Financial Data for
Conifer Insurance Company

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FEIN 38-2725900
NAIC# 29734
A.M. Best Rating * B++
State of Domicile MI , USA
Location of Main
Admin. Offices
Southfield, MI
Incorporation Date 10/20/1987
Parent Conifer Holdings, Inc.

Total Admitted Assets67,662,88649,002,77830,368,15224,902,65417,213,676
Total Liabilities39,359,29831,773,53515,134,0239,612,2791,321,708
Capital & Surplus28,303,58817,229,24315,234,12915,290,37515,891,968
Premiums and Agent's Balances3,870,7144,602,3911,847,7831,573,138186,119
Loss Adjustment Expenses4,608,7193,898,8352,125,6441,438,841515,461
Underwriting Gain/Loss(4,063,507)(5,746,169)(1,803,567)(3,525,108)(166,248)
Net Income (Loss) After Tax(2,712,157)(4,566,722)(1,072,419)(2,630,153)176,305
Cash Flow From Operations2,748,6705,014,4344,050,7643,339,215(42,469)
Unrealized Capital Gains (Losses)(62,189)405,919126,78320,97042,296
Gross Premium49,244,53532,199,74113,517,83413,569,642713,486
Net Premium34,218,12226,000,89012,745,84813,128,351439,553
Gross Premium to Surplus Ratio174.0% 186.9% 88.7% 88.7% 4.5%
Net Premium to Surplus Ratio120.9% 150.9% 83.7% 85.9% 2.8%
Direct Premium - National49,176,11832,199,99913,381,2284,047,771631,210
Direct Premium - Florida (Sch. T)6,528,1553,699,9071,543,017553,3240
% of Direct Premium in Florida13.3% 11.5% 11.5% 13.7% 0.0%
Rank Among all eligible InsurersN/AN/AN/AN/AN/A
Combined Ratio113.0% 134.0% 118.0% 140.0% 132.0%
Losses Incurred Ratio 55.0% 47.0% 48.0% 56.0% 6.0%
Loss Expenses Incurred Ratio16.0% 20.0% 17.0% 17.0% 54.0%
Other U/W Expenses Incurred Ratio42.0% 67.0% 53.0% 67.0% 72.0%

Quarterly Financial Data (2015) for
Conifer Insurance Company

Total Admitted Assets67,288,858
Total Liabilities39,136,515
Capital & Surplus28,152,343
Premiums and Agent's Balances3,909,209
Loss Adjustment Expenses4,612,726
Underwriting Gain/Loss(611,868)
Net Income (Loss) After Tax(189,799)
Cash Flow From Operations(1,630,384)
Unrealized Capital Gains (Losses)11,146
Gross Premium12,430,709
Net Premium8,061,536
Direct Premium - National14,174,643
Direct Premium - Florida (Sch. T)2,536,187

Major Lines of Business in US (2015)
1 Commercial Multi-Peril
2 Homeowners Multi Peril
3 Other Liability - Occurrence
4 Commercial Auto Liability
5 Workers Compensation
Major Lines of Business in FL (2015)
1 Comm multiple peril (liab portion)
2 Comm multiple peril (non-liab portion)
3 Other Commercial Auto Liability
4 Other Liability - Occurrence
5 Commercial Auto Physical Damage

*A.M. Best Ratings are current as of 8/11/2014

Data Source: National Association of Insurance Commissioners, by permission. The NAIC does not endorse any analysis or conclusions based upon the use of its data.

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