BI ANNUAL DIRECTORY OF INTERNATIONAL BENEFIT NETWORKS

A

AGRI Benefits Network

Waaistraat 6, B-3000 Leuven, Belgium; 32/16/24-31-61; fax: 32/16/24-30-24

1996 1995

Foreign counries 17 17

Offices 1 1Formed: 1987.

Member companies: ABB, Belgium; Agrotiki Life, Greece; Argosz Biztosito, Hungary; Assimoco Vita, Italy; Bonanca Vida, Portugal; Bundeslander, Austria; Cesko Rakouska Pojistovna, Czech Republic; Groupama, France; Groupama Iberica, Spain; Interpolis, Netherlands; Irish Life, Ireland; La Luxembourgeoise-Vie, Luxembourg; Lansforsakringar, Sweden; NFU Mutual, United Kingdom; RGA Seguros, Spain; R&V Versicherung, Germany; Raiffeisen-Versicherung, Austria; Tapiola, Finland; Vaudoise/Waadt, Switzerland.

Minimum requirements: 250 life years, two countries.

International dividends: Stop-loss system, loss carry-forward system, loss carry-forward system with contingency fund.

Officers: Johan Daemen, chairman; Herman Jacobs, secretary.

The AIG/Winterthur Alliance

American International Group Inc., Group Management Division, 80 Pine St., 13th Floor, New York, N.Y. 10005; 212-770-2200; fax: 212-785-0687

Winterthur Insurance, International Division, Gruzefeldstrasse 41, P.O. Box 286, CH-8401 Winterthur, Switzerland; 41/52/261-5343; fax: 41/52/261-5750

1996 1995

Int'l premiums NA NA

U.S. 45% 43%

Non-U.S. 55% 57%

Pension funds 6,268,000,000 5,040,000,000

Employees 726 618

U.S. 89 84

Non-U.S. 637 534

Lives covered 958,000 908,000

Master contracts 806 781

Foreign countries 155 145

Offices 123 116Formed: 1991.

Member companies: AFP Union, Chile; AFJP Previnter Internacional/International Retiro, Argentina; Afore Previnter, Mexico; AHICO, Hungary; AIA, Australia, China, Hong Kong, Indonesia, Malaysia, New Zealand, Singapore, Thailand; AIA Life, Canada; AIA/Calvo's Insurance Underwriters, Guam; AIG do Brazil, Brazil; AIG, India; AIG Life, Puerto Rico, Virgin Islands; AIG Life/A.I. Life, United States; AIG-Romania S.A., Romania; AIICO, Nigeria; AIU, Ecuador, Honduras; ALGICO, Trinidad and Tobago; ALICO, Anguilla, Antigua, Argentina, Aruba, Bahrain, Bangladesh, Barbados, Belize, Bermuda, Curacao, Cyprus, Dominica, Egypt, Greece, Grenada, Japan, Jordan, Kenya, Kuwait, Lebanon, Oman, Pakistan, Panama, Portugal, Qatar, Saudia Arabia, South Korea, Spain, St. Kitts, St. Lucia, St. Maarten, St. Vincent, Taiwan, Turkey, United Arab Emirates, United Kingdom, Uruguay; AMPLICO, Poland; AMSLICO, Slovakia; American Home Assurance Co., Honduras; American Life & General Insurance Co., Dominican Republic; Aseguradora Salvadorena, El Salvador; CLICO, Suriname; Colmena, Colombia; Compagnie D'Assurance D'Haiti S.A., Haiti; Europeia Seguros, Portugal; First American Czech Insurance Co., Czech Republic; GAMA, Brazil; Global Life Assurance, Bahamas, Cayman Islands; Gjensidige, Norway; Great West Life, Canada; La Interamericana, Chile, Colombia; Instituto Nacional de Seguros, Costa Rica; Interamericana Cia de Seguros Gerais, Brazil; Itau Winterthur, Brazil; Life of Jamaica, Jamaica; London Life, Canada; MLC, Australia; NALICO, Guyana; Nan Shan, Taiwan; New Ireland Life, Ireland; Norwich Life, South Africa; El Pacifico Vida, Peru; Philam Life/Philamcare, Philippines; RUS AIG, Russia; La Seguridad de CentroAmericana, Guatemala; Seguros Interamericana, Mexico; Seguros de Venezuela, Venezuela; Skandia, Sweden; Tapiola, Finland; Tryg-Baltica, Denmark; UAICO, Uzbekistan; Uganda American, Uganda; Union AFP, Peru; Unionvita, Italy; Winterthur, Austria, Belgium, Czech Republic, France, Germany, Hong Kong, Italy, Liechtenstein, Luxembourg, Netherlands, Spain, Switzerland, United Kingdom; Winterthur Life, Indonesia.

Minimum requirements: Two countries, $100,000 of annual premiums and 100 lives.

Business: 28% medical, 29% life, 5% accidental death, 3% short-term disability, 7% long-term disability, 28% other.

International dividends: Stop-loss system, loss carry-forward system, loss carry-forward system with contingency fund, loss free system, captive.

Officers: Willi Suter, president-international division-Winterthur Swiss Insurance Co.; Robert J. O'Connell, president/CEO-AIG Life Cos.; Urs Zwicky, senior vp-employee benefits-Winterthur Swiss Insurance; Greg Arms, senior vp-AIG Life Cos./director-group management division; Jim Long, vp/head of U.S. international employee benefits division; John Hamblet, director-multinational accounts.

U.S. contact: John Hamblet, 212-770-2244 or Jim Long, 212-416-5792.

Aetna/Generali International Benefits

1 Liberty Plaza, 37th Floor, New York, N.Y. 10006; 212-602-7634; fax: 212-587-9539

1996 1995

Int'l premiums NA NA

U.S. 60% 60%

Non-U.S. 40% 40%

Pension funds 850,000,000 850,000,000

Employees 96 94

U.S. 32 32

Non-U.S. 64 62

Lives covered 410,000 396,900

Master contracts 141 135

Foreign countries 45 45

Offices 11 8Formed: 1966.

Member companies: A/P Pension, Denmark; Aetna Inc., United States; Aetna Canada, Canada; Aetna Chile Vida S.A., Chile; Aetna Health New Zealand Ltd., New Zealand; Aetna Life Insurance Co. of America, Taiwan; Aetna Universal Insurance Co., Malaysia; Aetna Vida S.A., Argentina; Aseguradora General S.A., Guatemala; Cia. International de Seguros de Vida S.A., Panama; Clerical Medical Investment Group, United Kingdom; La Concorde, France; P.T. Danamon Aetna Life Insurance Co., Indonesia; La Federation Continentale, France; Le Foyer, Cie luxembourgeoise d'assurances, Luxembourg; East Asia Aetna/Blue Cross (Asia-Pacific) Insurance Co. Ltd., Hong Kong; Fortuna Holding, Switzerland; Assicurazioni Generali, China, Italy, Spain and United Kingdom; Generali-Allgemeine Lebensversicherung A.G., Austria; Generali Argentina, Argentina; Generali Belgium S.A., Belgium; Generali do Brasil, Brazil; Generali Budapest Insurance Co., Hungary; Generali Colombia, Colombia; Generali France S.A., France; Generali Krankenversicherung A.G.; Generali Levensversekering Mij, Netherlands; Generali Muenchener Lebensversicherung A.G., Germany; Generali Life A.E., Greece; Generali Peru, Peru; Generali Pjoistovna, Czech Republic, Slovakia; Generali Sigorta, Turkey; Generali Vida-Companhia De Seguros, Portugal; Gjensidige Forsikring, Norway; Insurance Corp. of Singapore, Singapore; Irish Life Assurance Co., Ireland; Kyobo Life Insurance Co. Ltd., South Korea; Ljubljanska Zavarovalnica, Slovenia; Migdal Insurance Co. Ltd., Israel; Mitsui Mutual Life Insurance Co., Japan; La Nacional, Cia. de Seguros, Ecuador; Prime S.p.A., Italy; The Prudential Assurance Co. New Zeland Ltd., New Zealand; The Prudential Corporation Australia Ltd., Australia; Rossiya Insurance Co., Russia; Seguros Monterrey Aetna S.A., Mexico; Seguros Nuevo Mundo S.A., Venezuela; Siam Life Insurance Co. Ltd., Thailand; Standard General Insurance Co., South Africa; Tapiola Insurance Group, Finland.

Minimum requirements: One country for network business, two countries and 100 lives for international pooling.

Business: 17% medical, 25% life, 2% accidental death, 5% short-term disability, 11% long-term disability, 40% pension/investment products.

International dividends: Stop-loss system, loss carry-forward system.

Officers: Gianni Ban, executive vp-Generali U.S.A.; Elaine B. McDonald, vp-Aetna International Inc.

U.S. contact: Doug Durdan, 860-872-7170 or Dave Bryan, 312-441-3077, regional managers.