first 1995 quarterly dividend.

The company's board of directors set February 7, 1995 as the record date for payment of a dividend of eight cents per common share, to be paid February 21, 1995, reported Bloomberg business news service.

MRM provides risk management services to clients in the US, Canada and Europe seeking alternatives to traditional commercial insurance for some of their risk exposures, especially workers' compensation.

The company's common shares are listed on the Bermuda and New York stock exchanges.