SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 4 TO
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Zenith National Insurance Corp.
-------------------------------
(Name of Issuer)
Common Stock, $1.00 Par Value
(Title of Class of Securities)
989390109
---------
(CUSIP Number)
Paul Rivett
Vice President
Fairfax Financial Holdings Limited
95 Wellington Street West, Suite 800
Toronto, Ontario, Canada, M5J 2N7
Telephone: (416) 367-4941
-------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
- With a copy to -
Brice T. Voran
Shearman & Sterling LLP
Commerce Court West
199 Bay Street, Suite 4405
Toronto, Ontario M5L 1E8
Telephone (416) 360-8484
August 2, 2005
--------------
(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 which is the subject of this Schedule 13D, and is
filing this schedule became of Rule 13d-1(b)(3) or (4),
check the following box [ ].
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
--------------------------------------------------------------------------------
CUSIP No. 989390109 Page 2 of 54 Pages
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(1) Name of Reporting Person V. PREM WATSA
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Source of Funds WC
--------------------------------------------------------------------------------
(5) Check box if Disclosure of Legal Proceedings is Required Pursuant to Item
2(d) or 2(e). [ ]
--------------------------------------------------------------------------------
(6) Citizenship or Place of Organization CANADIAN
--------------------------------------------------------------------------------
(7) Sole Voting Power
Number of
Shares Beneficially
Owned -----------------------------------------
by Each (8) Shared Voting Power 3,921,545
Reporting
Person With
-----------------------------------------
(9) Sole Dispositive Power
-----------------------------------------
(10) Shared Dispositive Power 3,921,545
--------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person 3,921,545
--------------------------------------------------------------------------------
(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
[ ]
--------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 16.2% (see Item 5)
--------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) IN
--------------------------------------------------------------------------------
2
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CUSIP No. 989390109 Page 3 of 54 Pages
--------------------------------------------------------------------------------
(1) Name of Reporting Person 1109519 ONTARIO LIMITED
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Source of Funds WC
--------------------------------------------------------------------------------
(5) Check box if Disclosure of Legal Proceedings is Required Pursuant to Item
2(d) or 2(e). [ ]
--------------------------------------------------------------------------------
(6) Citizenship or Place of Organization ONTARIO, CANADA
--------------------------------------------------------------------------------
(7) Sole Voting Power
Number of
Shares Beneficially
Owned -----------------------------------------
by Each (8) Shared Voting Power 3,921,545
Reporting
Person With -----------------------------------------
(9) Sole Dispositive Power
-----------------------------------------
(10) Shared Dispositive Power 3,921,545
--------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person 3,921,545
--------------------------------------------------------------------------------
(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
[ ]
--------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 16.2% (see Item 5)
--------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) CO
--------------------------------------------------------------------------------
3
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CUSIP No. 989390109 Page 4 of 54 Pages
--------------------------------------------------------------------------------
(1) Name of Reporting Person THE SIXTY TWO INVESTMENT COMPANY LIMITED
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Source of Funds WC
--------------------------------------------------------------------------------
(5) Check box if Disclosure of Legal Proceedings is Required Pursuant to Item
2(d) or 2(e). [ ]
--------------------------------------------------------------------------------
(6) Citizenship or Place of Organization BRITISH COLUMBIA, CANADA
--------------------------------------------------------------------------------
(7) Sole Voting Power
Number of
Shares Beneficially
Owned -----------------------------------------
by Each (8) Shared Voting Power 3,921,545
Reporting
Person With -----------------------------------------
(9) Sole Dispositive Power
-----------------------------------------
(10) Shared Dispositive Power 3,921,545
--------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person 3,921,545
--------------------------------------------------------------------------------
(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
[ ]
--------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 16.2% (see Item 5)
--------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) CO
--------------------------------------------------------------------------------
4
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CUSIP No. 989390109 Page 5 of 54 Pages
--------------------------------------------------------------------------------
(1) Name of Reporting Person 810679 ONTARIO LIMITED
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Source of Funds WC
--------------------------------------------------------------------------------
(5) Check box if Disclosure of Legal Proceedings is Required Pursuant to Item
2(d) or 2(e). [ ]
--------------------------------------------------------------------------------
(6) Citizenship or Place of Organization ONTARIO, CANADA
--------------------------------------------------------------------------------
(7) Sole Voting Power
Number of
Shares Beneficially
Owned -----------------------------------------
by Each (8) Shared Voting Power 3,921,545
Reporting
Person With -----------------------------------------
(9) Sole Dispositive Power
-----------------------------------------
(10) Shared Dispositive Power 3,921,545
--------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person 3,921,545
--------------------------------------------------------------------------------
(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
[ ]
--------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 16.2% (see Item 5)
--------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) CO
--------------------------------------------------------------------------------
5
--------------------------------------------------------------------------------
CUSIP No. 989390109 Page 6 of 54 Pages
--------------------------------------------------------------------------------
(1) Name of Reporting Person FAIRFAX FINANCIAL HOLDINGS LIMITED
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Source of Funds WC
--------------------------------------------------------------------------------
(5) Check box if Disclosure of Legal Proceedings is Required Pursuant to Item
2(d) or 2(e). [ ]
--------------------------------------------------------------------------------
(6) Citizenship or Place of Organization CANADA
--------------------------------------------------------------------------------
(7) Sole Voting Power
Number of
Shares Beneficially
Owned -----------------------------------------
by Each (8) Shared Voting Power 3,921,545
Reporting
Person With -----------------------------------------
(9) Sole Dispositive Power
-----------------------------------------
` (10) Shared Dispositive Power 3,921,545
--------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person 3,921,545
--------------------------------------------------------------------------------
(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
[ ]
--------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 16.2% (see Item 5)
--------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) CO
--------------------------------------------------------------------------------
6
--------------------------------------------------------------------------------
CUSIP No. 989390109 Page 7 of 57 Pages
--------------------------------------------------------------------------------
(1) Name of Reporting Person CRC (BERMUDA) REINSURANCE LIMITED
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Source of Funds WC
--------------------------------------------------------------------------------
(5) Check box if Disclosure of Legal Proceedings is Required Pursuant to Item
2(d) or 2(e). [ ]
--------------------------------------------------------------------------------
(6) Citizenship or Place of Organization BERMUDA
--------------------------------------------------------------------------------
(7) Sole Voting Power
Number of
Shares Beneficially
Owned -----------------------------------------
by Each (8) Shared Voting Power 323,574
Reporting
Person With -----------------------------------------
(9) Sole Dispositive Power
-----------------------------------------
(10) Shared Dispositive Power 323,574
--------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person 323,574
--------------------------------------------------------------------------------
(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
[ ]
--------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 1.4%
--------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) CO
--------------------------------------------------------------------------------
7
--------------------------------------------------------------------------------
CUSIP No. 989390109 Page 8 of 54 Pages
--------------------------------------------------------------------------------
(1) Name of Reporting Person FFHL GROUP LTD.
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Source of Funds WC
--------------------------------------------------------------------------------
(5) Check box if Disclosure of Legal Proceedings is Required Pursuant to Item
2(d) or 2(e). [ ]
--------------------------------------------------------------------------------
(6) Citizenship or Place of Organization CANADA
--------------------------------------------------------------------------------
(7) Sole Voting Power
Number of
Shares Beneficially
Owned -----------------------------------------
by Each (8) Shared Voting Power 3,597,971
Reporting
Person With -----------------------------------------
(9) Sole Dispositive Power
-----------------------------------------
(10) Shared Dispositive Power 3,597,971
--------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person 3,597,971
--------------------------------------------------------------------------------
(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
[ ]
--------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 14.9% (see Item 5)
--------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) CO
--------------------------------------------------------------------------------
8
--------------------------------------------------------------------------------
CUSIP No. 989390109 Page 9 of 54 Pages
--------------------------------------------------------------------------------
(1) Name of Reporting Person FAIRFAX INC.
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Source of Funds WC
--------------------------------------------------------------------------------
(5) Check box if Disclosure of Legal Proceedings is Required Pursuant to Item
2(d) or 2(e). [ ]
--------------------------------------------------------------------------------
(6) Citizenship or Place of Organization WYOMING
--------------------------------------------------------------------------------
(7) Sole Voting Power
Number of
Shares Beneficially
Owned -----------------------------------------
by Each (8) Shared Voting Power 3,597,971
Reporting
Person With -----------------------------------------
(9) Sole Dispositive Power
-----------------------------------------
(10) Shared Dispositive Power 3,597,971
--------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person 3,597,971
--------------------------------------------------------------------------------
(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
[ ]
--------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 14.9% (see Item 5)
--------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) CO
--------------------------------------------------------------------------------
9
--------------------------------------------------------------------------------
CUSIP No. 989390109 Page 10 of 57 Pages
--------------------------------------------------------------------------------
(1) Name of Reporting Person TIG HOLDINGS, INC.
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Source of Funds WC
--------------------------------------------------------------------------------
(5) Check box if Disclosure of Legal Proceedings is Required Pursuant to Item
2(d) or 2(e). [ ]
--------------------------------------------------------------------------------
(6) Citizenship or Place of Organization DELAWARE
--------------------------------------------------------------------------------
(7) Sole Voting Power
Number of
Shares Beneficially
Owned -----------------------------------------
by Each (8) Shared Voting Power 1,357,524
Reporting
Person With -----------------------------------------
(9) Sole Dispositive Power
-----------------------------------------
(10) Shared Dispositive Power 1,357,524
--------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,357,524
--------------------------------------------------------------------------------
(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
[ ]
--------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 5.6% (see Item 5)
--------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) CO
--------------------------------------------------------------------------------
10
--------------------------------------------------------------------------------
CUSIP No. 989390109 Page 11 of 58 Pages
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(1) Name of Reporting Person TIG INSURANCE GROUP, INC.
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Source of Funds WC
--------------------------------------------------------------------------------
(5) Check box if Disclosure of Legal Proceedings is Required Pursuant to Item
2(d) or 2(e). [ ]
--------------------------------------------------------------------------------
(6) Citizenship or Place of Organization DELAWARE
--------------------------------------------------------------------------------
(7) Sole Voting Power
Number of
Shares Beneficially
Owned -----------------------------------------
by Each (8) Shared Voting Power 1,357,524
Reporting
Person With -----------------------------------------
(9) Sole Dispositive Power
-----------------------------------------
(10) Shared Dispositive Power 1,357,524
--------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,357,524
--------------------------------------------------------------------------------
(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
[ ]
--------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 5.6% (see Item 5)
--------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) CO
--------------------------------------------------------------------------------
11
--------------------------------------------------------------------------------
CUSIP No. 989390109 Page 12 of 54 Pages
--------------------------------------------------------------------------------
(1) Name of Reporting Person TIG INSURANCE COMPANY
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Source of Funds WC
--------------------------------------------------------------------------------
(5) Check box if Disclosure of Legal Proceedings is Required Pursuant to Item
2(d) or 2(e). [ ]
--------------------------------------------------------------------------------
(6) Citizenship or Place of Organization CALIFORNIA
--------------------------------------------------------------------------------
(7) Sole Voting Power
Number of
Shares Beneficially
Owned -----------------------------------------
by Each (8) Shared Voting Power 1,357,524
Reporting
Person With -----------------------------------------
(9) Sole Dispositive Power
-----------------------------------------
(10) Shared Dispositive Power 1,357,524
--------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,357,524
--------------------------------------------------------------------------------
(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
[ ]
--------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 5.6% (See Item 5)
--------------------------------------------------------------------------------
(14) Type of Reporting Person (see instructions) CO
--------------------------------------------------------------------------------
12
--------------------------------------------------------------------------------
CUSIP No. 989390109 Page 13 of 54 Pages
--------------------------------------------------------------------------------
(1) Name of Reporting Person ODYSSEY RE HOLDINGS CORP.
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Source of Funds WC
--------------------------------------------------------------------------------
(5) Check box if Disclosure of Legal Proceedings is Required Pursuant to Item
2(d) or 2(e). [ ]
--------------------------------------------------------------------------------
(6) Citizenship or Place of Organization DELAWARE
--------------------------------------------------------------------------------
(7) Sole Voting Power
Number of
Shares Beneficially
Owned -----------------------------------------
by Each (8) Shared Voting Power 1,357,524
Reporting
Person With -----------------------------------------
(9) Sole Dispositive Power
-----------------------------------------
(10) Shared Dispositive Power 1,357,524
--------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,357,524
--------------------------------------------------------------------------------
(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
[ ]
--------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 5.6% (see Item 5)
--------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) CO
--------------------------------------------------------------------------------
13
--------------------------------------------------------------------------------
CUSIP No. 989390109 Page 14 of 54 Pages
--------------------------------------------------------------------------------
(1) Name of Reporting Person ODYSSEY AMERICA REINSURANCE CORPORATION
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Source of Funds WC
--------------------------------------------------------------------------------
(5) Check box if Disclosure of Legal Proceedings is Required Pursuant to Item
2(d) or 2(e). [ ]
--------------------------------------------------------------------------------
(6) Citizenship or Place of Organization CONNECTICUT
--------------------------------------------------------------------------------
(7) Sole Voting Power
Number of
Shares Beneficially
Owned -----------------------------------------
by Each (8) Shared Voting Power 1,357,524
Reporting
Person With -----------------------------------------
(9) Sole Dispositive Power
-----------------------------------------
(10) Shared Dispositive Power 1,357,524
--------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,357,524
--------------------------------------------------------------------------------
(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
[ ]
--------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 5.6% (see Item 5)
--------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) CO
--------------------------------------------------------------------------------
14
--------------------------------------------------------------------------------
CUSIP No. 989390109 Page 15 of 54 Pages
--------------------------------------------------------------------------------
(1) Name of Reporting Person CLEARWATER INSURANCE COMPANY
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Source of Funds WC
--------------------------------------------------------------------------------
(5) Check box if Disclosure of Legal Proceedings is Required Pursuant to Item
2(d) or 2(e). [ ]
--------------------------------------------------------------------------------
(6) Citizenship or Place of Organization DELAWARE
--------------------------------------------------------------------------------
(7) Sole Voting Power
Number of
Shares Beneficially
Owned -----------------------------------------
by Each (8) Shared Voting Power 83,224
Reporting
Person With -----------------------------------------
(9) Sole Dispositive Power
-----------------------------------------
(10) Shared Dispositive Power 83,224
--------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person 83,224
--------------------------------------------------------------------------------
(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
[ ]
--------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 0.4%
--------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) CO
--------------------------------------------------------------------------------
15
--------------------------------------------------------------------------------
CUSIP No. 989390109 Page 16 of 54 Pages
--------------------------------------------------------------------------------
(1) Name of Reporting Person CRUM & FORSTER HOLDINGS CORP.
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Source of Funds WC
--------------------------------------------------------------------------------
(5) Check box if Disclosure of Legal Proceedings is Required Pursuant to Item
2(d) or 2(e). [ ]
--------------------------------------------------------------------------------
(6) Citizenship or Place of Organization DELAWARE
--------------------------------------------------------------------------------
(7) Sole Voting Power
Number of
Shares Beneficially
Owned -----------------------------------------
by Each (8) Shared Voting Power 2,240,447
Reporting
Person With -----------------------------------------
(9) Sole Dispositive Power
-----------------------------------------
(10) Shared Dispositive Power 2,240,447
--------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person 2,240,447
--------------------------------------------------------------------------------
(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
[ ]
--------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 9.8%
--------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) CO
--------------------------------------------------------------------------------
16
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CUSIP No. 989390109 Page 17 of 54 Pages
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(1) Name of Reporting Person CRUM & FORSTER HOLDING INC.
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Source of Funds WC
--------------------------------------------------------------------------------
(5) Check box if Disclosure of Legal Proceedings is Required Pursuant to Item
2(d) or 2(e). [ ]
--------------------------------------------------------------------------------
(6) Citizenship or Place of Organization DELAWARE
--------------------------------------------------------------------------------
(7) Sole Voting Power
Number of
Shares Beneficially
Owned -----------------------------------------
by Each (8) Shared Voting Power 2,240,447
Reporting
Person With -----------------------------------------
(9) Sole Dispositive Power
-----------------------------------------
(10) Shared Dispositive Power 2,240,447
--------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person 2,240,447
--------------------------------------------------------------------------------
(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
[ ]
--------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 9.8%
--------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) CO
--------------------------------------------------------------------------------
17
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CUSIP No. 989390109 Page 18 of 54 Pages
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(1) Name of Reporting Person UNITED STATES FIRE INSURANCE COMPANY
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Source of Funds WC
--------------------------------------------------------------------------------
(5) Check box if Disclosure of Legal Proceedings is Required Pursuant to Item
2(d) or 2(e). [ ]
--------------------------------------------------------------------------------
(6) Citizenship or Place of Organization DELAWARE
--------------------------------------------------------------------------------
(7) Sole Voting Power
Number of
Shares Beneficially
Owned -----------------------------------------
by Each (8) Shared Voting Power 2,240,447
Reporting
Person With -----------------------------------------
(9) Sole Dispositive Power
-----------------------------------------
(10) Shared Dispositive Power 2,240,447
--------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person 2,240,447
--------------------------------------------------------------------------------
(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
[ ]
--------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 9.8%
--------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) CO
--------------------------------------------------------------------------------
18
--------------------------------------------------------------------------------
CUSIP No. 989390109 Page 19 of 54 Pages
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(1) Name of Reporting Person THE NORTH RIVER INSURANCE COMPANY
--------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
--------------------------------------------------------------------------------
(3) SEC Use Only
--------------------------------------------------------------------------------
(4) Source of Funds WC
--------------------------------------------------------------------------------
(5) Check box if Disclosure of Legal Proceedings is Required Pursuant to Item
2(d) or 2(e). [ ]
--------------------------------------------------------------------------------
(6) Citizenship or Place of Organization NEW JERSEY
--------------------------------------------------------------------------------
(7) Sole Voting Power
Number of
Shares Beneficially
Owned -----------------------------------------
by Each (8) Shared Voting Power 0
Reporting
Person With -----------------------------------------
(9) Sole Dispositive Power
-----------------------------------------
(10) Shared Dispositive Power 0
--------------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person 0
--------------------------------------------------------------------------------
(12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
[ ]
--------------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 0%
--------------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions) CO
--------------------------------------------------------------------------------
19
This Amendment No. 4 amends the Statement on Schedule 13D filed with
the Securities and Exchange Commission (the "Commission") on July 6, 1999 by
Fairfax Financial Holdings Limited ("Fairfax"), Hamblin Watsa Investment Counsel
Ltd., The Sixty Two Investment Company Limited and V. Prem Watsa relating to the
purchase of 6,574,445 shares of common stock, par value $1.00 per share (the
"Common Stock"), of Zenith National Insurance Corp., a Delaware insurance
holding company ("Zenith"), pursuant to a Stock Purchase Agreement (the "1999
Stock Purchase Agreement") dated as of June 25, 1999 between Fairfax and
Reliance Insurance Company, which Statement on Schedule 13D (such schedule, as
amended, being the "Schedule 13D") was amended by (i) Amendment No. 1 to the
Statement on Schedule 13D relating to the Stock Purchase Agreement (the "2001
Stock Purchase Agreement") dated as of November 21, 2001 between Clearwater
Insurance Company ("Clearwater"), a Delaware corporation, formerly known as
Odyssey Reinsurance Corporation, and Zenith, providing for the purchase and sale
of 1,000,000 shares of Common Stock of Zenith, (ii) Amendment No. 2 to the
Statement on Schedule 13D relating to the purchase on March 21, 2003 by Odyssey
America Reinsurance Corporation ("Odyssey America"), a Connecticut corporation,
of $30,000,000 aggregate principal amount of 5.75% convertible senior notes due
2023 of Zenith (the "Senior Notes"), which Senior Notes are currently
convertible, as described below in Item 5, into 1,200,000 shares of Common Stock
of Zenith and (iii) Amendment No. 3 to the Statement on Schedule 13D relating to
the sale of 3,100,000 shares of Common Stock of Zenith by certain subsidiaries
of Fairfax pursuant to an underwriting agreement, dated as of July 27, 2004,
among the underwriters named in Schedule A thereto, Zenith and certain
subsidiaries of Fairfax, as selling stockholders, in connection with the sale of
such shares in a public offering pursuant to a registration statement on Form
S-3 filed by Zenith with the Commission.
This Amendment No. 4 relates to the sale (the "Transaction") of
2,000,000 shares of Common Stock of Zenith by certain subsidiaries of Fairfax on
August 2, 2005. The closing of the Transaction is expected to occur on or about
August 5, 2005 and is subject to customary conditions.
TIG Insurance Group, which was previously a Reporting Person, merged
with and into a Delaware corporation, and the surviving company was renamed TIG
Insurance Group, Inc.
The following amendments to Items 2, 4, 5 and 7 of the Schedule 13D
are hereby made.
ITEM 2. IDENTITY AND BACKGROUND
Item 2 of the Schedule 13D is hereby amended in its entirety to read
as follows:
"This statement is being jointly filed by the following persons
(collectively, the "Reporting Persons"):
1. V. Prem Watsa, an individual, is a citizen of Canada. Mr.
Watsa's business address is 95 Wellington Street West, Suite
800, Toronto, Ontario, Canada, M5J 2N7;
20
2. 1109519 Ontario Limited ("1109519"), a corporation
incorporated under the laws of Ontario, is controlled by V.
Prem Watsa. The principal business of 1109519 is as an
investment holding company. The principal business address and
principal office address of 1109519 is 95 Wellington Street
West, Suite 800, Toronto, Ontario, M5J 2N7;
3. The Sixty Two Investment Company Limited ("Sixty Two"), a
corporation incorporated under the laws of British Columbia,
is controlled by V. Prem Watsa. The principal business of
Sixty Two is as an investment holding company. The principal
business address and principal office address of Sixty Two is
1600 Cathedral Place, 925 West Georgia St., Vancouver, British
Columbia, Canada, V6C 3L3;
4. 810679 Ontario Limited ("810679"), a corporation incorporated
under the laws of Ontario, is controlled by V. Prem Watsa. The
principal business of 810679 is as an investment holding
company. The principal business address and principal office
address of 810679 is 95 Wellington Street West, Suite 800,
Toronto, Ontario, Canada, M5J 2N7;
5. Fairfax, a corporation incorporated under the laws of Canada,
is controlled by Sixty Two, 1109519, and V. Prem Watsa.
Fairfax is a financial services holding company. The principal
business and principal office address of Fairfax is 95
Wellington Street West, Suite 800, Toronto, Ontario, Canada,
M5J 2N7;
6. CRC (Bermuda) Reinsurance Limited ("CRC (Bermuda)"), a
corporation incorporated under the laws of Bermuda, is a
wholly-owned subsidiary of Fairfax. The principal business of
CRC (Bermuda) is reinsurance. The principal business address
and principal office address of CRC (Bermuda) is c/o Westbrook
Limited, Richmond House, 12 Par-la-Ville Road, P.O. Box HM
1022 Hamilton, HM DX Bermuda.
7. FFHL Group Ltd., a corporation incorporated under the laws of
Canada, is a wholly-owned subsidiary of Fairfax. The principal
business of FFHL Group Ltd. is as a holding company. The
principal business address and principal office address of
FFHL Group Ltd. is 95 Wellington Street West, Suite 800,
Toronto, Ontario, Canada, M5J 2N7;
8. Fairfax Inc., a corporation incorporated under the laws of
Wyoming, is a wholly-owned subsidiary of Fairfax. The
principal business of Fairfax Inc. is as a holding company.
The principal business address and principal office address of
Fairfax Inc. is 300 First Stamford Place, Stamford, CT 06902;
9. TIG Holdings, Inc., a corporation incorporated under the laws
of Delaware, is a wholly-owned subsidiary of Fairfax. The
principal business of TIG Holdings, Inc. is as a holding
company. The principal
21
business address and principal office address of TIG Holdings,
Inc. is 5205 North O'Connor Blvd., Irving, Texas 75039;
10. TIG Insurance Group, Inc. ("TIG Insurance Group"), a
corporation incorporated under the laws of Delaware, is a
majority-owned subsidiary of Fairfax. The principal business
of TIG Insurance Group is as a holding company. The principal
business address and principal office address of TIG Insurance
Group is 5205 North O'Connor Blvd., Irving, Texas 75039;
11. TIG Insurance Company ("TIG"), a corporation incorporated
under the laws of California, is a majority-owned subsidiary
of Fairfax. The principal business of TIG is property/casualty
insurance. The principal business address and principal office
address of TIG is 5205 North O'Connor Blvd., Irving, Texas
75039;
12. Odyssey Re Holdings Corp. ("OdysseyRe"), a corporation
incorporated under the laws of Delaware, is a majority-owned
subsidiary of Fairfax. The principal business of OdysseyRe is
as a holding company. The principal business address and
principal office address of OdysseyRe is 300 First Stamford
Place, Stamford, Connecticut 06902;
13. Odyssey America, a corporation incorporated under the laws of
Connecticut, is a wholly-owned subsidiary of OdysseyRe. The
principal business of Odyssey America is REINSURANCE. The
principal business address and principal office address of
Odyssey America is 300 First Stamford Place, Stamford,
Connecticut 06902;
14. Clearwater, a corporation incorporated under the laws of
Delaware, formerly known as Odyssey Reinsurance Corporation,
is a wholly-owned subsidiary of Odyssey America. The principal
business of Clearwater is reinsurance and insurance. The
principal business address and principal office address of
Clearwater is 300 First Stamford Place, Stamford, Connecticut
06902;
15. Crum & Forster Holdings Corp., a corporation incorporated
under the laws of Delaware, is a wholly-owned subsidiary of
Fairfax. The principal business of Crum & Forster Holdings
Corp. is as a holding company. The principal business address
and principal office address of Crum & Forster Holdings Corp.
is 305 Madison Avenue, P.O. Box 1943, Morristown, New Jersey
07962;
16. Crum & Forster Holding Inc., a corporation incorporated under
the laws of Delaware, is a wholly-owned subsidiary of Fairfax.
The principal business of Crum & Forster Holding Inc. is as a
holding company. The principal business address and principal
office address of Crum & Forster Holding Inc. is 305 Madison
Avenue, P.O. Box 1943, Morristown, New Jersey 07962;
22
17. United States Fire Insurance Company ("US Fire"), a
corporation incorporated under the laws of Delaware, is a
wholly-owned subsidiary of Fairfax. The principal business of
US Fire is insurance. The principal business address and
principal office address of US Fire is 305 Madison Avenue,
P.O. Box 1943, Morristown, New Jersey 07962; and
18. The North River Insurance Company ("North River"), a
corporation incorporated under the laws of New Jersey, is a
wholly-owned subsidiary of Fairfax. The principal business of
North River is insurance. The principal business address and
principal office address of North River is 305 Madison Avenue,
P.O. Box 1943, Morristown, New Jersey 07962.
Neither the filing of this Schedule 13D nor the information
contained herein shall be deemed to constitute an affirmation by V. Prem Watsa,
1109519, Sixty Two, 810679, Fairfax, CRC (Bermuda), FFHL Group Ltd., Fairfax
Inc., TIG Holdings, Inc., TIG Insurance Group, TIG, OdysseyRe, Odyssey America,
Clearwater, Crum & Forster Holdings Corp., Crum & Forster Holding Inc., US Fire
or North River that such person is the beneficial owner of the shares of Common
Stock of Zenith referred to herein for purposes of Section 13(d) or 13(g) of the
Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any
other purpose, and such beneficial ownership is expressly disclaimed.
The name, present principal occupation or employment and name,
principal business and address of any corporation or other organization in which
such employment is conducted and the citizenship of each director and executive
officer of each of the Reporting Persons (other than V. Prem Watsa, an
individual) are set forth in Annex A, B, C, D, E, F, G, H, I, J, K, L, M, N, O,
P or Q, as the case may be, and such Annexes are incorporated herein by
reference.
Pursuant to Rule 13d-1(k) under the Exchange Act, the Reporting
Persons have agreed to file jointly one statement with respect to their
ownership of the shares of Common Stock of Zenith.
During the last five years, none of the Reporting Persons, and, to
the best of each such Reporting Person's knowledge, none of the executive
officers or directors of such Reporting Person have been (a) convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors) or
(b) a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding was or is subject to a
judgment, decree or final order enjoining future violations of, or prohibiting
or mandating activities subject to, federal or state securities laws or finding
any violation with respect to such laws."
ITEM 4. PURPOSE OF TRANSACTION
Item 4 of the Schedule 13D is hereby amended in its entirety to read
as follows:
"The shares of Common Stock of Zenith referred to herein and the
Senior Notes have been acquired by the Reporting Persons for investment purposes
and not for the purposes of, or in connection with, or as a participant in, any
transaction having the purpose of changing
23
or influencing the control of Zenith. Fairfax and Zenith have entered into a
standstill agreement dated as of June 30, 1999 (the "Original Standstill
Agreement") as amended by Amendment No. 1 to the Standstill Agreement dated
March 21, 2003 (the "Standstill Amendment", and together with the Original
Standstill Agreement, the "Standstill Agreement") which prohibits Fairfax,
subject to the terms and conditions set forth in the Standstill Agreement, from
acquiring any additional securities or assets of Zenith until the earlier of (i)
December 31, 2006 or (ii) the date on which Stanley R. Zax is no longer the
full-time President and Chairman of the Board of Directors of Zenith. In
addition, Fairfax has entered into a Proxy Agreement dated March 28, 2002 (the
"Proxy Agreement") appointing John Clark (the "Trustee") as its proxy with
respect to all matters for which Fairfax and all of its subsidiary corporations
have the right to vote shares of Common Stock of Zenith. Under the Proxy
Agreement, the Trustee shall vote such shares in the same proportion as the vote
ultimately cast by all other voting stockholders. In the event that a proxy
contest not supported by management occurs while the Standstill Agreement
remains in effect, the Trustee shall vote as recommended by management of
Zenith.
The Reporting Persons have the following plans and proposals:
(a) The Reporting Persons have no current intention to acquire or
dispose of securities of Zenith, but may formulate plans to do so in the future.
The Reporting Persons intend to review, on a continuous basis, various factors
related to their direct or indirect investment, as the case may be, in Zenith,
including the price and availability of the securities of Zenith, subsequent
developments affecting Zenith's business, other investment and business
opportunities available to the Reporting Persons and general stock market and
economic conditions. Based upon these and other factors, the Reporting Persons
may decide to purchase additional securities of Zenith or may decide in the
future to sell all or part of their investment in Zenith;
(b) The Reporting Persons have no plans or proposals to cause Zenith
to enter into any extraordinary corporate transaction, such as a merger,
reorganization or liquidation of Zenith or any of its subsidiaries;
(c) The Reporting Persons have no plans or proposals to cause Zenith
or any of its subsidiaries to sell or transfer a material amount of assets;
(d) The Reporting Persons have no plans or proposals which would
result in a change in the present board of directors or management of Zenith,
whether through a change in the number or term of directors or otherwise;
(e) The Reporting Persons have no plans to make any material
change in the present capitalization or dividend policy of Zenith;
(f) The Reporting Persons have no plans or proposals to cause Zenith
to make any other material change in its business or corporate structure;
(g) The Reporting Persons have no plans or proposals to cause Zenith
to change its certificate of incorporation or bylaws or to take other actions
which may impede the acquisition of control of Zenith by any person;
24
(h) The Reporting Persons have no plans or proposals to cause the
shares of Common Stock of Zenith to be delisted from any securities exchange or
cease to be authorized to be quoted in an inter-dealer quotation system;
(i) The Reporting Persons have no plans or proposals to cause the
shares of Common Stock of Zenith to become eligible for termination of
registration pursuant to Section 12(g) of the Exchange Act; and
(j) The Reporting Persons have no plans or proposals to take any
actions similar to those enumerated above.
The descriptions in this Item 4 of the Standstill Agreement and the
Proxy Agreement are qualified in their entirety by reference to the Standstill
Agreement and the Proxy Agreement, copies of which have been filed as Exhibits
to this Schedule 13D."
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
Item 5 of the Schedule 13D is hereby amended in its entirety to read
as follows:
"(a) Based on the most recent information available, the aggregate
number and percentage of the shares of Common Stock of Zenith (the securities
identified pursuant to Item 1 of this Schedule 13D) that are beneficially owned
by each of the Reporting Persons (including, where applicable, shares of Common
Stock of Zenith issuable upon conversion of the Senior Notes, which are
currently convertible as described below) are set forth in boxes 11 and 13 of
the second part of the cover page to this Schedule 13D for each of the Reporting
Persons, and such information is incorporated herein by reference.
The Senior Notes are convertible at any time prior to March 30, 2023
following the occurrence of any of the following events: (i) during any fiscal
quarter (beginning with the third quarter of 2003) if the sale price of Zenith's
Common Stock for at least 20 trading days in the 30 trading-day period ending on
the last trading day of the immediately preceding fiscal quarter exceeds 120% of
the conversion price on that 30th trading day; (ii) after the 30th day following
the initial issuance of the Senior Notes, if, and so long as, the Senior Notes
are rated by Standard & Poor's Rating Services below "BB-" (or an equivalent
successor rating), or the credit rating assigned to the Senior Notes is
suspended or withdrawn; (iii) if Zenith has called the Senior Notes for
redemption; or (iv) upon the occurrence of certain corporate events.
The Senior Notes are currently convertible into shares of Common
Stock of Zenith as of the date of filing this Schedule 13D and have therefore
been included, where applicable, in the aggregate number and percentage of the
shares of Common Stock of Zenith reported in this Schedule 13D as beneficially
owned by the Reporting Persons, as required by Rule 13d-3(d)(1)(i) under the
Exchange Act. Whether the Senior Notes will be convertible in the future will
depend upon the occurrence of the events specified above.
Not including shares of Common Stock of Zenith issuable upon
conversion of the Senior Notes, the following Reporting Persons beneficially own
the aggregate number and percentage of the shares of Common Stock of Zenith set
forth below.
25
Aggregate Amount Percent of Class Represented
Name of Reporting Person Beneficially Owned by Such Amount
------------------------ ------------------ ---------------------------
Odyssey America, OdysseyRe, 157,524 0.1%
TIG Insurance Group, TIG
Insurance Company and TIG
Holdings, Inc.
Fairfax Inc. and FFHL Group 2,397,971 10.4%
Ltd.
Fairfax, 810679, Sixty Two, 2,721,545 11.9%
1109519 and V. Prem Watsa
(b) The numbers of shares of Common Stock of Zenith as to which each
of the Reporting Persons has sole voting power, shared voting power, sole
dispositive power and shared dispositive power are set forth in boxes 7, 8, 9
and 10, respectively, on the second part of the cover page to this Schedule 13D
for each of the Reporting Persons, and such information is incorporated herein
by reference.
(c) Except as described herein, none of the Reporting Persons, nor,
to the best knowledge of the Reporting Persons, any person listed in Annex A, B,
C, D, E, F, G, H, I, J, K, L, M, N, O, P or Q, beneficially owns, or during the
last 60 days has acquired or disposed of, any shares of Common Stock of Zenith.
(d) No person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, shares
of Common Stock of Zenith held by the Reporting Persons other than each of the
Reporting Persons.
(e) Not applicable."
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Item 7 of the Schedule 13D is hereby amended by the addition of the
following exhibits to the end thereof:
"4.0 Joint Filing Agreement dated as of August 2, 2005
among V. Prem Watsa, 1109519 Ontario Limited, The
Sixty Two Investment Company Limited, 810679
Ontario Limited, Fairfax Financial Holdings
Limited., CRC (Bermuda) Reinsurance Limited, FFHL
Group Ltd., Fairfax Inc., TIG Holdings, Inc., TIG
Insurance Group, Inc., TIG Insurance Company,
Odyssey Re Holdings Corp., Odyssey America
Reinsurance Corporation, Clearwater Insurance
Company, Crum & Forster Holdings Corp., Crum &
Forster Holding Inc., United States Fire Insurance
Company, and The North River Insurance Company.
4.1 Lock-up Agreement dated August 2, 2005 of Fairfax
Financial Holdings Limited."
26
SIGNATURE
After reasonable inquiry and to the best of the undersigned's
knowledge and belief, the undersigned certifies that the information set forth
in this Schedule 13D with respect to the undersigned is true, complete and
correct.
IN WITNESS WHEREOF, the undersigned has executed this Schedule 13D
as of the day of August, 2005.
V. Prem Watsa
/s/ V. Prem Watsa
----------------------------------------
1109519 Ontario Limited
By: /s/ V. Prem Watsa
------------------------------------
Name: V. Prem Watsa
Title: President
The Sixty Two Investment Company Limited
By: /s/ V. Prem Watsa
------------------------------------
Name: V. Prem Watsa
Title: President
27
810679 Ontario Limited
By: /s/ V. Prem Watsa
------------------------------------
Name: V. Prem Watsa
Title: President
Fairfax Financial Holdings Limited
By: /s/ Paul Rivett
------------------------------------
Name: Paul Rivett
Title: Vice President
CRC (Bermuda) Reinsurance Limited
By: /s/ Ronald Schokking
------------------------------------
Name: Ronald Schokking
Title: Vice President
FFHL Group Ltd.
By: /s/ V. Prem Watsa
------------------------------------
Name: V. Prem Watsa
Title: Vice President and Director
28
Fairfax Inc.
By: /s/ John Cassil
------------------------------------
Name: John Cassil
Title: Vice President
TIG Holdings, Inc.
By: /s/ V. Prem Watsa
------------------------------------
Name: V. Prem Watsa
Title: Chairman and Director
TIG Insurance Group, Inc.
By: /s/ Scott Donovan
------------------------------------
Name: Scott Donovan
Title: President
TIG Insurance Company
By: /s/ Scott Donovan
------------------------------------
Name: Scott Donovan
Title: President
29
Odyssey Re Holdings Corp.
By: /s/ Robert Giammarco
------------------------------------
Name: Robert Giammarco
Title: Executive Vice President and
Chief Financial Officer
Odyssey America Reinsurance Corporation
By: /s/ Robert Giammarco
------------------------------------
Name: Robert Giammarco
Title: Executive Vice President
Clearwater Insurance Company
By: /s/ Robert Giammarco
------------------------------------
Name: Robert Giammarco
Title: Executive President
Crum & Forster Holdings Corp.
By: /s/ Carol Ann Soos
------------------------------------
Name: Carol Ann Soos
Title: Secretary
30
Crum & Forster Holding Inc.
By: /s/ Valerie J. Gasparik
------------------------------------
Name: Valerie J. Gasparik
Title: Secretary
United States Fire Insurance Company
By: /s/ Carol Ann Soos
------------------------------------
Name: Carol Ann Soos
Title: Vice President
The North River Insurance Company
By: /s/ Carol Ann Soos
------------------------------------
Name: Carol Ann Soos
Title: Vice President
31
ANNEX INDEX
ANNEX DESCRIPTION
----- -----------
A Directors and Executive Officers of 1109519 Ontario
Limited
B Directors and Executive Officers of The Sixty Two
Investment Company Limited
C Directors and Executive Officers of 810679 Ontario
Limited
D Directors and Executive Officers of Fairfax Financial
Holdings Limited
E Directors and Executive Officers of CRC (Bermuda)
Reinsurance Limited
F Directors and Executive Officers of FFHL Group Ltd.
G Directors and Executive Officers of Fairfax Inc.
H Directors and Executive Officers of TIG Holdings, Inc.
I Directors and Executive Officers of TIG Insurance
Group, Inc.
J Directors and Executive Officers of TIG Insurance
Company
K Directors and Executive Officers of Odyssey Re Holdings
Corp.
L Directors and Executive Officers of Odyssey America
Reinsurance Corporation
M Directors and Executive Officers of Clearwater
Insurance Company
N Directors and Executive Officers of Crum & Forster
Holdings Corp.
O Directors and Executive Officers of Crum & Forster
Holding Inc.
P Directors and Executive Officers of United States Fire
Insurance Company
Q Directors and Executive Officers of The North River
Insurance Company
32
ANNEX A
DIRECTORS AND EXECUTIVE OFFICERS OF
1109519 ONTARIO LIMITED
The following table sets forth certain information with respect to
the directors and executive officers of 1109519 Ontario Limited.
PRESENT PRINCIPAL OCCUPATION OR
EMPLOYMENT AND THE NAME,
PRINCIPAL BUSINESS AND ADDRESS
OF ANY CORPORATION OR OTHER
ORGANIZATION IN WHICH SUCH
NAME EMPLOYMENT IS CONDUCTED CITIZENSHIP
---- ------------------------------- -----------
V. Prem Watsa Chairman and Chief Executive Officer, Canadian
(President and Director) Fairfax Financial Holdings Limited
95 Wellington Street West
Suite 800
Toronto, Ontario M5J 2N7
Eric P. Salsberg Vice President, Corporate Affairs, Canadian
(Assistant Secretary and Director) Fairfax Financial Holdings Limited
33
ANNEX B
DIRECTORS AND EXECUTIVE OFFICERS OF
THE SIXTY TWO INVESTMENT COMPANY LIMITED
The following table sets forth certain information with respect to
the directors and executive officers of The Sixty Two Investment Company
Limited.
PRESENT PRINCIPAL OCCUPATION OR
EMPLOYMENT AND THE NAME, PRINCIPAL
BUSINESS AND ADDRESS OF ANY
CORPORATION OR OTHER ORGANIZATION IN
NAME WHICH SUCH EMPLOYMENT IS CONDUCTED CITIZENSHIP
---- ------------------------------- -----------
V. Prem Watsa Chairman and Chief Executive Officer, Canadian
(President and Director) Fairfax Financial Holdings Limited
95 Wellington Street West
Suite 800
Toronto, Ontario M5J 2N7
Eric P. Salsberg Vice President, Corporate Affairs, Canadian
(Assistant Secretary and Director) Fairfax Financial Holdings Limited
34
ANNEX C
DIRECTORS AND EXECUTIVE OFFICERS OF
810679 ONTARIO LIMITED
The following table sets forth certain information with respect to
the directors and executive officers of 810679 Ontario Limited.
PRESENT PRINCIPAL OCCUPATION OR
EMPLOYMENT AND THE NAME,
PRINCIPAL BUSINESS AND ADDRESS OF
ANY CORPORATION OR OTHER
ORGANIZATION IN WHICH SUCH
NAME EMPLOYMENT IS CONDUCTED CITIZENSHIP
---- ------------------------------- -----------
V. Prem Watsa Chairman and Chief Executive Officer, Canadian
(President and Director) Fairfax Financial Holdings Limited
95 Wellington Street West
Suite 800
Toronto, Ontario M5J 2N7
Eric P. Salsberg Vice President, Corporate Affairs, Canadian
(Assistant Secretary and Director) Fairfax Financial Holdings Limited
35
ANNEX D
DIRECTORS AND EXECUTIVE OFFICERS OF
FAIRFAX FINANCIAL HOLDINGS LIMITED
The following table sets forth certain information with respect to
the directors and executive officers of Fairfax Financial Holdings Limited.
PRESENT PRINCIPAL OCCUPATION OR
EMPLOYMENT AND THE NAME,
PRINCIPAL BUSINESS AND ADDRESS OF
ANY CORPORATION OR OTHER
ORGANIZATION IN WHICH SUCH
NAME EMPLOYMENT IS CONDUCTED CITIZENSHIP
---- ------------------------------- -----------
V. Prem Watsa Chairman and Chief Executive Officer, Canadian
(Chairman and Chief Executive Officer) Fairfax Financial Holdings Limited
95 Wellington Street West
Suite 800
Toronto, Ontario M5J 2N7
Frank B. Bennett President, Artesian Management Inc. United States
(Director) 301 Carlson Parkway,
Suite 120
Minnetonka, MN 55305
Robbert Hartog President, Robhar Investments Ltd. Canadian
(Director) R.R. #1
Perkinsfield, Ontario L0L 2J0
Anthony Griffiths Independent Business Consultant Canadian
(Director) Toronto, Ontario, Canada
Paul Murray President, Canadian
(Director) Pine Smoke Investments
Toronto, Ontario, Canada
Brandon W. Sweitzer Senior Advisor to the President of United States
(Director) the Chamber of Commerce of the United
States
1615 H Street, NW
Washington, DC 20062
36
PRESENT PRINCIPAL OCCUPATION OR
EMPLOYMENT AND THE NAME,
PRINCIPAL BUSINESS AND ADDRESS OF
ANY CORPORATION OR OTHER
ORGANIZATION IN WHICH SUCH
NAME EMPLOYMENT IS CONDUCTED CITIZENSHIP
---- ------------------------------- -----------
Greg Taylor Vice President and Chief Canadian
(Vice President and Chief Financial Officer) Financial Officer, Fairfax
Financial Holdings Limited
Eric P. Salsberg Vice President, Corporate Affairs, Canadian
(Vice President, Corporate Affairs) Fairfax Financial Holdings Limited
Paul Rivett Vice President, Canadian
(Vice President) Fairfax Financial Holdings Limited
37
ANNEX E
DIRECTORS AND EXECUTIVE OFFICERS OF
CRC (BERMUDA) REINSURANCE LIMITED
The following table sets forth certain information with respect to
the directors and executive officers of CRC (Bermuda) Reinsurance Limited.
PRESENT PRINCIPAL OCCUPATION OR
EMPLOYMENT AND THE NAME,
PRINCIPAL BUSINESS AND ADDRESS OF
ANY CORPORATION OR OTHER
ORGANIZATION IN WHICH SUCH
NAME EMPLOYMENT IS CONDUCTED CITIZENSHIP
---- ------------------------------- -----------
Sam Chan Vice President Canadian
(Director and President) Fairfax Financial Holdings Limited
95 Wellington Street West, Ste. 800
Toronto, ON
Charles Collis Attorney British/Bermudian
(Director) Conyers Dill & Pearman
Clarendon House, Church Street
Hamilton, Bermuda
Christopher Garrod Attorney British/Bermudian
(Director) Conyers Dill & Pearman
Clarendon House, Church Street
Hamilton, Bermuda
Ronald Schokking Vice President, Finance Canadian
(Director, Vice President and Treasurer) Fairfax Financial Holdings Limited
Bradley P. Martin Vice President Canadian
(Vice President) Fairfax Financial Holdings Limited
Eric P. Salsberg Vice President, Corporate Affairs Canadian
(Vice President) Fairfax Financial Holdings Limited
38
ANNEX F
DIRECTORS AND EXECUTIVE OFFICERS OF
FFHL GROUP LTD.
The following table sets forth certain information with respect to
the directors and executive officers of FFHL Group Ltd.
PRESENT PRINCIPAL OCCUPATION OR
EMPLOYMENT AND THE NAME,
PRINCIPAL BUSINESS AND ADDRESS OF
ANY CORPORATION OR OTHER
ORGANIZATION IN WHICH SUCH
NAME EMPLOYMENT IS CONDUCTED CITIZENSHIP
---- ------------------------------- -----------
James F. Dowd President and Chief Executive United States
(Chairman) Officer, Fairfax Inc.
305 Madison Avenue
Morristown, NJ 07962
Eric P. Salsberg Vice President, Corporate Affairs, Canadian
(Vice President and Director) Fairfax Financial Holdings Limited
95 Wellington Street West
Suite 800
Toronto, Ontario M5J 2N7
Bradley P. Martin Vice President, Canadian
(Vice President and Secretary) Fairfax Financial Holdings Limited
V. Prem Watsa Chairman and Chief Executive Officer, Canadian
(Vice President and Director) Fairfax Financial Holdings Limited
Ronald Schokking Vice President, Finance Canadian
(Vice President) Fairfax Financial Holdings Limited
M. Jane Williamson Vice President, Canadian
(Director) Fairfax Financial Holdings Limited
39
ANNEX G
DIRECTORS AND EXECUTIVE OFFICERS OF
FAIRFAX INC.
The following table sets forth certain information with respect to
the directors and executive officers of Fairfax Inc.
PRESENT PRINCIPAL OCCUPATION OR
EMPLOYMENT AND THE NAME,
PRINCIPAL BUSINESS AND ADDRESS OF
ANY CORPORATION OR OTHER
ORGANIZATION IN WHICH SUCH
NAME EMPLOYMENT IS CONDUCTED CITIZENSHIP
---- ------------------------------- -----------
Eric P. Salsberg Vice President, Corporate Affairs, Canadian
(Vice President and Director) Fairfax Financial Holdings Limited
95 Wellington Street West
Suite 800
Toronto, Ontario M5J 2N7
James F. Dowd Chairman, President and Chief United States
(Chairman, President & CEO) Executive Officer, Fairfax Inc.
305 Madison Avenue
Morristown, NJ 07962
Ronald Schokking Vice President, Finance, Canadian
(Vice President) Fairfax Financial Holdings Limited
Trevor J. Ambridge Vice President and Chief Financial Canadian
(Vice President) Officer,
Fairfax Financial Holdings Limited
John Cassil Vice President, United States
(Vice President) Fairfax Inc.
40
ANNEX H
DIRECTORS AND EXECUTIVE OFFICERS OF
TIG HOLDINGS, INC.
The following table sets forth certain information with respect to
the directors and executive officers of TIG Holdings, Inc.
PRESENT PRINCIPAL OCCUPATION OR
EMPLOYMENT AND THE NAME,
PRINCIPAL BUSINESS AND ADDRESS OF
ANY CORPORATION OR OTHER
ORGANIZATION IN WHICH SUCH
NAME EMPLOYMENT IS CONDUCTED CITIZENSHIP
---- ------------------------------- -----------
V. Prem Watsa Chairman and Chief Executive Officer, Canadian
(Chairman and Director) Fairfax Financial Holdings Limited
95 Wellington Street West
Suite 800
Toronto, Ontario M5J 2N7
Trevor J. Ambridge Vice President and Chief Canadian
(Director) Financial Officer,
Fairfax Financial Holdings Limited
Dennis C. Gibbs Chief Executive Officer and Director, United States
(Chief Executive Officer and Director) TIG Insurance Company
R. Scott Donovan President and Director, United States
(President and Director) TIG Insurance Company
Michael J. Sluka Senior Vice President, Chief United States
(Senior Vice President, Chief Financial Financial Officer, Treasurer and
Officer, and Treasurer) Director,
TIG Insurance Company
41
ANNEX I
DIRECTORS AND EXECUTIVE OFFICERS OF
TIG INSURANCE GROUP, INC.
The following table sets forth certain information with respect to
the directors and executive officers of TIG Insurance Group, Inc.
PRESENT PRINCIPAL OCCUPATION OR
EMPLOYMENT AND THE NAME,
PRINCIPAL BUSINESS AND ADDRESS OF
ANY CORPORATION OR OTHER
ORGANIZATION IN WHICH SUCH
NAME EMPLOYMENT IS CONDUCTED CITIZENSHIP
---- ------------------------------- -----------
R. Scott Donovan President and Director, United States
(President and Director) TIG Insurance Company
Dennis C. Gibbs Chief Executive Officer and United States
(Chief Executive Officer and Director) Director,
TIG Insurance Company
Charles G. Ehrlich Senior Vice President and Director, United States
(Senior Vice President, General TIG Insurance Company
Counsel and Secretary)
Michael J. Sluka Senior Vice President, Chief United States
(Senior Vice President, Chief Financial Financial Officer, Treasurer and
Officer, Treasurer, and Director) Director,
TIG Insurance Company
William J. Gillett United States
(Director)
42
ANNEX J
DIRECTORS AND EXECUTIVE OFFICERS OF
TIG INSURANCE COMPANY
The following table sets forth certain information with respect to
the directors and executive officers of TIG Insurance Company.
PRESENT PRINCIPAL OCCUPATION OR
EMPLOYMENT AND THE NAME,
PRINCIPAL BUSINESS AND ADDRESS OF
ANY CORPORATION OR OTHER
ORGANIZATION IN WHICH SUCH
NAME EMPLOYMENT IS CONDUCTED CITIZENSHIP
---- ------------------------------- -----------
Dennis C. Gibbs Chairman, Chief Executive Officer and United States
(Chairman, Chief Executive Officer and Director,
Director) TIG Insurance Company
R. Scott Donovan President and Director, United States
(President and Director) TIG Insurance Company
Charles G. Ehrlich Senior Vice President and Director, United States
(Senior Vice President and Director) TIG Insurance Company
John M. Parker Senior Vice President, General United States
(Senior Vice President, General Counsel, Counsel, and Secretary,
and Secretary) TIG Insurance Company
Robert L. Gossett Senior Vice President and Director, United States
(Senior Vice President and Director) TIG Insurance Company
Michael J. Sluka Senior Vice President, Chief United States
(Senior Vice President, Chief Financial Financial Officer, Treasurer and
Officer, Treasurer and Director) Director,
TIG Insurance Company
43
ANNEX K
DIRECTORS AND EXECUTIVE OFFICERS OF
ODYSSEY RE HOLDINGS CORP.
The following table sets forth certain information with respect to
the directors and executive officers of Odyssey Re Holdings Corp.
PRESENT PRINCIPAL OCCUPATION OR
EMPLOYMENT AND THE NAME,
PRINCIPAL BUSINESS AND ADDRESS OF
ANY CORPORATION OR OTHER
ORGANIZATION IN WHICH SUCH
NAME EMPLOYMENT IS CONDUCTED CITIZENSHIP
---- ------------------------------- -----------
V. Prem Watsa Chairman and Chief Executive Officer, Canadian
(Chairman) Fairfax Financial Holdings Limited
95 Wellington Street West
Suite 800
Toronto, Ontario M5J 2N7
James F. Dowd President and Chief Executive United States
(Vice Chairman) Officer, Fairfax Inc.
305 Madison Avenue
Morristown, NJ 07962
Andrew Barnard President, Chief Executive Officer, United States
(President, Chief Executive Officer and and Director
Director) Odyssey Re Holdings Corp.
300 First Stamford Place,
Stamford, Connecticut 06902
Michael G. Wacek Executive Vice President, United States
(Executive Vice President) Odyssey Re Holdings Corp.
Robert Giammarco Executive Vice President and Chief Canadian
(Executive Vice President and Chief Financial Officer,
Financial Officer) Odyssey Re Holdings Corp.
Anthony J. Narciso, Jr. Senior Vice President and Controller, United States
(Senior Vice President and Controller) Odyssey Re Holdings Corp.
44
PRESENT PRINCIPAL OCCUPATION OR
EMPLOYMENT AND THE NAME,
PRINCIPAL BUSINESS AND ADDRESS OF
ANY CORPORATION OR OTHER
ORGANIZATION IN WHICH SUCH
NAME EMPLOYMENT IS CONDUCTED CITIZENSHIP
---- ------------------------------- -----------
Donald L. Smith Senior Vice President, United States
(Senior Vice President, General Counsel General Counsel and Corporate
and Corporate Secretary) Secretary,
Odyssey Re Holdings Corp.
Frank B. Bennett President, Artesian Management Inc. United States
(Director) 301 Carlson Parkway,
Suite 120
Minnetonka, MN 55305
Anthony F. Griffiths Independent Consultant and Corporate Canadian
(Director) Director,
95 Wellington Street West
Suite 800
Toronto, Ontario M5J 2N7
Robbert Hartog President, Robhar Investments Ltd. Canadian
(Director) R.R. #1
Perkinsfield, Ontario L0L 2J0
Brandon W. Sweitzer Senior Advisor to the President of United States
(Director) the Chamber of Commerce of the United
States
1615 H Street, NW
Washington, DC 20062
Samuel A. Mitchell Principal, Hamblin Watsa Investment United States
(Director) Counsel, Ltd.
Toronto, Ontario, Canada
45
ANNEX L
DIRECTORS AND EXECUTIVE OFFICERS OF
ODYSSEY AMERICA REINSURANCE CORPORATION
The following table sets forth certain information with respect to
the directors and executive officers of Odyssey America Reinsurance Corporation.
PRESENT PRINCIPAL OCCUPATION OR
EMPLOYMENT AND THE NAME,
PRINCIPAL BUSINESS AND ADDRESS
OF ANY CORPORATION OR OTHER
ORGANIZATION IN WHICH SUCH
NAME EMPLOYMENT IS CONDUCTED CITIZENSHIP
---- ------------------------------- -----------
Andrew A. Barnard President, Chief Executive United States
(Chairman, Chief Executive Officer and Officer, and Director
Director) Odyssey Re Holdings Corp.
300 First Stamford Place,
Stamford, Connecticut 06902
Michael G. Wacek Executive Vice President, United States
(President and Director) Odyssey Re Holdings Corp.
Mark W. Hinkley Executive Vice President, United States
(Executive Vice President and Director) Odyssey America Reinsurance
Corporation
300 First Stamford Place
Stamford, CT 06902
James E. Migliorini Executive Vice President, United States
(Senior Vice President and Director) Odyssey America Reinsurance
Corporation
Donald L. Smith Senior Vice President, General United States
(Senior Vice President and General Counsel Counsel and Corporate Secretary,
and Director) Odyssey Re Holdings Corp.
Brian D. Young Executive Vice President, United States
(Executive Vice President and Director) Odyssey America Reinsurance
Corporation
46
PRESENT PRINCIPAL OCCUPATION OR
EMPLOYMENT AND THE NAME,
PRINCIPAL BUSINESS AND ADDRESS
OF ANY CORPORATION OR OTHER
ORGANIZATION IN WHICH SUCH
NAME EMPLOYMENT IS CONDUCTED CITIZENSHIP
---- ------------------------------- -----------
Robert Giammarco Executive Vice President and Chief Canadian
(Executive Vice President and Director) Financial Officer,
Odyssey Re Holdings Corp.
47
ANNEX M
DIRECTORS AND EXECUTIVE OFFICERS OF
CLEARWATER INSURANCE COMPANY
The following table sets forth certain information with respect to
the directors and executive officers of Clearwater Insurance Company.
PRESENT PRINCIPAL OCCUPATION OR
EMPLOYMENT AND THE NAME,
PRINCIPAL BUSINESS AND ADDRESS
OF ANY CORPORATION OR OTHER
ORGANIZATION IN WHICH SUCH
NAME EMPLOYMENT IS CONDUCTED CITIZENSHIP
---- ------------------------------- -----------
Andrew A. Barnard President, Chief Executive United States
(Chairman, Chief Executive Officer and Officer, and Director
Director) Odyssey Re Holdings Corp.
300 First Stamford Place,
Stamford, Connecticut 06902
James E. Migliorini Executive Vice President, United States
(President and Director) Odyssey America Reinsurance
Corporation
300 Stamford Place
Stamford, CT 06902
Mark W. Hinkley Executive Vice President, United States
(Executive Vice President and Director) Odyssey America Reinsurance
Corporation
Robert S. Bennett Executive Vice President and Chief United States
(Executive Vice President, Chief Actuary Actuary,
and Director) Odyssey America Reinsurance
Corporation
Donald L. Smith Senior Vice President, General United States
(Senior Vice President, General Counsel, Counsel and Corporate Secretary,
Corporate Secretary and Director) Odyssey Re Holdings Corp.
48
PRESENT PRINCIPAL OCCUPATION OR
EMPLOYMENT AND THE NAME,
PRINCIPAL BUSINESS AND ADDRESS
OF ANY CORPORATION OR OTHER
ORGANIZATION IN WHICH SUCH
NAME EMPLOYMENT IS CONDUCTED CITIZENSHIP
---- ------------------------------- -----------
Brian D. Young Executive Vice President, United States
(Executive Vice President and Director) Odyssey America Reinsurance
Corporation
Robert Giammarco Executive Vice President and Chief Canadian
(Executive Vice President and Director) Financial Officer,
Odyssey Re Holdings Corp.
Christopher L. Gallagher Senior Vice President, United States
(Executive Vice President and Director) Odyssey America Reinsurance
Corporation
49
ANNEX N
DIRECTORS AND EXECUTIVE OFFICERS OF
CRUM & FORSTER HOLDINGS CORP.
The following table sets forth certain information with respect to
the directors and executive officers of Crum & Forster Holdings Corp.
PRESENT PRINCIPAL OCCUPATION
OR EMPLOYMENT AND THE NAME,
PRINCIPAL BUSINESS AND ADDRESS
OF ANY CORPORATION OR OTHER
ORGANIZATION IN WHICH SUCH
NAME EMPLOYMENT IS CONDUCTED CITIZENSHIP
---- ------------------------------ -----------
V. Prem Watsa Chairman and Chief Executive Canadian
(Chairman) Officer, Fairfax Financial
Holdings Limited
95 Wellington Street West
Suite 800
Toronto, Ontario M5J 2N7
Nikolas Antonopoulos Chief Executive Officer and United States
(Chief Executive Officer and President,
President) Crum & Forster Holdings Corp.
and various other insurance
subsidiaries
305 Madison Avenue
Morristown, NJ 07962
Mary Jane Robertson Executive Vice President, Chief United States
(Executive Vice President, Chief Financial Officer and Treasurer,
Financial Officer and Treasurer) Crum & Forster Holdings Corp.
and various other insurance
subsidiaries
Frank B. Bennett President, Artesian Management United States
(Director) Inc.
301 Carlson Parkway,
Suite 120
Minnetonka, MN 55305
Robbert Hartog President, Robhar Investments Canadian
(Director) Ltd.
R.R. #1
Perkinsfield, Ontario L0L 2J0
Anthony Griffiths Independent Business Consultant Canadian
(Director) Toronto, Ontario, Canada
50
ANNEX O
DIRECTORS AND EXECUTIVE OFFICERS OF
CRUM & FORSTER HOLDING INC.
The following table sets forth certain information with respect to
the directors and executive officers of Crum & Forster Holding Inc.
PRESENT PRINCIPAL OCCUPATION
OR EMPLOYMENT AND THE NAME,
PRINCIPAL BUSINESS AND ADDRESS
OF ANY CORPORATION OR OTHER
ORGANIZATION IN WHICH SUCH
NAME EMPLOYMENT IS CONDUCTED CITIZENSHIP
---- ------------------------------ -----------
Nikolas Antonopoulos Chief Executive Officer and United States
(Chairman and Chief Executive President,
Officer) Crum & Forster Holdings Corp.
and various other insurance
subsidiaries
305 Madison Avenue
Morristown, NJ 07962
Joseph F. Braunstein, Jr. President, United States
(President and Director) Crum & Forster Holding Inc. and
various other insurance
subsidiaries,
305 Madison Avenue
Morristown, NJ 07962
Mary Jane Robertson Executive Vice President, Chief United States
(Executive Vice President, Financial Officer and Treasurer,
Treasurer and Director) Crum & Forster Holdings Corp.
and various other insurance
subsidiaries,
305 Madison Avenue
Morristown, NJ 07962
Douglas M. Libby President, United States
(Senior Vice President and Seneca Insurance Company
Director) 160 Water Street
New York, NY 10038
51
ANNEX P
DIRECTORS AND EXECUTIVE OFFICERS OF
UNITED STATES FIRE INSURANCE COMPANY
The following table sets forth certain information with respect to
the directors and executive officers of United States Fire Insurance Company.
PRESENT PRINCIPAL OCCUPATION
OR EMPLOYMENT AND THE NAME,
PRINCIPAL BUSINESS AND ADDRESS
OF ANY CORPORATION OR OTHER
ORGANIZATION IN WHICH SUCH
NAME EMPLOYMENT IS CONDUCTED CITIZENSHIP
---- ------------------------------ -----------
Nikolas Antonopoulos Chief Executive Officer and United States
(Chief Executive Officer and President,
Chairman) Crum & Forster Holdings Corp.
and various other insurance
subsidiaries
305 Madison Avenue
Morristown, NJ 07962
Joseph F. Braunstein, Jr. President, United States
(President and Director) Crum & Forster Holding Inc. and
various other insurance
subsidiaries,
305 Madison Avenue
Morristown, NJ 07962
Mary Jane Robertson Executive Vice President, Chief United States
(Executive Vice President, Chief Financial Officer and Treasurer,
Financial Officer, Treasurer Crum & Forster Holdings Corp.
and Director) and various other insurance
subsidiaries,
305 Madison Avenue
Morristown, NJ 07962
Dennis J. Hammer Senior Vice President and United States
(Senior Vice President and Controller,
Controller) United States Fire Insurance
Company,
305 Madison Avenue
Morristown, NJ 07962
52
ANNEX Q
DIRECTORS AND EXECUTIVE OFFICERS OF
THE NORTH RIVER INSURANCE COMPANY
The following table sets forth certain information with respect to
the directors and executive officers of The North River Insurance Company.
PRESENT PRINCIPAL OCCUPATION
OR EMPLOYMENT AND THE NAME,
PRINCIPAL BUSINESS AND ADDRESS
OF ANY CORPORATION OR OTHER
ORGANIZATION IN WHICH SUCH
NAME EMPLOYMENT IS CONDUCTED CITIZENSHIP
---- ------------------------------ -----------
Nikolas Antonopoulos Chief Executive Officer and United States
(Chief Executive Officer and President,
Chairman) Crum & Forster Holdings Corp.
and various other insurance
subsidiaries
305 Madison Avenue
Morristown, NJ 07962
Joseph F. Braunstein, Jr. President, United States
(President and Director) Crum & Forster Holding Inc. and
various other insurance
subsidiaries,
305 Madison Avenue
Morristown, NJ 07962
Mary Jane Robertson Executive Vice President, Chief United States
(Executive Vice President, Chief Financial Officer and Treasurer,
Financial Officer, Treasurer Crum & Forster Holdings Corp.
and Director) and various other insurance
subsidiaries,
305 Madison Avenue
Morristown, NJ 07962
Dennis J. Hammer Senior Vice President and United States
(Senior Vice President and Controller,
Controller) United States Fire Insurance
Company,
305 Madison Avenue
Morristown, NJ 07962
53
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
----------- -----------
4.0 Joint Filing Agreement dated as of August 2, 2005
among V. Prem Watsa, 1109519 Ontario Limited, The
Sixty Two Investment Company Limited, 810679 Ontario
Limited, Fairfax Financial Holdings Limited., CRC
(Bermuda) Reinsurance Limited, FFHL Group Ltd.,
Fairfax Inc., TIG Holdings, Inc., TIG Insurance Group,
Inc., TIG Insurance Company, Odyssey Re Holdings
Corp., Odyssey America Reinsurance Corporation,
Clearwater Insurance Company, Crum & Forster Holdings
Corp., Crum & Forster Holding Inc., United States Fire
Insurance Company, and The North River Insurance
Company.
4.1 Lock-up Agreement dated August 2, 2005 of Fairfax
Financial Holdings Limited.
54