Global reinsurance market.

Top 35 Global Reinsurance Groups

Ranked by consolidated Gross Premium Written in 2003 ($ millions)

Munich Re
Swiss Re Group
Hannover Re
Berkshire Hathaway Group
Lloyd's of London
GE Global Ins Hldgs
Scor Group
Everest Re Group
XL Capital
Axa Re Group
Converium Group
Transatlantic Hldgs Inc Group
PartnerRe Group
London Reins Group
RGA Reins Co
Odyssey Re Group (Fairfax)
Korean Reins Co (1)
QBE
ING Group
Arch Reins Ltd
Endurance Specialty Ins Ltd
Toa Reins Group (1)
Ace Tempest Reins Ltd
Caisse Centrale de Reassur
Aegon
Folksamerica Re
RenaissanceRe
Aspen Ins
Alea Group
Assicurazioni Generali SpA
Platinum Underwriters Group
Mapfre
WR Berkley
Chubb
Max Re

(1) Year end is March 31, 2004

Note: Table made from bar graph.

Source: Special Report: Global Reinsurance 2004 (Published 09/13/2004)

Catastrophe Bond Issuance and Amount
Outstanding at End of Year

1997-2002 ($ billions)

[GRAPHIC OMITTED]

Source: Government Accountability Office