KAYE GROUP INC
8-K, 2000-10-27
FIRE, MARINE & CASUALTY INSURANCE
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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) October 23, 2000


                                 KAYE GROUP INC.
             (Exact name of registrant as specified in its charter)


         Delaware                   0-21988                     13-3719772
(State of other jurisdiction      (Commission                  IRS Employer
of incorporation)                 File Number)               Identification No.)


                              122 East 42nd Street
                              New York, N.Y. 10168
               (Address of principal executive offices) (Zip Code)



Registrant's telephone number, including area code:  (212) 338-2100




Total number of pages filed including cover and under pages:  6

<PAGE>

                                 KAYE GROUP INC.

                                      INDEX




Item  5.  Other Events

          Kaye Group Inc. (the "Company") on October 23, 2000 reported 40% third
          quarter  EPS  growth;  Lawrence  Greenfield  re-appointed  to expanded
          Board.

          A Press Release  announcing the actions  described above was issued by
          the  Company on October  23,  2000 and is  attached  hereto as Exhibit
          99.7.

Item  7.  Financial Statements and Exhibits

          (a)  Not applicable

          (b)  Not applicable

          (c)  Exhibits

               99.7 Press Release dated October 23, 2000, issued by the Company.





<PAGE>

                                    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.

                                           KAYE GROUP INC.


                                           By:       /s/ Michael P. Sabanos
                                                    ----------------------------

                                           Name:    Michael P. Sabanos
                                           Title:   Executive Vice President &
                                                    Chief Financial Officer



Dated: October 27, 2000




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