K

Kemper International Corp.

500 W. Madison, Suite 1100, Chicago, Ill. 60661-2555; 312-559-2100; fax: 312-559-2131

www.kemperinternational.com

1997 1996

Int'l premiums $114,700,000 $115,000,000

U.S. 35% 31%

Non-U.S. 65% 69%

Offices: Claims 12 16

Underwriting 12 16

Underwriting in foreign countries 70 77

Owned offices in foreign countries 9 9

Intl. P/C operations began: 1969.

Parent: Lumbermens Mutual Casualty Co.

Specialties: Specialized small and middle market packages; industrial risks, including engineered loss prevention programs.

Services: Captive programs; loss control services for all lines; retrospectively rated programs; statistics in support of international programs for property/casualty.

Licensed or accepted insurer in: Australia, Belgium, Bermuda, France, Germany, Japan, Singapore, United Kingdom, United States.

Affiliates/fronting arrangements: Algeria, Antigua, Argentina, Australia, Austria, Bahamas, Bahrain, Barbados, Belgium, Bermuda, Brazil, Brunei, Cameroon, Canada, Cayman Islands, Central African Republic, Chile, China, Colombia, Comoros, Cook Island, Curacao, Cyprus, Denmark, Djibouti, Dominican Republic, Dubai, Ecuador, Egypt, El Salvador, Fiji, Finland, France, French Guiana, French Polynesia, Gabon, Germany, Gibraltar, Greece, Guadeloupe, Guam, Guatemala, Haiti, Honduras, Hong Kong, Indonesia, Ireland, Israel, Italy, Ivory Coast, Jamaica, Japan, Jordan, Kenya, Kuwait, Liechtenstein, Luxembourg, Malaysia, Malta, Martinique, Mexico, Monaco, Morocco, Netherlands, New Caledonia, New Zealand, Niger, Norway, Oman, Pakistan, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Portugal, Qatar, Reunion, Rwanda, Saudi Arabia, Senegal, Singapore, Solomon Islands, South Korea, Spain, Sudan, Suriname, Sweden, Switzerland, Tahiti, Taiwan, Thailand, Togo, Tonga, Trinidad and Tobago, Tunisia, Turkey, United Arab Emirates, United Kingdom, United States, Uruguay, Vanuatu, Venezuela, Virgin Islands, Western Samoa, Yemen.

Officers: Tarja Bentgarde-Childers, CEO; John Follansbee, senior vp-Asia; Lynn S. Abrams, executive director-risk management services; Ydhelio Espinosa, director-Latin American operations; Steve Schoenrock, manager-international services department.

U.S. contact: Tarja Bentegarde-Childers, 312-559-2103.

L

Liberty International Holdings

175 Berkely St., Boston, Mass. 02117; 617-357-9500; fax: 617-574-6635

1997 1996

Int'l premiums $1,080,569,000 $504,500,000

U.S. 3% 3%

Non-U.S. 97% 97%

Employees 2,601 2,339

U.S. 46 50

Non-U.S. 2,555 2,289

Owned offices in foreign countries 9 7

Combined ratio 102.5% 99.8%

Intl. P/C operations began: 1993.

Parent: Liberty Mutual Insurance Co.

Specialties: Workers compensation, personal automobile, specialty casualty.

Services: Captive programs; loss control services for all lines; retrospectively rated programs*; statistics in support of international programs*.

Licensed or accepted insurer in: Argentina, Bermuda, Brazil, Canada, Colombia, Japan, Mexico, United Kingdom, United States, Venezuela.

Affiliates/fronting arrangements*: Algeria, Argentina, Australia, Austria, Bahamas, Bahrain, Barbados, Belgium, Bermuda, Boliva, Brazil, Brunei, Bulgaria, Canada, Cayman Islands, Chile, China, Colombia, Cyprus, Czech Republic, Denmark, Djibouti, Dominican Republic, Ecuador, Egypt, El Salvador, Finland, France, Germany, Greece, Grenada, Grenadines, Guam, Guatemala, Guyana, Honduras, Hong Kong, Hungary, Indonesia, Ireland, Israel, Italy, Jamaica, Japan, Jordan, Kuwait, Laos, Lebanon, Malaysia, Mexico, Morocco, Netherlands, New Zealand, Nigeria, Norway, Oman, Panama, Peru, Philippines, Poland, Portugal, Puerto Rico, Qatar, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, St. Lucia, St. Vincent, Sudan, Sweden, Switzerland, Taiwan, Thailand, Trinidad and Tobago, Tunisia, Turkey, Turks and Caicos, United Arab Emirates, United Kingdom, U.S. Virgin Islands, Venezuela, Vietnam, Yemen.

Officers: Edmund F. Kelley, president/CEO-Liberty Mutual Insurance Co.; Thomas C. Ramey, president-Liberty International Holdings; David J. Skinner, CFO/senior vp-Liberty International Holdings; Gordon McBurney, chief underwriting officer/senior vp-Liberty International Holdings; Pamela J. Baker, international counsel/senior vp-Liberty International Holdings.

U.S. contact: Kathleen A. Curran, director, 617-574-5555 or A. Kappelmann, 212-944-5745.

* Through Global Risk Management Group.