ANNUAL DIRECTORY OF REINSURANCE INTERMEDIARIES (I.J)

I

Innovative Reinsurance Group

1 Penn Square W., Suite 800, Philadelphia, Pa. 19102; 215-564-1511; fax: 215-564-1235

1996 1995

Premium volume $36,000,000 $34,000,000

% Treaty 99% 99%

% Facultative 1% 1%

Gross revenues $1,400,000 $1,300,000

Total employees 13 13

Treaty 12 12

Facultative 1 1

Reinsurance brokering began: 1993.

Specialties: Medical, disability, AD&D, group life, mortality stop-loss.

Conducts business: United States.

Officers: Thomas F. Conners, president; Stuart B. Grodanz, Christopher J. Pfeifer, vps.

Contact: Thomas F. Conners.

International Brokerage Services Inc.

322 Stonecrest Court, Chesterfield, Mo. 63017; 314-469-8582; fax: 314-453-0967

1996 1995

Premium volume NA* NA

% Treaty 98% NA

% Facultative 2% NA

Gross revenues NA* NA

Total employees 2 NA

Treaty 2 NA

Facultative 1 NA

*Reinsurance brokering began 9/3/96.

Reinsurance brokering began: 1996.

Specialties: Medicare risk plans; private labeled health plans; retiree medical; HMO/POS plans.

Conducts business: United States.

Contact: Woody Sprouse, president.

J

Jardine Lloyd Thompson Reinsurance Holdings Inc.

Jardine House, 6 Crutched Friars, London EC3N 2HT, England; 44-171-528-4444; fax: 44-171-528-4008

1996* 1995

Premium volume $1,170,000,000 $887,625,000

% Treaty 96% 96%

% Facultative 4% 4%

Gross revenues $67,080,000 $48,918,000

Total employees 286 303

Treaty 281 296

Facultative 5 7

*Figures are pro forma estimates of combined reinsurance business of JIB Group P.L.C. and Lloyd Thompson Group P.L.C. 1995 figures are for Jardine Reinsurance Holdings Group only.

Parent: Jardine Lloyd Thompson Group P.L.C.

Subsidiaries: Intermediary Insurance Services Inc., San Francisco; Jardine Lloyd Thompson Reinsurance Ltd., London; Jardine Thompson Graham Asia Pte. Ltd., Singapore; Jardine Thompson Graham (Australia) Pty. Ltd., Sydney, Australia; Jardine Sayer & Co. Inc., Lawrenceville, N.J.

Acquisitions: Lloyd Thompson Group P.L.C., February 1997.

Specialties: Aviation, marine, all classes of excess of loss and proportional treaty.

Conducts business: Worldwide; primarily Asia, Australia, Europe, United Kingdom, United States.

Membership: Brokers & Reinsurance Markets Assn.

Officers: D.E. Corben, chairman/CEO; J.P. Marland, COO; M. Brookman, A.J. Gordon, J.D. Sayer.

Contact: D.E. Corben or P.J. Dransfield.

Jardine Sayer & Co. Inc.

Princeton Pike Corporate Center, 1009 Lenox Drive, P.O. Box 6400, Lawrenceville, N.J. 08648-0400; 609-896-0555; fax: 609-896-2666

1996 1995

Premium volume $368,000,000 $248,000,000

% Treaty 98% 99%

% Facultative 2% 1%

Gross revenues $9,500,000 $9,200,000

Total employees 34 29

Treaty 32 28

Facultative 2 1

Reinsurance brokering began: 1979.

Parent: Jardine Lloyd Thompson Reinsurance Holdings Ltd.

Branch offices: San Francisco.

Specialties: Property, accident/health, warranty specialty, automotive facultative, aviation.

Conducts business: United States.

Officers: John D. Sayer, president; John E. Januszewski Jr., COO/controller; Alfred H. Blanton, Richard D. Stary, Joseph A. Zaffarese, senior vps.

Contact: John E. Januszewski Jr.

Figures are included in consolidated information for Jardine Lloyd Thompson Reinsurance Holdings Inc.