Philadelphia Consolidated Holding PHLY
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Philadelphia Consolidated Reports 3Q
On Thursday, Philadelphia Consolidated Holdings PHLY reported a significant decline in net income for the third quarter, largely due to catastrophe losses arising with Hurricanes …
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Philly Agrees to Be Acquired
On Wednesday, property-casualty insurance firm Philadelphia Consolidated PHLY agreed to be acquired by Tokio Marine TKOMY for $61.50 per share in cash. This price is a substantial premium to our fair value …
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Philadelphia Consolidated Reports Storm Losses
On Thursday, property-casualty insurer Philadelphia Consolidated PHLY released its preliminary loss estimate with respect to the second-quarter Midwestern storms. The $13 million loss estimate …
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Philly Consolidated Reports 1Q
Property-casualty insurer Philadelphia Consolidated PHLY reported first-quarter results that were in line with our extant assumptions, and we will maintain our fair value estimate …
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Philly Consolidated Reports 4Q
After reviewing property-casualty insurer Philadelphia Consolidated's PHLY fourth-quarter and full-year results, we will stick with our fair value estimate. As we expected, insurance rates are declining …
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Philly Reports 3Q
On Thursday, property-casualty insurer Philadelphia Consolidated PHLY reported results through the third quarter. We're likely to bump up our fair value estimate to account for profits earned in …
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Philly Reports First Half
On July 27, property-casualty insurer Philadelphia Consolidated PHLY released results for the first half that were in line with our extant assumptions. We expect to moderately increase our fair value …
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Philadelphia Consolidated Reports 1Q
After reviewing Philadelphia Consolidated's PHLY first-quarter results released on April 26, we are not prompted to change our fair value estimate. The firm's underwriting …
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Philly Reports 4Q
On Feb. 16, Philadelphia Consolidated PHLY released its fourth-quarter and full-year 2006 results. In 2006, the firm increased its premium volume by 18%, increased …
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Philly Expands Its Fitness Program
On Wednesday, Philadelphia Consolidated PHLY announced a renewal rights acquisition for policies issued through an agency specializing in placing fitness club insurance. The …