Note 4 - Segment Information

9 Months Ended

Sep. 30, 2018

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

4.

SEGMENT INFORMATION

AmerInst has

two

reportable segments: (

1

) reinsurance activity, which also includes investments and other activities, and (

2

) insurance activity, which offers professional liability solutions to professional service firms under the Agency Agreement with C&F, as defined in the “Overview” section below.

The tables below summarize the results of our reportable segments as of and for the

nine

months ended

September 30, 2018

and

2017.

	As of and for the Nine Months Ended September 30, 201 8
	Reinsurance Segment		Insurance Segment		Total
Revenues	$	8,385,269	$	4,094,462	$	12,479,731
Total losses and expenses		8,318,960		3,888,747		12,207,707
Segment income		66,309		205,715		272,024
Identifiable assets		—		636,500		636,500

	As of and for the Nine Months Ended September 30, 2017
	Reinsurance Segment		Insurance Segment		Total
Revenues	$	7,667,097	$	3,553,826	$	11,220,923
Total losses and expenses		7,331,376		3,136,975		10,468,351
Segment income		335,721		416,851		752,572
Identifiable assets		—		269,789		269,789

The tables below summarize the results of our reportable segments as of and for the

three

months ended

September 30, 2018

and

2017.

	As of and for the Three Months Ended September 30, 2018
	Reinsurance Segment		Insurance Segment		Total
Revenues	$	3,212,326	$	1,335,339	$	4,547,665
Total losses and expenses		2,842,754		1,265,456		4,108,210
Segment income		369,572		69,883		439,455
Identifiable assets		—		636,500		636,500

	As of and for the Three Months Ended September 30, 201 7
	Reinsurance Segment			Insurance Segment		Total
Revenues	$	2,579,771		$	1,164,418	$	3,744,189
Total losses and expenses		2,624,427			1,014,702		3,639,129
Segment (loss) income		(44,656	)		149,716		105,060
Identifiable assets		—			269,789		269,789