EX-99.5 6 w41430exv99w5.htm 3RD QUARTER 2007 ADDITIONAL SUPPLEMENTAL INFO exv99w5
 

Exhibit 99.5
PHILADELPHIA INSURANCE COMPANIES
ADDITIONAL SUPPLEMENTAL INFORMATION
FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2007 AND 2006
(DOLLARS IN THOUSANDS, EXCEPT PER SHARE AMOUNTS )
NET LOSS AND LOSS ADJUSTMENT EXPENSES:
                                                                 
    Net Incurred Loss and Loss Adjustment Expenses     (1) 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   2007     2006     2007     2006     2007     2006     2007     2006  
COMMERCIAL LINES
   $ 146,416     $ 54,841     $ 385,122     $ 250,013     $ 102,266     $ 65,562     $ 261,412     $ 193,735  
SPECIALTY LINES
     (3,149 )     26,385       51,651       74,580       15,043       16,515       50,538       48,671  
PERSONAL LINES
     1,538       3,480       7,126       12,533       2,959       4,356       9,090       14,279  
 
                                                
 
                                                                
TOTAL
   $ 144,805     $ 84,706     $ 443,899     $ 337,126     $ 120,268     $ 86,433     $ 321,040     $ 256,685  
 
                                                
 
                                                                
WHOLE ACCOUNT NET QUOTA SHARE REINSURANCE COMMUTATION
     0       0       0       0       0       0       0       (31,804 )
 
                                                
 
                                                                
TOTAL NET LOSS AND LOSS ADJUSTMENT EXPENSES
   $ 144,805     $ 84,706     $ 443,899     $ 337,126     $ 120,268     $ 86,433     $ 321,040     $ 224,881  
 
                                                
 
                                                                
Net Loss & Lae Reserves @ September 30, 2007
           $ 1,218,287                                                  
 
                                                                
Taxable Equivalent Yield @ September 30, 2007
             5.5 %                                                
 
                                                                
Portfolio Duration @ September 30, 2007
             4.9 yrs                                              
 
                                                                
Book Value Per Common Share @ September 30, 2007
           $ 20.23                                                  
 
                                                                
Shares Repurchased During the Three Months Ended September 30, 2007
             0                                                  
 
(1)   During February 2006, the Company entered into a Reinsurance Commutation and Release Agreement effective as of January 1, 2006 with respect to the 2004 Whole Account Net Quota Share Reinsurance contract. As a result of this commutation, the Company increased its Net Unpaid Loss and Loss Adjustment Expenses and decreased its Net Paid Loss and Loss Adjustment Expenses by $31.8 million for the nine months ended September 30, 2006.