Specialty Underwriters' Alliance, Inc. Reports 2007 Fourth Quarter and Full Ye...(17.5 19.8 Other assets ...),Health

Other assets 2.5 3.2

Total assets $422.5 $363.3

Liabilities

Loss and loss adjustment expense reserves* $184.7 $141.2

Unearned insurance premiums 86.7 89.8

Insured deposit funds 12.5 10.4

Accounts payable and other liabilities 7.5 7.9

Total liabilities 291.4 249.3

Shareholders' equity

Common stock at $.01 par value per share -

authorized 30.0 shares; issued and outstanding

14.7 shares and 14.7 shares 0.1 0.1

Class B common stock at $.01 par value per share -

authorized 2.0 shares; issued and outstanding 0.9

shares and 0.7 shares 0.0 0.0

Paid in capital - common stock 129.4 128.4

Paid in capital - Class B common stock 6.1 4.8

Accumulated deficit (5.7) (18.3)

Accumulated other comprehensive income (loss) 1.2 (1.0)

Total stockholders' equity 131.1 114.0

Total liabilities and stockholders' equity $422.5 $363.3

Book value data

Weighted average shares outstanding 15.4 15.2

Book value per share $8.42 $7.42

Tangible book value per share $7.73 $6.72

* Includes $63.5 million and $71.6 million as of December 31, 2007 and

December 31, 2006 of direct gross loss and loss adjustment expense

reserves of Potomac Insurance Company of Illinois, which reinsured all

of its direct liabilities to OneBeacon Insurance Company and is'/>"/>