SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ___)
Executive Risk, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
301586103
(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 (the "Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act (however, see the
Notes).
(Continued on following pages)
Page 1 of 4 Pages
<PAGE>
CUSIP NO. 301586103 13G Page 2 of 4 Pages
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
OppenheimerFunds, Inc.
I.R.S. NO. 13-2527171
- ------ -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
------------------------------------------------------------
A
-------------
B X
-------------
- ------ ---- ------------- -------------
3 SEC USE ONLY
- ------ -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Colorado
- ------ -------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
-------- ---- ----------------------------------------------------------
6 SHARED VOTING POWER
0
-------- --------------------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
-------- --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
555,000
-------- ------------- -------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
555,000
------------- -------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
------------- -------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.14%
------------- -------------
12 TYPE OF REPORTING PERSON*
IA
- ------ -------- ------------- -------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
Item 1(a) Name of Issuer:
Executive Risk, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
82 Hopmeadow Street
Simsbury, CT 06070-7683
Item 2(a) Name of Person Filing:
OppenheimerFunds, Inc.
Item 2(b) Address of Principal Business Office:
Two World Trade Center, Suite 3400
New York, New York 10048-0203
Item 2(c) Citizenship:
Inapplicable
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
301586103
Item 3(e) X Investment Adviser registered under Section 203 of
---
the Investment
Advisers Act of 1940
Item 4(a) Amount Beneficially Owned: 555,000 shares
Item 4(b) Percent of Class: 5.14%
Item 4(c)(i) Sole Power to vote or to direct the vote - 0
Item 4(c)(ii) Shared power to vote or to direct the vote - 0
Item 4(c)(iii) Sole power to dispose or to direct the disposition of - 0
Item 4(c)(iv) Shared power to dispose or to direct the disposition of -
555,000 shares
Page 3 of 4 Pages
<PAGE>
Item 5 Ownership to Five Percent or Less of a Class:
--------------------------------------------
If this statement is being filed to report the fact that as
of the date hereof, the reporting person has ceased to be
the beneficial owner of more than 5% of the class of
securities, check the following:
Item 6 Ownership of More than Five Percent on Behalf of Another
----------------------------------------------------------
Person:
Inapplicable
Item 7 Identification and Classification of the Subsidiary Which
---------------------------------------------------------
Acquired the Security
Being Reported on By the Parent Holding Company:
Inapplicable
Item 8 Identification and Classification of Members of the Group:
---------------------------------------------------------
Inapplicable
Item 9 Notice of Dissolution of Group:
------------------------------
Inapplicable
Item 10 Certification:
By signing below, I certify that, to the best of my
knowledge and belief, the securities referred to above were
acquired in the ordinary course of business and were not
acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such
securities and were not acquired in connection with or as a
participant in any transaction having such purpose or
effect.
SIGNATURE After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
Date: February 9, 1998
Signature: /s/ Merryl Hoffman
Name/Title: Merryl Hoffman, Vice President
sec\execu\13g
Page 4 of 4 Pages
