ANNUAL BI DIRECTORY OF RENT-A-CAPTIVES
Posted On: May. 18, 1997 12:00 AM CSTH
Hanseatic Insurance 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: 1970.
Premium volume: $5.5 million in 1996; $7 million estimated in 1997.
1996 assets: $5 million.
1996 capital/surplus: $300,000.
Policyholders: 10 in 1996; 12 estimated in 1997.
Membership: Various.
Contact: Colin James or Richard Witkowski.
Hartford Insurance Ltd.
Hartford Holdings Ltd. (Fencourt Re), The Hartford, Hartford Plaza T-14, Hartford, Conn. 06115; 860-547-2457
Domicile: Bermuda.
Risks: Workers compensation, general and auto liability, property, livestock.
Limits: Various.
Programs: Fully funded, traditional.
Policy form: Claims-made, occurrence.
Access: All brokers, direct.
Established: December 1996.
Requirements: $500,000 minimum premium (generally).
Fronting insurers: Hartford Fire and affiliates.
Premium volume: $115,000 in 1996; $5 to $10 million estimated in 1997.
1996 assets: $1.4 million.
1996 capital/surplus: $1.3 million.
Policyholders: One in 1996; six estimated in 1997.
Contact: C. Robert Burns Jr.
Horizon Fire & Marine Insurance Co. Ltd.
Triangle Insurance Management Ltd., The Phoenix Building, 2 Reid St., Hamilton HM 11, Bermuda; 441-292-4364
Domicile: Bermuda.
Risks: Various.
Limits: Various.
Programs: Fully funded, traditional.
Policy form: Claims-made, occurrence.
Requirements: Minimum fee.
Access: All brokers, direct.
1996 assets: $1.2 million.
1996 capital/surplus: $875,000.
Policyholders: Three in 1996; 12 estimated in 1997.
Membership: Various.
Contact: Bruce Fenton or Janice Witkowski.