Exhibit 99.3

The Midland Company

Supplemental Financial Information by Segment

Financial Highlights

	Six Months Ended June 30									Three Months Ended June 30
(all amounts in 000’s except per share data)	2007			2006			%			2007			2006			%
Income Statement Data
Insurance Revenue	$	406,526		$	352,865			15.2	%	$	209,319		$	177,714			17.8	%
Transportation Revenue		29,163			24,240			20.3	%		16,372			12,459			31.4	%
Total Revenue	$	435,689		$	377,105			15.5	%	$	225,691		$	190,173			18.7	%
Net Income	$	48,745		$	32,240
Balance Sheet Data
Cash & Invested Assets	$	1,045,340		$	944,274			10.7	%
Total Assets	$	1,613,015		$	1,429,766			12.8	%
Total Debt	$	98,280		$	100,475			-2.2	%
Shareholders’ Equity	$	614,150		$	510,406			20.3	%
Common Shares Outstanding		19,351			19,089
Per Share Data
Net Income (Diluted)	$	2.45		$	1.65					$	1.25		$	0.50
Dividends Declared	$	0.20000		$	0.12250			63.3	%	$	0.10000		$	0.06125			63.3	%
Market Value	$	46.94		$	37.98			23.6	%
Book Value	$	31.74		$	26.74			18.7	%
AMIG’s Property and Casualty Operations
Direct and Assumed Written Premiums	$	443,615		$	384,465			15.4	%	$	238,234		$	209,357			13.8	%
Net Written Premium	$	383,055		$	336,251			13.9	%	$	206,805		$	183,707			12.6	%
Combined Ratio Before Catastrophes		90.0	%		86.9	%					90.6	%		87.9	%
Catastrophe Effects on Combined Ratio		2.4	%		7.6	%					2.8	%		12.2	%
Combined Ratio		92.4	%		94.5	%					93.4	%		100.1	%
Overview of Premium Volume
	Six Months Ended June 30									Three Months Ended June 30
Business Segment	Gross Written Premium			Net Written Premium			Net Earned Premium			Gross Written Premium			Net Written Premium			Net Earned Premium
Residential Property	$	233.9		$	201.9		$	191.2		$	123.4		$	106.8		$	96.4
Recreational Casualty		55.7			54.9			46.3			34.1			33.7			23.5
Financial Institutions		100.6			94.7			87.3			51.8			49.2			46.3
All Other Insurance		83.4			43.3			43.7			45.1			23.6			22.4
Total	$	473.6		$	394.8		$	368.5		$	254.4		$	213.3		$	188.6
Residential Property
	Six Months Ended June 30									Three Months Ended June 30
(all amounts in 000’s)	2007			2006			%			2007			2006			%
Direct and Assumed Written Premiums	$	233,916		$	229,494			1.9	%	$	123,382		$	124,426			-0.8	%
Net Written Premiums	$	201,942		$	207,971			-2.9	%	$	106,841		$	111,948			-4.6	%
Net Earned Premium	$	191,153		$	192,001			-0.4	%	$	96,370		$	97,254			-0.9	%
Service Fees		3,050			3,089			-1.3	%		1,539			1,537			0.1	%
Total Revenues	$	194,203		$	195,090			-0.5	%	$	97,909		$	98,791			-0.9	%
Pre-Tax Income (Loss)	$	27,527		$	13,304					$	14,415		$	(1,129	)
Recreational Casualty
	Six Months Ended June 30									Three Months Ended June 30
(all amounts in 000’s)	2007			2006			%			2007			2006			%
Direct and Assumed Written Premiums	$	55,748		$	54,274			2.7	%	$	34,183		$	33,169			3.1	%
Net Written Premiums	$	54,871		$	53,517			2.5	%	$	33,717		$	32,797			2.8	%
Net Earned Premium	$	46,362		$	48,341			-4.1	%	$	23,463		$	24,105			-2.7	%
Service Fees		891			883			0.9	%		450			439			2.5	%
Total Revenues	$	47,253		$	49,224			-4.0	%	$	23,913		$	24,544			-2.6	%
Pre-Tax Income (Loss)	$	3,094		$	7,860					$	(1,048	)	$	1,393

Financial Institutions
	Six Months Ended June 30						Three Months Ended June 30
(all amounts in 000’s)	2007		2006		%		2007		2006		%
Direct and Assumed Written Premiums	$	100,577	$	48,160	108.8	%	$	51,756	$	24,191	113.9	%
Net Written Premiums	$	94,713	$	42,821	121.2	%	$	49,163	$	21,713	126.4	%
Net Earned Premium	$	87,274	$	43,921	98.7	%	$	46,306	$	21,938	111.1	%
Pre-Tax Income (Loss)	$	9,870	$	5,183			$	4,820	$	4,002
All Other Insurance
	Six Months Ended June 30						Three Months Ended June 30
(all amounts in 000’s)	2007		2006		%		2007		2006		%
Direct and Assumed Written Premiums	$	83,397	$	71,836	16.1	%	$	45,111	$	37,550	20.1	%
Net Written Premiums	$	43,328	$	36,791	17.8	%	$	23,622	$	19,949	18.4	%
Net Earned Premium	$	43,738	$	37,239	17.5	%	$	22,442	$	18,977	18.3	%
Agency Revenues		2,752		2,486	10.7	%		1,359		1,307	4.0	%
Service Fees		—		3	-100.0	%		—		2	-100.0	%
Total Revenues	$	46,490	$	39,728	17.0	%	$	23,801	$	20,286	17.3	%
Pre-Tax Income (Loss)	$	15,502	$	14,549			$	8,344	$	7,565