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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities and Exchange Act of 1934
June 11, 1996
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Date of Report (Date of earliest event reported)
Everest Reinsurance Holdings, Inc.
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(Exact name of registrant as specified in its charter)
Delaware
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(State or other jurisdiction of incorporation)
1-13816
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(Commission File Number)
22-3263609
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(IRS Employer Identification Number)
3 Gateway Center
Newark, New Jersey 07102
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(Address of principal executive offices)
(201) 802-8000
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(Registrant's telephone number)
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ITEM 5. OTHER EVENTS
(a) On June 10, 1996, the registrant issued a news release announcing,
among other things, that John R. Dunne has become a director of the registrant.
A copy of the news release is filed herewith as Exhibit 99.1.
(b) At the annual general meeting of shareholders held on May 23,
1996, the shareholders approved a proposal to amend the registrant's Certificate
of Incorporation to change the registrant's name from Prudential Reinsurance
Holdings, Inc. to Everest Reinsurance Holdings, Inc. On May 24, 1996, an
amendment to the registrant's Certificate of Incorporation was filed with the
Delaware Secretary of State changing the registrant's name.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
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Exhibit No. Description
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99.1 News Release of the registrant,
dated June 10, 1996.
SIGNATURES
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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 thereunto duly authorized.
EVEREST REINSURANCE HOLDINGS, INC.
/s/ Janet Burak Melchione
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Janet Burak Melchione
Senior Vice President, General Counsel and
Secretary
Dated: June 11, 1996
EXHIBIT INDEX
Exhibit No. Description Page No.
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99.1 Press Release of the registrant, 3
dated June 10, 1996
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NEWS RELEASE
EVEREST REINSURANCE HOLDINGS, INC.
Three Gateway Center, Newark, N. J. 07102-4082
Contact:
Janet Burak Melchione For Immediate Release
Senior Vice President and
General Counsel 201.802.6996
EVEREST REINSURANCE NAMES NEW DIRECTOR
NEWARK, New Jersey (June 10, 1996) -- Everest Reinsurance Holdings, Inc.
announced today that it has named John R. Dunne to its Board of Directors.
Chairman and Chief Executive Officer Joseph V. Taranto said, "The Company will
benefit from John Dunne's broad experience, and we are pleased to have him join
our Board." Mr. Dunne is counsel to the Albany law firm of Whiteman, Osterman &
Hanna and has served both as a New York State Senator and as an assistant
attorney general in the United States Department of Justice. Mr. Dunne was also
named to the Board of the Company's principal operating subsidiary, Everest
Reinsurance Company.
Through its subsidiaries, Everest Reinsurance Company and Everest Reinsurance
Ltd., the Company provides reinsurance to property and casualty insurers both
domestically and in international markets. Its subsidiary, Prudential National
Insurance Company, which will soon be known as Everest National Insurance
Company, provides property and casualty insurance to policyholders in the United
States.
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