Conifer Holdings Reports Q1 2025: Net Income of $522K, EPS at $0.04 Despite 33.5% Drop in Gross Written Premiums

Reuters
May 15
Conifer Holdings Reports Q1 2025: Net Income of $522K, EPS at $0.04 Despite 33.5% Drop in Gross Written Premiums

Conifer Holdings Inc. reported its financial results for the first quarter of 2025, ending March 31. The company saw a significant decrease in gross written premiums, which fell by 84% to $2.047 million compared to $12.762 million in the same period in 2024. Net written premiums also dropped by 119.4%, resulting in a negative figure of $1.604 million, contrasting with $8.287 million in the previous year. The company reported net income allocable to common shareholders of $522,000, or $0.04 per share. However, an adjusted operating loss of $3.7 million, or $0.30 per share, was recorded for the quarter. Despite these declines, personal lines production increased by 22% during the period, as Conifer focused its underwriting efforts on this segment, particularly its homeowner's insurance portfolio in Texas and the Midwest. The commercial lines of business accounted for 12.6% of total gross written premium in the first quarter of 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Conifer Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-071337), on May 14, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10