Hedge Volumes ,
 please call to discuss x35007
---------------------- Forwarded by Doug Leach/HOU/ECT on 12/14/2000 10:56 AM 
---------------------------


Robert J Cunningham <Robert.J.Cunningham@marshmc.com> on 12/14/2000 03:42:06 
PM
To: "doug.leach" <doug.leach@enron.com> (IPM Return requested) (Receipt 
notification requested)
cc: William A Mayer <William.A.Mayer.Jr@marshmc.com> (IPM Return requested) 
(Receipt notification requested) 
Subject: Hedge Volumes


Doug,

As we discussed, I am trying to get a feel for pricing if an insurance
company or companies  were to hedge some potential price exposures.
Please assume that the credit quality of your counterparty is A rated
or better.  Attached are some hypothetical volumes to hedge.  The
actual volumes hedged may be less or more.  I would sugest we look at a
cap and a swap (pay fixed, receive floating).  It would be appreciated
if you would please provide some indicative quotes.

If you need more please let me know.

Thanks.

Best regards,

Bob


____________________
Robert J Cunningham
Client Executive Vice President
Marsh USA Inc.
1000 Louisiana Street
Suite 4000
Houston, TX 77002-5008
Phone: (713) 427-0604
Fax: (713) 654-0444
Internet: Robert.J.Cunningham@marshmc.com
____________________

 - hedge volumes.xls
john.griffith@enron.com