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Published on 12/3/2004 in the Prospect News Distressed Debt Daily.

Trenwick Group reports $4.36 million loss for September

By Ted A. Knutson

Washington, Dec. 3 - Trenwick Group Ltd. said Friday it had a net loss of $4.36 million in September, down almost half a million dollars from its August result.

In both months, the insurance holding company reported no sales.

Trenwick's cumulative loss since filing for Chapter 11 is $98.1 million. Restricted cash and cash equivalents was $506,739 as of Sept. 30.

The report was made in an 8-K filing with the Securities and Exchange Commission

Trenwick filed for bankruptcy on Aug. 20, 2003. Its Chapter 11 case number is 03-12635.


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