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Crum & Foster
Crum & Forster (C&F), based in Morristown, New Jersey, is a national commercial property and casualty insurance company in the United States writing a broad range of commercial coverages. Its subsidiary Seneca Insurance provides property and casualty insurance to small businesses and certain specialty coverages. Since January 1, 2006, the specialty niche property and casualty and accident and health insurance business fomely carried on by Fairmont Insurance is being carried on as the Fairmont Specialty division at C&F. In 2005, C&F’s net premiums written were US$866.9 million. At year-end, the company had capital of US$999.6 million ($961.2 million on a US GAAP basis) and there were 1,015 employees.
OdysseyRe, based in Stamford, Connecticut, underwrites treaty and facultative reinsurance as well as specialty insurance business, with principal locations in the United States, Toronto, London, Paris, Singapore and Latin America. In 2005, OdysseyRe’s net premiums written were US$2,314.1 million. At year-end, the company had capital of US$1,534.5 million (US$1,623.4 million on a US GAAP basis) and there were 592 employees.
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