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Member, Beacon International Group, Ltd.
Underwriters Reinsurance Co.
26050 Mureau Road, Calabasas, Calif. 91302; 818-878-9500; fax: 818-878-9535
1997 1996
Prem. written $368,998,626 $334,988,890
Prem. earned $342,675,623 $325,149,729
Capital/surplus $659,353,792 $613,807,498
Net income $33,179,727 $24,394,896
Losses $248,168,426 $235,225,108
Loss ratio 72.4% 72.3%
Expenses $109,761,727 $100,462,250
Expense ratio 32% 30.9%
Combined ratio 104.4% 103.2%
Treaty 95% 94%
Facultative 5% 6%
Domestic 85% 85%
Foreign 15% 15%
Non-life 100% 100%
Founded: 1977.
Parent: Alleghany Corp.
Locations: Six domestic, three foreign.
Officers: Steven H. Newman, CEO; Russell T. John, president/COO; Stephen C. Kolakowski, senior vp/CFO; Todd J. Hess, senior vp/chief actuary; Denise A. Coleman, F. Paul Japp, senior vps; Stuart M. de Haaff, general counsel/vp/secretary.
Contact: Stephen C. Kolakowski.
USF Re Insurance Co.
650 Town Center Drive, Suite 1600, Costa Mesa, Calif. 92626; 714-549-1600; fax: 714-556-0919
1997 1996
Prem. written $139,000,000 $108,800,000
Prem. earned $134,000,000 $105,500,000
Capital/surplus $112,600,000 $109,900,000
Net income $7,100,000 $7,800,000
Losses $105,000,000 $75,000,000
Loss ratio 78.5% 71.2%
Expenses $36,300,000 $28,500,000
Expense ratio 27.1% 27.1%
Combined ratio 105.6% 98.3%
Treaty 84% 90%
Facultative 16% 10%
Domestic 100% 100%
Non-life 100% 100%
Founded: 1987.
Parent: The Centris Group Inc.
Employees: 40.
Locations: Two domestic.
Specialties: Medical stop-loss, buffer/working layer covers, international treaties.
Officers: David L. Cargile, chairman; John T. Grush, president; Jose A. Velasco, secretary; Charles M. Caporale, treasurer; Curtis A. Gabbard, executive vp.
Contact: Curtis A. Gabbard.