Kingsway Financial Services Inc operates in the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Kingsway Financial Services Inc with three other
insurance companies in North America:
Echelon Financial Holdings Inc
(2017
sales of 239.96 million Canadian Dollars [US$188.06 million]
of which 69%
was Personal Lines),
Nmi Holdings Inc
of the United States
($178.64 million
of which 100%
was Insurance & Related Activities), and
Atlas Financial Holdings, Incorporation
(287.47 million Canadian Dollars [US$225.29 million]
).
Sales Analysis.
Kingsway Financial Services Inc reported sales of C$239.61 million (US$187.79 million)
for the
year ending
December of 2017.
This
represents
an
increase of 4.8%
versus 2016, when the company's sales were C$228.68 million.
Sales at Kingsway Financial Services Inc have increased during each of the previous five years
(and since 2012, sales have increased a total of 48%).
Sales of Insuance Services and Other Services saw an increase
that was more than double the company's growth rate: sales were up
148.3% in 2017, from
C$7.23 million to C$17.95 million.
Kingsway Financial Services Inc also saw significant increases in sales in
Insurance Services (up 28.3% to C$41.57 million)
.
Not all segments of Kingsway Financial Services Inc experienced an increase in sales in 2017:
sales of Unallocated fell 22.9% to C$8.93 million.
Kingsway Financial Services Inc also experienced decreases in sales in
Insurance Underwriting (down 0.2% to C$181.75 million)
.