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The Collaborative Clearinghouse for Lawsuits and Other Claims Against ACE Group Insurance Companies

2000-02-13 ACE Limited (NYSE: ACE) 8-K

ATTENTION: It is possible that this information may no longer be current and therefore may be inaccurate. The index contains both open and closed cases and is not a complete list of cases in which an ACE Insurance Group company is involved. This information is provided to give interested persons an idea of the issues disputed in the indexed cases. For a full understanding of a case, one should read the rest of the court file, including the response. For the most up-to-date and complete information on a case, visit www.pacer.gov or contact the clerk of the relevant court.

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http://www.sec.gov/Archives/edgar/data/896159/0000902561-00-000021.txt
-----BEGIN PRIVACY-ENHANCED MESSAGE----Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, BAXSY9IwJrUSQoThDd7pVM9iGiPG6kcFYfNDWbf+NHoKS8NaWOG5s3cNusJbuhlG g5E/GW1t0vMRSS3y6ORjXw== <SEC-DOCUMENT>0000902561-00-000021.txt : 20000202 <SEC-HEADER>0000902561-00-000021.hdr.sgml : 20000202 ACCESSION NUMBER: 0000902561-00-000021 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19991230 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTRAL INDEX KEY: STANDARD INDUSTRIAL CLASSIFICATION: IRS NUMBER: FISCAL YEAR END: FILING VALUES: FORM TYPE: SEC ACT: SEC FILE NUMBER: FILM NUMBER: BUSINESS ADDRESS: STREET 1: STREET 2: CITY: STATE: BUSINESS PHONE: MAIL ADDRESS: STREET 1: CITY: STATE: </SEC-HEADER> <DOCUMENT> <TYPE>8-K <SEQUENCE>1 <TEXT> 8-K 033-86146 507974 ACE BLDG P O BOX HM 1015 HAMILTON HM 08 BERMU D0 8092955200 P O BOX HM 1015 HAMITON BERMUDA D0 ACE LTD 0000896159 FIRE, MARINE & CASUALTY INSURANCE [6331] 000000000 1231
SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 30, 1999 ACE LIMITED (Exact name of registrant as specified in its charter)
Cayman Islands (State or other jurisdiction of Incorporation)
1-11778 (Commission File Number)
98-0091805 (I.R.S. Employer Identification No.)
The ACE Building 30 Woodbourne Avenue Hamilton, Bermuda (Address of principal executive offices)
HM 08 (Zip Code)
Registrant's telephone number, including area code: (441) 295-5200
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Not Applicable (Former name or former address, if changed since last report)
<PAGE>
Item 2.
Acquisition or Disposition of Assets.
On December 30, 1999, ACE Limited completed the acquisition of Capital Re Corporation. ACE issued approximately 20.8 million ordinary shares, and paid approximately $110.3 million in cash in the transaction. Included as Exhibit 99.1 to this Current Report on Form 8-K is a copy of the press release dated December 30, 1999 announcing such completion. Item 7. Financial Statements and Exhibits. (a) Audited Financial Statements Not required (b) Pro Forma Financial Information The required pro forma financial information is incorporated by reference to pro forma financial information contained under the heading "Unaudited Pro Forma Condensed Consolidated Financial Information of ACE" in the proxy statement/prospectus which is a part of ACE Limited's Registration Statement on Form S-4 (No. 333-90927) (c) Exhibits. 99.1 Press release, dated December 30, 1999
<PAGE>
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Dated: January 14, 2000 ACE LIMITED By: Christopher Z. Marshall ----------------------Christopher Z. Marshall Chief Financial Officer
<PAGE>
EXHIBIT INDEX Exhibit Number - ------99.1 Description ----------Press release, dated December 30, 1999
</TEXT> </DOCUMENT> <DOCUMENT>
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<TYPE>EX-99.1 <SEQUENCE>2 <DESCRIPTION>PRESS RELEASE <TEXT>
Exhibit 99.1 ACE Limited and Capital Re Announce Closing of Acquisition HAMILTON, Bermuda -- Dec. 30, 1999 -- ACE Limited (NYSE:ACL) and Capital Re Corporation (NYSE:KRE) announced today that ACE has completed the acquisition of Capital Re. ACE issued approximately 20.8 million ordinary shares, and paid approximately $110.3 million in cash in the transaction. Brian Duperreault, chairman and chief executive officer of ACE, said: "This transaction adds significant depth and expertise to ACE's financial reinsurance capabilities and represents a strategic complement to our diversified book of business. The acquisition of Capital Re establishes ACE as one of the premier financial guaranty reinsurers." Jerry Jurschak, president and chief executive officer of Capital Re, commented: "Capital Re is pleased to complete its merger with ACE Limited. Our positive business environment for reinsuring financial products is significantly furthered by ACE's broad product offering, substantial balance sheet, and worldwide presence." Dominic Frederico has been appointed chairman of Capital Re Corporation, effective today. In commenting on the transaction, Mr. Frederico said, "Capital Re will facilitate ACE's product development to meet the diverse needs of today's marketplace and further enhance our capabilities to address the convergence of financial products and insurance products." Capital Re is a specialty reinsurance group providing innovative solutions to problems of financial risk and risk management. Capital Re's two principal divisions, financial guaranty and financial risks, are engaged in the business of municipal and non-municipal financial guaranty reinsurance, mortgage guaranty reinsurance, title reinsurance, trade credit reinsurance, life, accident & health, annuity reinsurance and structured financial products. The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients. The ACE Group conducts its business on a global basis with operating subsidiaries in nearly 50 countries. Additional information can be found at: www.acelimited.com. CONTACT: ACE Limited, Hamilton Investor: Helen M. Wilson, 441/299-9283 or Media: Wendy Davis Johnson, 441/299-9347 Capital Re Corporation, New York David A. Buzen, 212/974-0100 or Cathy Bailey, 212/974-0100
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