Assicurazioni Generali S.p.A.

Piazza Duca Degli Abruzzi 2,

34132 Trieste, Italy; 39/40/671-111;

fax: 39/40/671-600

www.generali.com

1997 1996

Int'l premiums* $14,357,152,000 $12,974,258,000

* Converted at applicable exchange rates.

Intl. P/C operations began: 1831.

Specialties: All classes, including technology, space, aviation and package policies for corporate clients.

Services: Captive programs; loss control services for industrial and technological risks; retrospectively rated programs; statistics in support of international programs for fire and motor, multinational accounts, industrial and technological risks.

Licensed or accepted insurer in: Argentina, Austria, Belgium, Canada, Colombia, Denmark, Dubai, France, Germany, Ireland, Israel, Lebanon, Malta, Mexico, Netherlands, Panama, Peru, Portugal, Singapore, Spain, United Kingdom, United States.

Affiliates/fronting arrangements: Finland (Tapoila), Russia (Ingosstrakh), United States (CNA).

Officers: Antoine Bernheim, president; Gianfranco Gutty, vp/managing director; Fabio Cerchiai, managing director; Benito Rocco, general manager; Benito Pagnanelli, deputy general manager.

U.S. contact: Riccardo Nicolini, president/CEO-Generali U.S. branch; 212-602-7600.

Gerling Insurance Group

Gereonshof, 50597 Cologne, Germany; 49-221-144; 49-221-3319

1997 1996

Int'l premiums* $1,193,700,000 $1,091,930,000

Offices: Claims 114 90

Employees 9,310 9,269

Underwriting in foreign countries 33 30

Owned offices in foreign countries 32 29

* Converted at applicable exchange rates.

Intl. P/C operations began: 1955.

Parent: Gerling-Konzern Versicherungs-Beteiligungs-Aktiengesellschaft.

Specialties: Industrial and commercial risks.

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, Barbados, Canada, China, Czech Republic, Denmark, France, Germany, Greece, Hong Kong, Hungary, Italy, Japan, Luxembourg, Malaysia, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Slovakia, South Africa, Spain, Sweden, Switzerland, United Kingdom, United States.

Affiliates/fronting arrangements: Brazil (Gerling Sul America), Luxembourg (Lux Life).

Officers: Jurgen Zech, chairman; Thomas Reineke, deputy chairman; Jochen Aymanns, Michael Dill, Uwe-Volker Bilitza, Norbert Strohschen.

U.S. contact: Peter Noack, president-Gerling American Insurance Co.; 14th Floor, 717 Fifth Ave., New York, N.Y. 10022; 212-756-2601.