Fidelity National Financial, Inc. Reports Second Quarter 2007 EPS of $0.38

Higher interest rates and the slowdown in the mortgage and real estate markets had a dampening effect on the normal seasonal improvement in the title business during the second quarter," said Chairman of the Board William P. Foley, II. "However, we continue to run our title business through a strict adherence to operating metrics, allowing us to generate a 9.6% pre-tax margin, despite the difficult operating environment. We expect the second half of 2007 to remain a challenge and we will continue to monitor order counts and employee headcount in our quest to maximize earnings from our title business."
"Our specialty insurance business performed well during the quarter, as flood insurance contributed nearly 10% revenue growth and the homeowner's business posted a 62% loss ratio. Additionally, Sedgwick generated $164 million in revenue, while continuing to produce its consistent EBITDA margin. Finally, we continue to move forward on our Ceridian acquisition, in partnership with Thomas H. Lee Partners. Ceridian shareholders will vote on the acquisition at the Ceridian annual shareholders meeting, which has been set for September 12, 2007."
Fidelity National Financial, Inc. (NYSE: FNF - News), is a leading provider of title insurance, specialty insurance and claims management services. FNF is one of the nation's largest title insurance companies through its title insurance underwriters - Fidelity National Title, Chicago Title, Ticor Title, Security Union Title and Alamo Title - that issue approximately 28 percent of all title insurance policies in the United States. FNF also provides flood insurance, personal lines insurance and home warranty insurance through its specialty insurance business. FNF also is a leading provider of outsourced claims management services to large corporate and public sector entities through its minority-owned subsidiary, Sedgwick CMS. More information about FNF can be found at www.fnf.com.
This press release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions, including changes in the financial markets; adverse changes in the level of real estate activity, which may be caused by, among other things, high or increasing interest rates, a limited supply of mortgage funding or a weak U. S. economy; our potential inability to find suitable acquisition candidates, acquisitions in lines of business that will not necessarily be limited to our traditional areas of focus, or difficulties in integrating acquisitions; our dependence on operating subsidiaries as a source of cash flow; significant competition that our operating subsidiaries face; compliance with extensive government regulation of our operating subsidiaries; and other risks detailed in the "Statement Regarding Forward-Looking Information," "Risk Factors" and other sections of the Company's Form 10-K and other filings with the Securities and Exchange Commission.

Bajaj Allianz Life gears up for aggressive growth with additional capital infusion of Rs. 70.8 crores

Mumbai, December 07, 2006: Bajaj Allianz Life Insurance Company , one of the leading and the largest private sector life insurance co. in India plans to continue its expansion and growth plans even more aggressively. With its own offices in more then 900 towns of the country it has managed to sustain its impressive growth pattern by making available its world-class insurance services in every nook and corner of India for all class of customers. Bajaj Allianz Life has already crossed US $ I billion (Rs 5000 cr+ ) of new business in the 5 years of it’s operations and over 1.9 million policies already sold.
To maintain and continue this high impact growth and quality service across the country, Bajaj Allianz Life Insurance Company has received a fresh capital infusion of Rs. 70.8 crores which has taken the total capital to Rs. 570 cr. Even with this recent capital infusion Bajaj Allianz Life would still be the most efficient user of the capital in the life insurance industry.
Mr. Sam Ghosh, Country Manager, Allianz and Chief Executive Officer, Bajaj Allianz Life Insurance Company says, “Our current performance clearly indicates that our products and services are well appreciated across the country from all segments of customers and this trust and acceptability has made us the one of the leading pvt. sector life insurance co. in India. We very confident that we will do new business of US $ 1 Billion in this financial year itself. This infusion of capital will enable us to continue with our expansion plans and achieve sustained growth and quality service year after year.”
Bajaj Allianz Life Insurance is currently present in more then 900 towns, most of them being in the non-urban and semi-rural areas of India. Its current tie-up with Godrej Aadhaar rural Malls, district & rural co-op banks and the 7 Regional Rural Banks of Syndicate Bank has made Bajaj Allianz Life Insurance’s products available in over 1200 branches in the rural areas. This significant move has made it possible for Bajaj Allianz Life Insurance to a pan India life insurance co. and is able to diversify its operations and evenly distribute its products to all the segments of the society.
About Bajaj Allianz Life Insurance :
Bajaj Allianz Life Insurance Company was the No1. pvt. sector Life Insurance co. for the FY 2005-06. With a pan India presence and over 900 + offices, Bajaj Allianz Life Insurance has already has a customer base of close to 2 million customers. Bajaj Allianz Life Insurance has developed insurance solutions that cater to every segment and age-income profiles. For companies it provides comprehensive 'Employee Benefit Solutions' (Group Term Life, EDLI, Gratuity, Super-annotation, Key man Insurance and more); for the individual Invest Gain (a unique life insurance plan where sustenance of income is combined in the same plan that also pays a lump sum), Cash Gain (Money Back), Child Gain (Children's plan), Risk Care (Pure Term), Lifetime Care (whole life), Term Care (term with return of premium), Saran Visitant (Retirement Plan), Protector (Mortgage term insurance plan), New UnitGain Super, NewFamily Gain, New UnitGain Plus, New UnitGain, New UnitGain Premier, New UnitGain Easy Pension Plus, New UnitGain Easy Pension Plus – single premium. Currently Bajaj Allianz has a product portfolio of 30 products and more need-based products are in the pipeline .