BUSINESS INSURANCE DIRECTORY OF WORLDWIDE REINSURERS: Y-Z
Posted On: Aug. 30, 1998 12:00 AM CSTThe Yasuda Fire & Marine Insurance Co. Ltd.
26-1, Nishi-Shinjuku, 1-chome, Shinjuku-ku, Tokyo 160-8338, Japan; 81-3-3349-3970; fax: 81-3-5322-6013
www.yasuda.co.jp
1997* 1996*
Prem. written $628,298,386 $739,035,227
Capital/surplus $2,082,104,000 $2,283,822,000
Net income $105,896,000 $110,439,000
Domestic 82.24% 87.40%
Foreign 17.76% 12.60%
Non-life 100% 100%
* Fiscal years ending 3/31/98 and 3/31/97.
Founded: 1888.
Subsidiaries: Yasuda Re (Hong Kong). Figures from this subsidiary are not included in the figures above.
Employees: 78.
Locations: One domestic, three foreign.
Officers: Yasuo Goto, chairman; Koichi Ariyoshi, president; Masao Miyakawa, Tatsuro Fukushima, Shiro Tsuchiya, senior executive managing directors.
Z
Zurich Group--Reinsurance
Mythenquai 2, Zurich 8002, Switzerland; 41-1-205-2121; fax: 41-1-205-3555
www.zurich.com
1997 1996*
Prem. written $2,724,306,000 $2,786,105,000
Prem. earned $2,785,627,000 $2,579,220,000
Net income** $197,054,000 $122,360,000
Losses $1,853,410,000 $1,766,170,000
Loss ratio 67% 68.5%
Expenses $1,015,586,000 $851,690,000
Expense ratio 36.5% 33%
Combined ratio 103.5% 101.5%
* Restated. ** Pre-tax.
Founded: 1873.
Subsidiaries: Centre Solutions; Zurich Centre; Zurich Re, Cologne; Zurich Re, London; Zurich Re, North America; Zurich Re, Zurich.
Parent: Zurich Insurance Co.
Employees: 1,000.