SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): January 15, 2004
AmerInst Insurance Group, Ltd.
(Exact name of registrant as specified in its charter)
Bermuda | 000-28249 | 98-020-7447 | ||
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (IRS Employer Identification No.) |
c/o USA Risk Group (Bermuda) Ltd.
Windsor Place, 18 Queen Street, 2nd Floor
P.O. Box HM 1601,
Hamilton, Bermuda HMGX
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (441) 296-3973
N/A
(Former name or former address, if changed since last report)
Item 5. Other Events.
On January 15, 2004, AmerInst Insurance Group, Ltd. (“AmerInst”) announced that its Board of Directors declared a special cash dividend of $10.50 per share payable on January 15, 2004, to shareholders of record on December 22, 2003. The Board of Directors also announced the receipt of a proposal regarding the purchase of all the outstanding shares of AmerInst, and the rejection of that proposal by the Board of Directors. AmerInst’s letter to its shareholders announcing these events is attached hereto as Exhibit 99.1 to this report, and is incorporated herein by this reference.
Item 7. Financial Statements and Exhibits.
(c) | Exhibits. |
Exhibit Number | Description of Exhibit | |
99.1 | Letter to shareholders announcing a special cash dividend and a rejected proposal to purchase all of the outstanding shares of AmerInst. |
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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.
Dated: January 30, 2004
AmerInst Insurance Group, Ltd. | ||
By: | /s/ STUART H. GRAYSTON | |
Stuart H. Grayston | ||
President |
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