1
PHILADELPHIA CONSOLIDATED HOLDING CORP. AND SUBSIDIARIES
ADDITIONAL SUPPLEMENTAL INFORMATION
FOR THE 4TH QUARTER AND YEARS ENDED DECEMBER 31, 2000 AND 1999
(IN THOUSANDS)
NET LOSS AND LOSS ADJUSTMENT EXPENSES:
THREE MONTHS ENDED TWELVE MONTHS ENDED
DECEMBER 31, DECEMBER 31,
PRODUCTS 2000 1999 2000 1999
- -------- ---- ---- ---- ----
COMMERCIAL AUTO $ 3,371 $ 2,397 $ 10,383 $10,788
SUPPLEMENTAL LIABILITY 2,958 505 12,159 8,719
COMMERCIAL PACKAGE 14,287 11,044 50,447 46,154
SPECIALTY LINES 9,911 4,628 35,350 17,873
SPECIALTY PROPERTY 1,785 1,649 6,435 5,742
MOBILE/ HOMEOWNERS 3,536 4,517 13,039 9,251
NATIONAL FLOOD INSURANCE PROGRAM 0 0 0 0
MISCELLANEOUS 1,172 151 3,053 556
------- ------- -------- -------
SUB TOTAL 37,020 24,891 130,866 99,083
INVOLUNTARY POOLS & ASSOCIATION 102 (11) 438 326
------- ------- -------- -------
TOTAL NET LOSS AND LOSS
ADJUSTMENT EXPENSES $37,122 $24,880 $131,304 $99,409
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NET LOSS & LAE RESERVES @ DECEMBER 31, 2000 $195,464
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STATUTORY SURPLUS - DECEMBER 31, 2000 $198,562
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SHARES REPURCHASED DURING THE THREE MONTHS ENDED
DECEMBER 31, 2000 0
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2
PHILADELPHIA CONSOLIDATED HOLDING CORP. AND SUBSIDIARIES
SUMMARY PRODUCT LINE TOTALS
FOR THE 4TH QUARTER ENDED DECEMBER 31, 2000 AND 1999
(IN THOUSANDS)
12/31/00 12/31/99 2000 VS. 1999 12/31/00 12/31/99 2000 VS. 1999
GROSS GROSS % GROSS GROSS %
WRITTEN WRITTEN INCREASE EARNED EARNED INCREASE
PREMIUMS PREMIUMS (DECREASE) PREMIUMS PREMIUMS (DECREASE)
-------- -------- ---------- -------- -------- ----------
COMMERCIAL AUTO 4,019 7,311 -45.0% 4,416 5,031 -12.2%
SLI 16,231 14,445 12.4% 16,231 14,445 12.4%
COMMERCIAL PACKAGE 32,191 20,643 55.9% 29,004 21,487 35.0%
SPECIALTY LINES 16,501 13,009 26.8% 16,946 11,747 44.3%
SPECIALTY PROPERTY 4,028 3,475 15.9% 5,143 5,190 -0.9%
MANUFACTURED HOUSING/ HOMEOWNERS 10,981 8,191 34.1% 10,815 8,257 31.0%
NATIONAL FLOOD INSURANCE PROGRAM 2,140 2,283 -6.3% 2,585 2,336 10.7%
MISCELLANEOUS 4,493 1,118 301.8% 3,927 613 540.2%
------ ------ ----- ------ ------ -----
SUB TOTAL 90,584 70,475 28.5% 89,067 69,106 28.9%
INVOLUNTARY POOLS 178 57 214.2% 143 49 194.2%
------ ------ ----- ------ ------ -----
TOTAL ALL LINES 90,762 70,532 28.7% 89,210 69,155 29.0%
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12/31/00 12/31/99 2000 VS. 1999 12/31/00 12/31/99 2000 VS. 1999
NET NET % NET NET %
WRITTEN WRITTEN INCREASE EARNED EARNED INCREASE
PREMIUMS PREMIUMS (DECREASE) PREMIUMS PREMIUMS (DECREASE)
-------- -------- ---------- -------- -------- ----------
COMMERCIAL AUTO 4,181 5,993 -30.2% 4,388 3,495 25.6%
SLI 4,883 3,648 33.8% 4,883 3,648 33.8%
COMMERCIAL PACKAGE 31,117 19,109 62.9% 26,728 19,203 39.2%
SPECIALTY LINES 15,916 10,926 45.7% 16,281 9,954 63.6%
SPECIALTY PROPERTY 2,621 2,301 13.9% 2,692 1,790 50.4%
MANUFACTURED HOUSING/ HOMEOWNERS 10,745 3,862 178.2% 8,073 5,375 50.2%
NATIONAL FLOOD INSURANCE PROGRAM 0 0 0.0% 0 0 0.0%
MISCELLANEOUS 2,265 708 219.9% 1,913 276 592.0%
------ ------ ----- ------ ------ -----
SUB TOTAL 71,728 46,547 54.1% 64,958 43,741 48.5%
INVOLUNTARY POOLS 178 57 214.2% 145 49 194.2%
------ ------ ----- ------ ------ -----
TOTAL ALL LINES 71,906 46,604 54.3% 65,103 43,790 48.7%
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3
PHILADELPHIA CONSOLIDATED HOLDING CORP. AND SUBSIDIARIES
SUMMARY PRODUCT LINE TOTALS
FOR THE YEARS ENDED DECEMBER 31, 2000 AND 1999
(IN THOUSANDS)
12/31/00 12/31/99 2000 VS. 1999 12/31/00 12/31/99 2000 VS. 1999
GROSS GROSS % GROSS GROSS %
WRITTEN WRITTEN INCREASE EARNED EARNED INCREASE
PREMIUMS PREMIUMS (DECREASE) PREMIUMS PREMIUMS (DECREASE)
-------- -------- ---------- -------- -------- ----------
COMMERCIAL AUTO 14,734 24,074 -38.8% 19,323 21,422 -9.8%
SLI 66,282 64,930 2.1% 66,282 64,930 2.1%
COMMERCIAL PACKAGE 120,402 86,851 38.6% 100,591 81,789 23.0%
SPECIALTY LINES 68,193 48,532 40.5% 59,880 39,382 52.1%
SPECIALTY PROPERTY 21,307 21,642 -1.5% 20,895 12,969 61.1%
MANUFACTURED HOUSING/HOMEOWNERS 44,185 20,109 119.7% 40,232 19,011 111.6%
NATIONAL FLOOD INSURANCE PROGRAM 10,048 5,305 89.4% 10,098 4,551 121.9%
MISCELLANEOUS 16,190 3,099 422.4% 10,585 1,566 575.9%
------- ------- ----- ------- ------- -----
SUB TOTAL 361,341 274,542 31.6% 327,886 245,620 33.5%
INVOLUNTARY POOLS 531 376 41.4% 464 358 29.7%
------- ------- ----- ------- ------- -----
TOTAL ALL LINES 361,872 274,918 31.6% 328,350 245,978 33.5%
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12/31/00 12/31/99 2000 VS. 1999 12/31/00 12/31/99 2000 VS. 1999
NET NET % NET NET %
WRITTEN WRITTEN INCREASE EARNED EARNED INCREASE
PREMIUMS PREMIUMS (DECREASE) PREMIUMS PREMIUMS (DECREASE)
-------- -------- ---------- -------- -------- ----------
COMMERCIAL AUTO 13,279 19,640 -32.4% 16,457 18,242 -9.8%
SLI 19,111 16,297 17.3% 19,111 16,297 17.3%
COMMERCIAL PACKAGE 110,481 79,366 39.2% 91,670 75,166 22.0%
SPECIALTY LINES 67,860 40,935 65.8% 56,884 33,433 70.1%
SPECIALTY PROPERTY 11,301 11,503 -1.8% 9,531 7,604 25.3%
MANUFACTURED HOUSING/HOMEOWNERS 32,139 14,057 128.6% 28,158 12,859 119.0%
NATIONAL FLOOD INSURANCE PROGRAM 0 0 0.0% 0 0 0.0%
MISCELLANEOUS 8,727 1,897 359.9% 5,017 956 424.6%
------- ------- ------ ------- ------- -----
SUB TOTAL 262,898 183,695 43.1% 226,828 164,557 37.8%
INVOLUNTARY POOLS 531 376 41.4% 464 358 29.7%
------- ------- ------ ------- ------- -----
TOTAL ALL LINES 263,429 184,071 43.1% 227,292 164,915 37.8%
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