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Darwin Professional Underwriters, Inc. Reports Record Net Income of $8.4 Million for the Third Quarter
Date:11/6/2007

p>Additional information concerning Darwin, its finances, and business operations can be found in the Quarterly Report on Form 10-Q for the quarter ended September 30, 2007 which will be filed with the SEC and at http://www.darwinpro.com.

Darwin Professional Underwriters, Inc. and Subsidiaries

Selected Consolidated Statements of Operations Data

Three and Nine Months Ended September 30, 2007 and September 30, 2006

(Unaudited)

(Dollars in thousands, except per share amounts)

Three Months Ended Nine Months Ended

September 30, September 30,

2007 2006 2007 2006

Gross premiums written $69,306 $65,427 $209,466 $183,375

Net premiums written $50,600 $41,927 $148,574 $115,135

Revenues:

Net premiums earned $45,453 $34,971 $131,828 $94,229

Net investment income 5,812 4,512 16,492 11,635

Net realized

investment gains

(losses) (43) (11) (26) (24)

Total revenues 51,222 39,472 148,294 105,840

Costs and expenses:

Losses and loss

adjustment expenses 25,965 24,205 76,688 65,236

Commissions and

brokerage expenses 5,598 4,166 17,107 10,154

Other underwriting,

acquisition and

operating expenses 7,241 5,305 20,486 15,417

Other expenses 1,412 42 4,226 320

Total costs and

expenses 40,216 33,718 118,507 91,127

Earnings before income

taxes 11,006
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SOURCE Darwin Professional Underwriters
Copyright©2007 PR Newswire.
All rights reserved

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