Conifer Q4 net loss $25.4M; personal lines premiums up 10.6%

Presurance Holdings, Inc.

2025-Q1 EPS reported $0.04 revenue$15,875,000

Q4 2024 net loss allocable to common shareholders of $25.4M ($2.08 diluted loss per share) vs $19.5M loss a year ago.
Full year 2024 net income allocable to common shareholders of $23.5M ($1.93 per share) aided by $61M gain on agency sale.
Personal lines gross written premiums rose 10.6% to $10.6M in Q4; commercial lines gross written premiums fell 79%.
Total combined ratio deteriorated to 292.9% in Q4 from 231.7% a year ago, reflecting commercial reserve strengthening.
Book value per share improved to $1.76 at Dec 31, 2024, up from $0.24 a year earlier.

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