| Business Summary | | Trenwick
Group
Ltd.,
formerly
LaSalle
Re
Holdings
Ltd.,
is
a
holding
company
whose
principal
subsidiaries
underwrite
specialty
insurance
and
reinsurance.
The
Company
conducts
its
specialty
insurance
and
reinsurance
business
in
five
business
segments:
worldwide
property
catastrophe
reinsurance;
United
States
treaty
reinsurance;
international
specialty
insurance
and
reinsurance;
Lloyd's
insurance
and
reinsurance,
and
United
States
specialty
program
insurance.
Trenwick
operates
through
five
principal
operating
platforms.
They
include
LaSalle
Re
Limited;
Trenwick
America
Reinsurance
Corporation;
Trenwick
International
Limited;
Chartwell
Managing
Agents
Limited,
and
Canterbury
Financial
Group
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Trenwick
Group
is
a
property
and
casualty
reinsurer
writing
worldwide
specialist
products
with
an
emphasis
on
catastrophe
cover
and
unpredictable
events.
For
the
six
months
ended
6/30/01,
revenues
totaled
$505.9
million,
up
from
$72
million.
Net
loss
applicable
to
Common
totaled
$31.9
million,
up
from
$4.2
million.
Revenues
reflect
increased
gross
premiums
written.
Higher
loss
reflects
increased
policy
acquisition
costs
and
claims
and
claims
expenses
incurred. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Billett, Jr., 57 Chairman,
Pres, CEO | $1.5M | Coleman Ross, 57 CFO,
Exec. VP | 517K | Steven Bensinger, 46 Exec.
VP | 896K | Paul Feldsher, 52 Exec.
VP and CUO | 678K | Robert Giambo, 47 Exec.
VP and Chief Actuary | 653K | 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
|
|