UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): February 27, 1998
ESG RE LIMITED
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(Exact name of registrant as specified in its charter)
Bermuda 000-23481 Not Applicable
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(State or other (Commission File Number) (I.R.S. Employer
jurisdiction of Identification No.)
incorporation)
16 Church Street, Hamilton HM11, Bermuda
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(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code (441) 295-2185
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(Former name or former address, if changed since last report)
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Item 5. Other Events.
On February 27, 1998, the Board of Directors of the Registrant
accepted the resignation of Mr. Gerhard Jurk from the Board of Directors,
effective immediately, and resolved that Mr. Kenneth P. Morse replace him as a
Class 2 Director, to serve until the 1999 Annual General Meeting of the
Registrant and such time as his successor be duly elected and qualified. The
Directors further resolved to increase the size of the Board of Directors to
seven. The Directors further resolved that Steven H. Debrovner fill the
resulting vacancy on the Board of Directors as a Class 3 Director to serve until
the 2000 Annual General Meeting of the Registrant and such time as his successor
be duly elected and qualified.
Upon the foregoing actions by the Board of Directors of the
Registrant, the Registrant ceased to qualify as a foreign private issuer
pursuant to Rule 3b-4 under the Securities Exchange Act of 1934 and will
henceforth assume the status of a domestic private issuer of securities.
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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.
Date:March 10, 1998
ESG RE LIMITED
By: /s/ Wolfgang M. Wand
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Name: Wolfgang M. Wand
Title: Chief Executive Officer
