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

8,162 15,491

Ceded balances payable 18,039 16,235

Insurance premiums payable 684 1,797

Payable for securities 20,454 -

Contingent commissions 6,641 8,629

Senior notes payable 90,000 90,000

Junior subordinated debentures 61,857 61,857

Notes and loans payable 1,281 4,382

Other liabilities 33,535 37,301

Total liabilities 2,050,916 2,221,346

Shareholders' equity:

Common shares, $0.0001 par value 4 4

Additional paid-in capital 518,462 515,357

Accumulated other comprehensive income 28,214 22,580

Retained earnings 298,146 225,329

Total shareholders' equity 844,826 763,270

Total liabilities and

shareholders' equity $2,895,742 $2,984,616

UNITED AMERICA INDEMNITY, LTD.

SUMMARY OF OPERATING INCOME

(Dollars and shares in thousands, except per share data)

For the Three Months For the Nine Months

Ended September 30, Ended September 30,

2007 2006 2007 2006

Operating income $24,380 $22,911 $71,781 $60,957

Adjustments:

Net realized investment

gains (losses),

net of tax (400) (925) 740 (939)

Gain and one-time charges

from discontinued

operations, net of t
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SOURCE United America Indemnity, Ltd.
Copyright©2007 PR Newswire.
All rights reserved

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