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

PHILADELPHIA INSURANCE COMPANIESSUMMARY SEGMENT TOTALS FOR THE THREE MONTHS ENDED MARCH 31, 2006 AND 2005 (IN THOUSANDS)

	3/31/2006		3/31/2005		2006 VS. 2005			3/31/2006		3/31/2005		2006 VS. 2005
	GROSS		GROSS		%			GROSS		GROSS		%
	WRITTEN		WRITTEN		INCREASE			EARNED		EARNED		INCREASE
	PREMIUMS		PREMIUMS		<DECREASE>			PREMIUMS		PREMIUMS		<DECREASE>
COMMERCIAL LINES		243,107		210,010		15.8	%		240,786		213,735		12.7	%
SPECIALTY LINES		58,068		53,635		8.3	%		51,501		47,314		8.8	%
PERSONAL LINES		26,867		21,460		25.2	%		25,341		26,963		-6.0	%
TOTAL ALL LINES		328,042		285,105		15.1	%		317,628		288,012		10.3	%

	3/31/2006		3/31/2005		2006 VS. 2005			3/31/2006		3/31/2005		2006 VS. 2005
	NET		NET		%			NET		NET		%
	WRITTEN		WRITTEN		INCREASE			EARNED		EARNED		INCREASE
	PREMIUMS		PREMIUMS		<DECREASE>			PREMIUMS		PREMIUMS		<DECREASE>
COMMERCIAL LINES		228,119		204,323		11.6	%		224,370		183,718		22.1	%
SPECIALTY LINES		45,428		36,301		25.1	%		39,928		35,385		12.8	%
PERSONAL LINES		14,409		13,162		9.5	%		12,248		17,652		-30.6	%
TOTAL ALL LINES		287,956		253,786		13.5	%		276,546		236,755		16.8	%