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Tower Group International, Ltd. (TWGP)

2.19 0.03(1.39%) Jul 30, 3:59PM EDT
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Tower Group International, Ltd.
Maxwell Roberts Building
7th Floor
Hamilton, HM JX
Bermuda - Map
Phone: 441 279 6610
Fax: 441 279 6619

Index Membership:N/A
Industry:Property & Casualty Insurance
Full Time Employees:1,204

Business Summary 

Tower Group International, Ltd., through its subsidiaries, provides insurance and reinsurance services to individuals and businesses primarily in the United States. It operates through three segments: Commercial Insurance, Assumed Reinsurance, and Personal Insurance. The Commercial Insurance segment offers commercial package, general liability, workers’ compensation, commercial automobile, fire and allied, inland marine, and commercial umbrella policies to businesses in various industries. The Assumed Reinsurance segment provides assumed reinsurance services in the United States and internationally. The Personal Insurance segment offers property, liability, business interruption, equipment breakdown, fidelity, and inland marine coverages for commercial businesses and enterprises; general liability policies; workers’ compensation insurance; automobile liability and physical damage insurance; and fire and allied lines. The company provides its products and services through retail agencies, wholesale agencies, program underwriting agents, and reinsurance brokerage units. Tower Group International, Ltd. is headquartered in Hamilton, Bermuda.

Key Statistics

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Corporate Governance 
Tower Group International, Ltd.’s ISS Governance QuickScore as of Jul 1, 2014 is 5. The pillar scores are Audit: 10; Board: 2; Shareholder Rights: 3; Compensation: 8.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. William W. Fox Jr., 72
Chief Exec. Officer and Pres
Mr. William E. Hitselberger , 56
Chief Financial Officer, Principal Accounting Officer and Exec. VP
Mr. Elliot S. Orol , 58
Sr. VP, Gen. Counsel and Sec.
Mr. William F. Dove , 48
Chief Risk Officer, Sr. VP and Chief Actuary
Mr. James E. Roberts , 68
Sr. VP of Reinsurance
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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