Note 7 - Segment Information

3 Months Ended

Mar. 31, 2022

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

7. SEGMENT INFORMATION

AmerInst has two reportable segments: (1) reinsurance and corporate, previously called the reinsurance segment, through which the company provided reinsurance under the now commuted reinsurance agreements, conducted investment operations and conducts other corporate activities and (2) insurance activity, through which the Company offers professional liability solutions to professional service firms under the Agency Agreements, as defined in the “Overview” section below. The tables below summarize the results of our reportable segments as of and for the three months ended March 31, 2022 and 2021.

	As of and for the Three Months Ended March 31, 2022
	Reinsurance and Corporate			Insurance Segment			Total
Revenues	$	29		$	777,505		$	777,537
Total expenses		171,402			816,396			987,798
Segment income		(171,373	)		(38,888	)		(210,261	)
Identifiable assets		—			848,547			848,547

	As of and for the Three Months Ended March 31, 2021
	Reinsurance Segment		Insurance Segment		Total
Revenues	$	2,171,668	$	1,033,735	$	3,205,403
Total losses and expenses		1,871,283		989,973		2,861,256
Segment income		300,385		43,762		344,147
Identifiable assets		—		1,042,693		1,042,693