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Article: Specialty Underwriters' Alliance, Inc. Reports 20 Percent Premium Growth for First Quarter 2009.
- Article from:
- PR Newswire
- Article date:
- May 8, 2009
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CHICAGO, May 7 /PRNewswire-FirstCall/ -- Specialty Underwriters' Alliance, Inc. today announced financial results for the quarter ended March 31, 2009.
Highlights
-- Net income for the first quarter of 2009 was $1.0 million, compared to
$3.5 million for the comparable quarter in 2008;
-- EPS of $0.06 compared to $0.22 one year ago;
-- Gross written premiums of $29.0 million for the first quarter of 2009,
compared to $24.1 million for the first quarter of 2008;
-- Earned premiums of $34.8 million for the first quarter 2009, compared
to $35.8 million for the comparable quarter in 2008;
-- Book value per share was $8.73 as ...
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