3 million common shares to Dexia to complete the FSAH Acquisition, both of which were related to the FSAH Acquisition, as well as the December 2009 common equity sale of 27.
The FSAH Acquisition significantly increased the Company's adjusted book value due to acquisition accounting adjustments and FSAH's large book of inforce business and unearned premium revenue.
9 million in fourth quarter 2009 due to the growth in net earned premiums and net investment income, largely associated with the FSAH Acquisition.
The FSAH acquisition has added significantly to our invested assets and future revenues.
3 million shares for the acquisition of FSAH were the two principal causes of the decrease in September 30, 2009 book value per share compared to the prior year-end.
50 at December 31, 2008, also due to the June 2009 common equity offering and the shares issued for the FSAH acquisition.
5 million in third quarter 2008 due to the FSAH acquisition and the application of acquisition accounting.
Factors that could affect final third quarter 2009 financial results include, but are not limited to, the result of the final review and reconciliation of the purchase accounting adjustments for the fair value of the acquired FSAH assets and liabilities and the Company's final determination of third quarter 2009 losses and loss adjustment expenses and incurred losses on credit derivatives as a result of new information received or analysis performed on specific credits.
The substantial majority of the net proceeds from these two offerings were used to pay the $546 million cash portion of the FSAH purchase price on July 1, 2009.
6 million tax benefit on FSAH acquisition expenses and the tax benefits on a substantial portion of the Company's loss and loss adjustment expenses and incurred losses on credit derivatives, which were largely incurred at Assured Guaranty Corp.
to continue to make a market in these three series of FSAH
LLC in connection with Assured's acquisition of FSAH
will no longer be needed by Assured.