results for the second quarter ended June 30, 2022. The Company plans to release its second quarter financial results after the market closes on Wednesday, August 10, 2022. Investors, analysts, employees and the public are invited to listen to the conference call via: Webcast:  CNFR Q2 2022 Financial Results Webcastor on the Event Calendar at IR.CNFRH.com   Conference Call: 844-868-8843 (domestic) or 412-317-6589 (international) The webcast will be archived and availabl

BIRMINGHAM, Mich., May 11, 2022 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) ("Conifer" or the "Company") today announced results for the first quarter ended March 31, 2022. First Quarter 2022 Financial Highlights (compared to the prior year period) Gross written premium increased 8.5% to $33.0 millionCommercial Lines gross written premium increased 5.0% to $28.6 millionPersonal Lines gross written premium increased 38.9% to $4.4 millionNet earned premium increased 4.9% to 24.0 millionExpense ratio decreased to 37.5%, down 710 basis points from Q1 2021Book value per share of $3.13 as of March 31, 2022 James Petcoff, Executive Chairman and Co-CEO, commented,

BIRMINGHAM, Mich., April 29, 2022 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) announced today that it will host a conference call/webcast on Thursday, May 12, 2022 at 8:30am Eastern Time to discuss financial results for the first quarter ended March 31, 2022. The Company plans to release its first quarter financial results after the market closes on Wednesday, May 11, 2022. Investors, analysts, employees and the public are invited to listen to the conference call via:  Webcast:CNFR Q1 2022 Financial Results Webcast  or on the Event Calendar at IR.CNFRH.com    Conference Call:844-868-8843 (domestic) or 412-317-6589 (international) The webcast will be archived and available for

BIRMINGHAM, Mich., March 02, 2022 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) ("Conifer" or the "Company") today announced results for the fourth quarter and year ended December 31, 2021. Fourth Quarter 2021 Financial Highlights (compared to the prior year period) Gross written premium increased 14.5% to $33.0 millionNet earned premiums increased 13.4% to $26.2 millionLoss ratio improved by 420 basis points to 62.5% Year End 2021 Financial Highlights (compared to the prior year period) Gross written premium increased 18.6% to $132.1 millionNet earned premium increased 10.9% to $98.8 million, driving expense ratio improvementNet loss of $1.1 million, or $0.11 per share, bas

BIRMINGHAM, Mich., Feb. 17, 2022 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) announced today that it will host a conference call/webcast on Thursday, March 3, 2022 at 8:30am Eastern Time to discuss financial results for the fourth quarter ended December 31, 2021. The Company plans to release its fourth quarter financial results after the market closes on Wednesday, March 2, 2022. Investors, analysts, employees and the public are invited to listen to the conference call via:  Webcast: CNFR Q4 2021 Financial Results Webcastor on the Event Calendar at IR.CNFRH.com    Conference Call:844-868-8843 (domestic) or 412-317-6589 (international) The webcast will be archived and availabl

BIRMINGHAM, Mich., Nov. 10, 2021 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) ("Conifer" or the "Company") today announced results for the third quarter ended September 30, 2021. Third Quarter 2021 Financial Highlights (compared to the prior year period) Gross written premium increased 12.9% to $33.7 millionCommercial Lines gross written premium increased 9.3% to $29.8 millionPersonal Lines gross written premium increased 51.5% to $3.9 millionNet loss of $1.2 million, or $0.12 per share, based on 9.7 million average shares outstandingBook value per share of $4.34 as of September 30, 2021 James Petcoff, Chairman and CEO, commented, "We were pleased to report top line gr

BIRMINGHAM, Mich., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) announced today that it will host a conference call/webcast on Thursday, November 11, 2021 at 8:30am Eastern Time to discuss financial results for the third quarter ended September 30, 2021. The Company plans to release its third quarter financial results after the market closes on Wednesday, November 10, 2021. Investors, analysts, employees and the public are invited to listen to the conference call via: Webcast:  CNFR Q3 2021 Financial Results Webcast  or on the Event Calendar at IR.CNFRH.com   Conference Call:  844-868-8843 (domestic) or 412-317-6589 (international) The webcast will be archived an

BIRMINGHAM, Mich., Aug. 11, 2021 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) ("Conifer" or the "Company") today announced results for the second quarter ended June 30, 2021. Second Quarter 2021 Financial Highlights (compared to the prior year period) Gross written premium increased 27.0% to $35.0 millionCommercial Lines gross written premium increased 20.9% to $30.9 millionPersonal Lines gross written premium increased 107.4% to $4.0 millionOther gains were $8.9 million, which consisted of the sale of certain agency business within its wholly owned Sycamore Insurance Agency, Inc. ("Sycamore") as described belowNet income of $5.6 million, or $0.57 per share, based

BIRMINGHAM, Mich., July 29, 2021 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ:CNFR) announced today that it will host a conference call/webcast on Thursday, August 12, 2021 at 8:30am Eastern Time to discuss financial results for the second quarter ended June 30, 2021. The Company plans to release its second quarter financial results after the market closes on Wednesday, August 11, 2021. Investors, analysts, employees and the public are invited to listen to the conference call via:  Webcast: CNFR Q2 2021 Financial Results Webcast   or on the Event Calendar at IR.CNFRH.com     Conference Call: 844-868-8843 (domestic) or 412-317-6589 (international) The webcast will be archived and ava