United States Securities and Exchange Commission
Washington, D.C. 20549
Form 13F
Form 13F Cover Page
Report for the Calendar Quarter ended: March 31, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (check only one): [ ] Is a restatement
[ ] adds new holdings entries
Institutional Investment Manager Filing this Report:
Name: American Re Asset Management
Address: 100 Campus Drive, P.O. Box 939
Florham Park, NJ 07932-0939
The institutional investment manager filing this report
and the person by whom it is signed hereby represent
that the person signing the report is authorized to
submit it, that all information contained herein is true,
correct and complete, and that it is understood that
all required items, statements,schedules,lists, and tables,
are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Susan E. Saltus
Title: Managing Director
Phone: (973)360-3342
Signature, Place, and Date of Signing:
Susan E. Saltus, Florham Park, NJ, May 6, 1999
Report type (Check only one.):
[X] 13F Holdings Report
[ ] 13F Notice
[ ] 13F Combination Report
List of Other Managers Reporting for this Manger:
N/A
I am signing this report as required by the Securities
Exchange Act of 1934.
Form 13F Summary Page
Report Summary:
Number of Other Included Mangers: 0
Form 13F Information Table Entry Total: 128
Form 13F Information Table Value Total: $1,190,604
List of Other Included Managers:
N/A
<TABLE>
<S>Name of Issuer <C><C> ClaCUSIP<C> M<C>kt Val <C> Shares (a) <C>S(b) S(c)<C>
US WEST INC COM91273H101 17,730 322,003.00X 322,003.00
3COM CORP COM885535104 14,950 641,270.00X 641,270.00
ABBOTT LABS COM002824100 17,691 377,910.00X 377,910.00
AIR PRODS & CHEMS INC COM009158106 7,480 218,380.00X 218,380.00
AIRTOUCH COMMUNICATIONS COM00949T100 353 3,650.00X 3,650.00
ALBERTSON'S INC COM013104104 10,465 192,240.00X 192,240.00
AMERICA ON LINE COM02364J104 873 5,940.00X 5,940.00
AMERICAN EXPRESS COMPANY COM025816109 356 3,020.00X 3,020.00
AMERICAN HOME PRODUCTS CORP COM026609107 23,009 352,625.00X 352,625.00
AMERICAN INTERNATIONAL GROUP COM026874107 1,228 10,178.00X 10,178.00
AMERITECH CORPORATION COM030954101 426 7,400.00X 7,400.00
ANHEUSER BUSCH COS INC COM035229103 31,860 418,520.00X 418,520.00
APPLIED MATERIALS INC COM038222105 203 3,290.00X 3,290.00
AT&T CORP COM001957109 1,183 14,822.00X 14,822.00
BALTIMORE GAS & ELECTRIC COM059165100 4,371 172,270.00X 172,270.00
BANC ONE CORP COM06423A103 478 8,673.00X 8,673.00
BANKAMERICA CORP. (new) COM06605F102 896 12,687.00X 12,687.00
BANKBOSTON CORPORATION COM06605R106 19,219 443,735.00X 443,735.00
BAXTER INTERNATIONAL INC COM071813109 14,585 220,990.00X 220,990.00
BB&T CORP COM054937107 24,182 668,240.00X 668,240.00
BCE INC COM05534B109 21,086 475,850.00X 475,850.00
BEC ENERGY COM05538M101 5,606 152,535.00X 152,535.00
BECTON DICKINSON & CO COM075887109 17,169 448,115.00X 448,115.00
BELL ATLANTIC CORPORATION COM077853109 612 11,834.00X 11,834.00
BELLSOUTH CORP COM079860102 534 13,340.00X 13,340.00
BMC SOFTWARE INC COM055921100 6,855 184,967.50X 184,967.50
BOEING COMPANY COM097023105 221 6,508.00X 6,508.00
BRISTOL-MYERS SQUIBB COMPANY COM110122108 25,173 392,560.00X 392,560.00
BURLINGTON NORTHERN SANTA FE C COM12189T104 11,693 355,690.00X 355,690.00
CAMPBELL SOUP CO COM134429109 18,061 443,885.00X 443,885.00
CARDINAL HEALTH INC COM14149Y108 222 3,360.00X 3,360.00
CHASE MANHATTAN CORP COM16161A108 33,513 411,828.00X 411,828.00
CHEVRON CORP COM166751107 20,913 235,640.00X 235,640.00
CISCO SYSTEMS INC COM17275R102 1,166 10,645.00X 10,645.00
CITIGROUP INC COM172967101 20,462 320,340.00X 320,340.00
COCA COLA CO COM191216100 1,047 17,060.00X 17,060.00
COMPAQ COMPUTER CORP COM204493100 18,469 582,828.00X 582,828.00
COMPUTER SCIENCE COM205363104 13,531 245,185.00X 245,185.00
DAYTON HUDSON CORP COM239753106 7,146 107,250.00X 107,250.00
DELL COMPUTER CORP COM247025109 681 16,660.00X 16,660.00
DISNEY WALT CO COM254687106 431 13,840.00X 13,840.00
DOW CHEMICAL COM260543103 11,442 122,785.00X 122,785.00
DU PONT (EI) DE NEMOURS & CO COM263534109 447 7,700.00X 7,700.00
E M C CORP MASS COM268648102 411 3,220.00X 3,220.00
EMERSON ELEC CO COM291011104 12,838 242,510.00X 242,510.00
ENERGY EAST CORP. COM29266M109 14,963 284,660.00X 284,660.00
EQUITABLE COMPANIES COM29444G107 15,351 219,300.00X 219,300.00
EXXON CORP COM302290101 22,442 318,045.00X 318,045.00
FEDERAL HOME LN MTG CORP COM313400301 245 4,280.00X 4,280.00
FEDERAL NATL MTG ASSN COM313586109 583 8,420.00X 8,420.00
FIRST UNION CORP COM337358105 18,419 344,676.00X 344,676.00
FORD MOTOR CO COM345370100 444 7,830.00X 7,830.00
FORTUNE BRANDS INC COM349631101 20,403 529,950.00X 529,950.00
GALLAGHER (ARTHUR J. & CO) COM363576109 4,924 107,050.00X 107,050.00
GANNETT CO INC COM364730101 14,468 229,645.00X 229,645.00
GAP INC COM364760108 263 3,900.00X 3,900.00
GENERAL ELECTRIC COMPANY COM369604103 2,616 23,650.00X 23,650.00
GENERAL MOTORS CORP COM370442105 357 4,100.00X 4,100.00
GILLETTE COMPANY COM375766102 434 7,300.00X 7,300.00
GPU INC COM36225X100 13,532 362,675.00X 362,675.00
GTE CORP COM362320103 17,012 281,190.00X 281,190.00
HARTFORD LIFE CLASS A COM416592103 20,550 373,645.00X 373,645.00
HEWLETT PACKARD CO COM428236103 561 8,270.00X 8,270.00
HOME DEPOT INC COM437076102 618 9,920.00X 9,920.00
HONEYWELL INC COM438506107 15,411 203,275.00X 203,275.00
IBM CORP COM459200101 22,111 124,745.00X 124,745.00
INGERSOLL RAND CO COM456866102 13,145 264,879.00X 264,879.00
INTEL CORPORATION COM458140100 1,397 11,750.00X 11,750.00
INTERPUBLIC GROUP COS INC COM460690100 23,801 305,630.00X 305,630.00
INTIMATE BRANDS COM461156101 19,980 415,175.00X 415,175.00
JOHNSON & JOHNSON COM478160104 19,563 209,225.00X 209,225.00
KIMBERLY CLARK CORP COM494368103 17,192 358,620.00X 358,620.00
KNIGHT RIDDER COM499040103 12,061 241,210.00X 241,210.00
LEXMARK INTERNATIONAL GROUP COM529771107 13,243 118,370.00X 118,370.00
LILLY ELI & CO COM532457108 641 7,550.00X 7,550.00
LOEWS CORP COM540424108 311 4,170.00X 4,170.00
LOWE'S COMPANIES INC COM548661107 17,699 292,540.00X 292,540.00
LUCENT TECHNOLOGIES INC COM549463107 959 8,882.00X 8,882.00
MASCO CORPORATION COM574599106 13,895 491,870.00X 491,870.00
MBNA CORP COM55262L100 15,572 652,222.00X 652,222.00
MCDONALDS CORP COM580135101 411 9,060.00X 9,060.00
MCGRAW HILL COM580645109 13,562 248,840.00X 248,840.00
MCI WORLDCOM INC COM55268B106 1,059 11,952.00X 11,952.00
MEDIAONE GROUP INC COM58440J104 251 3,950.00X 3,950.00
MEDTRONIC INC COM585055106 217 3,020.00X 3,020.00
MERCK & CO INC COM589331107 21,783 271,860.00X 271,860.00
MICROSOFT CORP COM594918104 3,139 35,020.00X 35,020.00
MOBIL CORP COM607059102 520 5,910.00X 5,910.00
MORGAN (JP) & CO INC COM616880100 207 1,680.00X 1,680.00
MORGAN STANLEY DEAN WITTER COM617446448 20,859 208,715.00X 208,715.00
MOTOROLA INC COM620076109 352 4,800.00X 4,800.00
NEWELL RUBBERMAID INC. COM651229106 242 5,087.00X 5,087.00
NORTHERN TELECOM LTD COM665815106 262 4,220.00X 4,220.00
OLD GUARD GROUP INC COM679783100 2,982 235,000.00X 85,000.00
ORACLE CORPORATION COM68389X105 8,416 319,088.00X 319,088.00
PEPSICO INC COM713448108 19,528 498,320.00X 498,320.00
PFIZER INC COM717081103 1,257 9,060.00X 9,060.00
PHARMACIA & UPJOHN INC COM716941109 575 9,225.00X 9,225.00
PHILIP MORRIS COS INC REDG COM718154107 13,732 390,250.00X 390,250.00
PROCTER & GAMBLE CO COM742718109 917 9,360.00X 9,360.00
RALSTON PURINA COMPANY COM751277302 14,063 526,955.00X 526,955.00
ROCKINGHAM HERITAGE BANK COM77347A107 121 11,493.00X 11,493.00
ROYAL DUTCH PETROLEUM COMPANY COM780257804 24,267 466,665.00X 466,665.00
SARA LEE CORP COM803111103 204 8,240.00X 8,240.00
SBC COMMUNICATIONS INC COM78387G103 15,674 332,168.00X 332,168.00
SCHERING-PLOUGH CORPORATION COM806605101 977 17,690.00X 17,690.00
SCHLUMBERGER LTD COM806857108 208 3,450.00X 3,450.00
SPRINT CORP COM852061100 355 3,620.00X 3,620.00
SUN MICROSYSTEMS INC COM866810104 34,228 273,690.00X 273,690.00
SUNTRUST BANKS COM867914103 248 3,980.00X 3,980.00
SYMANTEC CORP COM871503108 14,368 848,260.00X 848,260.00
TELLABS INC COM879664100 28,677 293,375.00X 293,375.00
TEXACO INC COM881694103 20,982 369,730.00X 369,730.00
TEXAS INSTRUMENTS INC COM882508104 247 2,490.00X 2,490.00
TIME WARNER INC COM887315109 533 7,530.00X 7,530.00
TJX COMPANIES INC COM872540109 16,772 493,295.00X 493,295.00
TRINITY INDUSTRIES COM896522109 11,032 375,550.00X 375,550.00
TYCO INTERNATIONAL LTD COM902124106 291 4,056.00X 4,056.00
UNILEVER N V COM904784501 278 4,180.00X 4,180.00
UNITED TECHNOLOGIES CORP COM913017109 211 1,560.00X 1,560.00
VIACOM INC COM925524308 201 2,390.00X 2,390.00
WAL-MART STORES INC COM931142103 18,032 195,600.00X 195,600.00
WARNER LAMBERT CO COM934488107 358 5,410.00X 5,410.00
WASHINGTON MUTUAL INC COM939322103 217 5,300.00X 5,300.00
WELLPOINT HEALTH NETWORKS COM94973H108 22,422 295,760.00X 295,760.00
WELLS FARGO COMPANY COM949746101 18,444 526,030.00X 526,030.00
XEROX CORP COM984121103 20,494 393,165.00X 393,165.00
1,190,60423,518,646.50
</TABLE>
