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Previous: PHILADELPHIA CONSOLIDATED HOLDING CORP, 8-K, 2000-10-20 |
Next: MUNICIPAL INVT TR FD MULTISTATE SER 66 DEFINED ASSET FUNDS, 497, 2000-10-20 |
<PAGE> 1
PHILADELPHIA CONSOLIDATED HOLDING CORP. AND SUBSIDIARIES Exhibit 99.1
SUMMARY PRODUCT LINE TOTALS
FOR THE 3RD QUARTER ENDED SEPTEMBER 2000 AND 1999
<TABLE>
<CAPTION>
09/30/00 09/30/99 2000 VS. 1999 09/30/00 09/30/99 2000 VS. 1999
GROSS GROSS % GROSS GROSS %
WRITTEN WRITTEN INCREASE EARNED EARNED INCREASE
PREMIUMS PREMIUMS (DECREASE) PREMIUMS PREMIUMS (DECREASE)
----------- ---------- -------------- ---------- ---------- --------------
<S> <C> <C> <C> <C> <C> <C>
COMMERCIAL AUTO 3,856,742 4,906,853 -21.4% 5,086,668 4,843,669 5.0%
SLI 19,479,177 20,866,596 -6.6% 19,479,177 20,866,596 -6.6%
COMMERCIAL PACKAGE 39,695,201 28,353,566 40.0% 25,989,584 20,881,470 24.5%
SPECIALTY LINES 18,093,534 12,961,423 39.6% 16,042,026 10,236,326 56.7%
SPECIALTY PROPERTY 6,033,432 6,195,864 -2.6% 5,250,359 4,499,124 16.7%
MOBILE/ HOMEOWNERS 8,123,951 6,425,106 26.4% 10,404,528 7,869,071 32.2%
NATIONAL FLOOD INSURANCE PROGRAM 3,458,039 3,021,691 0.0% 2,587,757 2,214,679 0.0%
MISCELLANEOUS 5,238,244 433,678 1107.9% 2,491,991 488,546 410.1%
----------- ---------- -------------- ---------- ---------- --------------
SUB TOTAL 103,978,320 83,164,777 25.0% 87,332,090 71,899,481 21.5%
INVOLUNTARY POOLS 143,206 138,386 3.5% 111,142 122,202 -9.1%
----------- ---------- -------------- ---------- ---------- --------------
TOTAL ALL LINES 104,121,526 83,303,163 25.0% 87,443,232 72,021,683 21.4%
=========== ========== ============== ========== ========== ==============
</TABLE>
<TABLE>
<CAPTION>
09/30/00 09/30/99 2000 VS. 1999 09/30/00 09/30/99 2000 VS. 1999
NET NET % NET NET %
WRITTEN WRITTEN INCREASE EARNED EARNED INCREASE
PREMIUMS PREMIUMS (DECREASE) PREMIUMS PREMIUMS (DECREASE)
----------- ------------ ------------- ------------ ----------- -------------
<S> <C> <C> <C> <C> <C> <C>
COMMERCIAL AUTO 3,740,636 2,831,395 32.1% 4,444,175 3,705,122 19.9%
SLI 5,441,988 4,970,864 9.5% 5,441,988 4,970,864 9.5%
COMMERCIAL PACKAGE 36,204,081 25,654,871 41.1% 23,544,521 19,280,853 22.1%
SPECIALTY LINES 17,276,629 11,074,702 56.0% 15,255,333 8,707,213 75.2%
SPECIALTY PROPERTY 3,400,192 (984,832) -445.3% 2,492,459 3,041,581 -18.1%
MOBILE/ HOMEOWNERS 4,898,243 5,250,958 -6.7% 6,987,871 5,147,486 35.8%
NATIONAL FLOOD INSURANCE PROGRAM 0 0 0.0% 0 0 0.0%
MISCELLANEOUS 2,605,344 243,913 968.1% 992,782 232,015 327.9%
----------- ------------ ------------- ------------ ----------- -------------
SUB TOTAL 73,567,114 49,041,871 50.0% 59,159,130 45,085,134 31.2%
INVOLUNTARY POOLS 143,206 138,386 3.5% 111,142 122,202 -9.1%
----------- ------------ ------------- ------------ ----------- -------------
TOTAL ALL LINES 73,710,320 49,180,257 49.9% 59,270,272 45,207,336 31.1%
=========== ============ ============= ============ =========== =============
</TABLE>
<PAGE> 2
PHILADELPHIA CONSOLIDATED HOLDING CORP. AND SUBSIDIARIES
SUMMARY PRODUCT LINE TOTALS
FOR THE NINE MONTHS ENDED SEPTEMBER 2000 AND 1999
<TABLE>
<CAPTION>
09/30/00 09/30/99 2000 VS. 1999 09/30/00 09/30/99 2000 VS. 1999
GROSS GROSS % GROSS GROSS %
WRITTEN WRITTEN INCREASE EARNED EARNED INCREASE
PREMIUMS PREMIUMS (DECREASE) PREMIUMS PREMIUMS (DECREASE)
------------ ------------- ---------------- ------------ ------------ --------------
<S> <C> <C> <C> <C> <C> <C>
COMMERCIAL AUTO 10,714,879 16,762,619 -36.1% 14,906,500 16,390,693 -9.1%
SLI 50,050,894 50,485,093 -0.9% 50,050,894 50,485,093 -0.9%
COMMERCIAL PACKAGE 88,212,707 66,208,663 33.2% 71,587,727 60,303,333 18.7%
SPECIALTY LINES 51,691,553 35,522,940 45.5% 42,934,758 27,635,103 55.4%
SPECIALTY PROPERTY 17,278,547 18,167,097 -4.9% 15,751,543 7,778,945 102.5%
MANUFACTURED HOUSING/HOMEOWNERS 33,203,337 11,918,015 178.6% 29,417,287 10,759,422 173.4%
NATIONAL FLOOD INSURANCE PROGRAM 7,908,290 3,021,691 161.7% 7,513,001 2,214,679 239.2%
MISCELLANEOUS 11,697,008 1,981,022 490.5% 6,658,234 952,778 598.8%
------------ ------------- ---------------- ------------ ------------ --------------
SUB TOTAL 270,757,214 204,067,140 32.7% 238,819,945 176,520,046 35.3%
INVOLUNTARY POOLS 353,153 319,055 10.7% 319,113 308,454 3.5%
------------ ------------- ---------------- ------------ ------------ --------------
TOTAL ALL LINES 271,110,367 204,386,195 32.6% 239,139,058 176,828,500 35.2%
============ ============= ================ ============ ============ ==============
</TABLE>
<TABLE>
<CAPTION>
09/30/00 09/30/99 2000 VS. 1999 09/30/00 09/30/99 2000 VS. 1999
NET NET % NET NET %
WRITTEN WRITTEN INCREASE EARNED EARNED INCREASE
PREMIUMS PREMIUMS (DECREASE) PREMIUMS PREMIUMS (DECREASE)
------------ ------------ -------------- ------------ ------------ ------------
<S> <C> <C> <C> <C> <C> <C>
COMMERCIAL AUTO 9,098,341 13,647,139 -33.3% 12,068,599 14,746,976 -18.2%
SLI 14,227,806 12,648,888 12.5% 14,227,806 12,648,888 12.5%
COMMERCIAL PACKAGE 79,362,840 60,256,057 31.7% 64,941,694 55,962,886 16.0%
SPECIALTY LINES 51,944,273 30,009,216 73.1% 40,603,418 23,479,668 72.9%
SPECIALTY PROPERTY 8,680,371 9,202,158 -5.7% 6,838,616 5,814,532 17.6%
MANUFACTURED HOUSING/HOMEOWNERS 21,394,101 10,189,201 110.0% 20,084,958 7,483,171 168.4%
NATIONAL FLOOD INSURANCE PROGRAM 0 0 0.0% 0 0 0.0%
MISCELLANEOUS 6,461,808 1,189,384 443.3% 3,104,492 680,033 356.5%
------------ ------------ -------------- ------------ ------------ ------------
SUB TOTAL 191,169,539 137,142,043 39.4% 161,869,582 120,816,155 34.0%
INVOLUNTARY POOLS 353,153 319,055 10.7% 319,113 308,454 3.5%
------------ ------------ -------------- ------------ ------------ ------------
TOTAL ALL LINES 191,522,692 137,461,098 39.3% 162,188,695 121,124,609 33.9%
============ ============ ============== ============ ============ ============
</TABLE>
<PAGE> 3
PHILADELPHIA CONSOLIDATED HOLDING CORP. AND SUBSIDIARIES
ADDITIONAL SUPPLEMENTAL INFORMATION
FOR THE 3RD QUARTER ENDED SEPTEMBER 30, 2000
NET LOSS AND LOSS ADJUSTMENT EXPENSES:
<TABLE>
<CAPTION>
THREE MONTHS ENDED NINE MONTHS ENDED
SEPTEMBER 30, SEPTEMBER 30,
--------------------------------- ---------------------------------
PRODUCTS 2000 1999 2000 1999
-------- ------------ ------------ ------------ ------------
<S> <C> <C> <C> <C>
COMMERCIAL AUTO $2,582,598 $2,120,501 $ 7,012,378 $ 8,391,260
SUPPLEMENTAL LIABILITY 3,549,806 3,642,958 9,200,936 8,213,456
COMMERCIAL PACKAGE 13,160,332 15,763,508 36,160,225 35,110,112
SPECIALTY LINES 9,546,374 4,905,498 25,438,396 13,245,320
SPECIALTY PROPERTY 1,692,497 2,381,114 4,650,242 4,092,917
MOBILE/ HOMEOWNERS 2,758,355 3,532,091 9,502,994 4,733,648
NATIONAL FLOOD INSURANCE PROGRAM 0 0 0 0
MISCELLANEOUS 581,493 136,029 1,880,525 405,452
------------ ------------ ------------ ------------
SUB TOTAL $ 33,871,455 $ 32,481,699 $93,845,697 $74,192,166
------------ ------------ ------------ ------------
INVOLUNTARY POOLS & ASSOCIATION 98,949 170,074 337,022 337,090
TOTAL NET LOSS AND LOSS
ADJUSTMENT EXPENSES $ 33,970,404 $ 32,651,773 $94,182,719 $74,529,256
============ ============ ============ ============
* INCLUDES IBNR AND ULAE.
NET LOSS & LAE RESERVES @ SEPTEMBER 30, 2000 $185,749,017
============
STATUTORY SURPLUS - SEPTEMBER 30, 2000 $193,114,189
============
SHARES REPURCHASED DURING THE THREE MONTHS ENDED
SEPTEMBER 30, 2000 329,000
============
</TABLE>
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