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

May 18, 1997 Reprints

East River Insurance Co. (Bermuda) Ltd.

Continental Risk Services Ltd., Continental Building, 25 Church St., P.O. Box HM 824, Hamilton HM CX, Bermuda; 441-295-6015

Domicile: Bermuda.

Risks: Workers compensation; general, auto and professional liability.

Limits: Negotiable.

Programs: Fully funded, traditional.

Policy form: Claims-made, occurrence.

Access: All brokers, direct.

Established: 1986.

Requirements: $1 million minimum premium.

Fronting insurers: CNA Insurance Cos.

Premium volume: $43 million in 1996; 56 million estimated in 1997.

1996 assets: $770 million.

1996 capital/surplus: $90 million.

Policyholders: Eight in 1996; 14 estimated in 1997.

Membership: Various.

Contact: Thomas R. McMahon.

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

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