Note 6 - Segment Information

3 Months Ended

Mar. 31, 2023

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

6. SEGMENT INFORMATION

AmerInst has two reportable segments: (1) reinsurance and corporate, 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, 2023 and 2022.

	As of and for the Three Months Ended March 31, 2023
	Corporate Segment			Insurance Segment			Total
Revenues	$	224		$	629,367		$	629,591
Total expenses		126,989			890,445			1,017,434
Segment loss		(126,765	)		(261,078	)		(387,843	)
Identifiable assets		—			568,996			568,996

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