Philadelphia Insurance Companies was selected to the 2009 Ward's 50 group of the top performing property-casualty insurance companies in the industry for the 9th year in a row. Ward Group, based out of Cincinnati, completed the in-depth review of over 3,100 property-casualty companies to identify the top performers.

Each Ward's 50 company has passed all safety and consistency screens and achieved superior performance over the five years analyzed. The Ward's 50 property-casualty insurance companies produced a 14.4% return on average equity from 2004-2008 compared to 9.9% for the property-casualty industry overall.

Commenting on the selection to Ward's Top 50, President & CEO James J. Maguire, Jr., said: "This recognition comes at a time in the insurance industry when consistent performance and solid security mean more than ever before due to the competitive marketplace and the current economic and investment environments. Today, policyholders and producers are seeking the best long-term partners for their insurance needs. We're pleased to once again be recognized by Ward's as one of the elite companies that pass financial stability requirements while maintaining our ability to grow profitably and a strong capital position."

The Ward's 50 benchmarks are available in Ward's Results, an insurance industry financial reference series. To learn more about the Ward's 50 and Ward Group operational benchmarking and consulting services, visit http://www.wardinc.com/.


Philadelphia Insurance Companies, a member of the Tokio Marine Group, designs, markets, and underwrites commercial property/casualty and professional liability insurance products incorporating value added coverages and services for select industries. In operation since 1962, the Company, whose commercial lines insurance subsidiaries are rated A+ (Superior) by A.M. Best Company and AA- for counterparty credit and financial strength by Standard & Poor's, is nationally recognized as a member of Ward's Top 50. The organization has 49 offices strategically located across the United States to provide superior service.

To locate your nearest office or for more information, visit us on the web at www.phly.com

Keywords: Philadelphia Insurance Companies, Commercial Property, Finance, Financial, Insurance, Investing, Investment, Real Estate.

This article was prepared by Insurance Weekly News editors from staff and other reports. Copyright 2009, Insurance Weekly News via VerticalNews.com.