CPHL Castlepoint Holdings Ltd (MM)

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

 Bermuda 001-33374 n/a
--------------------------------------------------------------------------------
 (State or other jurisdiction Commission File (IRS Employer
 of incorporation) Number: Identification No.)

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 240.133-4(c))

ITEM 1.01 ENTRY INTO MATERIAL DEFINITIVE AGREEMENT

CastlePoint Holdings, Ltd. ("CastlePoint") previously announced in a current report on Form 8-K dated August 27, 2008 that its Bermuda based subsidiary, CastlePoint Reinsurance Company, Ltd. ("CPRe"), had entered into a definitive Stock Purchase Agreement to purchase all of the issued and outstanding shares of the common stock of HIG, Inc. ("Hermitage"), and had entered into a definitive Asset Purchase Agreement with Tower Insurance Company of New York, Tower National Insurance Company, Tower National Insurance Company, Preserver Insurance Company, Mountain Valley Insurance Company, Northeast Insurance Company, and Tower Risk Management Corp., each a subsidiary of Tower Group, Inc. ("Tower") to sell the operating assets of Hermitage to Tower's subsidiaries.

The Stock Purchase Agreement and the Asset Purchase Agreement that CPRe has entered into in connection with those previously announced transactions are attached hereto as Exhibit 2.1 and Exhibit 2.2, respectively, each of which is incorporated herein in its entirety.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

Exhibit 2.1: Stock Purchase Agreement dated August 27, 2008 between CPRe,
 Hermitage, and Brookfield US Corporation. Pursuant to Item
 601(b)(2) of Regulation S-K, schedules and attachments have been
 omitted, but will be provided to the Commission upon request.

Exhibit 2.2: Asset Purchase Agreement dated August 26, 2008 between CPRe,
 Tower Insurance Company of New York, Tower National Insurance
 Company, Preserver Insurance Company, Tower National Insurance
 Company, Mountain Valley Insurance Company, Northeast Insurance
 Company, and Tower Risk Management Corp.

SIGNATURE

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

/s/ Joel S. Weiner
------------------
Senior Vice-president and Chief Financial Officer

 Exhibit Index

Exhibit 2.1: Stock Purchase Agreement dated August 27, 2008 between CPRe,
 Hermitage, and Brookfield US Corporation. Pursuant to Item
 601(b)(2) of Regulation S-K, schedules and attachments have been
 omitted, but will be provided to the Commission upon request.

Exhibit 2.2: Asset Purchase Agreement dated August 26, 2008 between CPRe,
 Tower Insurance Company of New York, Tower National Insurance
 Company, Preserver Insurance Company, Tower National Insurance
 Company, Mountain Valley Insurance Company, Northeast Insurance
 Company, and Tower Risk Management Corp.

Castlepoint Holdings Ltd (MM) (NASDAQ:CPHL)
Historical Stock Chart
Von Mai 2024 bis Jun 2024

Castlepoint Holdings Ltd (MM) (NASDAQ:CPHL)
Historical Stock Chart
Von Jun 2023 bis Jun 2024