Kingsway Announces Availability of Annual Letter to Shareholders

Rhea-AI Summary

On July 22, 2020, Kingsway Financial Services Inc. (NYSE: KFS) announced the availability of its annual letter to shareholders from CEO John T. Fitzgerald. The letter provides insights into the company's activities and financial performance over the last year. Kingsway, primarily involved in extended warranties, asset management, and real estate, emphasizes its commitment to transparency with shareholders. The letter and additional reports are accessible through the company’s website and regulatory filings.

Positive

• Transparency commitment with shareholders through the annual letter.
• Availability of detailed financial and operational data via regulatory filings.

Negative

• None.

ITASCA, Ill., July 22, 2020 /PRNewswire/ - (NYSE: KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company") announced today that a letter to its shareholders from John T. Fitzgerald, the Company's President and CEO, has been made available (the "Letter"). The Letter can be found on the Company's website by following either of the following links:  http://bit.ly/kfs2019 or http://kingsway-financial.com/new/wp-content/investorRelations/2019 Annual Letter to Shareholders of Kingsway Financial Services Inc..pdf.

About the Company

Kingsway is a holding company that owns or controls subsidiaries primarily in the extended warranty, asset management and real estate industries. The common shares of Kingsway are listed on the New York Stock Exchange under the trading symbol "KFS."

Forward-Looking Statements

This press release and/or the Letter may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are not historical facts, and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as "expects," "believes," "anticipates," "intends," "estimates," "seeks" and variations and similar words and expressions are intended to identify such forward-looking statements; however, the absence of any such words does not mean that a statement is a not a forward-looking statement. Such forward-looking statements relate to future events or future performance but reflect Kingsway management's current beliefs, based on information currently available. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. For information identifying important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, please refer to the section entitled "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2019. Except as expressly required by applicable securities law, the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Additional Information

Additional information about Kingsway, including a copy of its 2019 Annual Report and filings on Forms 10-Q and 8-K, can be accessed on the Canadian Securities Administrators' website at www.sedar.com, on the EDGAR section of the U.S. Securities and Exchange Commission's website at www.sec.gov or through the Company's website at www.kingsway-financial.com.

View original content:http://www.prnewswire.com/news-releases/kingsway-announces-availability-of-annual-letter-to-shareholders-301098267.html

SOURCE Kingsway Financial Services Inc.

FAQ

What does Kingsway Financial Services Inc. do?

Kingsway is a holding company with subsidiaries in the extended warranty, asset management, and real estate sectors.

Where can I find the annual letter to shareholders for Kingsway (KFS)?

The annual letter is available on Kingsway's website and can be accessed through provided links in the press release.

When was the annual letter to shareholders released by Kingsway?

The letter was released on July 22, 2020.

What is the stock symbol for Kingsway Financial Services?

The stock symbol for Kingsway Financial Services is KFS.

How can I access Kingsway's financial reports?

Kingsway's financial reports can be accessed on the Canadian Securities Administrators' website, SEC's EDGAR section, or through the company's official website.