Conifer Holdings Inc
For the period ended Mar 31, 2024. Filed May 14, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 14, 2024
PRHI$6.97+2.0%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations (Unaudited)
(dollars in thousands, except per share data)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue and Other Income | ||
| Premiums | ||
| Gross earned premiums | $34,232 | 34,294 |
| Ceded earned premiums | (17,345) | (12,342) |
| Net earned premiums | 16,887 | 21,952 |
| Net investment income | 1,552 | 1,307 |
| Net realized investment gains (losses) | — | — |
| Change in fair value of equity securities | 43 | 694 |
| Other gains (losses) | — | — |
| Agency commission income | 4,336 | 430 |
| Other income | 260 | 196 |
| Total revenue and other income | 23,078 | 24,579 |
| Expenses | ||
| Losses and loss adjustment expenses, net | 10,520 | 13,713 |
| Policy acquisition costs | 7,013 | 4,721 |
| Operating expenses | 4,495 | 4,279 |
| Interest expense | 877 | 686 |
| Total expenses | 22,905 | 23,399 |
| Income (loss) before equity earnings in Affiliate and income taxes | 173 | 1,180 |
| Equity earnings (loss) in Affiliate, net of tax | 58 | (179) |
| Income tax expense (benefit) | — | — |
| Net income (loss) | $231 | $1,001 |
| Preferred stock dividends | 157 | — |
| Net income (loss) allocable to common shareholders | $74 | $1,001 |
| Earnings (loss) per common share, basic and diluted | $0.01 | $0.08 |
| Weighted average common shares outstanding, basic and diluted | 12,222,881 | 12,215,849 |
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