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| PMK > SEC Filings for PMK > Form 8-K on 3-Nov-2009 | All Recent SEC Filings |
3-Nov-2009
Entry into a Material Definitive Agreement, Results of Operations and Financial
As previously announced, on March 28, 2008, PMA Capital Corporation (the "Company") entered into a Stock Purchase Agreement (the "Agreement") with Armour Reinsurance Group Limited ("Armour Re"), a Bermuda-based corporation, pursuant to which Armour Re will purchase from the Company all of the issued and outstanding shares of PMA Capital Insurance Company, a Pennsylvania domestic property and casualty insurance company, PMA Re Management Company, a Pennsylvania corporation, and High Mountain Reinsurance, Ltd., a Cayman Islands exempted limited liability company. The closing of the sale and transfer of ownership are pending approval by the Pennsylvania Insurance Department.
Under the amended terms of the Agreement, the Agreement could have been terminated by either the Company or Armour Re if the closing of the sale had not occurred by October 31, 2009. On October 30, 2009, the Company and Armour Re amended the Agreement to extend the termination date to December 31, 2009.
On November 3, 2009, PMA Capital Corporation (the "Registrant") issued a news release regarding its Third Quarter 2009 results, a copy of which is furnished as Exhibit 99.1 hereto. Additionally, the Registrant's Third Quarter 2009 Statistical Supplement is furnished as Exhibit 99.2.
The information, including Exhibits 99.1 and 99.2 attached hereto, furnished under this Item 2.02 shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information furnished under this Item 2.02 shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as otherwise expressly stated in such filing.
(d) Exhibits.
Exhibit 99.1 PMA Capital Corporation News Release, dated November 3, 2009 Exhibit 99.2 PMA Capital Corporation Third Quarter 2009 Statistical Supplement |
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