Last updated: 2 July 2021 at 9:15am EST

Laurence Richardson Net Worth




The estimated Net Worth of Laurence B. Ii Richardson is at least $1.19 Million dollars as of 1 March 2021. Mr. Richardson owns over 1,269 units of Watford stock worth over $520,141 and over the last 5 years he sold WTREP stock worth over $0. In addition, he makes $673,788 as Chief Operating Officer at Watford.

Mr. Richardson WTREP stock SEC Form 4 insiders trading

Laurence has made over 2 trades of the Watford stock since 2020, according to the Form 4 filled with the SEC. Most recently he exercised 1,269 units of WTREP stock worth $31,839 on 1 March 2021.

The largest trade he's ever made was exercising 16,962 units of Watford stock on 26 April 2020 worth over $425,577. On average, Laurence trades about 3,646 units every 62 days since 2019. As of 1 March 2021 he still owns at least 20,731 units of Watford stock.

You can see the complete history of Mr. Richardson stock trades at the bottom of the page.





Laurence Richardson biography

Laurence B. Richardson II serves as Chief Operating Officer of the Company. From March 2012 to January 2017, he held the position of Senior Vice President-Capital Markets at Arch Capital Group Ltd., where he primarily focused on convergence transactions through which reinsurance risk is transferred to capital markets investors. In such capacity, Mr. Richardson was involved in the formation and launch of our company. Mr. Richardson was seconded to our company by Arch Capital Group Ltd. from July 1, 2016 to January 3, 2017. Prior to joining Arch Capital Group Ltd., Mr. Richardson held the position of Senior Vice President in the Ventures Group at RenaissanceRe, which develops and structures non-traditional reinsurance products, makes strategic investments and creates and manages RenaissanceRe’s joint ventures and other managed vehicles, including Top Layer Re, DaVinci Re, Timicuan Re, Starbound Re-I, Starbound Re-II and Channel Re. Mr. Richardson had joined RenaissanceRe in mid-2001. Prior to joining RenaissanceRe, Mr. Richardson was an investment banker with over 15 years of experience in the structured products and securitization arena, having been employed at a number of nationally recognized Wall Street firms, including the investment banks of E. F. Hutton & Co., Donaldson, Lufkin & Jenrette Securities Corporation, and Alex Brown & Sons, Incorporated and prior thereto was an attorney with the law firm Thacher, Proffitt & Wood LLP. Mr. Richardson graduated from the University of Virginia with both a B.S. degree from the McIntire School of Commerce and a J.D. degree from the School of Law.

What is the salary of Laurence Richardson?

As the Chief Operating Officer of Watford, the total compensation of Laurence Richardson at Watford is $673,788. There are 2 executives at Watford getting paid more, with Jonathan Levy having the highest compensation of $2,150,210.



How old is Laurence Richardson?

Laurence Richardson is 61, he's been the Chief Operating Officer of Watford since 2020. There are 4 older and 9 younger executives at Watford. The oldest executive at Watford Holdings Ltd. is Deborah DeCotis, 68, who is the Independent Director.

What's Laurence Richardson's mailing address?

Laurence's mailing address filed with the SEC is C/O WATFORD HOLDINGS LTD. WATERLOO HOUSE, 1ST FLOOR 100 PITTS BAY ROAD, PEMBROKE, D0, HM 08.

Insiders trading at Watford

Over the last 6 years, insiders at Watford have traded over $15,971,328 worth of Watford stock and bought 201,347 units worth $4,325,108 . The most active insiders traders include Nicolas Papadopoulo, Maamoun Rajeh, and Capital Group Ltd.Arch Rein.... On average, Watford executives and independent directors trade stock every 16 days with the average trade being worth of $439,727. The most recent stock trade was executed by Alexandre Scherer on 26 April 2021, trading 4,712 units of WTREP stock currently worth $118,224.



What does Watford do?

Watford Holdings Ltd., together with its subsidiaries, operates as a property, casualty, and mortgage insurance and reinsurance company worldwide. The company offers casualty reinsurance products, such as executive assurance, medical malpractice liability, other professional liability, workers' compensation, umbrella liability; other specialty reinsurance, including personal and commercial automobile, mortgage, surety, accident and health, workers' compensation catastrophe, agriculture and marine, and aviation; and property catastrophe reinsurance, as well as other insurance programs comprising general liability, umbrella liability, professional liability, personal and commercial automobile, and inland marine and property business with minimal catastrophe exposure. The company was founded in 2013 and is headquartered in Pembroke, Bermuda.



What does Watford's logo look like?

Watford Holdings Ltd. logo

Complete history of Mr. Richardson stock trades at Watford

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
1 Mar 2021 Laurence B. Ii Richardson
Chief Operating Officer
Option 1,269 $25.38 $32,207
1 Mar 2021
20,731
26 Apr 2020 Laurence B. Ii Richardson
Chief Operating Officer
Option 16,962 $23.99 $406,918
26 Apr 2020
19,462


Watford executives and stock owners

Watford executives and other stock owners filed with the SEC include: