Log in or Register for enhanced features | Forgotten Password?
White Papers | Suppliers | Events | Report Store | Companies | Dining Club
Banking Business Review
Return to: BBR Home | Companies

Quanta Capital Holdings Ltd.

Quanta Capital Holdings Ltd.
22 Church Street, Penthouse
Hamilton HM 11
Hamilton
Bermuda
www.quantaholdings.com

No. employees: 46
Turnover: 136.70 (US$m)
Financial year end: December

Company Overview

Quanta Capital Holdings (Quanta Capital) is an insurance holding company engaged in providing specialty lines insurance, reinsurance and risk assessment solutions. The company’s product offering includes Commercial Surety, Environmental Liability, Fidelity and Crime, Marine and Aviation, Professional Liability, Structured Insurance, Casualty & Professional Treaty Reinsurance and Technical Risk Property etc. Quanta Capital has its operations conducted through its subsidiaries namely Quanta Reinsurance Ltd., Quanta U.S. Holdings Inc., Quanta Reinsurance U.S. Ltd., Quanta 4000 Holding Company Ltd., Quanta Indemnity Company, Quanta Specialty Lines Insurance Company, Quanta Europe Ltd., and Quanta Technical Services LLC. It operates in Bermuda, Ireland and the U.S. The company serves their strong customer base across the region through its trained professionals and agents providing state of the art products and solutions. It has been rated B++ (Very Good) by A.M.Best rating agency on the basis of quantitative and qualitative evaluation of financial strength and stability. The company is headquartered at Hamilton, Bermuda and employs approximately 46 people. The company recorded revenues of $136.7 million during the fiscal year ended December 2007, a decrease of 47.1% over 2006. The operating loss of the company was $112.9 million during the fiscal year 2007, as compared to an operating loss of $41.3 million during 2006. The net profit of the company was $22.41 million during the fiscal year 2007, as compared to a net loss of $64.82 million during 2006.

Top Competitors