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Saturday, December 19, 2009, 9:42PM ET - U.S. Markets Closed. Dow Up 0.20% Nasdaq Up 1.45%
Platinum Underwriters Holdings Ltd. (PTP)On Dec 18: 37.21  Up 0.09 (0.24%)  
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Platinum Underwriters Holdings Ltd.
The Belvedere Building
69 Pitts Bay Road
Pembroke,  HM 08
Bermuda - Map
Phone: 441-295-7195
Fax: 441-295-4605
Web Site: http://www.platinumre.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Property & Casualty Insurance
Full Time Employees:153

BUSINESS SUMMARY 
Platinum Underwriters Holdings, Ltd., through its subsidiaries, provides property and marine, casualty, and finite risk reinsurance products worldwide. It operates in three segments: Property and Marine, Casualty, and Finite Risk. The Property and Marine segment includes property catastrophe excess-of-loss reinsurance contracts, property per-risk excess-of-loss reinsurance contracts, and property proportional reinsurance contracts. It provides reinsurance coverage for damage to property and crops; and reinsurance coverage for marine and offshore energy insurance programs, including hull damage, protection and indemnity, cargo damage, satellite damage, and general marine liability. This segment also underwrites commercial and general aviation reinsurance. The Casualty segment provides reinsurance products that cover umbrella liability, general and product liability, professional liability, workersÂ’ compensation, casualty clash, and automobile liability, as well as surety, trade credit, political risk, and accident and health. The Finite Risk segment principally provides structured reinsurance contracts with ceding companies. It offers various categories of finite risk contracts, such as quota share, multiyear excess-of-loss, and whole account aggregate stop loss. Platinum Underwriters markets its products through reinsurance intermediaries to providers of commercial and personal lines of insurance and reinsurance. The company was founded in 2002 and is based in Pembroke, Bermuda.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Michael D. Price , 42
    Chief Exec. Officer, Pres, Director and Member of Exec. Committee
    $ 2.25M $ 0
    Mr. James A. Krantz , 48
    Chief Financial Officer, Principal Accounting Officer and Exec. VP
    $ 720.00K $ 0
    Ms. H. Elizabeth Mitchell , 47
    Chief Exec. Officer of Platinum Underwriters Reinsurance, Inc. and Pres of Platinum Underwriters Reinsurance, Inc.
    $ 933.00K $ 0
    Mr. Robert S. Porter , 44
    Chief Exec. Officer of Platinum Underwriters Bermuda, Ltd.
    $ 975.00K $ 0
    Mr. Michael E. Lombardozzi , 47
    Chief Admin. Officer, Exec. VP, Sec. and Gen. Counsel
    $ 989.00K $ 0
    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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