Navigation Links
Darwin Professional Underwriters, Inc. Reports Record Net Income of $10.9 Million for the Fourth Quarter
Date:2/27/2008

Net income increases 88% and net premiums written increase 22% over the

comparable year-earlier quarterly results

FARMINGTON, Conn., Feb. 27 /PRNewswire-FirstCall/ -- Darwin Professional Underwriters, Inc. ("Darwin," the "Company," or "Our") (NYSE: DR) today announced its financial results for the fourth quarter ended December 31, 2007. Highlights include:
(Logo: http://www.newscom.com/cgi-bin/prnh/20060829/NETU014LOGO )

-- Gross premiums written for the fourth quarter are $70.8 million. Fourth

quarter gross premiums written are 12.6% ahead of our gross premiums

for the same period a year ago. Net premiums written for the quarter of

$51.2 million are up 22.2% over the fourth quarter of 2006.

-- Net income of $10.9 million for the quarter ended December 31, 2007

represents an 88.3% increase over the $5.8 million for the quarter

ended December 31, 2006 and our highest net income in our approximately

five-year operating history.

-- Overall, the combined ratio is 77.2% for the fourth quarter 2007, which

compares favorably to the fourth quarter 2006 combined ratio of 89.2%.

The combined ratio improvement is primarily driven by a decrease in the

loss ratio (11.2% improvement to 50.1%). The fourth quarter combined

ratio improvement includes approximately $6.8 million ($4.4 million,

net of tax) in favorable loss reserve development and the corresponding

ceded premiums, offset by additional incentive compensation and profit

sharing expenses stemming from the favorable development of the 2003

through 2006 accident years.

-- Earnings per diluted share for the three months ended December 31, 2007

are $0.64 compared to $0.34 per share for the same period in 2006. For

the full year, ea
'/>"/>

SOURCE Darwin Professional Underwriters, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7

Related medicine news :

1. Darwin Introduces Enhancements to its Lawyers Professional Liability Insurance Policy Including Privacy Wrongful Acts and More
2. Darwin Enters into Marketing Partnership with Agency Specialty Product Network
3. Darwin to Announce Fourth Quarter and Year-end 2007 Financial Results
4. Darwin to Present at the Credit Suisse Insurance Conference on November 15, 2007
5. Darwin Professional Underwriters, Inc. Reports Record Net Income of $8.4 Million for the Third Quarter
6. Darwin to Announce Third Quarter 2007 Financial Results
7. Professional Products, Inc. Integrates Clinical Skills and Simulation Center at the Johns Hopkins Hospital
8. McGraw-Hill Professional Products Win Awards From Association of American Publishers
9. CME LLC Offers Education to Help Medical Professionals Better Recognize Adult ADHD
10. MedAptus Selected by Kentucky Medical Services Foundation for Professional Charge Capture Technology
11. Milady U Provides Continuing Education to Salon and Spa Professionals
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/22/2015)... 2015 The federal court overseeing thousands of ... Court, Southern District of West Virginia has upheld a $2 ... first bellwether trial. In an Order dated January 21st, the ... finding that C.R. Bard had not proven a miscarriage of ...
(Date:1/22/2015)... has released a new blog post explaining the main features ... , Auto insurance quotes help many drivers find the best ... call an agent or visit an agency for price information. ... http://autocarinsurancebest.com/ . , Every business who relies heavily on ...
(Date:1/22/2015)... (PRWEB) January 22, 2015 A ... Sports Medicine flagship journal Medicine & Science in ... before exercise may help reduce gastrointestinal (GI) problems ... , Participants in the double-blind, placebo-controlled study ...
(Date:1/22/2015)... years since the release of their debut recording Love is King, ... & Matthew Love – the duo are pleased to announce their ... Swan Records on February 24, 2015. , THE ROAD offers the ... all of us to walk out of the mire of our ...
(Date:1/22/2015)... 22, 2015 JJsHouse.com is a famous dress ... the business announces its latest collection of wedding dresses ... most important issue is the wedding dress on your big ... a woman’s life. Every bride wants to find the most ...
Breaking Medicine News(10 mins):Health News:Court Upholds $2 Million Vaginal Mesh Lawsuit Verdict Levied Against C.R. Bard in First Federal Bellwether Trial, Bernstein Liebhard LLP Reports 2Health News:Court Upholds $2 Million Vaginal Mesh Lawsuit Verdict Levied Against C.R. Bard in First Federal Bellwether Trial, Bernstein Liebhard LLP Reports 3Health News:Court Upholds $2 Million Vaginal Mesh Lawsuit Verdict Levied Against C.R. Bard in First Federal Bellwether Trial, Bernstein Liebhard LLP Reports 4Health News:Commercial Auto Insurance Provides Several Important Features! 2Health News:Study Shows Kyowa Hakko’s L-Citrulline May Help Reduce Gastrointestinal Injury During Strenuous Exercise 2Health News:Study Shows Kyowa Hakko’s L-Citrulline May Help Reduce Gastrointestinal Injury During Strenuous Exercise 3Health News:THE ROAD by Avasa & Matthew Love -- A New Album 2Health News:THE ROAD by Avasa & Matthew Love -- A New Album 3Health News:THE ROAD by Avasa & Matthew Love -- A New Album 4Health News:Find The Most Suitable Wedding Dress At JJsHouse.com 2
... trial shows cognitive-behavioral therapy (CBT) reduces functional disability ... The psychological intervention was found to be safe ... disease management education. Full findings from this multi-site ... Rheumatism, a peer-reviewed journal of the American ...
... (November 21, 2011) A Van Andel Research Institute ... reveals that a natural fatty acid can serve as a ... in designing better and safer drugs for diabetes treatment. ... and Prevention (CDC), nearly 26 million Americans have diabetes, and ...
... HealthDay Reporter , MONDAY, Nov. 21 (HealthDay ... Care on Monday issued new recommendations on breast cancer ... 2009 by a U.S. governmental panel. As the ... ago, the government-appointed Canadian panel of experts is also ...
... HealthDay Reporter , MONDAY, Nov. 21 (HealthDay News) ... acne in check have more sore throats than their peers ... authors of a new study published online Nov. 21 in ... bacteria in the antibiotic group, indicating that the rise in ...
... Following a major Northwestern Medicine breakthrough that identified a common ... and Lou Gehrig,s disease), a new finding from the same ... brain and spinal cord degenerate in the fatal disease. ... that the crucial recycling system for cells in the brain ...
... MONDAY, Nov. 21 (HealthDay News) -- Many children who,ve lost ... mature and more compassionate as a result of the experience, ... month in Cancer Nursing , researchers from Nationwide Children,s ... how the loss of a sibling impacted them one year ...
Cached Medicine News:Health News:Psychological intervention reduces disability and depression in adolescents with fibromyalgia 2Health News:Van Andel Institute study may lead to better, safer drug for diabetes 2Health News:New Canadian Guidelines Also Support No Routine Mammograms Until 50 2Health News:New Canadian Guidelines Also Support No Routine Mammograms Until 50 3Health News:More Sore Throats Seen in Acne Patients Taking Antibiotics 2Health News:More Sore Throats Seen in Acne Patients Taking Antibiotics 3Health News:New culprit found in Lou Gehrig's disease 2Health News:Siblings Deeply Affected By Child's Cancer Death 2
(Date:1/23/2015)... Jan. 23, 2015  Pete Rose, baseball,s all-time hits leader, is ... pain reliever Myoflex, Ducere Pharma has announced. "Pete,s ... excited to have him on board with Myoflex," said Ducere ... a legendary player who is known across all generations. The ...
(Date:1/23/2015)... 2015  iMD Companies, Inc. (ICBU) has repositioned itself as a ... grab a foothold in the hydroponic, hemp and medical marijuana ... presence in the sector, and recently partnering with the Chippewa ... and medical marijuana, iMD is committing to bring its vision ...
(Date:1/23/2015)... 2015   Leatt Corporation  (OTCQB: LEAT), a global developer, ... forms of sports, including extreme motor sports, and whose ... that the UISP Lega Motociclismo Lombardia, an Italian motocross ... wear a neck brace during its racing competitions.  ...
Breaking Medicine Technology:Pete Rose bets on Myoflex to relieve aches and pains 2iMD Companies Poised to Make Impact in Multi-Billion Dollar Medical Marijuana Sector With Recent Investments and Strategic Partnerships 2Leatt Announces Neck Braces Now Required For Motocross/Minicross Racing In Italy 2Leatt Announces Neck Braces Now Required For Motocross/Minicross Racing In Italy 3
... CARLSBAD, Calif., May 17 Essentialis Inc, a ... met its primary endpoint of statistically significant triglyceride ... DCCR in dyslipidemic patients. The study encompassed both ... and included normal weight, overweight and obese patients ...
... 15 The New England Chapter - Bay State Branch ... setting the agenda for diabetes research worldwide and the largest ... its 27th Annual Hearts & Heroes Gala on Saturday, May ... will pay tribute to Duane DeSisto, President and Chief Executive ...
Cached Medicine Technology:Essentialis Meets Primary Endpoint in Phase 2b Trial of DCCR for Treatment of Hypertriglyceridemia and is Granted Extensive Patent Coverage in the US 2Essentialis Meets Primary Endpoint in Phase 2b Trial of DCCR for Treatment of Hypertriglyceridemia and is Granted Extensive Patent Coverage in the US 3Juvenile Diabetes Research Foundation to Honor Duane DeSisto of Insulet Corporation and Senator Edward M. Kennedy at 27th Annual Hearts & Heroes Gala 2Juvenile Diabetes Research Foundation to Honor Duane DeSisto of Insulet Corporation and Senator Edward M. Kennedy at 27th Annual Hearts & Heroes Gala 3Juvenile Diabetes Research Foundation to Honor Duane DeSisto of Insulet Corporation and Senator Edward M. Kennedy at 27th Annual Hearts & Heroes Gala 4
This modular benchtop fume hood ventilates and purifies chemical fumes, allowing safe indoor release of exhaust. Bonded charcoal filters remove most organic contaminants. Options include final HEPA f...
... spot fume hood mounts on a standard ... 12.7mm (10" x 1/2" ) mounting rod. ... is placed above the source of fumes. ... tubing which connects to an aspirator or ...
... These corrosion proof polypropylene exhaust hoods are ... of tanks and draw a stream of ... away from the operator. Other sizes and ... lateral, and double-slot are available on special ...
... an economical unit designed for small facilities ... fume hoods are needed. Excellent for use ... include a one-piece shell molded of chemical ... easy cleaning. A clear acrylic panel slides ...
Medicine Products: