Conifer Holdings: Surges on quarterly profit

Presurance Holdings

13/08/2020 15:51

** Insurance holding company's  CNFR.O  shares jump 18.6% to
$2.9, set for biggest one-day pct. gain ever
    ** Company reports a profit of 16 cents per share in Q2
compared to a loss of 34 cents per share in 2019  urn:newsml:reuters.com:*:nGNX28LYhV
    ** Posts Q2 revenue of $25.3 mln, beating IBES Refinitiv
estimate of $21.5 mln
    ** Qtrly gross written premium rose 9.4% to $27.5 mln
    ** CNFR down 25% so far this year
    

 (Reporting by Shivani Kumaresan in Bengaluru)
 ((Shivani.Kumaresan@thomsonreuters.com ; +1 646 223 8780))