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

U

Universal International Reinsurance Co. Ltd.

Atlantic Security Ltd., P.O. Box HM 2078, Hamilton, Bermuda; 441-295-5425

Domicile: Bermuda.

Risks: All classes.

Limits: Various.

Programs: Fully funded, traditional.

Policy form: Claims-made.

Access: All brokers.

Established: 1992.

Premium volume: $15 million in 1996; $20 million estimated in 1997.

1996 assets: $50,000.

1996 capital/surplus: $250,000.

Policyholders: 15 in 1996; 20 estimated in 1997.

Membership: Various.

Contact: Colin James or Richard Witkowski.

Universal

Re-Insurance Co. Ltd.

Atlantic Security Ltd., Windsor Place, 18 Queen St., Hamilton HM 11, Bermuda; 441-295-5425

Domicile: Bermuda.

Risks: Property, casualty, benefits.

Limits: Negotiable primary, $1 million excess of $250,000.

Programs: Fully funded, traditional.

Policy form: Claims-made, occurrence.

Access: Bermuda brokers.

Established: 1974.

Requirements: $1 million fronted, $250,000 direct.

Premium volume: $27 million in 1996; $29 million estimated in 1997.

1996 assets: $55 million.

1996 capital/surplus: $570,000.

Policyholders: 30 in 1996; 35 estimated in 1997.

Membership: Various.

Contact: Hal Forkush, Colin James or Richard Witkowski.