BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe




Financial Institutions Reserve Risk Retention Group Inc.

J&H Marsh & McLennan Inc., 191 Peachtree St. N.E., Atlanta, Ga. 30303; 404-586-8224

Domicile: Vermont.

Risks: D&O liability.

Limits: $20 million primary and/or $20 million excess of any amount.

Minimum retention: $1 million per claim.

Policy form: Claims-made.

Access: Direct.

First policy: July 1988.

1996 premium volume: $283,000.

1996 assets: $118.7 million.

1996 capital/surplus: $63.7 million.

Policyholders: 14 in 1996; 14 estimated in 1997.

Membership: Bank holding companies.

Contact: Glen Bailey.

Forest Insurance Ltd.

International Risk Management (Bermuda) Ltd., Belvedere Building, P.O. Box HM 600, Hamilton HM CX, Bermuda; 441-295-0713

Domicile: Bermuda.

Risks: Umbrella liability.

Limits: Maximum capacity: $10 million per occurrence/$10 million aggregate.

Policy form: Claims-made, occurrence.

Access: Must be captive insurance company related business.

First policy: January 1980.

1996 premium volume: $1.1 million.

1996 assets: $7.8 million.

1996 capital/surplus: $4.2 million.

Policyholders: Five in 1996; five estimated in 1997.

Membership: Forest products industry.

Contact: John R. English.