BNET Industries

Pxre Corp.

is in the Financial Services Industry

Last Fiscal Year Sales:$300.0M
  • Private
  • US
Dow Jones Description

PXRE Group Ltd. is a world-wide provider of catastrophe reinsurance products and services to both primary insurers and reinsurers. Since 1987, we have specialized in offering catastrophe and risk excess reinsurance including: - Property catastrophe excess of loss - Property catastrophe retrocessional excess of loss - Property risk excess of loss - Marine reinsurance - Aerospace reinsurance We focus on short-tail, high-severity low-frequency lines of business, which we have successfully underwritten over the long term. And although this strategy exposes us to volatility in the short term, we have continually proven our commitment to financial stability for our clients and profitability for our investors. Evidence of this success is our cumulative average catastrophe and risk excess loss ratio of 47% for the period from 1987 through 2003.

Chief Executive Officer
Jeffrey L. Radke
Number of Employees 74
Contact Information

399 Thornall St Fl 14

Edison, New Jersey 08837

www.pxre.com

1 732 906 8100

NAICS Code All Other Insurance Related Activities: 524298

News & Analysis

pxre corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Jeffrey L. Radke Chief Executive Officer
Guy Hengesbaugh Chief Operating Officer
Robert Myron chief financial officer
Alain Tounquet Senior Vice President
Andrew Stapleton Senior Vice President
Eugene Sverchek Senior Vice President
Peter Kiernan Senior Vice President
Rudy Bogaerts Senior Vice President
Richard Milner Vice President
Bruce Byrnes General Counsel
Robert Stavis
Bradley E. Cooper Director
Craig A Huff Director
Jonathan D Kelly Director
Wendy Luscombe Director

Board of Directors

Name (plus bio) Position
Gerald L. Radke Chairman of the Board of Directors
F Sedgwick Browne Board of Directors

Jeffrey Radke has served as Chief Executive officer and President of PXRE since June 2003. Prior to that he held the positions of President and Chief Operating Officer and was Executive Vice President from November 1999 to May 2002.Mr Radke was previously President and Director of Select Reinsurance Ltd and Senior Vice President - Capital Markets Products - for CAT Limited. He has a BBA in insurance from the University of Wisconsin and began his career in reinsurance in 1990 at Guy Carpenter & Company, a reinsurance brokerage firm.

Organization Position Status
Pxre Corporation Chief Executive Officer Current
Pxre Corporation President Current
Bermuda Container Line Ltd. Current
Pxre Corporation Board of Directors Current
PXRE Group Ltd. Board of Directors Current
PXRE Group Ltd. President & CEO Former
Pxre Corporation chief operating officer Former
Pxre Corporation Executive Vice President Former
Cat Company Senior Vice President Former
Guy Carpenter & Company, Inc. Former
University of Wisconsin Bba In Insurance Former

Organization Position Status
PXRE Group Ltd. COO Current
Pxre Corporation Chief Operating Officer Current
LaSalle Re Holdings, Ltd. chief executive officer Former
LaSalle Re Holdings Limited Chief Executive Officer Former
LaSalle Re Holdings, Ltd. president Former
LaSalle Re Holdings Limited President Former
Aquinas College BS in business administration Former

Organization Position Status
Pxre Corporation chief financial officer Current
Argo Group International Holdings Ltd. Executive Vice President, Chief Financial Officer Current
Pxre Corporation executive vice president Current
Pxre Corporation Treasurer Current
PXRE Group Ltd. CFO, Executive Vice President & Treasurer Former
PXRE Group Ltd. Senior Vice President Former
PXRE Group Ltd. Board of Directors Former
Babson College Bs Degree Former

Organization Position Status
Pxre Corporation Senior Vice President Current

Organization Position Status
Pxre Corporation Senior Vice President Current

Organization Position Status
Pxre Corporation Senior Vice President Current

Organization Position Status
Pxre Corporation Senior Vice President Current

Organization Position Status
Pxre Corporation Senior Vice President Current

Organization Position Status
Pxre Corporation Vice President Current

Organization Position Status
The Navigators Group, Inc. Senior Vice President, General Counsel & Chief Compliance Officer Current
PXRE Group Ltd. General Counsel Former
Baker & McKenzie Global Services LLC associate Former
Pxre Corporation General Counsel Former
Brooklyn Law School J.D. Former
The State University of New York B.A. Former

Organization Position Status
Pxre Corporation Current
The Phoenix Companies, Inc. chief executive officer Former
Reservoir Capital Group, LLP president Former
Reservoir Capital Group, LLP co-founder Former
The Phoenix Companies, Inc. chairman Former

Gerald Radke has served as chairman of the board of directors since June 1995. He retired as chief executive officer of PXRE on June 30, 2003. He had been the chief executive officer and a director of PXRE (and its predecessor PXRE Corporation) since 1986. Gerald was senior vice president and director of MONY Reinsurance Company from 1975 to 1982. He began his career at CNA Insurance Company as assistant secretary from 1968 to 1975. Gerald received a MBA and a BBA from the University of Wisconsin.

Organization Position Status
Pxre Corporation Chairman of the Board of Directors Current
Story Soil and Water Conservation District Vice-Chair Current
PXRE Group Ltd. Board of Directors Current
Pxre Corporation Chief Executive Officer Former
LaSalle Re Holdings, Ltd. chief executive officer Former
LaSalle Re Holdings, Ltd. president Former
United States Department of Agriculture Scientist Former
Pxre Corporation Director Former
University of Wisconsin Ph.D. Former
Iowa State University M.S. Degree Former
University of Wisconsin Mba and A Bba Former
University of Wisconsin B.S. Degree Former

Organization Position Status
Capital Z Senior Vice President Current
Authoria, Inc. Partner of Capital Z Financial Services Partners Current
NewStar Financial, Inc. Member of Compensation Committee Current
Authoria, Inc. Board of Directors Current
Argo Group International Holdings Ltd. Board of Directors Current
PXRE Group Ltd. Board of Directors Current
CHD Meridian Healthcare, Inc. Board of Directors Current
Pxre Corporation Director Current
NewStar Financial, Inc. Board of Directors Current
Universal American Financial Corp. Board of Directors Current
Capital Z Director Current
Digital Insurance Inc. Board of Directors Current
Grand Court Kansas City Director Current
Placemark Investments, Inc. Board of Directors Current
PXRE Group Ltd. Member Current
International Insurance Advisors Vice President Former
Salomon Brothers, Inc. Investment Banker Former
Salomon Brothers investment banker Former
University of Michigan B.A. in Business Administration Former

Mr. Huff is the president and co-founder of Reservoir Capital Group, a New York based private investment firm. Prior to co-founding Reservoir in 1997, he was a partner at Ziff Brothers Investments, a generalist investment firm managing Ziff family capital from 1993 to 1997. Previously, he served as a nuclear submarine officer in the U.S. Navy. Craig currently serves on the board of directors of ARC Systems, Inc., Talbot Holdings Limited and Sithe Energies, Inc.

Organization Position Status
Sithe Energies, Inc. Board of Directors Current
Talbot Holdings Limited Board of Directors Current
Arc Systems Board of Directors Current
Pxre Corporation Director Current

Organization Position Status
Pxre Corporation Board of Directors Current
Sidley Austin LLP Counsel Former

Organization Position Status
Capital Z Partner Current
Pxre Corporation Director Current
Donaldson, Lufkin & Jenrette Senior Vice President Former
Donaldson, Lufkin & Jenrette merger and acquisition Former
Donaldson Company, Inc. corporate finance Former
University of Pennsylvania B.S. in Economics Former

Organization Position Status
Pxre Corporation Director Current
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