BI ANNUAL DIRECTORY OF INTERNATIONAL PROPERTY/CASUALTY INSURERS

S

The St. Paul Group

385 Washington St., St. Paul, Minn. 55102-1396; 612-310-7911; fax: 612-310-7318

1996 1995

Int'l premiums $337,000,000 $334,000,000

U.S. 13% 11%

Non-U.S. 87% 89%

Offices: Claims 15 11

Underwriting 15 11

Employees 633 519

U.S. 26 25

Non-U.S. 607 494

Underwriting in foreign countries 43 42

Foreign countries-owned offices 7 5

Combined ratio 108% 109%Intl. P/C operations began: 1988.

Parent: The St. Paul Cos. Inc.

Specialties: Home-foreign and reverse-flow business for multinational corporations, individual industry groups, construction, medical services, financial and professional services, public sector, technology, ocean marine and surety.

Licensed or accepted insurer in: Argentina, Canada, France, Ireland, Netherlands, South Africa, Spain, United Kingdom, United States.

Affiliates/fronting arrangements: Argentina, Australia, Austria, Belgium, Bermuda, Botswana, Brazil, Canada, Chile, Colombia, Cyprus, Denmark, Ecuador, Fiji, Finland, France, Germany, Ghana, Greece, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Japan, Kenya, Korea, Lesotho, Luxembourg, Malaysia, Mexico, Netherlands, Netherlands Antilles, New Zealand, Nigeria, Norway, Oman, Panama, Papua-New Guinea, Peru, Philippines, Portugal, Romania, Russia, Saudi Arabia, Sierra Leone, Singapore, South Africa, Spain, Sri Lanka, Suriname, Sweden, Switzerland, Taiwan, Thailand, Trinidad, Tunisia, Turkey, United Arab Emirates, United Kingdom, Venezuela.

Officers: Douglas W. Leatherdale, chaiman/president/CEO-The St. Paul Cos.; Patrick A. Thiele, president/CEO-worldwide insurance operations; Paul J. Liska, executive vp/CFO; Mark L. Pabst, president/COO-international underwriting-The St. Paul Cos.; Kent D. Urness, president/CEO, St. Paul International Insurance Co. Ltd.

U.S. contact: Joan Palm, senior manager-corporate communications, 612-310-2685.