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Financial Institutions Reserve Risk Retention Group Inc.
J&H Marsh & McLennan Inc., 191 Peachtree St. N.E., Atlanta, Ga. 30303; 404-586-8224
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.
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
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.