Company Information

  

Address: SCHRODERS HOUSE
131 FRONT STREET 
City: HAMILTON 
State:  
Zip Code: HM 12 
Telephone: (441) 295-5225 

Description of Business

Primary SIC Code: 6331
(As filed with the SEC)  

We are a Bermuda-based holding company, primarily focused on serving the needs of regional and specialty insurers in the United States ("U.S."), Europe and select other global markets by providing innovative reinsurance solutions designed to support their capital needs. We specialize in reinsurance solutions that optimize financing and risk management by providing coverage within the more predictable and actuarially credible lower layers of coverage and/or reinsuring risks that are believed to be lower hazard, more predictable and generally not susceptible to catastrophe claims. Our tailored solutions include a variety of value added services focused on helping our clients grow and prosper. Our principal operating subsidiaries are rated "BBB+" (Good) with a stable outlook by S&P Global Ratings ("S&P"), which is the eighth highest of twenty-two rating levels. On September 1, 2016, A.M. Best Company ("A.M.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
There's no share overview data.

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.07Total Liab/Total Assets0.78
Net Inc/Total Assets0.01Total Liab/Inv Cap0.78
Net Inc/Inv Cap0.01Total Liab/Comm Equity6.56
Pretax Inc/Net Sales0.02Interest Coverage Ratio2.76
Net Inc/Net Sales0.02Curr Debt/EquityNA
Cash Flow/Net Sales0.17LTD/Equity0.26
SG&A/NetSales0.02Total Debt/Equity0.26
Asset Utilization   Liquidity  
Net Receivables Turnover4.22Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&ENA  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 703.04 754.76 756.31 659.28
Cost of Goods Sold 729.43 738.66 702.60 708.71
Selling & Admin Exps 19.49 15.35 17.41 17.25
Operating Income -54.80 -16.06 26.99 -69.01
Interest Exp 4.83 6.75 6.86 6.86
Pretax Income -54.80 -16.06 26.99 -69.01
Other Income -3.55 -9.53 -1.92 5.14
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -55.05 -16.33 26.52 -68.70

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 314.28 437.30 193.23 149.54
Receivables - Total 788.08 755.41 892.31 678.08
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment NA NA NA NA
Total Assets 6,839.10 6,791.23 6,556.96 6,252.30
Liabilities        
Accounts Payable 175.54 152.68 172.89 167.74
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities NA NA NA NA
Long-Term Debt 254.43 254.38 351.49 351.41
Total Liabilities 5,418.07 5,290.83 5,187.20 4,891.50
Stockholder's Equity        
Minority Interest 0.36 0.35 0.34 0.36
Preferred Stock 465.00 465.00 315.00 315.00
Common Stock 0.88 0.88 0.88 0.87
Retained Earnings 181.51 257.81 293.16 285.66
Treasury Stock -19.90 -5.57 -5.57 -4.99
Total Stockholders' Equity 1,421.03 1,500.40 1,369.76 1,360.80
Total Liabilities and Stockholders' Equity 6,839.10 6,791.23 6,556.96 6,252.30

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 151.27 178.07 45.44 143.98
Net Cash Provided by Investing Activities -180.38 -42.87 11.19 -147.82
Net Cash Provided by Financing Activities -35.99 26.59 -19.04 -17.12

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20121,899.7650.15--
12/20132,110.06102.74--
12/20142,381.17101.39--
12/20152,573.11124.48--
12/20162,731.6348.98--
Growth Rates9.50-0.59--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17160.14




Report Date : 12/4/2017

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