Selected Financial Data for the Twelve Months Ended December 31 , 2009 : -- Net income of $ 74.6 million or $ 1.44 per share . -- Operating income of $ 63.5 million or $ 1.23 per share . -- Gross premiums written of $ 341.0 million . -- Current accident year combined ratio of 99.0 . -- Calendar year combined ratio of 96.0 . -- After tax investment return of 6.3 % , including $ 31.6 million of unrealized investment gains net of tax . -- Book value per share grew 16.4 % ( excluding the impact of $ 100 million rights offering completed on May 5 , 2009 ) .