ANNUAL BI DIRECTORY OF RENT-A-CAPTIVES (R)
Posted On: May. 18, 1997 12:00 AM CSTR
Richmond Insurance Co. Ltd.
American International Management Services (Bermuda & Barbados), P.O. Box HM 152, Hamilton, Bermuda; 441-295-2121
Domicile: Barbados, Bermuda, Ireland.
Risks: All classes.
Limits: Various.
Programs: Fully funded, traditional.
Policy form: Claims-made, occurrence.
Access: All brokers, direct.
Established: 1986.
Requirements: $1 million minimum premium.
Fronting insurers: National Union (American International Group Inc.).
Premium volume: $136 million in 1996; $150 million estimated in 1997.
1996 assets: $901 million.
1996 capital/surplus: $41.5 million.
Policyholders: 88 in 1996; 95 estimated in 1997.
Membership: Various.
Contact: Ralph Rathjen.