LASALLE RE HOLDINGS LTD
NT 10-Q, 2000-11-14
FIRE, MARINE & CASUALTY INSURANCE
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 12b-25

                           Commission File No. 1-12823


                           NOTIFICATION OF LATE FILING

(Check One) [ ] Form 10-K  [ ] Form 20-F  [ ] Form 11-K
                 [X ] Form 10-Q  [ ] Form N-SAR

 For Period Ended September 30, 2000


             READ ATTACHED INSTRUCTION SHEET BEFORE PREPARING FORM.
                              PLEASE PRINT OR TYPE

Nothing in the form shall be construed to imply that the Commission has verified
any information contained herein.

If the notification  relates to a portion of the filing checked above,  identify
the item(s) to which the notification relates:


PART I  - REGISTRANT INFORMATION:

                           LaSalle Re Holdings Limited
                           ---------------------------
                            (Full name of registrant)

         Bermuda                                     Not applicable
         -------                                     --------------
(State or other jurisdiction of          (I.R.S. Employer Identification Number)
incorporation or organization)

                              Continental Building
                                25 Church Street
                                ----------------
                     (Address of principal executive office
                               street and number)

                                  Hamilton HM12
                                     Bermuda
                                     -------
                           (City, state and zip code)

PART II  - RULES 12b-25(b) and (c)

If the subject report could not be filed without  unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check appropriate box).

                                       1
<PAGE>

[X] (a)    The   reasons  described in   reasonable  detail  in Part III of this
           form could not be eliminated without unreasonable effort  or expense;

[X] (b)    The   subject   annual report,  semi-annual report, transition report
           on Form 10-K,  10-KSB 20-F,  11-K or Form N-SAR,  or portion  thereof
           will be filed on or before the  fifteenth  calendar day following the
           prescribed  due date; or the subject  quarterly  report or transition
           report on Form 10-Q,  10-QSB or portion  thereof  will be filed on or
           before the fifth calendar day following the prescribed due date; and

[ ] (c)    The  accountant's  statement or other exhibit required by
           Rule 12b-25(c) has been attached if applicable.

PART III  -  NARRATIVE

State below in reasonable  detail the reasons why the Form 10-K,  10-KSB,  11-K,
20-F, 10-Q,  10-QSB,  N-SAR, or the transition report or portion thereof,  could
not be filed within the prescribed time period.

Due to the  complexity of its recent  corporate  restructuring  and staffing and
other related time constraints,  the registrant is unable to obtain and properly
consolidate  the  detailed  financial  results  of  each of the  newly  combined
operating  divisions or subsidiaries in a timely manner.  The registrant intends
to file the prescribed report within the allowed extension period.

PART IV  - OTHER INFORMATION

(1)    Name   and  telephone  number  of  person  to  contact in  regard to this
       notification.

          Clare E. Moran              (441)                   292-3339
          --------------              -----                   --------
            (Name)                 (Area Code)            (Telephone Number)

(2)    Have all other periodic reports required under Section 13 or 15(d) of the
       Securities  Exchange Act of 1934 or Section 30 of the Investment  Company
       Act of 1940 during the  preceding  12 months or for such  shorter  period
       that the registrant  was required to file such  report(s) been filed?  If
       the answer is no, identify report(s).

          [X] Yes           [  ] No

(3)    Is it anticipated  that any  significant  change in results of operations
       from the corresponding  period for the last fiscal year will be reflected
       by the  earnings  statements  to be  included  in the  subject  report or
       portion thereof?

            [  ] Yes           [X] No

        If so, attach an explanation of the anticipated change, both narratively
       and  quantitatively,  and,  if  appropriate,  state  the  reasons  why  a
       reasonable estimate of the results cannot be made.

LaSalle Re Holdings  Limited has caused  this  notification  to be signed on its
behalf by the undersigned hereto duly authorized.

                                                    LaSalle Re Holdings Limited


                                                    By:  /s/ Guy D. Hengesbaugh
                                                        ------------------------
                                                        Guy D. Hengesbaugh
Dated: November 14, 2000                                President and Chief
                                                        Executive Officer


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