SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES AND EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): July 18, 1995
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THE SEIBELS BRUCE GROUP, INC.
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(Exact Name of Registrant as Specified in its Charter)
South Carolina 0-8804 57-0672136
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
1501 Lady Street (P.O. Box 1), Columbia, South Carolina 29201(2)
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(Address of Principle Executive Offices) (Zip Code)
Registrant's telephone number, including area code (803)748-2000
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Former Name or Former Address, if Changed Since Last Report
Item 5. Other Events
In conjunction with a request by the National Association of Security Dealers
to project net tangible assets at June 30, 1995, the Company has submitted
the attached forecasted results for the second quarter of 1995:
<TABLE>
<C> <S> <S>
THE SEIBELS BRUCE GROUP, INC.
PROFORMA FINANCIAL HIGHLIGHTS
($000 omitted)
1QTR 1995 2QTR 1995
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Premiums earned $ 3,499 $ 4,542
Fee income 5,796 4,195
Investment income 1,174 1,198
Realized gains 64 3
Other income 97 709
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Total revenue 10,630 10,647
Income (loss) before taxes (1,997) (950)
Provision for taxes 11 2
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Net income (loss) (2,008) (952)
Stock issued 5,321 0
Unrealized gains 559 1,905
Net tangible assets-begin 650 4,522
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Net tangible assets-end $ 4,522 $ 5,475
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrar has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
THE SEIBELS BRUCE GROUP, INC.
Date: July 18, 1995 By: /s/ Priscilla C. Brooks
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Priscilla C. Brooks
Corporate Secretary
