Last $65.33 USD
Change Today +0.28 / 0.43%
Volume 61.8K
PTP On Other Exchanges
New York
As of 8:04 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

platinum underwriters hldgs (PTP) Snapshot

Previous Close
Day High
Day Low
52 Week High
06/6/14 - $66.43
52 Week Low
02/13/14 - $55.03
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

Related News

No related news articles were found.

platinum underwriters hldgs (PTP) Related Businessweek News

No Related Businessweek News Found

platinum underwriters hldgs (PTP) Details

Platinum Underwriters Holdings, Ltd., through its subsidiaries, provides property and marine, casualty, and finite risk reinsurance coverage products worldwide. It operates in three segments: Property and Marine, Casualty, and Finite Risk. The Property and Marine segment provides reinsurance coverage for damage to property and crops, as well as offers property catastrophe and marine excess-of-loss reinsurance contracts, property and marine per-risk excess-of-loss, and proportional reinsurance contracts. This segment also provides property facultative reinsurance; and reinsurance coverage for marine, offshore energy, and aerospace insurance programs, such as hull damage, protection and indemnity, cargo damage, satellite damage, aviation hull, aviation liability, and general marine liability. The Casualty segment offers reinsurance contracts covering general and product liability, professional liability, umbrella liability, workers’ compensation, accident and health, casualty clash, automobile liability, and financial lines reinsurance products. The Finite Risk segment provides structured reinsurance contracts with ceding companies and offers various categories of finite risk contracts, such as finite quota share, multi-year excess-of-loss, and whole account aggregate stop loss reinsurance contracts. The company markets its products through reinsurance brokers. Platinum Underwriters Holdings, Ltd. was founded in 2002 and is based in Pembroke, Bermuda.

124 Employees
Last Reported Date: 02/13/14
Founded in 2002

platinum underwriters hldgs (PTP) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $925.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $402.5K
Chief Administrative Officer, Executive Vice ...
Total Annual Compensation: $512.5K
Chief Executive Officer of Platinum Underwrit...
Total Annual Compensation: $512.5K
Chief Executive Officer of Platinum Underwrit...
Total Annual Compensation: $512.5K
Compensation as of Fiscal Year 2013.

platinum underwriters hldgs (PTP) Key Developments

James P. Slattery Resigns as Director of Platinum Underwriters Holdings Ltd., Effective June 19, 2014

Effective June 19, 2014, James P. Slattery resigned as a director of Platinum Underwriters Holdings Ltd. due to personal health reasons. The Board has not made any determination at this time regarding nominating a replacement for Mr. Slattery on the Board.

Platinum Underwriters Holdings, Ltd. Announces Quarterly Dividend on Common Shares, Payable on June 30, 2014

Platinum Underwriters Holdings Ltd. announced that the board of directors has declared a quarterly dividend of $0.08 per common share. The dividend is payable on June 30, 2014 to shareholders of record on June 2, 2014.

Platinum Underwriters Holdings Ltd. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014; Announces Impairment Charges for the First Quarter of 2014

Platinum Underwriters Holdings Ltd. announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported net premiums earned were $126,273,000 compared to $126,853,000 for the same period a year ago. Net investment income was $17,692,000 compared to $18,544,000 for the same period a year ago. Total revenue was $144,879,000 compared to $159,686,000 for the same period a year ago. Income before income taxes was $67,987,000 compared to $91,605,000 for the same period a year ago. Net income was $63,735 $86,516,000 for the same period a year ago. Diluted earnings per common share were $2.27 compared to $2.63 for the same period a year ago. Book value per common share grew to $65.35 as of March 31, 2014, an increase of 5.3% from December 31, 2013. The company also reported net impairment losses on investments of $88,000 for the first quarter of 2014 compared to $421,000 for the same period a year ago.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PTP:US $65.33 USD +0.28

PTP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Argo Group International Holdings Ltd $52.81 USD +1.30
Greenlight Capital Re Ltd $33.75 USD +0.11
Horace Mann Educators Corp $29.69 USD -0.13
Montpelier Re Holdings Ltd $32.12 USD +0.13
United Fire Group Inc $29.50 USD -0.01
View Industry Companies

Industry Analysis


Industry Average

Valuation PTP Industry Range
Price/Earnings 9.5x
Price/Sales 2.9x
Price/Book 1.0x
Price/Cash Flow 8.8x
TEV/Sales NM Not Meaningful

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PLATINUM UNDERWRITERS HLDGS, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at