MARC Passes Important Milestone

ATLANTA, November 3, 1999—Last month, Munich American’s life amount in force exceeded $100 billion for the first time ever. This is an increase from $23 billion at the end of 1995. This very rapid growth of mortality risk under management by Munich American demonstrates our strong commitment to the life reinsurance market and has been fully supported by our parent company, Munich Re. We anticipate that our inforce will continue to grow strongly and appreciate the opportunity to support our many life clients.

Munich American Reassurance Company

See also Growth in Reinsurance In Force and Assets