million and is now accepting underwriting submissions from reinsurance brokers.

The company is owned by Aon Corporation, CNA Insurance Companies and Corporate Partners.

Mr. William J. Adamson, LaSalle Re's chairman, said: "LaSalle Re is a leading global reinsurer offering clients underwriting expertise and marketing versatility combined with the commitment of a financially secure facility.

"The company, which engages in multi-line reinsurance, will play a leadership role in providing its clients with the most efficient and cost-effective tools to reinsure their risks.''