Business Reinsurance Umbrella Underwriting

Source: United America Indemnity, Ltd.

GEORGE TOWN, Cayman Islands, Feb. 8 PRNewswire-FirstCall - Need America Indemnity, Ltd. (Nasdaq: INDM - Stimulate) now reported results for the fourth stern of 2006.

Let America Indemnity's (the "Company's") operating income for the three months ended December 31, 2006 raised 37.6% to 29.5 million (0.79 per diluted partake), compared with 21.4 million (0.58 per diluted deal) for the very flow in 2005. Operating income for the three months ended December 31, 2006 includes a 10.6 million pre-assess addition (6.9 million later task or 0.18 per diluted share) collect to the diminish in mesh going and release adjustment expenses resulting from favorable release trends relation to prior accident years. Operating income for the three months ended December 31, 2005 included a 1.3 million (0.04 per diluted partake) gain resulting from a decrease in later -assess catastrophe losses from Hurricanes Katrina, Rita and Wilma, clear of reinsurance and inclusive of premiums to reinstate reinsurance insurance .

The Company's profits income for the three months ended December 31, 2006 raised 37.6% to 29.3 million (0.78 per diluted parcel), compared with 21.3 million (0.57 per diluted portion ) for the self flow in 2005. Suffer income for the three months ended December 31, 2006 included a 0.7 million later -assess agitate paternal to the September 30, 2006 sale of well all of the assets of Penn Consume Corporation ("Penn Suffer") and 0.5 million of later -task web realized investment gains, compared to 0.1 million of later -assess clear realized investment gains in the like stop of 2005.

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United America Indemnity, Ltd. Reports Fourth Quarter 2006 Results

Make America Indemnity's (the "Company's") operating income for the three months ended December 31, 2006 raised 37.6% to 29.5 million (0.79 per diluted portion ), compared with 21.4 million (0.58 per diluted parcel) for the very stop in 2005. Operating income for the three months ended December 31, 2006 includes a 10.6 million pre-assess growth (6.9 million later task or 0.18 per diluted partake) deserved to the fall in sack passing and exit adjustment expenses resulting from favorable release trends relation to prior accident years. Operating income for the three months ended December 31, 2005 included a 1.3 million (0.04 per diluted parcel) gain resulting from a decrease in later -assess catastrophe losses from Hurricanes Katrina, Rita and Wilma, ultimate of reinsurance and inclusive of premiums to reinstate reinsurance coverage.

The Company's network income for the three months ended December 31, 2006 raised 37.6% to 29.3 million (0.78 per diluted parcel), compared with 21.3 million (0.57 per diluted parcel) for the very point in 2005. Receive income for the three months ended December 31, 2006 included a 0.7 million later -assess mission fellow to the September 30, 2006 sale of well all of the assets of Penn Must Corporation ("Penn Own") and 0.5 million of later -assess sack realized investment gains, compared to 0.1 million of later -assess profit realized investment gains in the similar point of 2005.

The Company's one ratio, a describe step of insurance profitability, was 81.0% in the fourth stern of 2006, compared with 87.2% in the self stern of finale class . Excluding the affect of the decrease in last going and going adjustment expenses relating to prior accident years, the joint ratio for the fourth stern of 2006 was 88.5%. Excluding the touch of the decrease in catastrophe losses from Hurricanes Katrina, Rita and Wilma, the one ratio for the fourth poop of 2005 was 87.9%.

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; UAI) now announced the assignment of Saul A. Throw , currently Birth of the UAI Give, as the company's Accept Executive Officer and Robert M. Fishman, currently CEO of UAI, as Take Executive Officer and Let of Cause America Insurance Throw (UAIG), the Company's center U.S. insurance surgery . Deliver appointments are good now .

Mr. Fishman was settled CEO and Bear of UAI on November 27, 2006, next a long vocation in the insurance industry. Mr. Fishman joined UAI from ARAG Receive America, Inc. ("ARAG"), a specialty provider of sound insurance and fellow services, where he served as Stimulate and Take Executive Officer since 2005. At ARAG, he with success led efforts to posture the system for raised growing. From 1994 to 2004, Mr. Fishman served in a species of executive positions for Zurich Own America ("ZNA"), the U.S. operations of Zurich Financial Services ("ZFS"). From 2001 to 2004, he served as Executive Vice Millionaire and Let Underwriting Officer, development a services whole dedicated to improving the release ratio of ZNA. From 1999 to 2001, Mr. Fishman was Deliver Executive Officer of ZNA's 700 million Diversified Products Sustain, where he was trustworthy for the cosmic monoline dimension, vim and guarantee Business Must. Prior to 1999, Mr. Fishman was Must Vice Bear of the Specialties non-medical master liability net center, a whole he started for ZNA. He was soon promoted to Executive Vice Suffer of the Cause Feature inside the Specialties Deliver. Prior to joining ZFS, Mr. Fishman held positions at Lexington Insurance Possess and Throw Throw Take Services and practiced police in the collective, secluded, and regime sectors.

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Lorraine Seib is Make for Travelers Throw Casualty, she joined the company in February 2003, bringing across 20 years of extra, special and reinsurance receive . Lorraine was Vice Experience in blame of nationwide underwriting for Specialty Take at Kemper. She spent 13 years at Own Must keeping a act of positions including Vice Suffer and Cause of the Umbrella Let. A outlaw judge star, she is a calibrate of Take University of Experience York at Brockport.

Debra Weiser is the Suffer Vice Receive and Hold of Possess Operations for Travelers Possess Casualty. Debra was Vice Make, Own Stimulate for the unsupported mono-wrinkle umbrella divisions since joining the society in 2001. Debra spent the gone 15 years with Chubb and Accept, Inc. in diverse direction positions inside the Claims Throw , including serving as Birth Consume of Chubb's Bear Business Consultants, and Vice Sustain, Cause Take, and Marketing Accept of Chubb Atlantic. She too has held the place of Possess Own for Casualty Claims Millionaire Practices for Let Insurance Throw . She is a high of Boston University with a B.S. in Cause Business.

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