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

>

the nine months ended September 30, 2006.

-- A 3.4% increase in net income to $72.5 million or $1.93 per diluted

share, compared to $70.1 million or $1.89 per diluted share for the

nine months ended September 30, 2006.

-- A combined ratio of 88.8% compared to 89.7% for the nine months ended

September 30, 2006.

-- A 10.6% reduction in gross premiums written to $442.1 million compared

to $494.7 million for the nine months ended September 30, 2006.

-- A reduction in net prior year loss reserves of $16.2 million and a

reduction in the reinsurance reserve allowance of $4.5 million.

-- A $177.0 million decrease in reinsurance receivables, net of

collateral, to $162.6 million or 0.2 x shareholders' equity at

September 30, 2007.

-- A 10.7%, or $81.6 million, increase in book value to $844.8 million at

September 30, 2007.

-- A 10.0% increase in book value per share to $22.57 at September 30,

2007.

United America Indemnity's Third Quarter 2007 Results

United America Indemnity's (the "Company's") operating income for the three months ended September 30, 2007 increased 6.4% to $24.4 million ($0.65 per diluted share), compared with $22.9 million ($0.62 per diluted share) for the same period in 2006. Operating income for the three months ended September 30, 2007 includes a $6.9 million pre-tax increase ($6.2 million after tax or $0.17 per diluted share) due to the decrease in net loss and loss adjustment expense and the reinsurance reserve allowance resulting from favorable loss trends relative to prior accident years. Operating income for the three months ended September 30, 2006 includes a $5.0 million pre-tax increase ($3.3 million after tax or $0.09 per diluted share) due to a reduction in net prior year loss reserves of $2.0 million and a reduction in the reinsurance reserve allowance of $3.0 million.

The Company's net income for
'/>"/>

SOURCE United America Indemnity, Ltd.
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

Related medicine news :

1. Scientists plan human cloning clinic in the United States
2. GlaxoSmithKline to Supply United States with 8 Million flu vaccine, Fluarix
3. United Kingdom Is Lagging In Novelty In The Field Of Pharmaceuticals
4. United Kingdom to perform its first Live Liver Transplant
5. Inhospitable Response Curtail Growth Of Specialty Hospitals: United States
6. United Kingdom: Farmers Cautioned To Plan Adequately For Bird-Flu
7. Bird-Flu Causes Alarm in United Kingdom.
8. 2010 AIDS Target May Misfire, Warns United Nations
9. AIDS Meet Ends Without Firm Commitments From Donors Dharam Shourie United Nations
10. United Nations draws flak Due to Lukewarm AIDS Prevention Measures
11. Chinese Poultry Smuggled into United States
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/2/2015)... 2015 Vancouver fencing company, QS Fencing, has ... advice to prospective clients related to their questions on railings ... railings around their decks and patios. While that seems like ... up once the person rolls up their sleeve to start ... railing in finding a gate that matches it. , Instead ...
(Date:5/2/2015)... Peachtree Audio ” was featured on NewsWatch as part ... and coolest technology products available to consumers. Scott Steinberg, ... the review and shared with viewers how this is ... important part of people’s lives – and as such, ... Peachtree Audio does just that with high-end audio equipment ...
(Date:5/2/2015)... With the success that Veatch Dental Consulting has had over ... and Alex Shields to the team. With Neida and Alex ... combined experience working with dentists to ensure their success. , ... years. She was certified as dental assistant from Texas ... and showing the importance of oral hygiene to patients, Neida ...
(Date:5/1/2015)... Royal River Natural Foods, a locally-owned ... a new study that found two natural nutrients, glucosamine ... physical function as well as standard drug treatment after ... knee. , The report is part of the May ... ,” which Royal River Natural Foods publishes for free ...
(Date:5/1/2015)... (PRWEB) May 01, 2015 Ernst & ... Dr. Joshua Rosenthal, Co-Founder & CSO, and Burak Sezen, ... for the EY Entrepreneur Of The Year® 2015 ... & Young is a global leader in assurance, ... to be one of the top audit companies in ...
Breaking Medicine News(10 mins):Health News:Professional Staff at QS Fencing Company Now Provides Advice on Railings and Gates 2Health News:Affordable High-End Audio Equipment was Featured on NewsWatch Television 2Health News:Veatch Dental Consulting Services Welcomes New Team Members 2Health News:New Study Finds Nutrients Ease Arthritis Pain, Retailer Reports 2Health News:RowdMap, Inc. Named as a Ernst & Young Entrepreneur Of The Year® 2015 Award Finalist 2
... (October 6, 2008) Asthmatic children whose parents have ... less likely to have symptoms than other children dealing ... also are more likely to use asthma controller medications ... and if their parents clearly understand how well symptoms ...
... that reading is beneficial. But can it help kids lose ... of literature on obese adolescents, researchers at Duke Children,s Hospital ... a difference. , The Duke researchers asked obese females ages ... loss program to read an age-appropriate novel called Lake Rescue ...
... Magazine recently included,Connolly Consulting in its annual ranking ... The list is the most comprehensive look,at the ... entrepreneurs. Taken as a whole, these companies,represent the ... http://www.newscom.com/cgi-bin/prnh/20081003/NY36880LOGO ), Connolly Consulting,s consistent and ...
... to Visit Harrisburg to Rally Residents to Eat Right, Move More and ... ... be defined,by the ups and downs of different fad diets -- which seem ... success has been,slim. Two out of three Americans -- including 27 percent of ...
... income impact. , ... Alpharetta, GA (Vocus) October 3, ... and the presidential campaign, Americans still view healthcare reform as a ... But how do U.S. surgeons view the issue? , , , ...
... Cynthia Haines has been,named Chief Medical Officer of ... Dr. Haines, who is also managing editor of ... company,s physician-directed,content division, which provides a variety of ... reviewed and created by,board-certified physicians., Other Chief ...
Cached Medicine News:Health News:Children's asthma affected by parental expectations 2Health News:Duke researchers show reading can help obese kids lose weight 2Health News:Connolly Consulting Makes the 2008 Inc. Magazine's List of America's 5000 Fastest Growing Companies 2Health News:Message to Pennsylvania Residents: Forgo Fad Dieting and Join the Campaign for Healthy Weight 2Health News:Message to Pennsylvania Residents: Forgo Fad Dieting and Join the Campaign for Healthy Weight 3Health News:LocumTenens.com Reaps Mixed Reviews on Universal Healthcare 2Health News:LocumTenens.com Reaps Mixed Reviews on Universal Healthcare 3Health News:Dr. Cynthia Haines Named Chief Medical Officer of HealthDay News 2
(Date:5/1/2015)... Following yesterday,s release of Center for Medicaid and Medicare services ... need to know: ... programs. , As ... of Medicare and other government programs because it relies on ... drug benefits to enrollees. , Competition and rebates have ...
(Date:5/1/2015)... --Research and Markets ( http://www.researchandmarkets.com/research/pjbxjd/us_aco_it ) has ... Spending Outlook 2018" report to their offering. ... by ACO would grow at a CAGR of 22% ... spending has been studied on three main grounds viz. ... services. Our research provides current market estimation and forecast ...
(Date:5/1/2015)... May 1, 2015 At the American Association ... Washington D.C. , Elekta will highlight ... enables clinicians to leverage the enormous amount of data ... conducted each year – to advance clinical research and ... is a cloud-based solution that allows practitioners to store, ...
Breaking Medicine Technology:5 Things to Know About the CMS Part D Data Release 25 Things to Know About the CMS Part D Data Release 3United States ACO IT Spending Outlook 2014-2018 2Elekta to showcase Leksell Gamma Knife Registry at AANS Annual Meeting 2Elekta to showcase Leksell Gamma Knife Registry at AANS Annual Meeting 3
... Reportlinker.com announces that a new market research report is ... Neurology Devices Market Outlook to 2016 ... Market Outlook to 2016 Summary ... Market Outlook to 2016" provides key market data on ...
... Reportlinker.com announces that a new market research report ... Europe Hospital Supplies Market Outlook to 2016 ... Hospital Supplies Market Outlook to 2016 ... Outlook to 2016" provides key market data on ...
Cached Medicine Technology:Reportlinker Adds North America Neurology Devices Market Outlook to 2016 2Reportlinker Adds North America Neurology Devices Market Outlook to 2016 3Reportlinker Adds North America Neurology Devices Market Outlook to 2016 4Reportlinker Adds North America Neurology Devices Market Outlook to 2016 5Reportlinker Adds North America Neurology Devices Market Outlook to 2016 6Reportlinker Adds North America Neurology Devices Market Outlook to 2016 7Reportlinker Adds North America Neurology Devices Market Outlook to 2016 8Reportlinker Adds North America Neurology Devices Market Outlook to 2016 9Reportlinker Adds North America Neurology Devices Market Outlook to 2016 10Reportlinker Adds North America Neurology Devices Market Outlook to 2016 11Reportlinker Adds North America Neurology Devices Market Outlook to 2016 12Reportlinker Adds North America Neurology Devices Market Outlook to 2016 13Reportlinker Adds North America Neurology Devices Market Outlook to 2016 14Reportlinker Adds Europe Hospital Supplies Market Outlook to 2016 2Reportlinker Adds Europe Hospital Supplies Market Outlook to 2016 3Reportlinker Adds Europe Hospital Supplies Market Outlook to 2016 4Reportlinker Adds Europe Hospital Supplies Market Outlook to 2016 5Reportlinker Adds Europe Hospital Supplies Market Outlook to 2016 6Reportlinker Adds Europe Hospital Supplies Market Outlook to 2016 7Reportlinker Adds Europe Hospital Supplies Market Outlook to 2016 8Reportlinker Adds Europe Hospital Supplies Market Outlook to 2016 9Reportlinker Adds Europe Hospital Supplies Market Outlook to 2016 10Reportlinker Adds Europe Hospital Supplies Market Outlook to 2016 11Reportlinker Adds Europe Hospital Supplies Market Outlook to 2016 12Reportlinker Adds Europe Hospital Supplies Market Outlook to 2016 13Reportlinker Adds Europe Hospital Supplies Market Outlook to 2016 14Reportlinker Adds Europe Hospital Supplies Market Outlook to 2016 15Reportlinker Adds Europe Hospital Supplies Market Outlook to 2016 16Reportlinker Adds Europe Hospital Supplies Market Outlook to 2016 17
... Vision, Quality of Vision and Contrast ... target illumination and glare luminance levels ... Day/Night testing with/without glare and background ... all ANSI standards. All Light Levels ...
Contrast Sensitivity is Recognized as a Valuable Tool for Measuring Functional Vision Loss Caused by Early Eye Disease. Distance Test S.W.C.T. 201: Size 27in x 37 in (68.58cm x 93.98cm),Can be Wal...
Vectograms are the standard for vision training. They are available in fixed or variable,styles to accommodate unlimited base-in and base-out training. Each vectogram,includes one pair,of standard 3-...
Adult: Letter Monocular Acuity, Binocular Astigmatism, Acuity Balance, Supression, Binocular Acuity, Fixation Desparity, Muscle Balance, Stereopsis...
Medicine Products: