Page 23 of 32 Pages
Exhibit 1
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Agreement Relating to Joint Filing
of Statement on Schedule 13D
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This will confirm the agreement by and between the undersigned that the
Statement on Schedule 13D (the "Statement") filed on or about this date with
respect to the beneficial ownership by the undersigned of common shares, $1.00
par value per share, of Annuity Life and Re (Holdings), Ltd. is being filed on
behalf of the undersigned.
Each of the undersigned hereby acknowledges that pursuant to Rule
13d-1(f) promulgated under the Securities Exchange Act of 1934, as amended, that
each person on whose behalf the Statement is filed is responsible for the timely
filing of such statement and any amendments thereto, and for the completeness
and accuracy of the information concerning such person contained therein; and
that such person is not responsible for the completeness or accuracy of the
information concerning the other persons making the filing, unless such person
knows or has reason to believe that such information is inaccurate.
This Agreement may be executed in one or more counterparts by each of
the undersigned, and each of which, taken together, shall constitute one and the
same instrument.
Date: July 15, 1998
INSURANCE PARTNERS, L.P.,
a Delaware limited partnership
By: Insurance GenPar, L.P.,
a Delaware limited partnership,
its General Partner
By: Insurance GenPar MGP, L.P.,
a Delaware limited partnership,
its General Partner
By: Insurance GenPar MGP, Inc.,
a Delaware corporation,
its General Partner
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
-----------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: President
Page 24 of 32 Pages
INSURANCE GENPAR, L.P.,
a Delaware limited partnership
By: Insurance GenPar MGP, L.P.,
a Delaware limited partnership,
its General Partner
By: Insurance GenPar MGP, Inc.,
a Delaware corporation,
its General Partner
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
-----------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: President
INSURANCE GENPAR MGP, L.P.,
a Delaware limited partnership
By: Insurance GenPar MGP, Inc.,
a Delaware corporation,
its General Partner
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
-----------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: President
INSURANCE GENPAR MGP, INC.,
a Delaware corporation
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
-----------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: President
Page 25 of 32 Pages
INSURANCE PARTNERS OFFSHORE
(BERMUDA), L.P.,
a Bermuda limited partnership
By: Insurance GenPar (Bermuda), L.P.,
a Bermuda limited partnership, its
General Partner
By: Insurance GenPar (Bermuda) MGP,
L.P., a Bermuda limited partnership, its
General Partner
By: Insurance GenPar (Bermuda) MGP,
Ltd., a Bermuda corporation, its
General Partner
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
-----------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: President
INSURANCE GENPAR (BERMUDA), L.P.,
a Bermuda limited partnership
By: Insurance GenPar (Bermuda) MGP,
L.P., a Bermuda limited partnership, its
General Partner
By: Insurance GenPar (Bermuda) MGP,
Ltd., a Bermuda corporation, its
General Partner
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
-----------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: President
INSURANCE GENPAR (BERMUDA) MGP,
L.P., a Bermuda corporation
By: Insurance GenPar (Bermuda) MGP,
Ltd., a Bermuda corporation,
its General Partner
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
-----------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: President
Page 26 of 32 Pages
INSURANCE GENPAR (BERMUDA) MGP,
LTD., a Bermuda corporation
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
-----------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Title: President