PHILADELPHIA CONSOLIDATED HOLDING CORP. AND SUBSIDIARIES
ADDITIONAL SUPPLEMENTAL INFORMATION
FOR THE THREE MONTHS ENDED MARCH 31, 2004 AND 2003
(IN THOUSANDS)
NET LOSS AND LOSS ADJUSTMENT EXPENSES:
Net Incurred Loss and | Net Paid Loss and | |||||||||||||||
Loss Adjustment Expenses | Loss Adjustment Expenses | |||||||||||||||
For The Three Months Ended | For The Three Months Ended | |||||||||||||||
March 31, | March 31, | |||||||||||||||
PRODUCTS | 2004 | 2003 | 2004 | 2003 | ||||||||||||
COMMERCIAL LINES | $ | 73,909 | $ | 65,938 | $ | 46,624 | $ | 33,885 | ||||||||
SPECIALTY LINES | 18,055 | 18,641 | 14,165 | 9,003 | ||||||||||||
PERSONAL LINES | 4,279 | 5,781 | 3,640 | 5,605 | ||||||||||||
TOTAL NET LOSS AND LOSS ADJUSTMENT EXPENSES | $ | 96,243 | $ | 90,360 | $ | 64,429 | $ | 48,493 | ||||||||
Net Loss & Lae Reserves @ March 31, 2004 | $ | 513,310 | ||||||||||||||
Taxable Equivalent Yield @ March 31, 2004 | 4.8 | % | ||||||||||||||
Portfolio Duration @ March 31, 2004 | 3.9 yrs | |||||||||||||||
Book Value Per Common Share @ March 31, 2004 | $ | 26.16 | ||||||||||||||
Shares Repurchased During the Three Months Ended March 31, 2004 | 0 | |||||||||||||||