| Ownership |
100% Member Owned and Controlled |
| Type |
Heterogeneous Group Captive |
| Date of
Incorporation |
March 1, 1996 |
| Domiciled In |
Grand Cayman, Cayman Islands, B.W.I. |
| Number of
Active Member/Owners |
69 (As of 03/01/12) |
| Captive Membership Profile |
| Manufacturing |
33 |
| Distribution |
15 |
| Service |
9 |
| Recycling |
4 |
| Retail |
4 |
| Contracting |
3 |
| Healthcare |
1 |
|
| MAC's Retention |
$350,000 Per Occurrence |
| Annual
Captive Premium |
$25,685,855 (As of 03/01/12) |
| Average
Member Premium Size |
$372,259 (As of 03/01/12) |
| Total
Capital |
$0,104,097 (As of 2/28/11 Audited Financials) |
| Premium to
Surplus Ratio |
0.26 : 1 (As of 2/28/11 Audited Financial Statement,
Insurance Industry Standard 3 : 1) |
| Final
Underwriting Approval |
MAC Casualty Underwriting Committee |
| Captive
Consultant |
Captive Resources, LLC |
| Fronting
Insurance Company |
The Hartford, A.M. Best Rating A |
| Specific
Excess Reinsurer |
The Hartford, A.M. Best Rating A |
| Claims
Administrator |
Gallagher Bassett |
| Loss
Prevention Services |
Gallagher Bassett |
| Auditor |
PricewaterhouseCooper |
| Banking &
Investments |
Royal Bank of Canada |
| Ranking |
Nineteenth Largest Member Owned Captive in the World |
