United America Indemnity, Ltd. (INDM) news stock charts
United America Indemnity, Ltd. (INDM) Investment Summary:
Some of the information contained in this Item 1 or set forth elsewhere in this report, including information with respect to our plans and strategy, constitutes forward-looking statements that involve risks and uncertainties. Please see “Cautionary Note Regarding Forward-Looking Statements” at the end of Item 7 of Part II and “Risk Factors” in Item 1A of Part I for more information. You should review “Risk Factors” in Item 1A of Part I for a discussion of important factors that could cause actual results to differ materially from the results described in or implied by the forward-looking statements contained herein. Recent Developments On January 28, 2008, our shareholders approved an amendment to the United America Indemnity, Ltd. Share Incentive Plan (the “Share Incentive Plan”) that allows for the repricing, without shareholder approval, of stock options and other stock-based awards granted under the Share Incentive Plan. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f11%2f0000893220-08-000674.html#FIS_BUSINESS"UNITED AMERICA INDEMNITY-A (INDM:NASDAQ)
Snapshot of UNITED AMERICA INDEMNITY-A (INDM)
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OPEN
$9.00
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PREVIOUS CLOSE
$8.94
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DAY HIGH
$9.40
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DAY LOW
$8.72
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52 WEEK HIGH
03/19/10 - $9.40
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52 WEEK LOW
03/27/09 - $3.70
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MARKET CAP
566.5M
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AVERAGE VOLUME 10 D
103.2K
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EPS TTM
$1.29
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SHARES OUTSTANDING
36.5M
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INDM Does Not Pay Dividends
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P/E TTM
7.2x
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| K = Thousands M = Millions B = Billions | ||
Key developments for UNITED AMERICA INDEMNITY-A (INDM)
United America Indemnity Ltd. reported unaudited consolidated premium results for the fourth quarter and full year ended December 31, 2009. For the quarter, the company reported gross premiums written of $74,525,000 against $76,290,000 and get premiums written of $63,972,000 against $62,201,000 reported in the same period last year. For the year, the company reported gross premiums written of $340,999,000 against $378,700,000 and get premiums written of $290,995,000 against $309,080,000 reported in the same period last year.
United America Indemnity Ltd. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2009. For the quarter, the company reported total revenues of $102,872,000 compared to $69,413,000 for the same period a year ago. Income before income taxes was $26,393,000 compared to loss before income taxes of $135,560,000 for the same period a year ago. Operating income was $14,724,000 or $0.24 compared to operating loss of $10,130,000 or $0.29 for the same period a year ago. Net income before equity in net income of partnership was $23,329,000 compared to loss before equity in net income of partnership of $118,098,000 for the same period a year ago. Net income was $23,863,000 or $0.40 compared to net loss of $120,431,000 or $3.44 for the same period a year ago. For the full year, the company reported total revenues of $386,501,000 compared to $400,079,000 for the same period a year ago. Income before income taxes was $73,222,000 compared to loss before income taxes of $166,886,000 for the same period a year ago. Operating income was $63,497,000 or $1.23 compared to operating loss of $15,238,000 or $0.42 for the same period a year ago. Net income before equity in net income of partnership was $69,350,000 compared to loss before equity in net income of partnership of $137,670,000 for the same period a year ago. Net income was $74,626,000 or $1.44 compared to net loss of $141,560,000 or $3.87 for the same period a year ago. Book value per share was $13.76 compared to $13.51 for the same period a year ago.
United America Indemnity, Ltd. held its earnings conference call. The company plans to look at acquisition opportunities. Larry Frakes, President and CEO of the company said: We are seeing better submissions to our primary as well as to our reinsurance operations. We believe the future market disruptions in the program arena will continue to benefit us. Importantly, we also have the capital to take advantage of acquisition growth opportunities. Of course, challenges remain and some are significant, including profitably increasing revenue in our operations and materially improving our expense ratio.
United America Indemnity, Ltd. financial resources
INDM Competitors
| Company | Last | Change |
| Donegal Group Inc | $15.56 USD | +0.80 |
| Employers Holdings Inc | $15.51 USD | +0.30 |
| Safety Insurance Group Inc | $37.80 USD | -0.15 |
| United Fire & Casualty Co | $18.28 USD | +0.14 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | INDM | Industry Range |
| Price/Earnings | 6.5x |
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| Price/Sales | 1.5x |
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| Price/Book | 0.7x |
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| Price/Cash Flow | 7.6x |
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| TEV/Sales | 0.7x |
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INDM |
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INDM transactions
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| No transactions in the last 6 months. | ||
More Recent Financial News About United America Indemnity, Ltd.
United America Indemnity, Ltd. Clarifies Inaccurate Press Releases Regarding Penn-America Group and United National Insurance Company
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United America Indemnity, Ltd. Earnings Call scheduled for 8:30 am ET today
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United America Indemnity, Ltd. Clarifies Inaccurate Press Releases Regarding Penn-America Group and United National Insurance Company
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United America Indemnity, Ltd. Announces Plans to Reincorporate in Ireland
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UNITED AMERICA INDEMNITY, LTD Files SEC form 8-K, Other Events
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United America Indemnity, Ltd. Announces Fourth Quarter 2009 Results Earnings Release Conference Call
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United America Indemnity, Ltd. Announces Fourth Quarter 2009 Results Earnings Release Conference Call
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United America Indemnity Appoints Thomas M. McGeehan as Senior Vice President and Chief Financial Officer
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United America Indemnity, Ltd. Earnings Call scheduled for 8:30 am ET today
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UNITED AMERICA INDEMNITY, LTD Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements
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UNITED AMERICA INDEMNITY, LTD Files SEC form 8-K/A, Change in Directors or Principal Officers
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United America Indemnity, Ltd. Reports Third Quarter 2009 Financial Results
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UNITED AMERICA INDEMNITY, LTD Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and
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UNITED AMERICA INDEMNITY, LTD Files SEC form 10-Q, Quarterly Report
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UNITED AMERICA INDEMNITY, LTD Files SEC form 8-K, Change in Directors or Principal Officers
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UNITED AMERICA INDEMNITY, LTD Files SEC form 10-Q, Quarterly Report
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