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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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) December 3, 1999
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AmerInst Insurance Group, Ltd.
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(Exact name of registrant as specified in its charter)
Bermuda 000-28249 98-020-7447
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
No. 2 Reid Street Hamilton, Bermuda HM 11
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(Address of principal executive offices)
Registrant's telephone number, including area code (441) 292-4364
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N/A
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(Former name or former address, if changed since last report.)
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Item 2. Acquisition or Disposition of Assets.
On December 2, 1999, Amerinst Insurance Group, Ltd. (the "Company"),
consummated an Exchange Agreement with AmerInst Insurance Group, Inc., a
Delaware corporation ("AIIG"), pursuant to which AIIG exchanged all of its
assets and liabilities for common shares of the Company (the "Exchange").
Immediately following the consummation of the Exchange, AIIG was dissolved, and
common shares of the Company were issued to the holders of shares of common
stock of AIIG in a pro rata liquidating distribution. The Exchange is part of a
series of transactions involving the Company and AIIG, which are more fully
described in the Prospectus/Proxy Statement distributed to AIIG's shareholders
on or about July 2, 1999, which was a part of Amendment No. 3 to the Company's
Registration Statement on Form S-4, Registration No. 333-64929.
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.
AMERINST INSURANCE GROUP, INC.
December 3, 1999 By: /s/ Bruce Fenton
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Bruce Fenton
President
