|11/24/14||Platinum Underwriters Holdings, Ltd. Announces Entry Into A Definitive Merger Agreement With RenaissanceRe Holdings Ltd.|
|HAMILTON, Bermuda, Nov. 24, 2014 /PRNewswire/ -- Platinum Underwriters Holdings, Ltd. (NYSE: PTP) ("Platinum" or the "Company") announced today that it has entered into a definitive merger agreement with RenaissanceRe Holdings Ltd. (NYSE: RNR) ("RenaissanceRe") under which RenaissanceRe will acquire Platinum. Under the terms of the transaction, the common shareholders of Platinum will receive cash and RenaissanceRe common shares with an approximate value of $76 per share, or approximately $1.9 ... |
|10/21/14||Platinum Underwriters Holdings, Ltd. Declares A Quarterly Dividend On Its Common Shares|
|HAMILTON, Bermuda, Oct. 21, 2014 /PRNewswire/ -- Platinum Underwriters Holdings, Ltd. (NYSE: PTP) announced today that the Board of Directors has declared a quarterly dividend of $0.08 per common share. The dividend is payable on December 31, 2014 to shareholders of record on December 1, 2014.
Platinum Underwriters Holdings, Ltd. is a leading provider of property, casualty and finite risk reinsurance coverages, through reinsurance brokers, to a diverse clientele on a worldwi... |
|10/15/14||Platinum Underwriters Holdings, Ltd. Reports Third Quarter 2014 Financial Results|
|HAMILTON, Bermuda, Oct. 15, 2014 /PRNewswire/ -- Platinum Underwriters Holdings, Ltd. (NYSE: PTP) today reported net income of $29.1 million and diluted earnings per common share of $1.12 for the quarter ended September 30, 2014.
The results for the quarter include net premiums earned of $129.5 million, net favorable development of $23.5 million and net investment income of $17.5 million.
Michael D. Price, Platinum's Chief Executive Officer, commented, "Our results reflect favorable prio... |