Presurance Holdings, Inc. 9.75% Senior Unsecured Notes due 2028
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $69.5M
- Price
- $18.79
- % Change (Daily % change from the live per-ticker quote feed.)
- +1.54%
- Volume
- 1.6K
About
Designated by the ticker symbol PRHIZ, these refer to the senior unsecured debt obligations issued by Presurance Holdings, Inc. As fixed-income investments, they offer investors an annual interest rate (coupon) of 9.75% and are set to mature in the year 2028. These notes are publicly traded on the NASDAQ exchange, serving as an integral component of the company's overall debt financing strategy.
Quick stats
Shares outstanding3.7M
Computed float488.4K
Float / shares13.2%
Cash runway (months)22.5
Key info
SectorFinancial Services
IndustryInsurance - Property & Casualty
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001502292
Websitehttps://ir.cnfrh.com/
AI Summary
AI-generated1/4
majorbullishearnings
Presurance Holdings Reports 2026 Second Quarter Financial Results
Presurance Holdings reported a significant turnaround in the second quarter, with net income doubling to $5.2 million for the first half of the year and the combined ratio improving drastically to 86.4% from 131.2% in the prior year period.
The improved profitability was driven by disciplined underwriting and a strategic exit from commercial lines, though this shift resulted in a 38% year-over-year decline in gross written premiums.
Management highlighted that the new strategy prioritizes earnings quality over scale, supported by a favorable loss ratio of 24.6% and a book value of $7.41 per share.
Red flags
- Gross written premiums declined 38% year-over-year due to strategic exit from commercial lines
- Q2 combined ratio benefited from 31 percentage points of favorable prior year reserve development