UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(AMENDMENT NO.4)
ANNUITY AND LIFE RE (HOLDINGS), INC.
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(Name of Issuer)
COMMON SHARES, PAR VALUE $1.00
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(Title of Class of Securities)
G03910 10 9
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(CUSIP Number)
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PAUL GIORDANO, ESQ.
EXECUTIVE VICE PRESIDENT AND GENERAL COUNSEL
XL CAPITAL LTD
XL HOUSE
ONE BERMUDIANA STREET
HAMILTON HM 11, BERMUDA
(441) 292-8515
(NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON
AUTHORIZED TO RECEIVE COMMUNICATIONS)
NOVEMBER 23, 2001
(DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject if this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following
box: / /
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
SCHEDULE 13D
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
XL CAPITAL LTD
I.R.S. IDENTIFICATION NO. 98-0058718
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
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3 SEC USE ONLY / /
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4 SOURCE OF FUNDS
OO,WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) / /
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6 CITIZENSHIP OR PLACE ORGANIZATION
CAYMAN ISLANDS
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7 SOLE VOTING POWER
-3,340,380-
NUMBER OF
8 SHARED VOTING POWER
SHARES -0-
BENEFICIALLY
9 SOLE DISPOSITIVE POWER
OWNED BY -3,340,380-
EACH
10 SHARED DISPOSITIVE POWER
REPORTING -0-
PERSON WITH
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-3,340,380-
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES / /
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.9043%
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14 TYPE OF REPORTING PERSON
CO
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XL Capital Ltd (the "Reporting Person") hereby amends the Schedule 13D
originally filed with the Securities and Exchange Commission on April 30, 1998,
as amended by Amendment No. 1 thereto filed with the Securities and Exchange
Commission on January 18, 2000, as further amended by Amendment No. 2 thereto
filed with the Securities and Exchange Commission on March 15, 2000 and as
further amended by Amendment No. 3 thereto filed with the Securities and
Exchange Commission on June 1, 2000 (the "Schedule 13D"). Capitalized terms used
without definition in this Amendment No. 4 to the Schedule 13D shall have the
respective meanings ascribed thereto in the Schedule 13D.
Item 5. Interest in Securities of the Issuer
Item 5 of the Schedule 13D is hereby amended by replacing paragraph (a),
and by adding to paragraph (c), the disclosure below.
(a) The Reporting Person owns 3,340,380 Common Shares of the Company,
comprising 12.9043% of the total outstanding Common Shares.
(c) Common Shares acquired by the Reporting Person during the past sixty
days were as follows: September 19, 2001 - 25,000 shares at $31.0500
per share; November 5, 2001- 25,500 shares at $22.6306 per share;
November 15, 2001 - 25,000 shares at $24.0000 per share; November 15,
2001 - 12,300 shares at $23.5000 per share; November 15, 2001 - 12,700
shares at $23.5058 per share; November 23, 2001 - 50,000 shares at
$22.5624 per share. The aforementioned shares purchased in the last
sixty days were acquired through open market purchases and were
financed with working capital. During the period September 28, 2000
through April 24, 2001, the Reporting Person acquired 153,000 Common
Shares at prices ranging from $23.5000 per share to $28.0000 per
share. All such Common Shares were acquired through open market
purchases and were financed with working capital.
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: November 27, 2001
XL CAPITAL LTD
By: /s/ Kirstin Romann
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Name: Kirstin Romann
Title: Senior Vice President and
Assistant General Counsel