Conifer Holdings, Inc.CNFR
| Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
---|
Net income (loss) | -0 | -8 | -22 | -9 | -8 | 1 | -1 | -11 |
---|
Gain upon consolidation of VSRM and sale of agency business | - | - | - | - | - | - | - | 10 |
---|
Gain on sale of agency business | - | - | - | - | - | - | 9 | - |
---|
Depreciation and amortization | 0 | 0 | - | - | 0 | 0 | 0 | 0 |
---|
Amortization of Debt Discount (Premium) | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 0 |
---|
Net realized investment (gains) losses | - | - | - | - | - | - | 3 | -2 |
---|
Change in fair value of equity securities | - | - | - | 0 | -0 | 0 | -2 | 0 |
---|
Loss on sale of fixed assets | - | - | - | - | - | - | - | -0 |
---|
Deferred income tax expense | - | - | - | - | - | - | - | -9 |
---|
Stock-based compensation expenses | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
---|
Equity earnings in Affiliate, net of tax | - | - | - | - | - | 1 | 1 | 0 |
---|
PPP Loan forgiveness | - | - | - | - | - | - | 3 | - |
---|
Other | - | - | - | - | -1 | -0 | 0 | 0 |
---|
Premiums, agents' balances and other receivables | 4 | 6 | -2 | 1 | -4 | -0 | 1 | 1 |
---|
Reinsurance recoverables | 2 | 0 | 17 | 10 | -7 | -1 | 15 | 48 |
---|
Prepaid reinsurance premiums | -6 | 1 | -3 | 1 | -1 | 0 | 7 | 8 |
---|
Deferred policy acquisition costs | 6 | 1 | -1 | -1 | -0 | 0 | - | -2 |
---|
Other assets | 1 | 7 | -4 | 1 | 0 | -1 | -1 | 0 |
---|
Unpaid losses and loss adjustment expenses | 4 | 19 | 33 | 5 | 14 | 4 | 28 | 26 |
---|
Unearned premiums | 5 | 10 | -0 | -5 | -1 | 5 | 9 | 3 |
---|
Reinsurance premiums payable | -6 | -1 | 3 | -3 | - | - | 5 | 12 |
---|
Accounts payable and other liabilities | 1 | 2 | 0 | 6 | -1 | -1 | -1 | 1 |
---|
Net cash provided by operating activities | - | 6 | 9 | -17 | 15 | 3 | 5 | -40 |
---|
Purchases of investments | - | - | 218 | 91 | 157 | 392 | 227 | 318 |
---|
Proceeds from maturities and redemptions of investments | - | - | - | - | 22 | 23 | 26 | 20 |
---|
Proceeds From Sale Of Investments | - | - | - | - | 110 | 361 | 198 | 324 |
---|
Proceeds from Divestiture of Businesses | - | - | - | - | - | - | 4 | 33 |
---|
Purchase of VSRM, net of $3,920 cash acquired | - | - | - | - | - | - | - | 2 |
---|
Deconsolidation of SSU | - | - | - | - | - | - | - | 0 |
---|
Dividends from Affiliate | - | - | - | - | - | - | 1 | - |
---|
Other purchases | - | - | - | - | - | - | 1 | - |
---|
Net cash provided by (used in) investing activities | - | -11 | -26 | 12 | -25 | -7 | 1 | 57 |
---|
Proceeds from Issuance of Common Stock | 36 | - | 5 | - | 5 | - | - | 5 |
---|
Repurchase of common stock | - | - | - | - | - | - | - | -0 |
---|
Proceeds from Lines of Credit | - | - | - | - | - | - | - | 20 |
---|
Repayment of lines of credit | - | - | - | - | - | - | - | 20 |
---|
Paydown of long-term debt | - | - | - | - | - | - | - | 3 |
---|
Net cash provided by (used in) financing activities | - | 4 | 16 | 4 | 6 | 5 | -5 | 2 |
---|
Net increase (decrease) in cash | - | - | - | - | -3 | 1 | 2 | 18 |
---|
Interest paid | - | - | - | 3 | 3 | 3 | 3 | 3 |
---|
Income Taxes Paid, Net | - | - | - | -0 | 0 | -0 | 0 | -0 |
---|
Increase in note receivable from sale of agency business | - | - | - | - | - | - | 6 | - |
---|