| Business Summary | | Kingsway
Financial
Services
Inc.
(KSFI)
is
a
property
and
casualty
insurance
company
in
North
America.
KSFI's
primary
business
is
the
insuring
of
automobiles
for
drivers
who
do
not
meet
the
criteria
for
coverage
by
standard
automobile
insurers.
The
Company's
lines
of
business
consist
of
Non-Standard
Automobile,
Standard
Automobile,
Motorcycle,
Property
(including
liability),
Commercial
Automobile
and
Other
Specialty
Lines.
In
addition
to
revenue
derived
from
premiums
earned,
the
Company
also
derives
revenue
from
premium
financing
and
investment
income. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Kingsway
Financial
Services
Inc.,
is
a
financial
services
holding
company
which,
through
its
subsidiaries
is
engaged
in
property
and
casualty
insurance.
For
the
three
months
ended
3/31/01,
revenues
increased
48%
to
C$177.6
million.
Net
income
totalled
C$9.2
million,
up
from
C$3.2
million.
Revenues
benefitted
from
increased
premiums
written
in
the
core
non-standard
automobile
markets
and
rate
increases.
Earnings
also
reflect
lower
commissions
as
a
%
of
sales. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
209,621;
after
tax
earnings
were
11,430. (Preliminary; reported in thousands of Canadian Dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | William Star | Chairman,
Pres, CEO | W. Shaun Jackson | CFO,
Exec. VP | Frank Amodeo | VP | G. Steven Smith | VP | Jim Thorndycraft | VP |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|