Primus Guaranty, Ltd., through its principal subsidiary, Primus Financial Products, LLC, sells credit protection against investment grade credit obligations of corporate and sovereign entities. The company, through Primus Asset Management, Inc., manages the credit swap portfolios; and through Primus Re, Ltd., operates as a financial guaranty insurance company. In addition, the company invests in short-term government securities, money-market instruments, and other investment grade securities. Primus Guaranty was incorporated in 1998 and is headquartered in Hamilton, Bermuda.
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