EXHIBIT 1 CASH TRANSACTIONS CANADIAN GENERAL CAPITAL ------------------------ 06/30/97 Receipt of Interest on Canadian General Insurance $2,281,455.31 Group Limited 9.125% Subordinated Debentures due ------------- March 31, 2026 06/30/97 Funds disbursed to Holders of Canadian General Trust $2,281,455.31 Originated Preferred Securities and Common Stock ------------- Dated: July 17, 1997 By: IBJ SCHRODER BANK & TRUST COMPANY as Administrative Trustee By: \s\ Stuart Rothenberg ----------------------------------- Stuart Rothenberg Assistant Vice President