BUSINESS INSURANCE DIRECTORY OF WORLDWIDE REINSURERS: K-L
Posted On: Aug. 30, 1998 12:00 AM CSTKemper Reinsurance Cos.
1 Kemper Drive, Long Grove, Ill. 60049; 847-320-2600; fax: 847-320-2014
www.kemperre.com
1997 1996
Prem. written $807,054,824 $726,972,703
Prem. earned $748,409,691 $700,390,775
Capital/surplus $529,664,559 $512,036,130
Net income $52,888,126 $(228,256,761)*
Losses $560,224,141 $845,835,882*
Loss ratio 74.9% 120.8%*
Expenses $246,812,642 $195,416,756
Expense ratio 33% 27.9%
Combined ratio 107.9% 148.7%*
Treaty 95% 94%
Facultative 5% 6%
Domestic 78% 72%
Foreign 22% 28%
Non-life 100% 100%
* Reflects $300 million addition to environmental and asbestos reserves.
Founded: 1969.
Parent: Lumbermens Mutual Casualty Co.
Subsidiaries: Kemper Europe Reassurances S.A.; Kemper Reinsurance (Bermuda) Ltd.; Kemper Reinsurance London Ltd.
Employees: 295.
Locations: Two domestic, seven foreign.
Officers: Michael R. Pinter, chairman/CEO; James R. Miller, president/COO; William E. Flaherty, executive vp/CFO; Jeffrey J. Cooper, Philippe A. Guyot, executive vps.
Contact: William E. Flaherty, 847-320-4457.
L
LaSalle Re Holdings Ltd.
Continental Building, 25 Church St., Hamilton HM 11, Bermuda; 441-292-3339; fax: 441-292-1501
www.lasallere.com
1997* 1996*
Prem. written $163,693,000 $190,151,000
Prem. earned $163,933,000 $195,141,000
Capital/surplus $518,551,000 $486,918,000
Net income $97,077,000 $81,485,000
Losses $31,199,000 $51,477,000
Loss ratio 19% 26.4%
Expenses $26,081,000 $27,268,000
Expense ratio 15.9% 14%
Combined ratio 34.9% 40.4%
Treaty 100% 100%
Foreign 100% 100%
Non-life 100% 100%
* Fiscal years ending 9/30/97 and 9/30/96.
Founded: 1995.
Subsidiaries: LaSalle Re Ltd.
Employees: 34.
Locations: One domestic, one foreign.
Specialties: Property catastrophe and high-severity, low-frequency attachment points for other lines of business.
Officers: Victor H. Blake, chairman/president/CEO; Guy Hengesbaugh, executive vp/COO; Andrew D. Cook, senior vp/CFO; Rob Lee Womack Jr., senior vp-underwriting; Donna Tilden, assistant vp.
Contact: Donna Tilden.
Lincoln Re
1 Reinsurance Place, 1700 Magnavox Way, Fort Wayne, Ind. 46804; 219-455-3211; fax: 219-455-9032
www.lnrc.com
1997 1996
Prem. written $1,335,300,000 $2,138,500,000
Prem. earned $1,371,100,000 $2,106,600,000
Capital/surplus $795,900,000 $620,400,000
Net income ($74,500,000) $92,900,000
Domestic 67.6% 75.8%
Foreign 32.4% 24.2%
Life 100% 100%
Founded: 1905.
Parent: Lincoln National Corp.
Subsidiaries: Lincoln National Health & Casualty Co.; The Lincoln National Life Insurance Co.; Lincoln National Reassurance Co.; Lincoln National Reinsurance Co. (Barbados); Lincoln National Reinsurance Co. (Bermuda); Old Fort Bermuda.
Locations: Six domestic, 12 foreign.
Specialties: Individual and group life/health reinsurance, financial reinsurance on a global basis.
Officers: Lawrence Thomas Rowland, president; William King Tyler, senior vp/CFO; Kenneth James Clark, senior vp-financial reinsurance; Timothy James Alford, senior vp-group markets; David A. Hopper, senior vp-individual markets.
Contact: James C. Weide, assistant vp-strategic planning, 219-455-3186.
London Reinsurance Group
1 London Place, 255 Queens Ave., Suite 303, London, Ontario N6A 5R8, Canada; 519-432-5281; fax: 519-432-6883
www.lrg.com
1997 1996
Prem. written $1,317,866,400 $740,652,520
Prem. earned $1,289,347,200 $710,326,844
Capital/surplus $450,807,840 $408,804,362
Net income $44,292,960 $42,293,367
Foreign 100% 100%
Life 68% 43%
Non-life 32% 57%
Founded: 1991.
Parent: London Life Insurance Co.
Subsidiaries: London Life & Casualty Reinsurance Corp., Wildey, Barbados; London Life & General Reinsurance Co. Ltd., Dublin, Ireland; London Life International Reinsurance Corp., Wildey, Barbados; London Life Reinsurance Co., Philadelphia; Shippan International Insurance Co. Ltd., Wildey, Barbados.
Employees: 62.
Locations: One domestic, three foreign.
Specialties: Life, property, casualty, annuity, accident and health.
Officers: Gregory E. Morrison, president/CEO-London Reinsurance Group; John F. Cartwright, president-London Life & Casualty Reinsurance Corp.; Monica M. Hainer, president-London Life Reinsurance Co.; Gabriel R. Kelly, managing director-London Life & General Reinsurance Co. Ltd.
Contact: Monica M. Hainer, 212-542-7200.