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  September 5, 2001
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Home > Company Index > Insurance > Reinsurance > IPC Holdings, Ltd.

IPC Holdings, Ltd.
Nasdaq: IPCR
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 PROFILE
If excessive natural disasters are costly to people, imagine the toll they take on insurance companies. IPC Holdings helps lessen the burden by selling property catastrophe reinsurance on an excess-of-loss basis for primary insurers. Such reinsurance pays only after an insurance company's losses on natural or man-made disasters exceed a specific amount. IPC Holdings also provides short-tail property reinsurance. The Bermuda-based firm insures large insurance companies worldwide, almost half of all clients are based in the US. Subsidiaries of American International Group (AIG) supply custodial, administrative, and investment management services to IPC Holdings. AIG owns about one-quarter of the company.

 COMPETITION
GeneralCologne Re (dossier)
PartnerRe Ltd. (PRE)
Swiss Reinsurance Company (RUKN)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 118.60
1-Yr. Sales Growth: (23.8)%
Employees: 13
Revenue per employee: $9,123,076.92

 KEY PEOPLE
• John P. Dowling
    CEO
• John R. Weale
    CFO

 CONTACT INFO
American International Bldg., 29 Richmond Rd.
Pembroke HM 08, Bermuda
Phone: 1-441-298-5100
Fax: 1-441-292-8085

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