1
PHILADELPHIA CONSOLIDATED HOLDING CORP. AND SUBSIDIARIES
SUMMARY SEGMENT TOTALS
FOR THE SIX MONTHS ENDED JUNE 30, 2001 AND 2000
(IN THOUSANDS)
06/30/01 06/30/00 2001 VS. 2000 06/30/01 06/30/00 2001 VS. 2000
GROSS GROSS % GROSS GROSS %
WRITTEN WRITTEN INCREASE EARNED EARNED INCREASE
PREMIUMS PREMIUMS (DECREASE) PREMIUMS PREMIUMS (DECREASE)
-------- -------- ------------- -------- -------- -------------
COMMERCIAL LINES 135,590 103,861 30.5% 125,785 100,865 24.7%
SPECIALTY LINES 41,598 33,598 23.8% 35,168 26,893 30.8%
PERSONAL LINES 47,519 29,530 60.9% 31,479 23,938 31.5%
------- ------- ------- ------- ------- -------
TOTAL 224,707 166,989 34.6% 192,432 151,696 26.9%
======= ======= ======= ======= ======= =======
06/30/01 06/30/00 2001 VS. 2000 06/30/01 06/30/00 2001 VS. 2000
NET NET % NET NET %
WRITTEN WRITTEN INCREASE EARNED EARNED INCREASE
PREMIUMS PREMIUMS (DECREASE) PREMIUMS PREMIUMS (DECREASE)
-------- -------- ------------- -------- -------- -------------
COMMERCIAL LINES 94,305 66,649 41.5% 86,078 64,473 33.5%
SPECIALTY LINES 36,732 34,668 6.0% 32,711 25,348 29.0%
PERSONAL LINES 28,585 16,496 73.3% 19,438 13,097 48.4%
------- ------- ------- ------- ------- -------
TOTAL 159,623 117,812 35.5% 138,226 102,918 34.3%
======= ======= ======= ======= ======= =======
2
PHILADELPHIA CONSOLIDATED HOLDING CORP. AND SUBSIDIARIES
SUMMARY SEGMENT TOTALS
FOR THE 2nd QUARTER ENDED JUNE 30, 2001 AND 2000
(IN THOUSANDS)
06/30/01 06/30/00 2001 VS. 2000 06/30/01 06/30/00 2001 VS. 2000
GROSS GROSS % GROSS GROSS %
WRITTEN WRITTEN INCREASE EARNED EARNED INCREASE
PREMIUMS PREMIUMS (DECREASE) PREMIUMS PREMIUMS (DECREASE)
-------- -------- ------------- -------- -------- -------------
COMMERCIAL LINES 75,200 59,090 27.3% 66,570 54,075 23.1%
SPECIALTY LINES 21,015 17,368 21.0% 18,279 14,352 27.4%
PERSONAL LINES 24,459 13,385 82.7% 16,366 12,346 32.6%
------- ------- ------- ------- ------- -------
TOTAL 120,674 89,843 34.3% 101,215 80,774 25.3%
======= ======= ======= ======= ======= =======
06/30/01 06/30/00 2001 VS. 2000 06/30/01 06/30/00 2001 VS. 2000
NET NET % NET NET %
WRITTEN WRITTEN INCREASE EARNED EARNED INCREASE
PREMIUMS PREMIUMS (DECREASE) PREMIUMS PREMIUMS (DECREASE)
-------- -------- ------------- -------- -------- -------------
COMMERCIAL LINES 52,495 37,756 39.0% 44,660 33,845 32.0%
SPECIALTY LINES 18,847 16,602 13.5% 16,855 13,627 23.7%
PERSONAL LINES 11,194 5,326 110.2% 10,189 6,819 49.4%
------- ------- ------- ------- ------- -------
TOTAL 82,536 59,684 38.3% 71,704 54,292 32.1%
======= ======= ======= ======= ======= =======
3
PHILADELPHIA CONSOLIDATED HOLDING CORP. AND SUBSIDIARIES
ADDITIONAL SUPPLEMENTAL INFORMATION
FOR THE SIX AND THREE MONTHS ENDED JUNE 30, 2001 AND 2000
(IN THOUSANDS)
NET LOSS AND LOSS ADJUSTMENT EXPENSES:
THREE MONTHS ENDED SIX MONTHS ENDED
JUNE 30, JUNE 30,
-------------------- ---------------------
PRODUCTS 2001 2000 2001 2000
------- ------- ------- -------
COMMERCIAL LINES $27,097 $19,943 $51,510 $37,575
SPECIALTY LINES 10,586 8,534 20,604 15,892
PERSONAL LINES 5,183 3,496 9,904 6,745
------- ------- ------- -------
TOTAL NET LOSS AND LOSS
ADJUSTMENT EXPENSES $42,866 $31,973 $82,018 $60,212
======= ======= ======= =======
NET LOSS & LAE RESERVES @ JUNE 30, 2001 $222,877
========
STATUTORY SURPLUS - JUNE 30, 2001 $200,164
========
TAXABLE EQUIVALENT YIELD @ JUNE 30, 2001 7.2%
--------
PORTFOLIO DURATION @ JUNE 30, 2001 3.2 YRS
--------
SHARES REPURCHASED DURING THE SIX MONTHS ENDED
JUNE 30, 2001 0
========