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

and business operations can be found in the Annual Report on Form 10-K for the year ended December 31, 2007 and at http://www.darwinpro.com. The 2007 Form 10-K will be filed with the SEC on or about February 28, 2008.

Darwin Professional Underwriters, Inc. and Subsidiaries

Selected Consolidated Statements of Operations Data

Three and Twelve Months Ended December 31, 2007 and December 31, 2006

(Dollars in thousands, except per share amounts)

Three Months Ended Twelve Months Ended

December 31, December 31,

Unaudited

2007 2006 2007 2006

Gross premiums written $70,817 $62,877 $280,283 $246,252

Net premiums written $51,155 $41,869 $199,729 $157,004

Revenues:

Net premiums earned $49,072 $38,149 $180,900 $132,378

Net investment income 6,082 4,807 22,574 16,442

Net realized investment

gains (losses) (2) 36 (28) 12

Total revenues 55,152 42,992 203,446 148,832

Costs and expenses:

Losses and loss adjustment

expenses 24,590 23,383 101,278 88,619

Commissions and brokerage

expenses 5,511 4,455 22,618 14,609

Other underwriting,

acquisition and operating

expenses 7,800 6,186 28,286 21,603

Other expenses 1,631 430 5,857 750

Total costs and expenses 39,532 34,454 158,039 125,581

Earnings before income taxes 15,620 8,538
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SOURCE Darwin Professional Underwriters, Inc.
Copyright©2008 PR Newswire.
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