CAPTIVE REPORT: COLORADO, LARGEST MANAGERS OF COLORADO CAPTIVES

Largest managers of Colorado captives

Premium volume in millions of dollarsManager Premium volume Captives Staff

1996 1995 1996 1995 1996 1995

Alternative Insurance $22.3 $23.4 4 4 7 9

Management Services

Inc.

RiskCap 21.9 21.6 4 4 18 15

Aon Risk Services 15.0 15.2 1 1 1 1

Johnson & Higgins 19.3 2.5 2 2 1 1

Services Inc.

Source: Annual statements filed with the Colorado Division of Insurance and Business Insurance questionnaires and interviews.