form8k111207.htm


 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
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FORM 8-K
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 

 
Date of Report (Date of earliest event reported): November 13, 2007
 
 
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SECURITY CAPITAL ASSURANCE LTD
(Exact name of registrant as specified in its charter)
 
 
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Bermuda
001-32950
Not applicable
(State or other jurisdiction
of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
 
A.S. Cooper Building, 26 Reid Street, 4th Floor, Hamilton, Bermuda HM 11
(Address of principal executive offices)
 
Registrant’s telephone number, including area code: (441) 279 7450
 
Not Applicable
(Former name or former address, if changed since last report)
 
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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:

[   ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[   ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[   ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[   ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 





Item 7.01.         Regulation FD Disclosure.
 
The following information is being furnished under Item 7.01, “Regulation FD Disclosure.”  This information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, or incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
 
On November 13, 2007, Security Capital Assurance Ltd issued the press release attached as Exhibit 99.1 and incorporated by reference herein.
 
Item 9.01           Financial Statements and Exhibits.
 
(d) Exhibits. The following exhibits are filed herewith:
 
Exhibit No.
Description
   
99.1
Press Release (“SECURITY CAPITAL ASSURANCE COMMENTS ON FITCH RATINGS ACTIONS”) dated November 13, 2007.



 

SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the unersigned hereunto duly authorized.
 
  SECURITY CAPITAL ASSURANCE LTD
(Registrant)
 
       
Date  November 13, 2007
By:
/s/  Thomas W. Currie  
    Name   Thomas W. Currie  
    Title      Senior Vice President and  
          Chief Risk Officer