GAAP Financials

As Reported Financials

Source Document Currency Code (in thousands) 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 9/30/2018 USD 2018 Q3 YTD 9/30/2018 USD
Source Document Currency Code 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 9/30/2018 USD 2018 Q3 YTD 9/30/2018 USD

Assets

Investment securities

Debt securities, at fair value 84,405 107,093 113,163 136,536 121,996
Equity securities, at fair value 4,084 4,240 4,579 9,687 9,832
Short-term investments, at fair value 16,749 6,391 10,788 11,427 9,905
Total investments 105,238 117,724 128,530 157,650 141,733
Cash 18,488 12,703 12,493 11,868 16,455
Premiums and agents' balances receivable, net 14,478 18,010 24,538 22,845 22,415
Receivable from affiliate 0 1,792 1,751 1,195 1,321
Reinsurance recoverables on unpaid losses 3,224 5,405 6,658 20,066 27,118
Reinsurance recoverables on paid losses 1,915 1,639 840 4,473 2,540
Prepaid reinsurance premiums 9,510 3,483 4,120 1,081 1,498
Deferred policy acquisition costs 5,679 12,102 13,290 12,781 11,843
Other assets 5,206 5,069 11,481 7,073 8,074
Total assets 163,738 177,927 203,701 239,032 232,997

Liabilities and Shareholders' Equity

Liabilities

Unpaid losses and loss adjustment expenses 31,531 35,422 54,651 87,896 91,046
Unearned premiums 43,381 47,916 58,126 57,672 51,701
Reinsurance premiums payable 7,069 1,069 0 3,299 0
Debt 27,562 12,750 17,750 29,027 29,750
Accounts payable and accrued expenses 2,521 2,758 5,380 NA NA
Other liabilities 1,396 750 NA NA NA
Accounts payable and other liabilities NA NA NA 8,312 13,961
Total liabilities 113,460 100,665 135,907 186,206 186,458
Commitments and contingencies 0 0 0 0 0
Redeemable preferred stock 6,119 NA NA NA NA

Shareholders' equity

Common stock 46,119 80,111 80,342 86,199 86,915
Accumulated deficit (3,095) (3,031) (11,468) (33,010) (36,982)
Accumulated other comprehensive income (loss) 1,158 182 (1,080) (363) (3,394)
Total shareholders' equity attributable to Conifer 44,182 NA NA NA NA
Noncontrolling interest (23) NA NA NA NA
Total shareholders' equity 44,159 77,262 67,794 52,826 46,539
Total liabilities and shareholders' equity 163,738 177,927 203,701 239,032 232,997
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.