Risk Capital Re Enters Accident and Health Reinsurance Market

Business Wire, Oct 13, 1998

GREENWICH, Conn.--(BUSINESS WIRE)--October 13, 1998--

Names Joann L. Deblasis Senior Vice

President, A&H Underwriting

Risk Capital Reinsurance Company, a wholly owned subsidiary of Risk Capital Holdings, Inc. (NASDAQ: RCHI), today named Joann L. DeBlasis to the position of Senior Vice President, Accident & Health Underwriting.

Ms. DeBlasis most recently served as a Vice President managing A&H business at Scor Reinsurance Company. Previously, she was Vice President of Group Underwriting and Marketing at Life Reassurance Corporation of America. She has also held various accident and health underwriting and financial positions of increasing responsibility during a 17 year tenure with the CIGNA group of companies. Ms. DeBlasis began her insurance career with Aetna Life and Casualty as an auditor of medical claim and related operational systems. She holds a CPA designation, as well as an MBA from the University of Connecticut.

Mark Mosca, President and Chief Executive Officer of Risk Capital Holdings, said, "We are pleased that Joann DeBlasis is a part of our continuing effort to diversify our book of business into attractive specialty areas. Joann's considerable experience and expertise in the accident and health field make her an important addition to our underwriting team."

Risk Capital Holdings, Inc., through its wholly owned subsidiary Risk Capital Reinsurance Company, provides reinsurance and other forms of capital, either on a stand-alone basis, or as part of integrated solutions for insurance companies with capital needs that cannot be met by reinsurance alone.