OneBeacon Insurance Group Ltd

OneBeacon Insurance Group, Ltd., at Dec. 31, 2008, had 474

policyholders who have asbestos-related claims against the

Company, according to the Company’s 2008 annual report filed

with the Securities and Exchange Commission.

At Dec. 31, 2007, the Company had 491 policyholders who had

asbestos-related claims…

OneBeacon Insurance Group, Ltd., as of Dec. 31, 2008, had established gross loss and loss adjustment expense reserves for asbestos claims of US$1.098 billion.

About 99 percent of these loss and LAE reserves are covered under reinsurance arrangements. The Company’s net…