Philadelphia Consolidated Holding (PHLY) 8-K Results of Operations and Financial Condition

Exhibit 99.3

PHILADELPHIA INSURANCE COMPANIES
SUMMARY SEGMENT TOTALS
FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2004 AND 2003
(IN THOUSANDS)

	09/30/04		09/30/03		2004 VS. 2003			09/30/04		09/30/03		2004 VS. 2003
	GROSS		GROSS		%			GROSS		GROSS		%
	WRITTEN		WRITTEN		INCREASE			EARNED		EARNED		INCREASE
	PREMIUMS		PREMIUMS		<DECREASE>			PREMIUMS		PREMIUMS		<DECREASE>
COMMERCIAL LINES		289,002		224,797		28.6	%		209,686		154,392		35.8	%
SPECIALTY LINES		49,358		41,459		19.1	%		44,040		36,000		22.3	%
PERSONAL LINES		29,066		20,186		44.0	%		27,451		21,359		28.5	%
TOTAL ALL LINES		367,426		286,442		28.3	%		281,177		211,751		32.8	%

	09/30/04			09/30/03		2004 VS. 2003			09/30/04			09/30/03		2004 VS. 2003
	NET			NET		%			NET			NET		%
	WRITTEN			WRITTEN		INCREASE			EARNED			EARNED		INCREASE
	PREMIUMS			PREMIUMS		<DECREASE>			PREMIUMS			PREMIUMS		<DECREASE>
COMMERCIAL LINES		237,925			163,575		45.5	%		165,756			112,131		47.8	%
SPECIALTY LINES		41,626			30,452		36.7	%		35,791			26,478		35.2	%
PERSONAL LINES		(13,848	)		6,338		-318.5	%		(13,702	)		8,067		-269.9	%
TOTAL ALL LINES		265,703			200,365		32.6	%		187,845			146,676		28.1	%