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Triple-S Management Corporation Reports Record Consolidated Operating Income, Net Income and EPS for 2007
Date:2/11/2008

.8 percent above the $15.7 million, or $0.59 cents per share, recorded for the quarter ended December 31, 2006. Weighted average shares were 28.6 million and 26.7 million during the quarters ended December 31, 2007 and 2006, respectively. The 2007 and 2006 results included a loss of $3.6 million, or ($0.13) per share, and a gain of $3.5 million, or $0.13 per share, of realized investment gains/(loss) and net unrealized investment gains/(loss) on trading securities, respectively.

Segment Performance

Triple-S Management operates in three segments: 1) Managed Care, 2) Life Insurance, and 3) Property and Casualty Insurance. Management evaluates performance based primarily on the operating revenues and operating income of each segment. Operating revenues include premiums earned, net administrative service fees and net investment income. Operating costs include claims incurred and operating expenses. The Company calculates operating income or loss as operating revenues minus operating expenses. Operating margin is defined as operating gain or loss divided by operating revenues.

Three months ended Dec. 31, 12 months ended Dec. 31,

(Unaudited)

(dollar amounts in

millions) Percentage Percentage

2007 2006 Change 2007 2006 Change

Operating revenues:

Managed Care $342.7 318.7 7.5% $1,338.7 1,375.5 (2.7%)

Life Insurance 25.7 25.9 (0.8%) 103.9 100.6 3.3%

Property and

Casualty 31.8 25.0 27.2% 108.7 98.1 10.8%

Other (1.5) (1.5) 0.0% (6.5) (5.8) 12.1%

Total operating

revenues $398.7 368.1 8.3% $1,544.8 1,568.4 (1.5%)

Operating income:

Managed Care $18.0 12.3 46.3% $57.4 45.5 26.2%

Life Insuranc
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SOURCE Triple-S Management Corporation
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