Philadelphia Consolidated Holding (PHLY) 8-K Philadelphia Consolidated Holding Corp. Announces Second Quarter 2003 Reserve Actions

PHILADELPHIA CONSOLIDATED HOLDING CORP. AND SUBSIDIARIES
SUMMARY SEGMENT TOTALS
FOR THE THREE MONTHS ENDED JUNE 30, 2003 AND 2002
(IN THOUSANDS)

	06/30/03		06/30/02		2003 VS. 2002			06/30/03		06/30/02		2003 VS. 2002
	GROSS		GROSS		%			GROSS		GROSS		%
	WRITTEN		WRITTEN		INCREASE			EARNED		EARNED		INCREASE
	PREMIUMS		PREMIUMS		<DECREASE>			PREMIUMS		PREMIUMS		<DECREASE>
COMMERCIAL LINES		151,464		108,471		39.6	%		126,646		89,997		40.7	%
SPECIALTY LINES		33,701		27,895		20.8	%		32,207		22,325		44.3	%
PERSONAL LINES		25,742		24,414		5.4	%		21,343		18,998		12.3	%
TOTAL		210,907		160,780		31.2	%		180,196		131,320		37.2	%

	06/30/03		06/30/02		2003 VS. 2002			06/30/03		06/30/02		2003 VS. 2002
	NET		NET		%			NET		NET		%
	WRITTEN		WRITTEN		INCREASE			EARNED		EARNED		INCREASE
	PREMIUMS		PREMIUMS		<DECREASE>			PREMIUMS		PREMIUMS		<DECREASE>
COMMERCIAL LINES		61,944		86,340		-28.3	%		89,554		70,275		27.4	%
SPECIALTY LINES		11,967		25,715		-53.5	%		23,632		20,474		15.4	%
PERSONAL LINES		4,292		13,305		-67.7	%		8,264		9,524		-13.2	%
TOTAL		78,203		125,360		-37.6	%		121,450		100,273		21.1	%