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Platinum Underwriters Holdings Ltd. (PTP)

74.25 0.06(0.08%) Nov 25, 4:02PM EST
|After Hours : 74.05 Down 0.20 (0.27%) Nov 25, 4:18PM EST
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Platinum Underwriters Holdings Ltd.
Waterloo House
100 Pitts Bay Road
Pembroke, HM 08
Bermuda - Map
Phone: 441-295-7195

Index Membership:N/A
Industry:Property & Casualty Insurance
Full Time Employees:124

Business Summary 

Platinum Underwriters Holdings, Ltd., through its subsidiaries, provides property and marine, casualty, and finite risk reinsurance coverage products worldwide. It operates in three segments: Property and Marine, Casualty, and Finite Risk. The Property and Marine segment provides reinsurance coverage for damage to property and crops, as well as offers property catastrophe and marine excess-of-loss reinsurance contracts, property and marine per-risk excess-of-loss, and proportional reinsurance contracts. This segment also provides property facultative reinsurance; and reinsurance coverage for marine, offshore energy, and aerospace insurance programs, such as hull damage, protection and indemnity, cargo damage, satellite damage, aviation hull, aviation liability, and general marine liability. The Casualty segment offers reinsurance contracts covering general and product liability, professional liability, umbrella liability, workers’ compensation, accident and health, casualty clash, automobile liability, and financial lines reinsurance products. The Finite Risk segment provides structured reinsurance contracts with ceding companies and offers various categories of finite risk contracts, such as finite quota share, multi-year excess-of-loss, and whole account aggregate stop loss reinsurance contracts. The company markets its products through reinsurance brokers. Platinum Underwriters Holdings, Ltd. was founded in 2002 and is based in Pembroke, Bermuda.

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Corporate Governance 
Platinum Underwriters Holdings Ltd.’s ISS Governance QuickScore as of Nov 1, 2014 is 2. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 1; Compensation: 8.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Michael D. Price , 48
Chief Exec. Officer, Pres, Director And Member Of Exec. Committee
Mr. Allan C. Decleir , 49
Chief Financial Officer, Principal Accounting Officer and Exec. VP
Mr. Michael E. Lombardozzi , 52
Chief Admin. Officer, Exec. VP, Gen. Counsel, Sec., Chief Exec. Officer of Platinum Admin. Services, Inc. and Pres of Platinum Admin. Services, Inc.
Ms. H. Elizabeth Mitchell , 52
Chief Exec. Officer of Platinum Underwriters Reinsurance Inc and Pres of Platinum Underwriters Reinsurance Inc
Mr. Robert S. Porter , 50
Chief Exec. Officer of Platinum Underwriters Bermuda Ltd
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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