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) November 4, 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 (Former Name or Former Address, if Changed Since Last Report) - -------------------------------------------------------------------------------- Item 5. - Other Events On November 4, 2002, Trenwick Managing Agents Limited, a subsidiary of Trenwick Group Ltd. ("Trenwick"), executed a letter agreement with National Indemnity Company, a member of the Berkshire Hathaway group of insurance companies. In the letter agreement, National Indemnity Company agreed to provide to Trenwick's Lloyd's Syndicate 839 (pound)100 million in capital and a (pound)30 million qualifying quota share reinsurance facility for the 2003 year of account. The capital is to be applied to the aviation insurance segment of Syndicate 839's business. In consideration of National Indemnity Company's commitment to provide capital to Syndicate 839 for the 2003 year of account, Trenwick Managing Agents will pay National Indemnity Company a commitment fee of (pound)3 million through adjustment to the terms of the qualifying quota share reinsurance facility between Trenwick Managing Agents and National Indemnity Company for the 2002 year of account. On November 4, 2002, Trenwick issued a press release announcing the transaction with National Indemnity Company. A copy of the press release is filed herewith as Exhibit 99.2 and is incorporated by reference herein. Item 7. Financial Statements and Exhibits (c) Exhibits 99.1 Letter Agreement, dated as of November 1, 2002, between Trenwick Managing Agents Limited and National Indemnity Company. 99.2 Press release of Trenwick Group Ltd. issued November 4, 2002. 2 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: November 5, 2002 3 EXHIBIT INDEX Exhibit Description of Exhibit - ------ ---------------------- 99.1 Letter Agreement, dated as of November 1, 2002, between Trenwick Managing Agents Limited and National Indemnity Company. 99.2 Press release of Trenwick Group Ltd. issued November 4, 2002.