September 27, 2016 8:15 PM ET

Insurance

Company Overview of Talbot Holdings Ltd.

Company Overview

Talbot Holdings Ltd., through its subsidiaries, operates as a specialty insurance group providing insurance underwriting services. The company writes a portfolio of short-tail business, with a marine bias. The company focuses on underwriting specialty risks including marine and energy lines; war; terrorism and political risks; direct property; financial institutions; contingency; and treaty. The company was incorporated in 2001 and is based in Hamilton, Bermuda. As of June 1, 2007, Talbot Holdings Ltd. operates as a subsidiary of Validus Holdings, Ltd.

Clarendon House

2 Church Street

Hamilton,  HM 11

Bermuda

Founded in 2001

Key Executives for Talbot Holdings Ltd.

Chairman and Chief Executive Officer
Age: 66
Chief Financial Officer
Chief Operating Officer
Age: 52
Head of Governance and Director
Director of Underwriting
Compensation as of Fiscal Year 2016.

Talbot Holdings Ltd. Key Developments

Talbot Holdings Ltd. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Talbot Holdings Ltd. reported earnings results for the fourth quarter and full year ended December 31, 2014. Gross premiums written for the three months ended December 31, 2014 were $247.4 million compared to $236.4 million for the three months ended December 31, 2013, an increase of $11.1 million, or 4.7%. Net premiums earned for the three months ended December 31, 2014 were $221.2 million compared to $204.3 million for the three months ended December 31, 2013, an increase of $16.9 million, or 8.3%. Net operating income available to company for the three months ended December 31, 2014 was $11.3 million compared to $33.4 million, for the three months ended December 31, 2013, a decrease of $22.1 million, or 66.1%. Net income available to company was $14.1 million. Gross premiums written for the year ended December 31, 2014 were $1,101.8 million compared to $1,091.9 million for the year ended December 31, 2013, an increase of $9.9 million, or 0.9%. Net premiums earned for the year ended December 31, 2014 were $879.8 million compared to $830.7 million for the year ended December 31, 2013, an increase of $49.1 million, or 5.9%. Net operating income available to company for the year ended December 31, 2014 was $125.0 million compared to $186.5 million for the year ended December 31, 2013, a decrease of $61.5 million, or 32.9%.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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