UNITED STATES
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: August 27, 1999
GORAN CAPITAL, INC.
Jurisdiction of Incorporation:
Canada
Commission File Number IRS Employer Id. Number
No. 000-24366 Not Applicable
Address of Principal Executive Offices:
181 University Avenue
Box 11, Suite 1101
Toronto, Ontario M5H 3M7
4720 Kingsway Drive
Indianapolis, Indiana 46205
Telephone No.
(416) 594-1155 (Canada)
(317) 259-6400 (U.S.)
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ITEM 5. OTHER EVENTS.
The 10-Q/A is being filed due to correction of an accounting change in the 10-Q
for the period ended March 31, 1999. The error was related to the recording, in
the incorrect accounting period, of a net recoverable gain pertaining to a
retroactive reinsurance provision in a reinsurance contract for the crop
insurance operations of Symons International Group, Inc. The correction of the
error moves the timing of the recording of the gain from first quarter to second
quarter 1999. See the 10-Q/A filed with the SEC.
Goran Capital Inc.
By: /s/ Alan G. Symons
Alan G. Symons
Chief Executive Officer
Date: August 27, 1999