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Kingsway Q1 Financial Results Hit Again by Lincoln Reserving

International News • May 8, 2008
Specialty insurer Kingsway Financial Services swung to a loss in the first quarter as it increased reserves at its Lincoln General and Kingsway General subsidiaries, the company said ...

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Subject: Kingsway General Agents

Posted On: May 8, 2008, 3:10 pm CDT
Posted By: AZInsMan
Comment:
LGIC has one general agency in AZ. selling non-standard auto through Lincoln while maintaining their wholly owned underwriting company in-house. I wonder which one generates a profitable loss ratio? This general agency has never produced profitable results for reinsurers beyond the honeymoon years of any treaty. But, they keep coming back for more? Kingsway's choice in this general agent will continue to bring "surprises" for years to come.
Subject Posted By Posted On
Kingsway General Agents AZInsMan
May 8, 2008, 3:10 pm
Reserves vs Rates Confused on the math?
May 8, 2008, 1:56 pm
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