Conifer Holdings Q3 2022 net loss $1.5M; GWP ex-deemphasized lines up 8.9%

Presurance Holdings, Inc.

2022-Q3 EPS reported -$1.26 revenue$76,385,000

Net loss $1.5M ($0.14 per share) vs $1.2M loss ($0.12) a year ago.
Gross written premium down 1.8% overall to $33.1M; up 8.9% excluding deemphasized lines.
Expense ratio improved to 39.9% from 42.3% in Q3 2021.
Subsequent to Q3, sold Venture assets to Acrisure; closed Oct 14, 2022.
Also closed $20M adverse development cover via Loss Portfolio Transfer with Fleming Re.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Presurance Holdings, Inc. reported financial results for the third quarter ended September 30, 2022.

Period: the third quarter ended September 30, 2022
Result: reported results

Exact text from the filing

Conifer Holdings, Inc. (Nasdaq: CNFR) (“Conifer” or the “Company”) today announced results for the third quarter ended September 30, 2022.

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Presurance Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001564590-22-037759

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