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ANNUAL BI DIRECTORY OF RENT-A-CAPTIVES (R)

Posted On: May. 18, 1997 12:00 AM CST

R

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.