BNET Industries
Market Cap:$294.0K
Last Fiscal Year Sales:$1.1B
- Public
- BM
Dow Jones Description
Provider of Property Catastrophe, Treaty & Other Specialty Insurance & Reinsurance Products
Founder
David A SchuppNumber of Employees 429
Peer Companies
NAICS Code Reinsurance Carriers: 524130
News & Analysis
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trenwick group ltd. - All News and Analysis
World Updates; Talisman buys Trenwick's Lloyd's operations.(International)(Talisman Holdings Ltd. buys Lloyd's of London operations of Bermuda-based Trenwick Group Ltd.)(Swiss Re securitizes life insurance portfolio)(Amlin P.L.C.'s Lloyd's of London syndi
- 2003-12-15
Talisman Holdings Ltd. has completed a management buyout of the Lloyd's of London operations of Bermuda-based Trenwick Group Ltd. and rebranded its Lloyd's managing agency as Canopius. Canopius will manage composite syndicate 4444 and life syndicate 44. Syndicate 4444 has capacity of [pounds sterling]250 million ($432.3...
Trenwick Group Ltd. Common Shares and the LaSalle Re Holdings, Ltd. Series A Perpetual Preferred Stock Expected to be Quoted on the OTC Bulletin Board
- 2003-03-25
Business Editors/Insurance Writers HAMILTON, Bermuda--BUSINESS WIRE--March 25, 2003 Trenwick Group Ltd. (NYSE:TWK) today announced that it expects that its common shares and the Series A Perpetual Preferred Stock of LaSalle Holdings Ltd. (NYSE:LSH_pa), its Bermuda-based subsidiary, will be quoted on the Over-The-Counter OTC Bulletin Board beginning today, Tuesday,...
Trenwick Group Limited Continues Restructuring Discussions
- 2003-02-28
Business Editors HAMILTON, Bermuda--BUSINESS WIRE--Feb. 28, 2003 Trenwick Group Ltd. (NYSE: TWK) announced today that it is engaged in continuing discussions with holders of its senior debt securities. Included in Trenwick's consolidated indebtedness are $75 million principal amount of senior notes of Trenwick's subsidiary, Trenwick America Corporation,...
Trenwick Group Ltd. Fourth Quarter 2002 Financial Results Conference Call
- 2003-02-12
Business Editors NEW YORK--BUSINESS WIRE--Feb. 12, 2003 Trenwick Group Ltd. (NYSE: TWK - news) will conduct an investment community conference call on Friday, February 21, 2002 at 11:00 a.m. EST to discuss its financial results for the fourth quarter, as well as the company's outlook. Trenwick Group...
Fitch Lowers Trenwick's Rtgs to 'C'
- 2003-02-04
Business Editors CHICAGO--BUSINESS WIRE--Feb. 4, 2003 Fitch Ratings has lowered its long-term rating and senior debt ratings on Trenwick Group. Ltd. and its subsidiaries, collectively Trenwick to 'C' from 'CC'. Fitch's ratings on Trenwick's capital securities and preferred stock remain 'C'. Fitch's rating action follows Trenwick's recent announcement...
S&P Revises Trenwick Preferred Stock Ratings to 'D'
- 2002-12-02
Business Editors NEW YORK--BUSINESS WIRE--Standard & Poor's Dec. 2, 2002-- Standard & Poor's Ratings Services said today that it revised its preferred stock ratings on Trenwick Group Ltd., Trenwick America Corp, LaSalle Re Holdings Ltd., and Trenwick Capital Trust I to 'D' from 'CC' following the announced non-payment...
Trenwick Comments on Market Volume and Share Price
- 2002-11-13
Business Editors HAMILTON, Bermuda--BUSINESS WIRE--Nov. 13, 2002 Trenwick Group Ltd. ("Trenwick") and its subsidiary, LaSalle Re Holdings Limited, experienced significant trading volume and price declines in its publicly listed securities yesterday. At this time and as previously announced, Trenwick continues to engage in discussions with its current...
Trenwick debt rating lowered to 'CCC'. (Advertisement: Insurance News).
- 2002-11-11
Fitch Ratings has lowered its long-term and senior debt ratings on Trenwick Group, Ltd. and its subsidiaries collectively Trenwick to 'CCC 'from 'BB- '.In addition, Fitch has lowered its ratings on Trenwick's preferred capital securities to 'CC' from 'B+', and its preferred stock to 'CC'...
Trenwick Group Ltd. Third Quarter 2002 Financial Results Conference Call
- 2002-11-07
Business Editors NEW YORK--BUSINESS WIRE--Nov. 7, 2002 Trenwick Group Ltd. (NYSE: TWK - news) will conduct an investment community conference call on Friday, November 8, 2002 at 2:00 p.m. EST to discuss its financial results for the third quarter, as well as the company's outlook. Trenwick Group...
Trenwick Group Ltd. Reports Third Quarter Results, Adjusts Loss Reserves, Introduces Deferred Tax Valuation Reserve and Halts Common Share Dividends
- 2002-11-07
Business Editors HAMILTON, Bermuda--BUSINESS WIRE--Nov. 7, 2002 Operating Results Trenwick Group Ltd. ("Trenwick") reported an operating loss of $135.0 million, or $3.67 per share, for the third quarter of 2002 and an operating loss of $142.6 million, or $3.88 per share for the first nine months of...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| David A Schupp | Founder |
| Organization | Position | Status |
|---|---|---|
| Trenwick Group Ltd. | Founder | Current |
| Schupp Company | Founder | Current |
| Goodworks Insurance, LLC | Board of Directors | Current |
| University of Hartford | B.S. In Business | Former |
| Volume | 281,500 |
| Shares Outstanding | 36.7M |
| Market Cap | 294.0K |
| Year High | 0.026 |
| Year Low | 0.0010 |
| Earnings Per Share | -10.57 |
| P/E Ratio | N/A |
| Dividend | 0.00 |
| Yield | 0.00 |
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