4Q net loss of $103.3 million, or $1.94 a share, compared to a profit of $49.9 million during the same period a year ago

Platinum sold net policies of $390.8 million, down one percent compared to $394.9 million in the same period a year ago

The company?s quarterly combined ratio of 131.9 percent, indicating the company lost money on each dollar of business it underwrote, compared to 89.7 percent in the same period a year ago, indicating a profit was made on policies sold

Net investment income rose to $37.2 million, an improvement of 41.7 percent over the $26.2 million in investment income a year earlier

n 2005 net loss of $138.2 million, or $3.01 a share, compared to a profit of $84.8 million in 2004

Platinum sold $1.72 billion in net policies, up 4.4 percent on the $1 billion in net policy sales it made in 2004

The company?s combined ratio in 2005 was 114.5 percent indicating it paid out about 15 cents for every $1 of business it underwrote. The combined ratio in 2004 was 96.7 percent, an underwriting profit.

Net investment income rose to $129.4 million, up 53.1 percent on 2004?s investment income of $84.5 million

At the end of the year shareholders? equity rose to $1.54 billion from $1.13 billion at December 31, 2004