EXHIBIT 99.2


                         AMERINST INSURANCE GROUP, LTD.

     CERTIFICATION PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
                            (18 U.S.C. SECTION 1350)


Pursuant to the requirements of Section 906 of the Sarbanes-Oxley Act of 2002
(18 U.S.C. Sections 1350 (a) and (b)), the undersigned hereby certify as
follows:

     1.   Murray Nicol is the Vice President and CFO of AmerInst Insurance
          Group, Ltd.

     2.   The Company's Form 10-Q for the quarterly period ended September 30,
          2002, accompanying this Certification, in the form filed with the
          Securities and Exchange Commission (the "Report") fully complies with
          the requirements of Section 13 (a) of the Securities Act of 1934 (the
          "Exchange Act"), and

     3.   The information in the Report fairly presents, in all material
          respects, the financial condition and results of operations of the
          Company.



Dated:  November 14, 2002


                                                        By:  /s/ Murray Nicol
                                                        -----------------------
                                                        Murray Nicol
                                                        Vice President and CFO