October 17, 2016 / 8:16 PM / a year ago

BRIEF-1347 Property Insurance to conduct strategic review

Oct 17 (Reuters) - 1347 Property Insurance Holdings Inc

* To conduct strategic review

* Co and its board have commenced a strategic and financial review to evaluate various means of enhancing shareholder value

* Co says review will include, among other things, a thorough evaluation of company’s current operating plan

* Co says review will include, among other things, assessing potential new states or geographies in which PIH can grow

* Board will also examine value-enhancing initiatives such as continuing and expanding company’s share-repurchase program

* Says board will also examine sale of certain assets of company, or some other business combination Source text for Eikon: Further company coverage:

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