INVESTOR RELATIONS

Majestic Insurance Company is a wholly-owned subsidiary of CRM Holdings, Ltd. CRM Holdings, Ltd. is a Bermuda-based provider of workers’ compensation insurance products. Through its subsidiaries, CRM’s main business activities include underwriting primary workers' compensation insurance policies, underwriting workers' compensation reinsurance and excess insurance policies, and providing fee-based management and other services to self-insured entities. CRM provides primary workers’ compensation insurance to employers in California, Arizona, Florida, Nevada, New Jersey, New York, and other states. CRM reinsures some of the primary business that is underwritten and provides excess workers' compensation coverage for self-insured organizations. CRM also provides fee-based management services to self-insured groups in California.

For further information, please see CRM’s Web site at www.CRMHoldingsLtd.bm