THE BUSINESS INSURANCE DIRECTORY OF INTERNATIONAL PROPERTY/CASUALTY INSURERS: A
Posted On: Oct. 4, 1998 12:00 AM CSTAIU
70 Pine St., New York, N.Y. 10270; 212-770-7000; fax: 212-770-6786
www.aig.com
1997 1996
Int'l premiums $6,756,000,000 $6,669,000,000
Offices: Claims 167 167
Underwriting 290 314
Employees 10,557 9,450
U.S. 853 834
Non-U.S. 9,704 8,616
Underwriting in foreign countries 78 76
Owned offices in foreign countries 72 70
Combined ratio 87.8% 89.6%
Intl. P/C operations began: 1919.
Parent: American International Group Inc.
Services: Captive programs; loss control services for all major lines; retrospectively rated programs; statistics in support of international programs for all major lines.
Licensed or accepted insurer in: Argentina, Australia, Austria, Bahrain, Belgium, Bermuda, Brazil, Bulgaria, Canada, Chile, China, Colombia, Cyprus, Czech Republic, Denmark, Ecuador, Finland, France, Germany, Greece, Guam, Guatemala, Honduras, Hong Kong, Hungary, Indonesia, Ireland, Israel, Italy, Jamaica, Japan, Kazakhstan, Kenya, Korea, Latvia, Luxembourg, Macau, Malaysia, Malta, Mexico, Netherlands, Netherlands Antilles, New Zealand, Norway, Pakistan, Panama, Papua New Guinea, Paraguay, Philippines, Poland, Portugal, Puerto Rico, Romania, Russia, Saipan, Saudi Arabia, Singapore, Slovakia, South Africa, Spain, Sweden, Switzerland, Taiwan, Thailand, Trinidad, Turkey, Uganda, Ukraine, United Kingdom, Uruguay, Uzbekistan, Venezuela, Zimbabwe.
Affiliates/fronting arrangements: Bolivia, Egypt, Estonia, Latvia, Lithuania, Nigeria, Peru.
Officers: Robert Sandler, chairman; Martin Sullivan, president; Hamilton Da Silva, executive vp; Roger Day, senior vp-claims; Nicholas Tyler, senior vp-finance; Edward Cloonan, vp-external affairs; Humbert Armellino, president-energy division; Julio Portalatin, president-personal lines division; Joseph Smentana, president-commercial lines division; Kevin Hogan, president-accident/health division.
U.S. contact: Edward Cloonan, 212-770-6114.
Allendale Insurance
P.O. Box 7500, Johnston, R.I. 02919; 401-275-3000; fax: 401-275-3029
www.allendale.com
1997 1996
Int'l premiums* $225,000,000 $231,000,000
U.S. 35% 36%
Non-U.S. 65% 64%
Offices: Claims** NA NA
Underwriting** NA NA
Employees 159 168
U.S. 2 2
Non-U.S. 157 166
Underwriting in foreign countries 65 64
Owned offices in foreign countries 7 7
Combined ratio 103% 107%
* Reflects premiums earned. ** See FM Insurance Co. listing.
Intl. P/C operations began: 1963.
Parent: Allendale Mutual Insurance Co.
Specialties: Industrial, commercial and institutional property.
Services: Captive programs; loss control services for industrial, commercial and institutional property; retrospectively rated programs; statistics in support of international programs for industrial, commercial and institutional property.
Licensed or accepted insurer in: Canada, United States.
Affiliates/fronting arrangements: Mexico; service through FM Insurance Co. Ltd. in other locations; see FM Insurance Co. Ltd. listing for specific countries.
Officers: Daniel W. Schaffer, managing director-Allendale Ltd.; Michel L. Millescamps, vp-international operations, Allendale Ltd.
U.S. contact: Michel Turner, vp-marketing.
Allendale Mutual Insurance Co., Arkwright Mutual Insurance Co. and Protection Mutual Insurance Co. announced plans to merge into a single entity to be called Factory Mutual Insurance Co. effective Jan. 1, 1999.
Allianz A.G.
Koniginstrasse 28, 80802 Munich, Germany; 49/89/38-000; fax: 49/89/34-9941
www.allianz.de
1997 1996
Int'l premiums* $15,877,475,000 $16,689,505,000
U.S. 30% 33%
Non-U.S. 70% 67%
Employees NA NA
U.S.** 9,193 9,210
Underwriting in foreign countries 66 59
Combined ratio 105.4% 105.5%
* Converted at applicable exchange rates. ** Includes life and health.
Services: Captive programs; loss control services; retrospectively rated programs.
Licensed or accepted insurer in: Argentina, Austria, Belgium, Brazil, Canada, Germany, Chile, China, Czech Republic, Denmark, France, Germany, Greece, Hong Kong, Hungary, Indonesia, Ireland, Italy, Japan, Liechtenstein, Mexico, Namibia, Netherlands, Norway, Poland, Portugal, Russian Federation, Singapore, Slovakia, South Africa, Spain, Sweden, Switzerland, United States, Venezuela.
Officers: Henning Schulte-Noelle, chairman; Diethart Breipohl, chief investment officer; Helmut Perlet, CFO; Detlev Bremkamp, representative-Europe; Reiner Hagemann, personnel director; Gerhard Rupprecht, life-Germany.
U.S. contact: John Kozero, 415-899-2000.
*** Includes countries in which Allianz A.G. has affiliates or fronting arrangements.
Arkwright Mutual Insurance Co.
225 Wyman St., Waltham, Mass. 02454; 781-890-9300; fax: 781-890-0075
www.arkwright.com
1997 1996
Int'l premiums $104,448,000 $109,613,000
U.S. 52% 58%
Non-U.S. 48% 42%
Offices: Claims 7 7
Underwriting 8 8
Employees 238 200
U.S. 157 121
Non-U.S. 81 79
Underwriting in foreign countries 66 62
Owned offices in foreign countries 4 4
Combined ratio 162% 84%
Intl. P/C operations began: 1963.
Parent: Arkwright Mutual Insurance Co.
Specialties: Property damage, business interruption, boiler and machinery, fidelity and crime, ocean cargo, inland marine.
Services: Captive programs; loss control services for property damage, business interruption and boiler and machinery; statistics in support of international programs for property damage, business interruption and boiler and machinery.
Licensed or accepted insurer in: Canada, United States.
Affiliates/fronting arrangements: Mexico; service through FM Insurance Co. Ltd. in other locations; see FM Insurance Co. Ltd. listing for specific countries.
Officers: W.J. Poutsiaka, president/CEO; Wolfgang Friedel, senior vp/COO; R.J.M. O'Hare, senior vp/secretary/general counsel; Michael D. Bank, senior vp-investment; Klaus A. Gebhardt, senior vp/chief underwriting officer.
U.S. contact: Wolfgang Friedel, ext. 7180.
Allendale Mutual Insurance Co., Arkwright Mutual Insurance Co. and Protection Mutual Insurance Co. announced plans to merge into a single entity to be called Factory Mutual Insurance Co. effective Jan. 1, 1999.
AXA
9, Place Vendome, 75001 Paris, France; 33-1-40-75-5700; fax: 33-1-40-75
Services: Captive programs; loss control services; retrospectively rated programs; statistics in support of international programs.
Licensed or accepted insurer in: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, France, Germany, Greece, Hong Kong, Italy, Japan, Luxembourg, Malaysia, Portugal, Singapore, Spain, Switzerland, Taiwan, Turkey, United Kingdom, Uruguay.
Affiliates/fronting arrangements: Colombia, Mexico, United States, Venezuela.
Officers: Claude Bebear, chairman-executive board; Donald Brydon, Henri de Castries, John Chalsty, Francoise Colloch, Mark Wood, Claas Kleyboldt, Gerard de la Martiniere, Ed Miller, Jean-Louis Meunier, Michel Pinault, Claude Tendil, Dave Williams, members-executive board.
U.S. contact: Terry Little, 212-314-3113.