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United America Indemnity, Ltd. Reports Third Quarter 2007 Results and Share Repurchase Program
Date:10/24/2007

$1,356,410 and 2006 - $1,253,016) $1,352,690 $1,246,684

Preferred shares:

Available for sale securities, at

fair value (cost: 2007 - $8,574

and 2006 - $3,991) 8,579 4,369

Common shares:

Available for sale securities, at

fair value (cost: 2007 - $60,283

and 2006 - $57,351) 76,001 71,003

Other invested assets:

Available for sale securities, at

fair value (cost: 2007 - $24,562 and

2006 - $24,712) 65,437 60,863

Total investments 1,502,707 1,382,919

Cash and cash equivalents 318,516 273,745

Accounts receivable 5,113 8,579

Agents' balances 73,396 86,409

Reinsurance receivables 764,455 982,502

Accrued investment income 12,935 13,150

Deferred federal income taxes 7,250 12,661

Deferred acquisition costs 57,931 60,086

Goodwill 84,246 84,246

Intangible assets 22,772 23,528

Prepaid reinsurance premiums 31,834 38,335

Other assets 14,587 18,456

Total assets $2,895,742 $2,984,616

LIABILITIES AND SHAREHOLDERS' EQUITY

Liabilities:

Unpaid losses and loss adjustment expenses $1,554,684 $ 1,702,010

Unearned premiums 255,433 283,265

Federal income taxes payable 146 379

Amounts held for the account of others
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SOURCE United America Indemnity, Ltd.
Copyright©2007 PR Newswire.
All rights reserved

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