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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities and Exchange Act of 1934
DATE OF REPORT: FEBRUARY 15, 1999
(date of earliest event reported)
AMERUS LIFE HOLDINGS, INC.
(Exact name of Registrant as specified in its charter)
IOWA 0-21459 42-1459712
(State or Other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation) Identification No.)
699 WALNUT STREET
DES MOINES, IOWA 50309-3948
(Address of Principal Executive Offices) (Zip Code)
(515) 362-3600
(Registrant's telephone number, including area code)
ITEM 5. OTHER EVENTS.
Please see the News Release attached hereto as Exhibit 99.1.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
AMERUS LIFE HOLDINGS, INC.
By: /s/ Michael G. Fraizer
---------------------------
Michael G. Fraizer
Senior Vice President and
Chief Financial Officer
Dated: February 19, 1999
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[News Release] Exhibit 99.1
AMERICAN MUTUAL HOLDING COMPANY
ANNOUNCES DEMUTUALIZATION STUDY
DES MOINES, Iowa, February 15, 1999 - American Mutual Holding Company
("American Mutual"), a mutual insurance holding company and the controlling
shareholder of AmerUs Life Holdings, Inc. (NYSE:AMH), today announced that its
board of directors has authorized management to review the potential benefits of
a demutualization of American Mutual. American Mutual is owned by its members
who are also policyowners of AmerUs Life Insurance Company, a wholly-owned
subsidiary of AmerUs Life Holdings, Inc.
Roger K. Brooks, chairman, president and chief executive officer of
American Mutual said, "We converted to a mutual insurance holding company three
years ago because it provided the structural flexibility as well as the access
to capital we needed to compete effectively. The mutual holding company served
us well in the execution of our growth strategy. Since that time, however, many
changes have occurred within our company and the financial services industry,
and the board believes this is the right time to review our corporate structure
to determine if a full demutualization would better serve the needs of the
Company going forward."
The Company expects to complete the study and make a final decision in
the second quarter of 1999. Any demutualization plan would be subject to
approval by the board of directors, regulators and American Mutual members.
American Mutual Holding Company was formed in 1996 when AmerUs Life
Insurance Company was reorganized into a stock insurance company. It was the
first mutual insurance holding company established in the United States.
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