-----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, HVDecguGFqH8tj5+HiA/UHoIZHuYe4eCGfWu+rWsuAUjUxlp6R9prHqMvnjT400I KmtKuaUPLM9khPPKLuhkMQ== 0000950162-01-000181.txt : 20010223 0000950162-01-000181.hdr.sgml : 20010223 ACCESSION NUMBER: 0000950162-01-000181 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20010214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ANNUITY & LIFE RE HOLDINGS LTD CENTRAL INDEX KEY: 0001051628 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-53943 FILM NUMBER: 1544164 BUSINESS ADDRESS: STREET 1: VICTORIA HALL STREET 2: VICTORIA STREET, PO BOX HM 1262 CITY: HAMILTON, HM BERMUDA BUSINESS PHONE: 4412951422 MAIL ADDRESS: STREET 1: VICTORIA HALL, VICTORIA STREET STREET 2: PO BOX HM 1262, HAMILTON, HM FX CITY: BERMUDA FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RISK CAPITAL REINSURANCE CO CENTRAL INDEX KEY: 0001082251 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 061430254 STATE OF INCORPORATION: NE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 20 HORSENECK LANE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 2038624300 MAIL ADDRESS: STREET 1: 20 HORSENECK LANE CITY: GREENWICH STATE: CT ZIP: 06830 SC 13G/A 1 0001.txt AMENDMENT NO. 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* ANNUITY & LIFE RE (HOLDINGS), LTD. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK (par value $1.00) - -------------------------------------------------------------------------------- (Title of Class of Securities) G03910109 - -------------------------------------------------------------------------------- (CUSIP Number) March 2, 2000 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise Page 1 of 9 CUSIP No. G03910109 subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Arch Reinsurance Company (f/k/a Risk Capital Reinsurance Company) 06-1430254 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Nebraska - -------------------------------------------------------------------------------- 5. Sole Voting Power 0 ----------------------------------------------------- Number of 6. Shared Voting Power Shares Beneficially 0 ---------------------------------------------------- Owned by Each 7. Sole Dispositive Power Reporting Person With: 0 ---------------------------------------------------- 8. Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 0 - -------------------------------------------------------------------------------- 10. Check box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 0% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) IC - -------------------------------------------------------------------------------- Page 2 of 9 CUSIP No. G03910109 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Arch Capital Group (U.S.) Inc. (f/k/a Risk Capital Holdings, Inc.) 061424716 - ------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- 5. Sole Voting Power 0 ----------------------------------------------------- Number of 6. Shared Voting Power Shares Beneficially 0 ----------------------------------------------------- Owned by Each 7. Sole Dispositive Power Reporting Person With: 0 ----------------------------------------------------- 8. Shared Dispositive Power 0 - -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 0 - -------------------------------------------------------------------------------- 10. Check box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 0 % - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) HC - -------------------------------------------------------------------------------- Page 3 of 9 Item 1(a). Name of Issuer: Annuity & Life Re (Holdings), Ltd. Item 1(b). Address of Issuer's Principal Executive Offices: 20 Horseneck Lane Greenwich, Connecticut 06830 Item 2(a). Name of Person Filing: This schedule is being filed jointly by: (i) Arch Reinsurance Company (ii) Arch Capital Group (U.S.) Inc. Item 2(b). Address of Principal Business Office: The address of principal business office for both (i) and (ii) is: 20 Horseneck Lane Greenwich, Connecticut 06830 Item 2(c). Citizenship: (i) Nebraska (ii) Delaware Item 2(d). Title of Class of Securities: Common Stock, par value $1.00 Item 2(e). CUSIP Number: G03910109 Item 3. If this statement is filed pursuant toss.ss.240.13d-1(b) or 240.13d-2(b) or (c), check whether the person is a: For (i): (c) /X/ Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). Page 4 of 9 For (ii): (g) /X/ A parent holding company or control person in accordance withss. 240.13d-1(b)(1)(ii)(G). Item 4. Ownership: The ownership for both (i) and (ii) is: (a) Amount beneficially owned: 0 (b) Percent of class: 0% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 0 (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 0 (iv) shared power to dispose or to direct the disposition of: 0 Arch Capital Group (U.S.) Inc. (f/k/a Risk Capital Holdings, Inc., "Arch Cap Group") and Arch Reinsurance Company (f/k/a Risk Capital Reinsurance Company, "Arch Re"), a wholly owned subsidiary of Arch Cap Group, entered into a Stock Repurchase Agreement dated as of January 17, 2000 (the "Repurchase Agreement") with XL Capital Ltd. ("XL") and Garrison Investments Inc., a wholly owned subsidiary of XL ("Garrison"), pursuant to which (i) Arch Re, on March 2, 2000 (the "Closing Date"), transferred to Arch Cap Group all of its interests in Annuity & Life Re (Holdings), Ltd. ("ALRE"), consisting of 1,418,440 shares of common stock, par value $1.00 per share (the "Common Stock") and 100,000 Class B Warrants to acquire shares of Common Stock (together with the Common Stock, the "Securities") and (ii) Arch Cap Group transferred the Securities, among other consideration, to Garrison in exchange for the transfer by Garrison to Arch Cap Group of all of the shares of Arch Cap Group then held by Garrison. For further information concerning the transfer of the Securities, please see Item 6. Item 5. Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [x]. Item 6. Ownership of More than Five Percent on Behalf of Another Person: Pursuant to Section 2(e)(ii) of the Repurchase Agreement, pending the receipt of the requisite regulatory and other approval to complete the transfer of the Securities to Garrison, Arch Cap Group has been the record owner of the Securities and has held Page 5 of 9 the Securities for the sole and exclusive benefit of XL and Garrison and has agreed to vote and transfer the Securities solely in accordance with the written instructions of XL and Garrison pursuant to a Voting and Disposition Agreement dated as of the Closing Date (the "Voting and Disposition Agreement") among Arch Cap Group, Arch Re, XL and Garrison. The Repurchase Agreement and Voting and Disposition Agreement are both filed as exhibits to the Current Report on Form 8-K of Arch Cap Group filed on January 18, 2000. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company: See Exhibit 1. Item 8. Identification and Classification of Members of the Group: Not applicable. Item 9. Notice of Dissolution of Group: Not applicable. Item 10. Certification: By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 14, 2001 ARCH REINSURANCE COMPANY By: /s/ Louis T. Petrillo --------------------------------------- Name: Louis T. Petrillo Page 6 of 9 Title: Senior Vice President, General Counsel and Secretary ARCH CAPITAL GROUP (U.S.) INC. By: /s/ Louis T. Petrillo --------------------------------------- Name: Louis T. Petrillo Title: Senior Vice President, General Counsel and Secretary Page 7 of 9 EXHIBIT INDEX TO SCHEDULE 13G Exhibit 1. Identity and classification of subsidiary. Page 8 of 9 EX-1 2 0002.txt IDENTITY AND CLASSIFICATION OF SUBSIDIARY EXHIBIT 1 IDENTITY AND CLASSIFICATION OF SUBSIDIARY Pursuant to the instructions to Item 7 of this Schedule 13G, the identity and the Item 3 classification of the relevant subsidiary are: Arch Reinsurance Company, 20 Horseneck Lane, Greenwich, Connecticut 06830, a wholly owned subsidiary of Arch Capital Group (U.S.) Inc., and an insurance company as defined in Section 3(a)(9) of the Securities Exchange Act of 1934 (15 U.S.C. 78c). Page 9 of 9 -----END PRIVACY-ENHANCED MESSAGE-----