ALLIED WORLD ASSURANCE COMPANY HOLDINGS, LTD
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Expressed in thousands of United States dollars, except share and per
share amounts)
Quarter Ended Nine Months Ended
September 30, September 30,
2009 2008 2009 2008
Revenues:
Gross premiums written $401,837 $290,981 $1,374,216 $1,134,638
Premiums ceded (80,881) (57,078) (286,785) (253,913)
Net premiums written 320,956 233,903 1,087,431 880,725
Change in unearned
premiums 7,815 38,070 (101,020) (66,804)
Net premiums earned 328,771 271,973 986,411 813,921
Net investment income 73,032 76,916 227,423 226,192
Net realized investment
gain/(loss) 46,861 (76,849) 88,556 (40,500)
Net impairment charges
recognized in earnings (1,953) (75,027) (49,390) (112,304)
Other income 298 - 1,133 -
Total revenue 447,009 197,013 1,254,133 887,309
Expenses:
Net
'/>"/>
| SOURCE Allied World Assurance Company Holdings, Ltd Copyright©2009 PR Newswire. All rights reserved |