Primus Guaranty, Ltd. announced unaudited consolidated earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported net income available to common shares of $263,018,000 or 7.72 per diluted share compared to net income available to common shares of $84,700,000 or $2.21 per diluted share for the same period a year ago. Income from continuing operations, net of tax was $263,572,000 or $7.70 per diluted share compared to $85,929,000 or $2.21 per diluted share for the same period a year ago. Income from continuing operations before income taxes was $263,586,000 compared to $85,939,000 for the same period a year ago. Total revenues were $269,031,000 compared to $91,766,000 for the same period a year ago. Economic results were $5,462,000 against $8,716,000 a year ago. Economic results earnings per GAAP diluted share were $0.26 against $0.23 a year ago. Economic Results book value per common share was $8.98 at March 31, 2012 compared with Economic Results book value per common share of $8.60 at December 31, 2011.