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Kingsway Announces Availability of Annual Letter to Shareholders

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Kingsway Financial Services Inc. (KFS) has released a letter to its shareholders from President and CEO John T. Fitzgerald, available on the company's website. Kingsway operates in the extended warranty, asset management, and real estate sectors. The letter includes forward-looking statements about the company's performance and potential risks. Investors are encouraged to read the company's 2020 Annual Report for a comprehensive overview of its financial status and future projections.

Positive
  • Availability of the annual shareholder letter enhances transparency.
  • Kingsway operates in diversified sectors: extended warranty, asset management, and real estate.
Negative
  • Forward-looking statements carry inherent risks and uncertainties.
  • No specific financial metrics or updates provided which may concern investors.

ITASCA, Ill., March 29, 2021 /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 at http://bit.ly/kfs2020.

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, 2020. 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 2020 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.

Cision View original content:http://www.prnewswire.com/news-releases/kingsway-announces-availability-of-annual-letter-to-shareholders-301257473.html

SOURCE Kingsway Financial Services Inc.

FAQ

What does the recent shareholder letter from Kingsway (KFS) include?

The letter from CEO John T. Fitzgerald discusses company performance and future expectations.

Where can I find Kingsway's annual letter to shareholders?

The letter is available on Kingsway's website.

What are the main sectors Kingsway Financial Services (KFS) operates in?

Kingsway operates primarily in the extended warranty, asset management, and real estate industries.

What risks are associated with Kingsway's forward-looking statements?

Forward-looking statements may involve risks and uncertainties that could lead to different actual results.

How can I access Kingsway's 2020 Annual Report?

Kingsway's 2020 Annual Report can be accessed via their website and securities regulatory authorities.

Kingsway Financial Services, Inc.

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