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PA Bulletin, Doc. No. 05-1062

NOTICES

INSURANCE DEPARTMENT

Proposed Acquisition of ACE American Reinsurance Company by Randall & Quilter Investment Holdings Limited; Notice of Public Informational Hearing

[35 Pa.B. 3188]

   The Insurance Department (Department) will hold a public informational hearing regarding the proposed acquisition of ACE American Reinsurance Company (AARE), a Pennsylvania domestic stock casualty insurance company, by Randall & Quilter Investment Holdings Limited (Randall & Quilter), a United Kingdom-based limited liability corporation. Randall & Quilter has requested approval to acquire control of all of the authorized capital stock of AARE in accordance with the terms of a Stock Purchase Agreement as filed with the Department (Form A Filing). The Form A Filing was submitted for approval under the Insurance Holding Companies Act (act) (40 P. S. §§ 991.1401--991.1413). Policyholders and interested persons are invited to attend and participate in the hearing. Individuals may attend the hearing without any obligation to speak at the hearing.

1.  Date and TimeJuly 12, 2005, at 9 a.m.
2.  Location:Hilton Harrisburg
One North Second Street
Harrisburg, PA 17101-1601

   3.  Nature of Hearing:  The public informational hearing will provide an opportunity for policyholders and interested persons to present comments relevant to the Form A Filing. The proceeding will be recorded and a transcript may be purchased directly from the court reporter.

   4.  Legal Authority:  The public informational hearing will be held under the provisions of the act.

   5.  ADA Notice:  Individuals with a disability who require the assistance of auxiliary aids or services to participate in or attend this public informational hearing should call the Director of the Bureau of Administration at (717) 787-4298. Individuals who are hearing impaired should call the Department's TTY/TDD telephone number (717) 783-3898.

   6.  Written Comments:  Individuals who are unable to attend the public informational hearing or who would prefer to submit written comments instead of speaking at the hearing concerning the Form A Filing may do so by mailing or delivering a copy of the comment to Robert E. Brackbill, Jr., Chief, Company Licensing Division, Insurance Department, 1345 Strawberry Square, Harrisburg, PA 17120, fax (717) 787-8557, rbrackbill@state.pa.us. Allcomments received will be part of the public record regarding this filing.

M. DIANE KOKEN,   
Insurance Commissioner

[Pa.B. Doc. No. 05-1062. Filed for public inspection May 27, 2005, 9:00 a.m.]


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