-----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, EVlwfClKOkqHqwCrGBNcy36IAGEZa6b13Q+365kR9gRpgt9vEAyYZHbjSDRh1u01 kmyn9D+mF7ZEZYGTCV0wwQ== 0000914039-98-000055.txt : 19980309 0000914039-98-000055.hdr.sgml : 19980309 ACCESSION NUMBER: 0000914039-98-000055 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980227 ITEM INFORMATION: FILED AS OF DATE: 19980306 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRENWICK GROUP INC CENTRAL INDEX KEY: 0000787952 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 061152790 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-14737 FILM NUMBER: 98559229 BUSINESS ADDRESS: STREET 1: ONE STATION PL STREET 2: METRO CENTER CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 2033535500 8-K 1 FORM 8-K 1 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): February 27, 1998 TRENWICK GROUP INC. (Exact Name of Registrant as Specified in Charter) Delaware 0-14737 06-1152790 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) Metro Center, One Station Place, Stamford, Connecticut 06902 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (203) 353-5500 2 Item 5. Other Events On February 27, 1998, the registrant issued a press release in which it announced its acquisition of SOREMA (UK) Limited. The acquisition, which received the approval of the United Kingdom's Department of Trade & Industry, was consummated pursuant to a Share Purchase Agreement entered into on January 16, 1998. The press release is attached hereto as Exhibit A. 3 SIGNATURE 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 hereunto duly authorized. Date: March 4, 1998 TRENWICK GROUP INC. By /s/ James F. Billett, Jr. ---------------------------------- James F. Billett, Jr. Chairman of the Board, President and Chief Executive Officer 4 EXHIBIT A Alan L. Hunte, Vice President, Chief Financial Officer and Treasurer (203) 353-5500 Trenwick Group Inc. February 27, 1998. . . Trenwick Group Inc. has completed its previously announced acquisition of SOREMA (UK) Limited, which will be re-named Trenwick International Ltd. The company, based in London, specializes in insurance and reinsurance underwriting on a worldwide basis. Trenwick International Ltd's capital will be doubled to approximately $125 million, and the company will be provided with a claims payment guarantee to further enhance security to policyholders. Trenwick believes that the acquisition is an excellent means of diversifying both geographically and structurally. Trenwick International's experienced team of underwriters specialize in shorter-tail classes of insurance and reinsurance of risks located outside the United States. Trenwick also believes that the acquisition of an established company in the London insurance market provides an opportune platform for further international expansion. Trenwick Group Inc. is a holding company whose principal subsidiary, Trenwick America Reinsurance Corporation, reinsures property and casualty risks written by U.S. insurance companies. Trenwick America Reinsurance Corporation is rated A+ (Superior) by A.M. Best Company and is assigned a claims-paying ability rating of A+ by Standard & Poor's. # # # # February 27, 1998 -----END PRIVACY-ENHANCED MESSAGE-----