| Kingsway Financial Services Inc. (KFSI) is a holding company that operates through its wholly owned subsidiaries in the property and casualty insurance business. During the year ended December 31, 2007, non-standard automobile business became the largest business line for KFSI and accounted for 31% of KFSI's $1.96 billion of gross premiums written (GPW). KFSI is engaged in trucking insurers in North America. This line of business comprised 21% of KFSI's GPW in 2007. In addition to revenue derived from premiums earned, KFSI also derives revenue from premium financing and investment income. In September 2008, KFSI announced the closing of sale of York Fire & Casualty Insurance Company (York) to La Capitale General Insurance Inc. |
