1
EXHIBIT 21
Significant subsidiaries of the Corporation at December 31, 1995 were as
follows:
SUBSIDIARIES OF REGISTRANT
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 Company Insurer Ohio 100 1864/1985
General Star Management Company Management Delaware 100 1979
Genesis Underwriting Management Company Management Delaware 100 1988
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 Limited Manager UK 100 1966
General Re Europe Limited Reinsurer UK 100 1981
General Re, Correduria de Reaseguros, S.A. Intermediary Spain 100(1) 1987
General and Cologne Re Management Limited Management Australia 50(4) 1995
General Reinsurance Australasia Limited Reinsurer Australia 100 1961
Recoa Investments Pty. Limited Investment Company Australia 100 1967
General Re Compania de Reaseguros, S.A. Reinsurer Uruguay 100 1990
Mandataria General Re, S.A. Agent Argentina 100(1) 1990
General Re Compania de Reaseguros, S.A. Reinsurer Argentina 100(1) 1991
North Star Reinsurance Corporation Reinsurer Delaware 100 1956/1996
General Re-New England Asset Management, Inc. Investment Adviser Delaware 100 1984/1995
North Star Syndicate, Ltd. Insurance Syndicate Delaware 100 1979
United States Aviation Underwriters, Inc. Manager New York 100 1928/1982
USAU Reinsurance Limited Reinsurer Bermuda 100 1978
Canadian Aviation Insurance Managers Ltd. Manager Montreal, Can. 100 1937
Airsurance Limitee Manager Montreal, Can. 100 1982
General Re Services Corporation General Business Corp. Delaware 100 1979
General Re Financial Products (Japan) Inc. Agent/Swap Dealer Delaware 100 1990
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 Investment S.a
r.l. Holding Company Luxembourg 50.1 1994
Kolnische Ruckversicherungs-Gesellschaft AG Reinsurer Germany 75(6) 1846/1994
Cologne Holding Company of America Holding Company Connecticut 100 1992/1994
Cologne Re Managers Corporation Management Delaware 100 1995
Cologne Reinsurance Company of America Reinsurer Connecticut 100 1975/1994
Cologne Life Reinsurance Company Reinsurer Connecticut 100 1967/1994
U.S. Health & Life Insurance Company Insurer Delaware 100 1982/1994
Idealife Insurance Company Insurer Connecticut 100 1981/1994
Europa Ruckversicherung AG Reinsurer Germany 84 1947/1994
Kolnische Versicherungs-Beratungs-und Service
GmbH General Business Corp. Germany 100 1988/1994
The Cologne Reinsurance Company Ltd. Reinsurer UK 100 1983/1994
Cologne Reinsurance Company Ltd. Reinsurer Ireland 99 1990/1994
LaKolnische Italia Servizi Riassicurativi SRL Agent Italy 100 1989/1994
Kolnische Nordiska Aktiebolag Insurer Sweden 100 1980/1994
Cologne Reinsurance Finance Holdings B.V. Holding Company Netherlands 100 1976/1994
Cologne Reinsurance Company Ltd. Reinsurer Bermuda 100 1980/1994
Cologne Reinsurance Ltd. Reinsurer Barbados 75(3) 1989/1994
LaKolnische Latina S.A. Agent Mexico 95 1976/1994
Kolnische Ruck Wien Reinsurer Austria 70(5) 1869/1994
2
JURISDICTION INCORPORATED/
OF PERCENT ACQUIRED BY
NAME NATURE OF BUSINESS INCORPORATION OWNED GROUP
- ------------------------------------------------------ ----------------------- --------------- ------- -------------
Cologne Reinsurance Company of South Africa Ltd. Reinsurer South Africa 99 1966/1994
General and Cologne Re Management Limited Management Australia 50(4) 1995
Cologne Life Reinsurance Company of Australia
Ltd. Reinsurer Australia 99 1983/1994
Cologne Reinsurance Consultants Ltd. General Business Corp. Hong Kong 99 1987/1994
Die Kolnische Ruck Riga GmbH Agent Latvia 100 1990/1994
LaKolnische Iberica S.A. Agent Spain 100 1981/1994
Kolnische Ruck Buenos Aires S.A. Agent Argentina 100 1992/1994
General Re London Limited General Business Corp. UK 100 1992/1994
GRD Global, Inc. Management Delaware 100 1995
General Re Financial Products Corporation Swap Dealer Delaware 100 1990
General Re Financial Products (Canada) Limited Agent Ontario 100 1993
General Re Financial Products Limited Agent UK 100 1990
General Re Financial Securities Limited Swap Dealer UK 100 1992
General Re Securities Corporation Broker-Dealer Delaware 100 1991
General Re Underwriting Services Limited Underwriting Services Bermuda 100 1993
General Re Bermuda, Ltd. Reinsurer Bermuda 100 1993
General Re T K, Inc. General Business Corp. Delaware 100 1994
General Re Strategic Solutions, Inc. General Business Corp. Delaware 100 1995
- ---------------
(1) Percentages exclude any director qualifying shares
(2) Partnership Percentage
(3) Cologne Reinsurance Company Ltd. (Bermuda) owns 75 percent and Cologne Life
Reinsurance Company (Connecticut) owns 25 percent of Cologne Reinsurance
Ltd. (Barbados)
(4) General Reinsurance Corporation and Kolnische Ruchversicherungs-Gesellschaft
AG each own 50 percent of General and Cologne Re Management Limited
(5) Kolnische Ruckversicherungs-Gesellschaft AG owns 70 percent and Wiener
Stadtische Allgemeine Versicherung Aktiengesellschaft and
Versicherungsanstalt der osterreichischen Bundeslander
Versicherungsaktiengesellschaft each own 15 percent of Kolnische Ruck Wien
(6) GRD Corporation owns an additional 6.9 percent of Kolnische
Ruckversicherungs-Gesellschaft AG directly Indentation Shows Ownership)