EXHIBIT 99.1

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
ON FINANCIAL STATEMENT SCHEDULES

To the Board of Directors and Shareholders
of Philadelphia Consolidated Holding Corp:

Our audits of the consolidated financial statements of management's assessment
of the effectiveness of the Company's internal control over financial reporting
and of the effectiveness of the Company's internal control over financial
reporting, referred to in our report dated March 15, 2005 (which report and
consolidated financial statements are included in this Annual Report on Form
10-K) also included an audit of the financial statement schedules listed in Item
15(a)(1) of this Form 10-K. In our opinion, these financial statement schedules
present fairly, in all material respects, the information set forth therein when
read in conjunction with the related consolidated financial statements.

PricewaterhouseCoopers LLP
Philadelphia, PA
March 15, 2005