Form 8-K

 

 

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 (Date of earliest event reported): June 21, 2012

 

 

Enstar Group Limited

(Exact name of registrant as specified in its charter)

 

 

 

Bermuda   001-33289   N/A

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

P.O. Box HM 2267, Windsor Place, 3rd Floor

18 Queen Street, Hamilton HM JX Bermuda

  N/A
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (441) 292-3645

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 4.01. Changes in Registrant’s Certifying Accountant.

(a) Dismissal of Independent Accountant Previously Engaged as Principal Accountant.

As previously reported in Item 4.01 of the Current Report on Form 8-K filed by Enstar Group Limited (the “Company”) on April 20, 2012 (the “Original 8-K”), at its meeting on April 17, 2012, the Audit Committee of the Board of Directors of the Company determined not to reappoint Deloitte & Touche Ltd., Bermuda (“Deloitte”), as the Company’s independent registered public accounting firm for the Company’s 2012 fiscal year. The additional information set forth in Item 4.01(a) of the Original 8-K is incorporated by reference herein.

In accordance with Item 304(a)(3) of Regulation S-K, the Company provided Deloitte a copy of the disclosures it is making in this Current Report on Form 8-K prior to filing it with the Securities and Exchange Commission (the “Commission”) and requested that Deloitte furnish a letter addressed to the Commission stating whether or not it agrees with the above statements. A copy of Deloitte’s letter dated June 22, 2012 is filed as Exhibit 16.1 to this Current Report on Form 8-K.

(b) Engagement of New Independent Accountant as Principal Accountant.

At the Company’s 2012 Annual General Meeting held June 21, 2012 (the “Annual Meeting”), the Company’s shareholders approved the Audit Committee’s appointment of KPMG, a Bermuda partnership (“KPMG”), as the Company’s independent registered public accounting firm for the Company’s 2012 fiscal year. As previously reported in the Original 8-K, the Audit Committee appointed KPMG at its April 17, 2012 meeting, subject to the approval of the Company’s shareholders. The additional information set forth in Item 4.01(b) of the Original 8-K is incorporated by reference herein.

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

(a) On June 21, 2012, the Company held its Annual Meeting.

(b) At the Annual Meeting, the shareholders voted on the following four proposals and cast their votes as described below.

1. Proposal No. 1: Election of Class III Director. The individual listed below was elected to serve a term expiring at the annual general meeting of shareholders in 2015.

 

Director    For    Against    Abstain    Broker Non-Votes

Dominic F. Silvester

   9,504,098    1,325,884    4,415    1,664,455

2. Proposal No. 2: Advisory vote to approve executive compensation. This proposal was approved.

 

For   Against   Abstain   Broker Non-Votes
8,651,732   1,953,035   229,630   1,664,455

3. Proposal No. 3: Ratification of the selection of KPMG, a Bermuda partnership, to act as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2012 and authorization of the Board of Directors, acting through the Audit Committee, to approve the fees for the independent registered public accounting firm. This proposal was approved.

 

For   Against   Abstain   Broker Non-Votes
12,412,227   79,155   7,470   0

 

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4. Proposal No. 4: Election of subsidiary directors identified in Proposal No. 4 of the Company’s Proxy Statement. All of the individual subsidiary director nominees listed below received the same total number of votes; these vote totals are provided in the table that follows. The Company’s Board of Directors will cause its corporate representative or proxy to vote the shares it holds in its subsidiaries in the same proportion as the votes received at this Annual Meeting.

 

For    Against    Abstain    Broker Non-Votes
10,492,872    82,039    259,486    1,664,455

Subsidiary Director Nominees:

 

AG Australia Holdings Limited

Richard J. Harris

Nicholas A. Packer

Steven Given

Sandra O’Sullivan

Nicholas Hall

 

American Concept Insurance Company

Karl J. Wall

Robert Carlson

Joseph Follis

Donald Woellner

Donna L. Stolz

John A. Dore

Steven Given

 

Bantry Holdings Ltd.

Adrian C. Kimberley

Duncan M. Scott

David Rocke

 

B.H. Acquisition Limited

Richard J. Harris

Paul J. O’Shea

David Rocke

Adrian C. Kimberley

 

Blackrock Holdings Ltd.

Adrian C. Kimberley

Duncan M. Scott

David Rocke

 

Bosworth Run-off Limited

Alan Turner

Ludovic de Belleval

C. Paul Thomas

Brian J. Walker

 

Brampton Insurance Company Limited

Max Lewis

C. Paul Thomas

Alan Turner

Steven Western

 

Brittany Insurance Company Ltd.

Paul J. O’Shea

Richard J. Harris

Adrian C. Kimberley

David Rocke

Duncan M. Scott

 

Capital Assurance Company Inc.

Karl J. Wall

Robert Carlson

Andrea Giannetta

James Grajewski

Donna L. Stolz

Steven Given

 

Capital Assurance Services Inc.

Karl J. Wall

Robert Carlson

Andrea Giannetta

James Grajewski

Donna L. Stolz

 

Castlewood Limited

Adrian C. Kimberley

Duncan M. Scott

Elizabeth DaSilva

 

Cavell Holdings Limited

C. Paul Thomas

Alan Turner

 

Cavell Insurance Company Limited

Ian Millar

C. Paul Thomas

Alan Turner

 

Chatsworth Limited

Adrian C. Kimberley

David Rocke

Elizabeth DaSilva

Orla Gregory

Richard J. Harris

 

Church Bay Limited

Gary Potts

Jann Skinner

Bruce Bollom

Richard J. Harris

Nicholas A. Packer

 

Claremont Liability Insurance Company

Karl J. Wall

Robert Carlson

Joseph Follis

Andrea Giannetta

Donna L. Stolz

Steven Given

Donald Woellner

James Grajewski

 

Clarendon America Insurance Company

Karl J. Wall

Joseph Follis

Robert Carlson

Steven Given

Thomas Nichols

Robert Redpath

Michael Sheehan

 

Clarendon Holdings, Inc.

Karl J. Wall

Cheryl D. Davis

Donna L. Stolz

Robert Carlson

Steven Given

 

Clarendon National Insurance Company

Karl J. Wall

Joseph Follis

Robert Carlson

Steven Given

Thomas Nichols

Robert Redpath

Michael Sheehan

 

2


Clarendon Select Insurance Company

Karl J. Wall

Joseph Follis

Robert Carlson

Steven Given

Thomas Nichols

Robert Redpath

Michael Sheehan

 

CLIC Holdings, Inc.

Karl J. Wall

Donna L. Stolz

Robert Carlson

Cheryl D. Davis

Steven Given

 

Comox Holdings Ltd.

Ludovic de Belleval

Richard J. Harris

Adrian C. Kimberley

Jiro Kasahara

David Rocke

 

Compagnie Europeenne d’Assurances Industrielles S.A.

Nicholas A. Packer

C. Paul Thomas

Alan Turner

 

Constellation Reinsurance Company

Karl J. Wall

Robert Carlson

Thomas J. Balkan

Joseph Follis

Andrea Giannetta

Mark A. Kern

Raymond Rizzi

Teresa Reali

Donna L. Stolz

James Grajewski

Jay Banskota

Richard C. Ryan

Thomas Nichols

Steven Given

 

The Copenhagen Reinsurance Company

C. Paul Thomas

Alan Turner

 

The Copenhagen Reinsurance Company (UK) Limited

Alan Turner

C. Paul Thomas

Steven Western

 

Copenhagen Reinsurance Services Limited

Alan Turner

C. Paul Thomas

 

Courtenay Holdings Ltd.

Richard J. Harris

David Rocke

Adrian C. Kimberley

 

Cranmore Adjusters Limited

Phillip Cooper

David Ellis

C. Paul Thomas

Steven Norrington

Alan Turner

Mark Wood

 

Cranmore Adjusters (Australia) Pty Limited

Sandra O’Sullivan

Nicholas Hall

Steven Norrington

 

Cranmore (Asia) Limited

David Rocke

Elizabeth DaSilva

Adrian C. Kimberley

Duncan M. Scott

 

Cranmore Asia (Pte) Limited

Ian Belcher

Goh Mei Xuan Michelle

 

Cranmore (Bermuda) Limited

Adrian C. Kimberley

Elizabeth DaSilva

Duncan M. Scott

David Rocke

 

Cranmore (US) Inc.

Karl J. Wall

Cheryl D. Davis

Donna L. Stolz

Robert Carlson

Steven Given

 

Cumberland Holdings Ltd.

Adrian C. Kimberley

Richard J. Harris

Paul J. O’Shea

David Rocke

 

Electricity Producers Insurance Company (Bda) Limited

Paul J. O’Shea

Adrian C. Kimberley

David Rocke

Richard J. Harris

Orla Gregory

Duncan M. Scott

 

Enstar (EU) Finance Limited

C. Paul Thomas

Alan Turner

 

Enstar (EU) Holdings Limited

David Hackett

C. Paul Thomas

Alan Turner

 

Enstar (EU) Limited

David Atkins

David Grisley

David Hackett

Michael Lynagh

Duncan McLaughlin

Derek Reid

C. Paul Thomas

Alan Turner

 

Enstar Acquisition Ltd.

C. Paul Thomas

Alan Turner

 

Enstar Australia Holdings Pty Ltd.

Gary Potts

Jann Skinner

Bruce Bollom

Richard J. Harris

Nicholas A. Packer

 

Enstar Australia Limited

Nicholas A. Packer

Nicholas Hall

Sandra O’Sullivan

 

Enstar Brokers Limited

Richard J. Harris

Elizabeth DaSilva

Adrian C. Kimberley

David Rocke

 

3


Enstar Financial Services Inc.

Robert Carlson

Cheryl D. Davis

 

Enstar Financing Limited

Elizabeth DaSilva

Adrian C. Kimberley

Richard J. Harris

Duncan M. Scott

 

Enstar Group Operations Inc.

Robert Carlson

Cheryl D. Davis

 

Enstar Holdings (US) Inc.

Karl J. Wall

Cheryl D. Davis

Donna L. Stolz

Robert Carlson

Steven Given

Robert V. Deutsch

 

Enstar Insurance Management Services Ireland Limited

Nicholas A. Packer

Orla Gregory

Richard J. Harris

Kieran Hayes

 

Enstar Investment Management Ltd.

Richard J. Harris

Adrian C. Kimberley

Elizabeth DaSilva

 

Enstar Investments Inc.

Karl J. Wall

Cheryl D. Davis

Donna L. Stolz

Robert Carlson

Steven Given

 

Enstar Limited

Paul J. O’Shea

Richard J. Harris

Adrian C. Kimberley

David Rocke

Elizabeth DaSilva

 

Enstar New York, Inc.

Karl J. Wall

Cheryl D. Davis

Donna L. Stolz

Robert Carlson

Steven Given

 

Enstar (US) Inc.

Karl J. Wall

Cheryl D. Davis

Donna L. Stolz

Robert Carlson

Steven Given

 

Enstar USA Inc.

Robert Carlson

Cheryl D. Davis

Karl J. Wall

 

Fieldmill Insurance Company Limited

Ian Millar

C. Paul Thomas

Alan Turner

 

Fitzwilliam Insurance Limited

Paul J. O’Shea

Richard J. Harris

Adrian C. Kimberley

David Rocke

Nicholas A. Packer

 

Flatts Limited

C. Paul Thomas

Alan Turner

 

Forsakringsaktiebolaget Assuransinvest MF

Mats Höglund

C. Paul Thomas

Alan Turner

Nicholas A. Packer

 

Gordian Runoff Limited

Gary Potts

Jann Skinner

Bruce Bollom

Richard J. Harris

Nicholas A. Packer

 

Goshawk Dedicated Ltd.

C. Paul Thomas

Alan Turner

 

Goshawk Holdings (Bermuda) Limited

Adrian C. Kimberley

Orla Gregory

David Rocke

Richard J. Harris

 

Goshawk Insurance Holdings Limited

C. Paul Thomas

Alan Turner

 

Guildhall Insurance Company Limited

C. Paul Thomas

Paul Carruthers

Alan Turner

 

Harbor Specialty Insurance Company

Karl J. Wall

Joseph Follis

Robert Carlson

Steven Given

Thomas Nichols

Robert Redpath

Michael Sheehan

 

Harper Holdings SARL

Nicholas A. Packer

John Cassin

 

Harper Insurance Limited

Michael H.P. Handler

Stefan Wehrenberg

Dr. Florian von Meiss

Richard J. Harris

Andreas K. Iselin

 

Harrington Sound Limited

Richard J. Harris

Nicholas A. Packer

Nicholas Hall

Sandra O’Sullivan

 

Hillcot Holdings Ltd.

Paul J. O’Shea

Adrian C. Kimberley

Richard J. Harris

 

Hillcot Re Limited

Ian Millar

C. Paul Thomas

Alan Turner

 

Hillcot Underwriting Management Limited

C. Paul Thomas

Alan Turner

 

Hove Holdings Limited

Richard J. Harris

Adrian C. Kimberley

David Rocke

Elizabeth DaSilva

 

Hudson Reinsurance Company Limited

Paul J. O’Shea

Richard J. Harris

Adrian C. Kimberley

David Rocke

Duncan M. Scott

 

Inter-Ocean Holdings Ltd.

Adrian C. Kimberley

Duncan M. Scott

Richard J. Harris

Orla Gregory

 

4


Inter-Ocean Reinsurance Company Ltd.

Adrian C. Kimberley

Duncan M. Scott

Richard J. Harris

Paul J. O’Shea

Orla Gregory

 

Inter-Ocean Reinsurance (Ireland) Ltd.

Richard J. Harris

Orla Gregory

Kevin O’Connor

 

Kenmare Holdings Ltd.

Richard J. Harris

Paul J. O’Shea

Adrian C. Kimberley

Dominic F. Silvester

David Rocke

Nicholas A. Packer

 

Kinsale Brokers Limited

Philip Hernon

C. Paul Thomas

Alan Turner

 

Knapton Holdings Limited

C. Paul Thomas

Alan Turner

 

Knapton Insurance Limited

Jeremy Riley

C. Paul Thomas

Alan Turner

Brian J. Walker

 

Laguna Life Limited

Orla Gregory

Paul J. O’Shea

Nicholas A. Packer

Richard J. Harris

Kieran J. Hayes

David Allen

Alastair Nicoll

 

Longmynd Insurance Company Limited

Ian Millar

C. Paul Thomas

Alan Turner

 

Marlon Insurance Company Limited

C. Paul Thomas

Alan Turner

Steven Western

 

Marlon Management Services Limited

C. Paul Thomas

Alan Turner

 

Mercantile Indemnity Company Limited

Ian Millar

C. Paul Thomas

Alan Turner

Brian J. Walker

 

Mongard Ltd.

Adrian C. Kimberley

Duncan M. Scott

Orla Gregory

Richard J. Harris

 

Nordic Run-Off Limited

C. Paul Thomas

Alan Turner

 

New Castle Reinsurance Company Ltd.

Richard J. Harris

Adrian C. Kimberley

Paul J. O’Shea

David Rocke

 

Northshore Holdings Limited

Elizabeth DaSilva

Richard J. Harris

Adrian C. Kimberley

 

Oceania Holdings Ltd.

Richard J. Harris

Adrian C. Kimberley

David Rocke

 

Overseas Reinsurance Corporation Limited

Adrian C. Kimberley

Paul J. O’Shea

Richard J. Harris

David Rocke

 

Paget Holdings GmbH Limited

David Rocke

Paul J. O’Shea

Richard J. Harris

Adrian C. Kimberley

 

Providence Washington Holdings, Inc.

Karl J. Wall

Robert Carlson

Donald Woellner

Donna L. Stolz

Steven Given

 

Providence Washington Insurance Company

Karl J. Wall

Robert Carlson

Joseph Follis

Donald Woellner

Donna L. Stolz

John A. Dore

Steven Given

 

Providence Washington Insurance Solutions, LLC

Karl J. Wall

Robert Carlson

Cheryl D. Davis

Donna L. Stolz

Steven Given

 

PWAC Holdings Inc.

Karl J. Wall

Cheryl D. Davis

Donna L. Stolz

Robert Carlson

Steven Given

 

PW Acquisition Co.

Karl J. Wall

Robert Carlson

Donald Woellner

Donna L. Stolz

Steven Given

 

PW Holdings, Inc.

Karl J. Wall

Robert Carlson

Donald Woellner

Donna L. Stolz

Steven Given

 

Regis Agencies Limited

C. Paul Thomas

Alan Turner

 

Revir Limited

Richard J. Harris

Elizabeth DaSilva

Adrian C. Kimberley

David Rocke

 

River Thames Insurance Company Limited

Max Lewis

Ian Millar

C. Paul Thomas

Alan Turner

 

5


Rombalds Limited

C. Paul Thomas

Alan Turner

 

Rosemont Reinsurance Ltd.

Paul J. O’Shea

Orla Gregory

Richard J. Harris

Adrian C. Kimberley

David Rocke

 

Royston Holdings Ltd.

Adrian C. Kimberley

Richard J. Harris

David Rocke

Duncan M. Scott

 

Royston Run-off Ltd.

C. Paul Thomas

Alan Turner

 

Seaton Insurance Company

Karl J. Wall

Robert Carlson

Joseph Follis

Andrea Giannetta

Donna L. Stolz

Steven Given

 

SGL No. 1 Ltd.

Richard J. Harris

Timothy Hanford

C. Paul Thomas

 

SGL No. 3 Ltd.

Richard J. Harris

Timothy Hanford

 

Shelbourne Group Limited

Timothy Hanford

Richard J. Harris

Philip Martin

C. Paul Thomas

Paul J. O’Shea

Nicholas A. Packer

 

Shelbourne Syndicate Services Limited

Norman Bernard

Paul Carruthers

Andrew Elliot

Ewen Gilmour

Timothy Hanford

Richard J. Harris

Philip Martin

C. Paul Thomas

Paul J. O’Shea

Nicholas A. Packer

Darren S. Truman

 

Shelly Bay Holdings Limited

Nicholas A. Packer

Richard J. Harris

Sandra O’Sullivan

Nicholas Hall

 

Simcoe Holdings Ltd.

Richard J. Harris

Adrian C. Kimberley

David Rocke

Elizabeth DaSilva

 

Sun Gulf Holdings, Inc.

Karl J. Wall

Robert Carlson

Cheryl D. Davis

Donna L. Stolz

Steven Given

 

Sundown Holdings Limited

Adrian C. Kimberley

David Rocke

Richard J. Harris

 

TGI Australia Limited

Gary Potts

Jann Skinner

Bruce Bollom

Richard J. Harris

Nicholas A. Packer

 

Unionamerica Acquisition Company Limited

C. Paul Thomas

Alan Turner

 

Unionamerica Holdings Limited

C. Paul Thomas

Alan Turner

 

Unionamerica Insurance Company Limited

Jeremy Riley

C. Paul Thomas

Paul Carruthers

Alan Turner

 

Unione Italiana (UK) Reinsurance Company Limited

Ian Millar

C. Paul Thomas

Alan Turner

 

Virginia Holdings Ltd.

Richard J. Harris

Adrian C. Kimberley

David Rocke

 

York Insurance Company

Karl J. Wall

Robert Carlson

Joseph Follis

Donald Woellner

Donna L. Stolz

John A. Dore

Steven Given

 

6


Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

 

Exhibit
Number

  

Description

16.1    Letter of Deloitte & Touche Ltd., Bermuda, dated June 22, 2012.

 

7


SIGNATURES

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.

 

    ENSTAR GROUP LIMITED
Date: June 22, 2012    

By: /s/ Richard J. Harris

    Richard J. Harris
    Chief Financial Officer

 

8