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

I

The IPC Cos.*

P.O. Box 2064, Hamilton HM HX, Bermuda; 441-295-5688

Domicile: Various.

Self-managed.

Risks: Various, primarily workers compensation.

Limits: $250,000 per occurrence/$500,000 aggregate (generally).

Programs: Fully funded, traditional.

Policy form: Claims-made, occurrence.

Access: All brokers, direct, Commonwealth Risk Services.

Established: 1979.

Requirements: $750,000 minimum premium (generally).

Fronting insurers: Legion Insurance Co.

Premium volume: $161.8 million in 1996.

1996 assets: $707.3 million.

1996 capital/surplus: $189.4 million.

Policyholders: 450.

Membership: Various, including manufacturing, health care, trucking and sports teams.

Contact: Paul Watson.

**Consolidated, includes Mutual Indemnity Ltd., Mutual Indemnity (Bermuda) Ltd. and Mutual Indemnity (U.S.) Ltd.

Isosceles Insurance 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.

Access: All brokers, direct.

Established: In formation.

Requirements: Minimum fee.

Policyholders: Ten estimated in 1997.

Contact: Bruce Fenton or Janice Witkowski.