| | Business Summary | | Ceres
Group,
Inc.
provides
a
wide
array
of
health
and
life
insurance
products.
The
Company's
core
businesses
are
major
medical
health
insurance
for
individuals,
associations
and
small
businesses,
as
well
as
senior
health,
life
and
annuity
products
for
Americans
age
55
and
over.
The
Company
also
offers
a
Senior
Savers
Plus
Plan,
which
provides
discounts
on
extended
care
and
home
healthcare
services,
in
addition
to
the
other
product
and
service
discounts.
To
help
control
medical
costs,
the
Company
provides
medical
cost
management
services
to
its
insureds.
Ceres
had
over
460,000
certificates
and
individual
policies
in
force
as
of
December
31,
2000,
representing
more
than
700,000
insureds,
including
219,000
major
medical
group
certificates
and
individual
policies. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Ceres
Group,
Inc.
markets
and
delivers
a
broad
range
of
health
and
life
insurance,
medical
cost
management
services
and
specialty
products
to
individuals,
small
businesses
and
the
senior
market.
For
the
six
months
ended
6/30/01,
revenue
rose
37%
to
$346.9
million.
Net
loss
applicable
to
Common
totaled
$6.8
million
vs.
income
of
$8.4
million.
Results
reflect
new
sales,
premium
rate
increases,
and
the
acquisition
of
Pyramid
Life,
offset
by
a
$7.1
million
write-off. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Peter Nauert, 57
Chairman,
CEO, Pres | $1.2M | Charles Miller, Jr., 50
CFO,
Exec. VP, Treasurer | 305K | Mark Nielsen, 48
Exec.
VP, Sr. Health Operations | -- | Anthony Pino, 53
Exec.
VP, Operations | 273K | Amy McFadden
Sr. VP-Fin. | -- | | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/c/cerg.gif)