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Member, Beacon International Group, Ltd.
T
Terra Insurance Co.
(A Risk Retention Group)
Vermont Insurance Management Inc., P.O. Box 306, Montpelier,
Vt. 05601; 802-229-5042
Domicile: Vermont.
Risks: Professional liability.
Limits: $1 million per occurrence/$1 million aggregate; $1 million excess of $1 million.
Minimum retention: $25,000 deductible.
Policy form: Claims-made.
Access: Direct.
First policy: April 1988.
1996 premium volume: $6.1 million.
1996 assets: $25.7 million.
1996 capital/surplus: $11.7 million.
Policyholders: 86 in 1996; 85 estimated in 1997.
Membership: Assn. of Soil & Foundation Engineers.
Contact: Andrew Sargeant.
TOPS Insurance Ltd.
Oil Management Services Ltd.,
Ace Building, 30 Woodbourne Ave., Pembroke, Bermuda HM 08; 441-295-0905
Domicile: Bermuda.
Risks: Total loss property coverage for fixed offshore production facilities.
Limits: $70 million.
Policy form: Occurrence.
Access: Direct.
First policy: January 1993.
1996 premium volume: $7.7 million.
1996 assets: $100.8 million.
1996 capital/surplus: $86.7 million.
Policyholders: 16 in 1996; 16 estimated in 1997.
Membership: Petroleum industry.
Contact: Jon R. King.
Tortuga Casualty Co.
International Risk Management (Cayman) Ltd., British American Tower, P.O. Box 69, Cayman Islands B.W.I.; 345-949-0155
Domicile: Cayman Islands.
Risks: Excess liability.
Limits: $50 million excess of $25 million.
Policy form: Claims-made.
Access: All brokers, Bermuda brokers, direct.
First policy: January 1986.
1996 premium volume: $4.7 million.
1996 assets: $138 million.
1996 capital/surplus: $11.5 million.
Policyholders: 17 in 1996; 18 estimated in 1997.
Membership: Various.
Contact: John R. Lower.