BNET Industries
Last Fiscal Year Sales:$1.0B
- Public
- UK
Dow Jones Description
Insurance Underwriting
Number of Employees 350
Peer Companies
NAICS Code Direct Property and Casualty Insurance Carriers: 524126
News & Analysis
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wellington underwriting plc. - All News and Analysis
Catlin Group offers $1.01 billion for Wellington Underwriting; Deal one of many acquisitions in the London market.(International News)
Byline: STUART COLLINS LONDON-Hamilton, Bermuda-based Catlin Group Ltd. is set to become one of the largest players at Lloyd's of London, following its 532 million pounds ($1.01 billion), offer to acquire Wellington Underwriting P.L.C. The deal is one of several recent...
Lloyd's insurer confirms offer talks with rival; Bid for Wellington could create largest managing agency.(International News)
Byline: STUART COLLINS LONDON-Lloyd's of London insurer Wellington Underwriting P.L.C. said last week that it is in discussions with rival Catlin Group Ltd. over a possible takeover bid by Catlin. A combination of the two companies would create one of the largest...
Takeover approach from Catlin sends Wellington stock up 17%
The Lloyd's of London insurer Wellington Underwriting revealed it had received an unofficial cash and shares offer from larger rival Catlin yesterday, sending its shares up 17 per cent to a five-year high. The group confirmed market rumours yesterday afternoon, after its shares had put on more...
Antofagasta looks a copper-bottomed bargain at this price
Our view: Buy Share price: 442p (+9p) Antofagasta shares featured as one of the top performers in the FTSE 100 yesterday and rightly so. The Chilean copper miner unveiled a 78 per cent jump in first-half profits, raised its production forecasts for this year...
Antofagasta looks a copper-bottomed bargain at this price
Our view: Buy Share price: 442p (+9p) Antofagasta shares featured as one of the top performers in the FTSE 100 yesterday and rightly so. The Chilean copper miner unveiled a 78 per cent jump in first half profits, raised its production forecasts for this...
Wellington Underwriting PLC announces Wellington Expands in the USA
29 August 2006 Wellington Underwriting plc Wellington expands its US Platform with launch of Marine Reinsurance Business...
Updates; Investment income gains boost SCOR's profits.(World)(Scor S.A's earnings)(Wellington Underwriting P.L.C's earnings)(Lynn Drennan joins Association. of Local Authority Risk Managers)
French reinsurer SCOR S.A. posted net income of e131 million ($155.1 million) for 2005, a 75% increase over the previous year, due in large part to a 33% increase in invest-ment income to e460 million ($544.7 million) for the year. SCOR said in a statement that the...
Matt Yeldham; Underwriting Director, Wellington Underwriting P.L.C., London, 35.(40 Under 40)(Brief Article)
Achievements: Matt Yeldham is the youngest of six underwriting directors at Wellington, where he is responsible for marine and casualty underwriting for Lloyd's of London syndicate 2020. He also is a member of the underwriting executive team for the syndicate, director of Wellington Underwriting Agencies Ltd....
Matt Yeldham; Underwriting Director, Wellington Underwriting P.L.C., London, 35.(40 Under 40)(Brief Article)
***** Correction: In the Oct. 4 "40 Under 40: People to Watch'' feature contained incorrect information. Matt Yeldham is underwriting director at Wellington Underwriting Agencies Ltd., not its London-based holding company. ***** Achievements: Matt Yeldham is the youngest...
Tool reveals 'unknown accumulations'; Catastrophe modeling system designed to aid accident/health insurers.(Spotlight - Reinsurance: International Markets)
Byline: REGIS COCCIA Ceding insurers writing accident and health business have a new, sophisticated modeling tool to gauge accumulated exposures they might not have realized exist. Built around the principle that people move around but buildings don't, Guy Carpenter & Co....
| Volume | 1,564,743 |
| Shares Outstanding | 0. |
| Market Cap | 0. |
| Year High | 16.20 |
| Year Low | 9.060 |
| Earnings Per Share | 0.080 |
| P/E Ratio | 178.25 |
| Dividend | 0.32 |
| Yield | 2.2440 |
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