secwatch.observer — SEC 8-K summary
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Issuer:     Presurance Holdings, Inc. (PRHI)
CIK:        0001502292
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0001564590-22-036848
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Conifer closes LPT reinsurance deal with Fleming Re; $66.3M aggregate limit
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- Fleming Re covers $66.3M paid losses on $40.8M net reserves for accident years 2019 and prior.
- Company retains $5.5M loss corridor; retention up to $46.3M.
- Transaction provides $20M adverse development cover, strengthening balance sheet.
- Part of strategic initiatives to accelerate long-term profitability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1502292/000156459022036848/0001564590-22-036848-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1502292/000156459022036848/cnfr-8k_20221101.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-036848

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer