Standard and Poor's (S&P) stock performance index.

The SmallCap 600 Index is designed to track the stock performance of small capitalisation companies.

"MRM was selected by Standard and Poor's after careful evaluation of its size, liquidity and industry representation,'' according to Bloomberg Business News.

S&P will start disseminating the index on October 31, 1994.

"We are pleased to be included in this new index,'' said Mr. Robert A.

Mulderig, MRM chairman and Chief Executive Officer. "We see this index as a reflection of continued investor interest in the small cap marketplace.'' Companies in the index are listed on major US stock exchanges and have a combined market capitalisation of about $181 billion.

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

For the first six months of 1994, the company had net income of $11.64 million to June 30, 1993, compared to $9.21 million for the same epriod in 1993.

Assets were $952 million compared to $859 million.