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Penn Treaty Files Audited 2006 Statements

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Penn Treaty American Corp. says it finally has filed its audited financial results for 2006.

The belated filing meets a New York Stock Exchange deadline for filing 2006 results so that the company’s stock can continue trading on the exchange.

Penn Treaty, Allentown, Pa., reported a $33 million net loss for 2006 on $366 million in revenue, compared with a $13 million net loss on $418 million in revenue for 2005.

Penn Treaty, a long term care insurer, says it has increased 2006 reserves by $9.6 million.


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