| Business Summary | | SCPIE
Holdings
Inc.
is
a
holding
company
owning
subsidiaries
engaged
in
providing
insurance
and
reinsurance
products.
The
Company
is
a
nationwide
provider
of
medical
malpractice
insurance
and
related
liability
insurance
products
to
physicians,
healthcare
facilities
and
others
engaged
in
the
healthcare
industry.
The
Company
is
actively
engaged
in
developing
a
diverse
portfolio
of
assumed
reinsurance
treaties
to
complement
its
direct
insurance
business.
SCPIE
conducts
its
insurance
business
through
three
insurance
company
subsidiaries,
SCPIE
Indemnity
Company,
American
Healthcare
Indemnity
Company
and
American
Healthcare
Specialty
Insurance
Company.
All
three
companies
generally
have
the
right
to
participate
in
domestic
and
international
reinsurance
treaties. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SCPIE
Holdings,
Inc.
is
the
parent
company
of
a
group
of
insurance
and
insurance-related
companies
providing
medical
malpractice
insurance
primarily
in
CA.
For
the
six
months
ended
6/30/01,
revenues
increased
25%
to
$124.9
million.
Net
loss
totalled
$26.8
million
vs.
an
income
of
$8.2
million.
Revenues
benefitted
from
increased
assumed
reinsurance
premiums
earned.
Net
income
was
offset
by
increased
losses
and
loss
adjustment
expenses
and
higher
operating
costs. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Mitchell Karlan, M.D., 73 Chairman | -- | Donald Zuk, 64 Pres,
CEO, Director | $608K | Patrick Lo, 48 Sr.
VP, CFO | 254K | Donald Newell, 63 Sr.
VP, Gen. Counsel, Director | -- | Patrick Grant, 58 Sr.
VP, Marketing | 270K | 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
|
|