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General Re Corp – ‘10-K405’ for 12/31/96 – EX-21

As of:  Monday, 3/24/97   ·   For:  12/31/96   ·   Accession #:  950130-97-1155   ·   File #:  1-08026

Previous ‘10-K405’:  None   ·   Next & Latest:  ‘10-K405’ on 3/26/98 for 12/31/97

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 3/24/97  General Re Corp                   10-K405    12/31/96    8:279K                                   Donnelley R R & S… 02/FA

Annual Report — [x] Reg. S-K Item 405   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K405     Form 10-K                                             72    380K 
 2: EX-10.6     Form of Severance Agreement                            8     28K 
 3: EX-10.7     Employment Agreement                                  11     27K 
 4: EX-11       Computation of Earnings Per Share                      2      8K 
 5: EX-21       Subsidiaries of General Re Corporation                 3     23K 
 6: EX-23       Consent of Independent Accountants                     2      7K 
 7: EX-24       Powers of Attorney of the Directors                    2      7K 
 8: EX-27       Financial Data Schedule                                2      7K 


EX-21   —   Subsidiaries of General Re Corporation

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EXHIBIT 21 SUBSIDIARIES OF REGISTRANT 93
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EXHIBIT 21 SUBSIDIARIES OF REGISTRANT Significant subsidiaries of General Re Corporation at December 31, 1996 were as follows: [Enlarge/Download Table] JURISDICTION INCORPORATED/ OF PERCENT ACQUIRED BY NAME NATURE OF BUSINESS INCORPORATION OWNED GROUP ---------------------------------------- ---------------------- -------------- ------------ ------------- General Re Corporation Holding Company Delaware N/A 1980 General Reinsurance Corporation Reinsurer Delaware 100 1970 Elm Street Corporation Real Estate Delaware 100 1981 General Star Indemnity Company Insurer Connecticut 100 1967 General Star National Insurance Insurer Ohio 100 1864/1985 Company General Star Management Company Management Delaware 100 1979 Genesis Underwriting Management Management Delaware 100 1988 Company Genesis D&O Liability Insurance Agency Ohio 100 1988/1996 Program, Inc Broker Markets Agency, Inc. Agent Connecticut 100 1987 Genesis Insurance Company Insurer Connecticut 100 1976/1989 Genesis Indemnity Insurance Company Insurer North Dakota 100 1989 GRC Realty Corporation Real Estate Connecticut 100 1972 Gen Re Holdings, Inc. Holding Company Delaware 100 1981 Reinsurance Underwriting Services Manager UK 100 1966 Limited General Re Europe Limited Reinsurer UK 100 1981 General Re, Correduria de Intermediary Spain 100(1) 1987 Reaseguros, S.A. General and Cologne Re Management Management Australia 50(4) 1995 Limited General and Cologne Reinsurance Reinsurer Australia 100 1961 Australasia Limited Recoa Investments Pty. Limited Investment Company Australia 100 1967 General Re Compania de Reaseguros, Reinsurer Uruguay 100 1990 S.A. Mandataria General Re, S.A. Agent Argentina 100(1) 1990 Die Koelnische Rueck Compania de Reinsurer Argentina 100(1) 1991 Reaseguros, S.A. National Re Group Corporation Holding Company Delaware 100 1989/1996 National Reinsurance Corporation Reinsurer Delaware 100 1806/1996 Fairfield Insurance Company Insurer Connecticut 100 1991/1996 National Intermediaries, Inc. Intermediary New York 100 1976/1996 Global Resolution, Inc. Manager New Jersey 100 1995/1996 National Risk Services, Inc. Broker Connecticut 100 1995/1996 North Star Reinsurance Corporation Reinsurer Delaware 100 1956/1995 General Re-New England Asset Investment Adviser Delaware 100 1984/1995 Management, Inc. North Star Syndicate, Ltd. Insurance Syndicate Delaware 100 1979 United States Aviation Underwriters, Manager New York 100 1928/1982 Inc. USAU Reinsurance Limited Reinsurer Bermuda 100 1978 Canadian Aviation Insurance Managers Manager Montreal, Can. 100 1937 Ltd. Airsurance Limitee Manager Montreal, Can. 100 1982 General Re Services Corporation General Business Corp. Delaware 100 1979 General Re Financial Products Agent/Swap Dealer Delaware 100 1990 (Japan) Inc. Herbert Clough Inc. Intermediary New York 100 1926/1928 Genplus Managers, Inc. Manager Delaware 100 1984 Cresset Capital Limited Partnership Venture Capital NY Partnership 50(2) 1989 GRD Corporation General Business Corp. Delaware 100 1987 General Re-CKAG Reinsurance and Holding Company Luxembourg 50.1(7) 1994 Investment S.a r.1. Koelnische Reinsurer Germany 75(6) 1846/1994 Rueckversicherungs-Gesellschaft AG Cologne Holding Company of America Holding Company Connecticut 100 1992/1994 Cologne Re Managers Corporation Management Delaware 100 1995 Cologne Reinsurance Company of Reinsurer Connecticut 100 1975/1994 America Cologne Life Reinsurance Company Reinsurer Connecticut 100 1967/1994 Cologne Life Underwriting Management Connecticut 100 1996/1994 Management Company Health Reinsurance Management Partnership Massachusetts 51 (8) 1993/1994 Partnership John Hewitt and Associates Management Maine 92.63 (11) 1986/1995 Insurance Management Services, Management Connecticut 100 1996/1996 Corporation Idealife Insurance Company Insurer Connecticut 100 1981/1994 Europa Rueckversicherung AG Reinsurer Germany 75 (9) 1947/1994 Koelnische General Business Corp. Germany 100 1988/1994 Versicherungs-Beratungs-und Service GmbH The Cologne Reinsurance Company Ltd. Reinsurer UK 100 1983/1994 Cologne Reinsurance Company Ltd. Reinsurer Ireland 100 (1) 1990/1994 La Koelnische Italia Servizi Agent Italy 100 1989/1994 Riassicurativi SRL Koelnische Nordiska Aktiebolag Insurer Sweden 100 1980/1994 Cologne Reinsurance Finance Holdings Holding Company Netherlands 100 1976/1994 B.V. 94
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[Enlarge/Download Table] JURISDICTION INCORPORATED/ OF PERCENT ACQUIRED BY NAME NATURE OF BUSINESS INCORPORATION OWNED GROUP ---------------------------------------- ---------------------- ------------- ---------- ------------- Cologne Reinsurance Company Ltd. Reinsurer Bermuda 100 1980/1994 Cologne Reinsurance Ltd. Reinsurer Barbados 75(3) 1989/1994 La Koelnische Latina S.A. Agent Mexico 100(1) 1976/1994 Koelnische Rueck Wien Reinsurer Austria 70(5) 1869/1994 Cologne Reinsurance Company of Reinsurer South Africa 99 1966/1994 South Africa Ltd. General and Cologne Re Management Management Australia 50(4) 1995 Limited Cologne Life Reinsurance Company Reinsurer Australia 99 1983/1994 of Australia Ltd. Die Koelnische Rueck Riga GmbH Agent Latvia 100 1990/1994 La Koelnische Iberica S.A. Agent Spain 100 1981/1994 Koelnische Rueck Buenos Aires S.A. Agent Argentina 100 1992/1994 Cologne Life Reinsurance Company Limited Reinsurer UK 100 1996 Koelnische Gestion Immobiliere Real Estate France 100 1994 Cologne Re Consultants Consultants Hong Kong 100 1986/1994 Insiders GmbH General Business Corp. Germany 85 (10) 1993/1994 Koelnische Norden Reinsurer Denmark 100 1995 La Koelnische de Venezuela Reinsurer Venezuela 100 1988/1994 Universal Risk Partners Broker Luxembourg 100 1994 General Re London Limited General Business Corp. UK 100 1992/1994 GRD Global, Inc. Management Delaware 100 1995 General Re Financial Products Swap Dealer Delaware 100 1990 Corporation General Re Financial Products Agent Ontario 100 1993 (Canada) Limited General Re Financial Products Limited Agent UK 100 1990 General Re Financial Securities Swap Dealer UK 100 1992 Limited General Re Securities Corporation Broker-Dealer Delaware 100 1991 General Re Underwriting Services Underwriting Services Bermuda 100 1993 Limited General Re (Bermuda) Limited Reinsurer Bermuda 100 1993 GRD Corporation (continuation of direct subsidiaries) General Re Investment Holdings Holding Company Delaware 100 1996 Corporation General Re Funding Corporation General Business Corp. Delaware 100 1996 General Re Corporate Finance, Inc. General Business Corp. Delaware 100 1996 General Re Strategic Solutions, Inc. General Business Corp. Delaware 100 1995 __________ Legend: (1) Percentages include any director qualifying shares (2) Partnership Percentage (3) Cologne Reinsurance Company Ltd. (Bermuda) owns 75% and Cologne Life Reinsurance Company (Connecticut) owns 25% of Cologne Reinsurance Ltd. (Barbados) (4) General Reinsurance Corporation and Koelnische Rueckversicherungs- Gesellschaft AG each own 50% of General and Cologne Re Management Limited (5) Koelnische Rueckversicherungs-Gesellschaft AG owns 70% and non affiliates - Wiener Staedtische Allgemeine Versicherung Aktiengesellschaft and Versicherungsanstalt der oesterreichischen each own 15% (6) GRD Corporation owns an additional 7.8% Koelnische Rueckversicherungs- Gesellschaft AG directly (7) 50.1% controlling interest held by GRD Corporation and a 49.9% non- controlling minority interest held by Colonia Konzern, AG of Germany (37.8%) and Nordstern Allgemeine Versicherungs, AG of Germany (12.1%) (8) Cologne Life Underwriting Management Company owns 51% and Health Reinsurance Management, Inc. (a nonaffiliate) owns 49% of Health Reinsurance Management Partnership (9) Koelnische Rueckversicherungs-Gesellschaft AG owns 75% and non-affiliates - ProFin Beteiligungsgesellschaft GmbH owns 16%, Iron Trades Insurance Ltd. owns 8% and Mutuell Assurance Artisande de France owns 1% of Europa Rueckversicherung AG (10) Koelnische Rueckversicherungs-Gesellschaft AG owns 85% and two Managers own the remaining 15% of Insiders GmbH (11) Cologne Life Underwriting Management Company owns 92.63% and Robert Taylor owns 7.37% of John Hewitt and Associates (Indentation Shows Ownership) 95

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Filed on:3/24/97
For Period End:12/31/96211-K
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