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March 29, 2015 9:51 AM ET

Insurance

Company Overview of Western World Insurance Group, Inc.

Company Overview

Western World Insurance Group, Inc., an underwriting organization, provides general and professional liability, and commercial property and auto insurance products in the United States. Its general liability coverage include owners/contractors protective, products/completed operations, liquor law, and employee benefit liabilities; commercial property coverage comprise building, personal property, business income/extra expense, crime, inland marine, equipment breakdown, and bailees’ coverage; commercial auto coverage include auto and truckers general liabilities, auto physical damage, cargo, and in-tow coverage; and professional liability coverage comprise architects, engineers, directors, of...

400 Parson's Pond Drive

Franklin Lakes, NJ 07417-2600

United States

Founded in 1964

Phone:

201-847-8600

Fax:

201-847-1010

Key Executives for Western World Insurance Group, Inc.

Chief Executive Officer, President, Chief Financial Officer, Executive Vice President - Operations, Chief Operating Officer and Executive Vice President
Senior Vice President of Claims
Senior Vice President of Western World Contract
Senior Vice President of Information Technology
Senior Vice President of Western World Brokerage
Compensation as of Fiscal Year 2014.

Western World Insurance Group, Inc. Key Developments

Western World Insurance Group, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2014

Western World Insurance Group, Inc. reported earnings results for the fourth quarter ended December 31, 2014. The company gross premiums written for the three months ended December 31, 2014 were $65.2 million. Gross premiums written for the three months ended December 31, 2014 included $10.0 million of property premiums and $55.3 million of liability premiums. Net premiums earned for the three months ended December 31, 2014 were $73.0 million. Net operating income available to company for the three months ended December 31, 2014 was $10.9 million. Net income available to company was $11.4 million.

Western World Insurance Group, Inc. Announces Management Changes, Effective January 1, 2015

Western World Insurance Group, Inc. announced that Thomas F. Mulligan, President and Chief Executive Officer, is retiring effective January 1, 2015 after 33 years of continuous service to the company and its customers. Mr. Mulligan will continue to support the company through his participation on the Western World Board of Directors. Robert J. Livingston, the current Chief Operating and Chief Financial Officer, who has been with Western World for 37 years, will assume the role of President and Chief Executive Officer.

Validus Holdings, Ltd., Western World Insurance Group, Inc. - M&A Call

To discuss Validus Holdings, Ltd.'s definitive agreement to acquire Western World Insurance Group, Inc

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