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Primus Guaranty, Ltd. (PRS)On Feb 9: 3.46   0.00 (0.00%)  
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Primus Guaranty, Ltd.
Clarendon House
2 Church Street
Hamilton,  HM11
Bermuda - Map
Phone: 441-296-0519
Fax: 212-697-3731
Web Site: http://www.primusfinancial.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Credit Services
Full Time Employees:N/A

BUSINESS SUMMARY 
Primus Guaranty, Ltd., through its subsidiaries, operates as a credit derivative product company and as an investment manager. The company sells credit swaps to global financial institutions and credit swap dealers against investment grade credit obligations of corporate and sovereign issuers. Its products include credit swaps on a single specified reference entity, credit swaps of multiple reference entities, and credit swaps on asset-backed securities. The company also has the ability to cash settle counterparty claims through industry sponsored cash settlement protocols. In addition, Primus Guaranty provides investment management services to affiliated companies and third-party entities. It manages three investment grade collateralized swap obligations on behalf of third parties; and two collateralized loan obligations. The company was founded in 1998 and is based in Hamilton, Bermuda.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Thomas W. Jasper , 61
    Chief Exec. Officer
    N/A N/A
    Mr. Richard Claiden , 58
    Chief Financial & Operating Officer and Principal Accounting Officer
    N/A N/A
    Mr. Vincent B. Tritto Esq., 48
    Gen. Counsel
    N/A N/A
    Mr. John Lisee ,
    Controller
    N/A N/A
    Dollar amounts are as of 31-Dec-08 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.
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