37. PWS Holdings
Fee and comm income (2000): £14.0m
37. PWS Holdings
Fee and comm income (2000): £14.0m
Pre-tax profit (2000): £2.5m
Address: 52-56 Minories
London
EC3N 1JJ
Tel: 020 7480 6622
Fax: 020 7480 0520
Email: pws@pwsint.co.uk
Website: www.pwsint.com
History: PWS is an independent specialist reinsurance broker. It was founded in 1964 and was floated on the London Stock Exchange in 1984.
In 2000, however, a public to private management buyout was successfully completed, thus assuring PWS's long-term independence.
The company's specialist areas include property (international), property (Americas), marine, professional risks, construction and engineering, treaty (international) and treaty (London Market). Initially operating solely from its office in London, the company developed an extensive international client base.
In 2001 the fee and commission income was £15.8m and pre-tax profit was £3.1m.
Chief officer: Peter Smith, group managing director
Major shareholders: The company is 100% owned by its existing management.
Main lines of business: International treaty and facultative reinsurance.
Number of UK branches: 14 - three UK and 11 worldwide
Number of employees (average for 2001): 230
