March 05, 2015 12:21 PM ET


Company Overview of Platinum Underwriters Reinsurance, Inc.

Company Overview

Platinum Underwriters Reinsurance, Inc. provides property and marine, casualty, and finite risk reinsurance products. The company was formerly known as USF&G Family Insurance Company and changed its name in May 2002. Platinum Underwriters Reinsurance, Inc. was founded in 1995 and is based in New York, New York. Platinum Underwriters Reinsurance, Inc. operates as a subsidiary of Platinum Underwriters Holdings Ltd.

225 Liberty Street

2 World Financial Center

Suite 2300

New York, NY 10281

United States

Founded in 1995





Key Executives for Platinum Underwriters Reinsurance, Inc.

Chief Underwriting Officer - Casualty
Compensation as of Fiscal Year 2014.

Platinum Underwriters Reinsurance, Inc. Key Developments

Platinum Underwriters Holdings, Ltd., Platinum Underwriters Bermuda, Ltd. and Platinum Underwriters Reinsurance, Inc. Amends Credit Facility

On December 19, 2013, Platinum Underwriters Holdings, Ltd. and its subsidiaries Platinum Underwriters Bermuda, Ltd. and Platinum Underwriters Reinsurance, Inc. entered into a letter agreement amending the $100 million committed letter of credit facility letter dated June 30, 2011 between Platinum Bermuda, Platinum US, Platinum Holdings and Citibank Europe plc. The letter amendment amends the facility letter to extend the availability end date and facility expiry date by two years. Pursuant to the letter amendment, under the terms of the facility letter, no letter of credit will be issued under the facility after December 31, 2015. In addition, any letter of credit issued under the facility will expire no later than December 31, 2016.

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