Insurance Operations Overview
- Leading global position bolstered through recent acquisition of Winterthur International
- Provides a broad range of insurance products -- focus on profitable selected/specialty commercial lines
- A market leader in environmental, political risk insurance and at Lloyd’s (now own 100% of capacity)
- Most coverages are written with defined exposure limits - both per occurrence and in the aggregate
- Global insurance operations (incl. Lloyd’s) represented 61 % of 4Q01 net premiums earned