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Member, Beacon International Group, Ltd.
B
Bavarian Re
Sederanger 4-6, Munich D-80526, Germany; 49/89-0; fax: 49/89/3844-2279
1995* 1994*
Prem. written $1,648,040,674 $1,191,245,736
Prem. earned $1,641,732,854 $1,139,381,807
Capital/surplus $762,169,244 $459,843,701
Net income $55,840,000 NA
Losses $1,117,213,913 $827,487,229
Loss ratio 68% 72.6%
Expenses $487,538,764 $300,217,850
Expense ratio 29.6% 25.2%
Combined ratio 97.6% 97.8%
* Fiscal years ending 12/31/95 and 12/31/94.
Founded: 1911.
Parent: Swiss Reinsurance Co.
Employees**: 384.
***Reflects year-end 1995.
Information for Bavarian Re is included in the consolidated Swiss Re Group listing.
Berkshire Hathaway Group
100 First Stamford Place, Stamford, Conn. 06902; 203-363-5200;
fax: 203-363-5221
1996 1995
Prem. written $715,500,000 $777,000,000
Prem. earned $757,500,000 $717,600,000
Capital/surplus $26,079,600 $19,400,900
Losses $572,900,000 $522,000,000
Loss ratio 75.6% 72.7%
Expenses $192,400,000 $216,600,000
Expense ratio 26.9% 27.9%
Combined ratio 102.5% 100.6%
Treaty 97% 97%
Facultative 3% 3%
Domestic 75% 75%
Foreign 25% 25%
All figures are GAAP, except capital and surplus, which is statutory.
Founded: 1969.
Parent: Berkshire Hathaway Inc.
Subsidiaries: Columbia Insurance Co., National Fire & Marine Insurance Co.; National Indemnity Co.
Employees: 14.
Locations: One domestic, one foreign.
Specialties: Property catastrophe, property facultative, finite risk, marine and aviation excess of loss, limited pro rata.
Officers: Ajit Jain, president; Scott R. Doerr, vp; Thomas Bolt, European operations; R. Scott Stirling, Brian Garrison, Brain Snover, assistant vps.
Contact: Scott R. Doerr, 203-363-5207.