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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
UNDER THE SECURITIES EXCHANGE ACT OF 1934
SCHEDULE 13G
(AMENDMENT NO. )
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
TIG HOLDINGS, INC.
(Name of Issuer)
COMMON STOCK, PAR VALUE, $.01 PER SHARE
(Title of Class of Securities)
872469101
(CUSIP Number)
1
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1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Jon W. Rotenstreich
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2) CHECK THE APPROPRIATE BOX IS A MEMBER OF A GROUP (a) ( )
(b) ( )
3) SEC USE ONLY
4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
5) SOLE VOTING POWER
NUMBER 3,993,308
OF
SHARES 6) SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY
EACH 7) SOLE DISPOSITIVE POWER
REPORTING 3,993,308
PERSON
WITH 8) SHARED DISPOSITIVE POWER
0
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
3,993,308
10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
( )
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 7.8%
12) TYPE OF REPORTING PERSON: INDIVIDUAL
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ITEM 1(A). NAME OF ISSUER: TIG Holdings, Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
65 East 55th Street
New York, New York 10022
ITEM 2(A). NAME OF PERSON FILING: Jon W. Rotenstreich
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
65 East 55th Street
New York, New York 10022
ITEM 2(C). CITIZENSHIP: United States
ITEM 2(D). TITLE OF CLASS OF SECURITIES: Common Stock, $.01 par value per share
ITEM 2(E). CUSIP NUMBER: 872469101
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULED 13D-1(B),
OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
(a) ( ) Broker or Dealer Registered Under Section 15 of the Act
(b) ( ) Bank as defined in section 3(a) (6) of the Act
(c) ( ) Insurance Company as defined in section 3(a) (19) of the Act
(d) ( ) Investment Company registered under section 8 of the
Investment Company Act
(e) ( ) Investment Adviser registered under section 203 of the
Investment Advisers Act of 1940
(f) ( ) Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund; see Section 240.13d-1(b)(ii)(F)
(g) ( ) Parent Holding Company, in accordance with
Section 240.13d-1(b) (ii) (G) (Note: See Item 7)
(h) ( ) Group, in accordance with Section 240.13d-1(b) (ii) (H)
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ITEM 4. OWNERSHIP.
(a) Amount beneficially owned: 3,993,308
(b) Percent of Class: 7.8%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 3,993,308
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition
of: 3,993,308
(iv) Shared power to dispose or to direct the disposition of: 0
ITEM 5. OWNERSHIP OF 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 five percent of the class of securities, check the
following: ( )
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
N/A
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
N/A
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
N/A
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
N/A
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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 purposes or effect.
SIGNATURE
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth
in this Statement is true, complete and correct.
Date: April 13, 1999
/s/Jon W. Rotenstreich
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JON W. ROTENSTREICH