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) May 16, 2002
Trenwick America Corporation
(Exact Name of Registrant as Specified in its Charter)
Delaware 0-31967 06-1087672
State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
One Canterbury Green
Stamford, Connecticut 06901
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (203)353-5500
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. - Other Events
Trenwick Group Ltd. ("Trenwick") and its wholly owned subsidiary, LaSalle
Re Limited ("LaSalle"), entered into a Transfer and Purchase Agreement, a Quota
Share Retrocession Agreement, a Bill of Sale and Assignment Agreement, an
Administrative Services Agreement and an Assignment of Reinsurance Recoverables
and Other Receivables, each dated as of May 16, 2002, pursuant to which Trenwick
and LaSalle sold to Endurance Specialty Insurance Ltd. the in-force property
catastrophe business as of April 1, 2002 of LaSalle.
On May 16, 2002, Trenwick issued a press release announcing the
transaction. A copy of the press release is filed herewith as Exhibit 99.6 and
is incorporated by reference herein.
Item 7. Financial Statements and Exhibits
(c) Exhibits
99.1 Transfer and Purchase Agreement, dated as of May 16, 2002, by and among
Trenwick Group Ltd., LaSalle Re Limited and Endurance Specialty Insurance
Ltd.
99.2 Quota Share Retrocession Agreement, dated as of May 16, 2002, by and
between LaSalle Re Limited and Endurance Specialty Insurance Ltd.
99.3 Bill of Sale and Assignment Agreement, dated as of May 16, 2002, by and
between LaSalle Re Limited and Endurance Specialty Insurance Ltd.
99.4 Administrative Services Agreement, dated as of May 16, 2002, by and
between LaSalle Re Limited and Endurance Specialty Insurance Ltd.
99.5 Assignment of Reinsurance Recoverables and Other Receivables, dated as of
May 16, 2002, by LaSalle Re Limited to Endurance Specialty Insurance Ltd.
99.6 Press release of Trenwick Group Ltd. issued May 16, 2002.
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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.
TRENWICK AMERICA CORPORATION
By: /s/ Stephen H. Binet
------------------------
Stephen H. Binet
President and Chief Executive Officer
Dated: May 22, 2002
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EXHIBIT INDEX
Exhibit Description of Exhibit
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99.1 Transfer and Purchase Agreement, dated as of May 16, 2002, by and among
Trenwick Group Ltd., LaSalle Re Limited and Endurance Specialty Insurance
Ltd.
99.2 Quota Share Retrocession Agreement, dated as of May 16, 2002, by and
between LaSalle Re Limited and Endurance Specialty Insurance Ltd.
99.3 Bill of Sale and Assignment Agreement, dated as of May 16, 2002, by and
between LaSalle Re Limited and Endurance Specialty Insurance Ltd.
99.4 Administrative Services Agreement, dated as of May 16, 2002, by and
between LaSalle Re Limited and Endurance Specialty Insurance Ltd.
99.5 Assignment of Reinsurance Recoverables and Other Receivables, dated as of
May 16, 2002, by LaSalle Re Limited to Endurance Specialty Insurance Ltd.
99.6 Press release of Trenwick Group Ltd. issued May 16, 2002.