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Conifer Holdings Reports 2023 Fourth Quarter and Year End Financial Results; Announces Strategic Shift to Production Based Revenue
ifer ifer (US:CNFR) Newsfilterยท2024-04-04 20:01

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 202 ...