Brit Insurance is a leader in funding and organising significant relief to the often uninsured victims of global catastrophes. It was delighted to receive the Charity Initiative of the Year Award from its peers in the Insurance Day Awards for 2005 in respect of its Tsunami appeal work. The company supported a series of one-day cricket matches between elite international XIs and New Zealand which raised £500,000 for victims of the Tsunami. A further £500,000 was donated to underwrite a Twenty20 cricket match at the Brit Insurance Oval between Asia and the Rest of the World which raised £1.1m for victims. Staff raised £6,500 via a series of initiatives which was equally matched by the company.

Brit Insurance has made a three year commitment to report, reduce and offset the carbon dioxide emissions due to the energy use in its buildings and business travel. For 2006, the focus of our programme is three-fold:

• To improve data collection processes

• To calculate emissions from business travel

• To set up an appropriate target to reduce Brits carbon emissions

Other key initiatives:

• Brit maintains video conferencing facilities at main locations

• It has invested substantial sums in paperless document filing, retrieval and viewing to reduce environmental waste

• It provides recycling facilities for office waste including bottles, cans, paper and printing cartridges. Redundant computer hardware and mobile phones are donated to charity for refurbishment and further use

• It has invested seed capital for specific ecology-related start-up companies

Brit is committed to pro-active claims management, a philosophy which is founded upon the delivery of a quality service through the combined resources of Brit’s own technical management team and a select and accredited panel of outsource claims handlers.

Brit is a leading and profitable UK-based international general insurance and reinsurance group listed in the FTSE 250, with a market capitalisation of £1.02bn as at 23rd Feburary 2006. Brit Insurance Limited, a subsidiary, is a member of the Association of British Insurers and is authorised and regulated by the Financial Services Authority. It is licensed to write insurance in the European Economic Area.

Brit Insurance Limited is rated A+ (Strong) by Fitch Ratings and A (Excellent) by Best and has one of the strongest balance sheets in the sector. Reinsurance business is written in both entities.

Worldwide business is written through Brit’s wholly owned Syndicate 2987 at Lloyd’s, which has a capacity of £500m for 2006, provided 100% by Brit. The syndicate benefits from the Lloyd’s Market ratings of A from Fitch Ratings and Best.