PHILADELPHIA INSURANCE COMPANIES
ADDITIONAL SUPPLEMENTAL INFORMATION
FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2008 AND 2007
(DOLLARS IN THOUSANDS, EXCEPT PER SHARE AMOUNTS )
ADDITIONAL SUPPLEMENTAL INFORMATION
FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2008 AND 2007
(DOLLARS IN THOUSANDS, EXCEPT PER SHARE AMOUNTS )
NET LOSS AND LOSS ADJUSTMENT EXPENSES:
Net Incurred Loss and Loss Adjustment Expenses | Net Paid Loss and Loss Adjustment Expenses | |||||||||||||||||||||||||||||||
For The Three Months Ended | For The Nine Months Ended | For The Three Months Ended | For The Nine Months Ended | |||||||||||||||||||||||||||||
September 30, | September 30, | September 30, | September 30, | |||||||||||||||||||||||||||||
PRODUCTS | 2008 | 2007 | 2008 | 2007 | 2008 | 2007 | 2008 | 2007 | ||||||||||||||||||||||||
COMMERCIAL LINES | $ | 200,510 | $ | 146,416 | $ | 566,596 | $ | 385,122 | $ | 140,097 | $ | 102,266 | $ | 371,137 | $ | 261,412 | ||||||||||||||||
SPECIALTY LINES | 31,579 | (3,149 | ) | 79,548 | 51,651 | 28,156 | 15,043 | 70,890 | 50,538 | |||||||||||||||||||||||
RUN-OFF (PERSONAL LINES) | 1,750 | 1,538 | 4,384 | 7,126 | 2,125 | 2,959 | 6,775 | 9,090 | ||||||||||||||||||||||||
TOTAL NET LOSS AND LOSS ADJUSTMENT EXPENSES | $ | 233,839 | $ | 144,805 | $ | 650,528 | $ | 443,899 | $ | 170,377 | $ | 120,268 | $ | 448,802 | $ | 321,040 | ||||||||||||||||
Net Loss & Lae Reserves @ September 30, 2008 | $ | 1,463,641 | ||
Taxable Equivalent Yield @ September 30, 2008 | 5.5 | % | ||
Portfolio Duration @ September 30, 2008 | 5.5 yrs | |||
Book Value Per Common Share @ September 30, 2008 | $ | 22.38 | ||
Shares Repurchased During the Three Months Ended September 30, 2008 | 0 |