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) June 8, 1996
------------
ACE LIMITED
- --------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Cayman Islands 1-11778 Not Applicable
- --------------------------------------------------------------------
(State or other jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
The ACE Building
30 Woodbourne Avenue
Hamilton, Bermuda HM 08
- --------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including are code: (441) 295-5200
--------------
Not Applicable
- --------------------------------------------------------------------
(Former name or former address, if changed since last report)
Item 5. Other Events.
On June 8, 1996, ACE Limited (NYSE: ACL) ("ACE") sent a letter to Donald
Kramer, Co-Chairman of Tempest Reinsurance Company Limited ("Tempest"),
proposing an increase in the consideration to be paid to Tempest shareholders in
connection with its previously announced agreement to acquire Tempest.
On June 9, ACE issued a press release relating to the increased offer to
acquire Tempest.
Included as Exhibit 99.1 and 99.2 to this Current Report on Form 8-K is a
copy of the letter sent to Donald Kramer and the press release, respectively.
Item 7. Exhibits.
99.1 Letter, dated June 8, 1996, from Brian Duperreault, Chairman,
President and Chief Executive Officer of ACE Limited, to Donald
Kramer, Co-Chairman of Tempest Reinsurance Company Limited.
99.2 Press Release, dated June 9, 1996.
2
SIGNATURES
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 thereunto duly authorized.
Dated: June 10, 1996
ACE LIMITED
By: /s/ Christopher Z. Marshall
----------------------------
Christopher Z. Marshall
Executive Vice President and
Chief Financial Officer
3
EXHIBIT INDEX
Exhibit Sequential
Number Description Page No.
- ------- ----------- ----------
99.1 Letter, dated June 8, 1996, from Brian Duperreault,
Chairman, President and Chief Executive Officer
of ACE Limited, to Donald Kramer, Co-Chairman of
Tempest Reinsurance Company Limited.
99.2 Press Release, dated June 9, 1996