-----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, IxdBwOEGgPtKdxxlRgmyBtmAlVe9ArNYSxdkX8Gk5S1ZNGNe6CAVgsp5Hp43uVSN mKdF8bQYdTGjLAEJGKfZrg== 0000896415-97-000030.txt : 19970222 0000896415-97-000030.hdr.sgml : 19970222 ACCESSION NUMBER: 0000896415-97-000030 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970213 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EXEL LTD CENTRAL INDEX KEY: 0000875159 STANDARD INDUSTRIAL CLASSIFICATION: SURETY INSURANCE [6351] IRS NUMBER: 980058718 FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-45271 FILM NUMBER: 97530227 BUSINESS ADDRESS: STREET 1: CUMBERLAND HOUSE STREET 2: 1 VICTORIA ST CITY: HAMILTON HM11 BERMUD STATE: D2 BUSINESS PHONE: 4412928515 MAIL ADDRESS: STREET 1: CAHILL GORDON & REINDEL(IMMANUEL KOHN) STREET 2: 80 PINE STREET CITY: NEW YORKI STATE: NY ZIP: 10005 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BARROW HANLEY MEWHINNEY & STRAUSS INC CENTRAL INDEX KEY: 0000313028 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 752403190 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 3232 MCKINNEY AVE STREET 2: 15TH FLOOR CITY: DALLAS STATE: TX ZIP: 75204-2429 BUSINESS PHONE: 2146651900 MAIL ADDRESS: STREET 1: 3232 MCKINNEY AVE STREET 2: 15TH FLOOR CITY: DALLAS STATE: TX ZIP: 75204-2429 SC 13G/A 1 SCHEDULE 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Rule 13d-102) Information Statement Pursuant to Rules 13d-1 and 13d-2 Under the Securities Exchange Act of 1934 (Amendment No. 1)* Exel Limited --------------------------------------------------------------- (Name of Issuer) Common Stock ---------------------------------------------------------------- (Title of Class of Securities) G3242A10 ----------------------------- (CUSIP Number) *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 se urities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on 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 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). Page 1 of 4 Pages CUSIP No. G3242A10 13G Page 2 of 4 Pages 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Barrow, Hanley, Mewhinney & Strauss, Inc. 75-2403190 (a) [ ] 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (b) [ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION A Nevada corporation 5. SOLE VOTING POWER NUMBER OF Not Applicable SHARES BENEFICIALLY 6. SHARED VOTING POWER OWNED BY Not Applicable EACH REPORTING 7. SOLE DISPOSITIVE POWER PERSON Not Applicable WITH 8. SHARED DISPOSITIVE POWER Not Applicable 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Not Applicable 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ] CERTAIN SHARES* 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) Not Applicable 12. TYPE OF REPORTING PERSON* IA *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 of 4 Pages SCHEDULE 13G ------------ Item 1(a) Name of Issuer: Exel Limited 1(b) Address of Issuer's Principal Executive Offices: Cumberland House 9th Floor 1 Victoria Street Hamilton, Bermuda HMII Item 2(a) Name of Person Filing: Barrow, Hanley, Mewhinney & Strauss, Inc. 2(b) Address of Principal Business Office or, if none, Residence: One McKinney Plaza 3232 McKinney Avenue, 15th Floor Dallas, TX 75204-2429 2(c) Citizenship: A Nevada corporation 2(d) Title of Class of Securities: Common Stock 2(e) CUSIP Number: G3242A10 Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b):The reporting person is an Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940. Item 4 Ownership: 4(a) Amount beneficially owned: Not Applicable 4(b) Percent of Class: Not Applicable 4(c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Not Applicable Page 3 of 4 Pages (ii) shared power to vote or to direct the vote: Not Applicable (iii) sole power to dispose or to direct the disposition of: Not Applicable (iv) shared power to dispose or to direct the disposition of: Not Applicable 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: Not Applicable. Item 7 Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company: Not Applicable. 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 the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. BARROW, HANLEY, MEWHINNEY & STRAUSS, INC. By:/s/ Bryant M. Hanley, Jr. ------------------------- Name: Bryant M. Hanley, Jr. Title: President February 13, 1997 Page 4 of 4 Pages -----END PRIVACY-ENHANCED MESSAGE-----