Philadelphia Consolidated (Nasdaq: PHLY) to Benefit from $4.7 Billion Tokio Marine Deal, Article Posted on BeaconEquity.com
Philadelphia Consolidated Holding Corp. today reported a 44% drop in its second-quarter profit. Due in part to losses in its investment portfolio, Philadelphia Consolidated reported net income of $52.9 million, or 73 cents per share, compared with $94.4
(EMAILWIRE.COM, July 23, 2008 ) DALLAS, Texas - BeaconEquity.com announces the publication of ‘Philadelphia Consolidated (Nasdaq: PHLY) to Benefit from $4.7 Billion Tokio Marine Deal’
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Philadelphia Consolidated (Nasdaq: PHLY) to Benefit from $4.7 Billion Tokio Marine Deal
"Philadelphia Consolidated Holding Corp. today reported a 44% drop in its second-quarter profit. Due in part to losses in its investment portfolio, Philadelphia Consolidated reported net income of $52.9 million, or 73 cents per share, compared with $94.4 million, or $1.27 per share, in the same period a year ago…
“CEO James Maquire Jr. recently announced the company’s second quarter combined ratios, which measure the amount of money insurers pay out in claims and expenses compared with how much they receive from writing new business, rose to 86.2% from 74.2% in the same period last year. Additionally, the company continues to maintain its profitable renewal business with retention ratios of 95% on quoted business for its Commercial and Specialty Segments…
“Philadelphia Consolidated operates as Philadelphia Insurance Cos. to design, market and underwrite Commercial Property & Casualty, and Management & Professional Liability insurance products tailored for the unique exposures of niche markets by providing competitively priced policies, local service relationships, and differentiated coverage features. The Philadelphia-based company has 47 offices and roughly 1,400 employees across the United States…”
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Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Investors can view all of the investment articles for free by visiting:
http://www.beaconequity.com/m - Click on News and Commentary
Philadelphia Consolidated (Nasdaq: PHLY) to Benefit from $4.7 Billion Tokio Marine Deal
"Philadelphia Consolidated Holding Corp. today reported a 44% drop in its second-quarter profit. Due in part to losses in its investment portfolio, Philadelphia Consolidated reported net income of $52.9 million, or 73 cents per share, compared with $94.4 million, or $1.27 per share, in the same period a year ago…
“CEO James Maquire Jr. recently announced the company’s second quarter combined ratios, which measure the amount of money insurers pay out in claims and expenses compared with how much they receive from writing new business, rose to 86.2% from 74.2% in the same period last year. Additionally, the company continues to maintain its profitable renewal business with retention ratios of 95% on quoted business for its Commercial and Specialty Segments…
“Philadelphia Consolidated operates as Philadelphia Insurance Cos. to design, market and underwrite Commercial Property & Casualty, and Management & Professional Liability insurance products tailored for the unique exposures of niche markets by providing competitively priced policies, local service relationships, and differentiated coverage features. The Philadelphia-based company has 47 offices and roughly 1,400 employees across the United States…”
To read the entire article visit http://www.beaconequity.com/m – Click on News and Commentary
Join the fastest growing investor community at:
http://www.stockhideout.com
BeaconEquity.com’s Market News is one of the fastest growing small cap blogs in the investment community. Beacon is the authority on research in the small cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.
We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas by visiting: http://www.beaconequity.com/m
BeaconEquity.com is one of the industry’s largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.beaconequity.com/m
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
Contact Information:
Beacon Equity Research
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Beacon Equity Research
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Press Release Keywords:
stock market, investing, investment ideas, market activity, small caps, micro caps, beacon equity research, philadelphia consolidated holding, james maquire, insurance, casualty,
stock market, investing, investment ideas, market activity, small caps, micro caps, beacon equity research, philadelphia consolidated holding, james maquire, insurance, casualty,
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