PLATINUM UNDERWRITERS HOLDINGS LTD

Delisted

CIK 1171500fmd_08PZBQ7THG9EHRNRZRAGSXJ8JPFinance, Insurance and Real Estate · Fire, Marine & Casualty InsuranceTemplate: Insurance

Coverage: Jan 01, 2008 to Dec 31, 2014, 24 periods

Income Statement · Annual · Millions · USD
Line item	FY2008	FY2009	FY2010	FY2011	FY2012	FY2013	FY2014
Net premiums earned	1,115	937	780	689	566	553	507
Total revenues	1,328	1,165	985	798	752	651	581
Total interest income	–	–	–	130	104	76	73
Net investment income	187	164	134	126	–	–	–
Net interest income	–	–	–	111	85	57	54
Losses and loss adjustment expenses	718	478	467	805	184	167	183
Policy acquisition costs	243	176	147	133	115	124	114
Selling, general and administrative	–	–	83	63	80	83	83
Total benefits, losses and expenses	1,089	778	727	1,025	400	393	399
Total operating expenses	88	95	83	63	–	–	–
Operating income	–	218	109	(297)	212	207	155
Interest expense	19	19	19	19	19	19	19
Interest and investment income	–	169	139	130	104	–	–
Other non-operating income (expense)	–	3	(0)	1	(0)	3	–
Income before taxes	239	388	259	(227)	352	258	182
Income tax expense	13	4	43	(3)	25	35	17
Net income from continuing operations	226	383	215	(224)	327	223	165
Net income	226	383	215	(224)	327	223	165
Net income to common shareholders	216	382	215	(224)	–	–	–