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BUSINESS INSURANCE DIRECTORY OF WORLDWIDE REINSURERS: Y-Z

Reprints

The 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.