Capital Re Corporation declares quarterly dividend.NEW YORK--(BUSINESS WIRE)--February 26, 1997--Capital Re Corporation (NYSE NYSE See: New York Stock Exchange : KRE KRE Kauffman Racing Equipment KRE Kuwait Real Estate (bank) KRE Keffalas Real Estate, Inc KRE Key Results Expected KRE Karl Real Estate KRE Kernel Rules Enforcement KRE Korea Research Environment ) announced today that its Board of Directors has declared a cash dividend of $.07 per share which will be payable on March 27, 1997 to shareholders of record at close of business March 20, 1997. Capital Re Corporation is a specialized insurance/reinsurance group. Its principal subsidiaries include: Capital Reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. Company, a triple A rated financial guaranty reinsurer, Capital Mortgage Reinsurance Company, a double A rated mortgage guaranty reinsurer, Capital Credit Reinsurance Company, Ltd., a multi-line specialty reinsurer, Capital Title Reinsurance Company a AA- rated title reinsurer and RGB (Red Green Blue) The computer's native color space, which is the color system for capturing and displaying images. RGB was derived from our own perception of color because human eyes are sensitive to red, green and blue (see trichromaticity). Underwriting Agencies Ltd., a Lloyd's managing agency, managing non-marine syndicate 490 and two life syndicates, 1171 and 332. CONTACT: Capital Re Corporation David A. Buzen or Catherine C. Bailey 212/974-0100 |
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