<PAGE>
                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C.  20549

                                 ---------------
                                    FORM 10-Q
                                 ---------------

           [x] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                For the quarterly period ended September 30, 2000
                                               ------------------

                                       OR

           [] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                 For the transition period from ________to________

                                 ---------------
                         Commission file number 0-27394
                                 ---------------

                     GE Global Insurance Holding Corporation
              ------------------------------------------------------
              (Exact name of registrant as specified in its charter)

                Delaware                                  95-3435367
    (State or other jurisdiction of                    (I.R.S. Employer
     incorporation or organization)                  Identification No.)

   5200 Metcalf, Overland Park, Kansas                      66201
(Address of principal executive offices)                  (Zip Code)

                                 (913) 676-5200
              (Registrant's telephone number, including area code)


                                 ---------------

Indicate by check mark whether the  registrant(1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days. Yes [x] No[ ]

At October 26, 2000, 1,000 shares of common stock with a par value of $5,000 per
share were outstanding.

REGISTRANT MEETS THE CONDITIONS SET FORTH IN GENERAL INSTRUCTION H(1)(a) AND (b)
OF FORM 10-Q AND IS THEREFORE FILING THIS FORM 10-Q WITH THE REDUCED  DISCLOSURE
FORMAT.


<PAGE>
<TABLE>
<CAPTION>
                                TABLE OF CONTENTS


                                                                                                                                Page
                                                                                                                                ----
<S>                                                                                                                             <C>

PART I - FINANCIAL INFORMATION.

Item 1.             Financial Statements......................................................................................    1

Item 2.             Management's Discussion and Analysis of Results of Operations.............................................    6

Exhibit 12.         Computation of Ratio of Earnings to Fixed Charges.........................................................    8


PART II - OTHER INFORMATION.

Item 6.             Exhibits and Reports on Form 8-K..........................................................................    9

Signatures.         ..........................................................................................................   10

Index to Exhibits.  ..........................................................................................................   11
</TABLE>


<PAGE>
                         PART I - FINANCIAL INFORMATION

Item 1.  Financial Statements.

<TABLE>
<CAPTION>
                     GE GLOBAL INSURANCE HOLDING CORPORATION
                                AND SUBSIDIARIES

       Condensed, Consolidated Statement of Current and Retained Earnings

                                   (Unaudited)


                                                           Three months ended                             Nine months ended
                                                   ----------------------------------            ----------------------------------
(In millions)                                      Sept. 30, 2000      Sept. 25, 1999            Sept. 30, 2000      Sept. 25, 1999
                                                   --------------      --------------            --------------      --------------
<S>                                                     <C>                 <C>                         <C>                 <C>

Revenues
Net premiums written                                   $1,967              $1,787                     $5,756              $5,368
                                                       ======              ======                     ======              ======

Net premiums earned                                    $1,908              $1,622                     $5,571              $5,018
Net investment income                                     348                 294                        964                 867
Net realized gains on investments                          52                 244                        398                 580
Other revenues                                            107                  93                        289                 180
                                                       ------              ------                     ------              ------
Total revenues                                          2,415               2,253                      7,222               6,645
                                                       ------              ------                     ------              ------

Costs and Expenses
Claims, claim expenses and policy benefits              1,672               1,339                      4,733               3,896
Insurance acquisition costs                               455                 391                      1,395               1,247
Other operating costs and expenses                        205                 194                        590                 539
Minority interest in net earnings of
   consolidated subsidiaries                               22                  22                         66                  66
                                                       ------              ------                     ------              ------
Total costs and expenses                                2,354               1,946                      6,784               5,748
                                                       ------              ------                     ------              ------

Earnings before income taxes                               61                 307                        438                 897


Provision for income taxes                                (73)                 87                          5                 254
                                                       ------              ------                     ------              ------

Net earnings                                              134                 220                        433                 643
Dividends on preferred stock                               (1)                 (1)                        (5)                 (5)
Retained earnings at beginning of period                4,925               4,580                      4,630               4,161
                                                       ------              ------                     ------              ------

Retained earnings at end of period                     $5,058              $4,799                     $5,058              $4,799
                                                       ======              ======                     ======              ======
</TABLE>


See Notes to Condensed, Consolidated Financial Statements.


                                        1


<PAGE>
Item 1.  Financial Statements (Continued).

<TABLE>
<CAPTION>
                     GE GLOBAL INSURANCE HOLDING CORPORATION
                                AND SUBSIDIARIES

             Condensed, Consolidated Statement of Financial Position


(In millions)                                                                              September 30, 2000      December 31, 1999
                                                                                           ------------------      -----------------
                                                                                               (Unaudited)
<S>                                                                                                <C>                    <C>

Assets
Investments:
   Fixed maturity securities available-for-sale, at fair value                                   $18,863               $17,268
   Equity securities, at fair value                                                                  781                 3,104
   Other invested assets                                                                           1,550                 1,167
                                                                                                 -------               -------
   Total investments                                                                              21,194                21,539

Cash                                                                                                 374                   359
Premiums receivable                                                                                3,944                 3,580
Other receivables                                                                                  1,474                 1,435
Reinsurance recoverables                                                                           6,569                 6,029
Deferred insurance acquisition costs                                                               1,447                 1,418
Other assets                                                                                       3,587                 3,201
                                                                                                 -------               -------

Total assets                                                                                     $38,589               $37,561
                                                                                                 =======               =======

Liabilities and equity
Claims and claim expenses                                                                        $17,983               $18,134
Accumulated contract values                                                                        2,184                 2,164
Future policy benefits for life and health contracts                                               2,451                 2,230
Unearned premiums                                                                                  2,632                 2,534
Other reinsurance liabilities                                                                      2,419                 1,874
Other liabilities                                                                                  2,313                 2,915
Long-term borrowings                                                                               1,653                   956
                                                                                                 -------               -------
   Total liabilities                                                                              31,635                30,807
                                                                                                 -------               -------

Minority interest in equity of consolidated subsidiaries                                           1,177                 1,179
                                                                                                 -------               -------


Accumulated non-owner changes in equity:
   Accumulated unrealized gains (losses) on investment securities - net                              (80)                   51
   Accumulated foreign currency translation adjustments - net                                       (201)                 (106)
                                                                                                 -------               -------
   Total accumulated non-owner changes in equity                                                    (281)                  (55)

Preferred stock                                                                                      150                   150
Common stock                                                                                           5                     5
Paid-in capital                                                                                      845                   845
Retained earnings                                                                                  5,058                 4,630
                                                                                                 -------               -------
   Total stockholder's equity                                                                      5,777                 5,575
                                                                                                 -------               -------

Total liabilities and equity                                                                     $38,589               $37,561
                                                                                                 =======               =======
</TABLE>


See Notes to Condensed, Consolidated Financial Statements.


                                        2


<PAGE>
Item 1.  Financial Statements (Continued).

<TABLE>
<CAPTION>
                     GE GLOBAL INSURANCE HOLDING CORPORATION
                                AND SUBSIDIARIES

                 Condensed, Consolidated Statement of Cash Flows

                                   (Unaudited)


                                                                                                       Nine months ended
                                                                                           -----------------------------------------
(In millions)                                                                              September 30, 2000     September 25, 1999
                                                                                           ------------------     ------------------
<S>                                                                                                <C>                    <C>

Cash from (used for) operating activities                                                       $  (153)               $   779
                                                                                                -------                -------

Cash flows from investing activities
Fixed maturity securities available-for-sale:
   Purchases                                                                                     (6,730)                (7,403)
   Sales                                                                                          3,918                  6,258
   Maturities                                                                                       869                    982
Equity securities:
   Purchases                                                                                     (1,050)                (2,312)
   Sales                                                                                          3,343                  2,224
Net purchases of short-term investments                                                            (390)                  (138)
Cash paid for acquisitions and in-force
   reinsurance transactions                                                                           -                   (257)
Other investing activities                                                                           24                    153
                                                                                                -------                -------
   Cash used for investing activities                                                               (16)                  (493)
                                                                                                -------                -------

Cash flows from financing activities
Change in contract deposits                                                                         (21)                    45
Net contract accumulation receipts (payments)                                                        26                   (175)
Proceeds from short-term borrowings                                                                 236                     90
Principal payments on short-term borrowings                                                        (629)                  (421)
Proceeds from long-term borrowings                                                                  691                    400
Dividends paid                                                                                       (5)                    (5)
                                                                                                -------                -------
   Cash from (used for) financing activities                                                        298                    (66)
                                                                                                -------                -------

Effect of exchange rate changes on cash                                                            (114)                   (66)
                                                                                                -------                -------

Increase in cash                                                                                     15                    154
Cash at beginning of period                                                                         359                    258
                                                                                                -------                -------
Cash at end of period                                                                           $   374                $   412
                                                                                                =======                =======
</TABLE>


See Notes to Condensed, Consolidated Financial Statements.


                                        3


<PAGE>
Item 1.  Financial Statements (Continued).


                     GE GLOBAL INSURANCE HOLDING CORPORATION
                                AND SUBSIDIARIES

              Notes to Condensed, Consolidated Financial Statements

                                   (Unaudited)


1.   The accompanying condensed,  consolidated quarterly financial statements of
     GE Global Insurance Holding Corporation ("GE Global Insurance") include the
     accounts and  operations,  after  intercompany  eliminations,  of GE Global
     Insurance  and  its  wholly-owned   subsidiaries,   Employers   Reinsurance
     Corporation, GE Reinsurance Corporation and Medical Protective Corporation.
     GE Global  Insurance and its  consolidated  subsidiaries  are  collectively
     referred to as "the Company."

2.   The condensed,  consolidated  quarterly financial statements are unaudited.
     These  statements  include all adjustments  (consisting of normal recurring
     accruals) considered necessary by management to present a fair statement of
     the results of operations,  financial  position and cash flows. The results
     reported in these condensed,  consolidated  quarterly financial  statements
     should not be regarded as  necessarily  indicative  of results  that may be
     expected for the entire year.

3.   The  Financial   Accounting  Standards  Board  ("FASB")  has  issued,  then
     subsequently amended,  Statement of Financial Accounting Standards ("SFAS")
     No. 133,  Accounting for  Derivative  Instruments  and Hedging  Activities,
     effective for the Company on January 1, 2001. Upon adoption, all derivative
     instruments  (including  certain derivative  instruments  embedded in other
     contracts)  will be  recognized  in the balance sheet at their fair values;
     changes in such fair  values  must be  recognized  immediately  in earnings
     unless specific hedging criteria are met. Effects of qualifying  changes in
     fair value will be recorded in equity  pending  recognition  in earnings as
     offsets to the related  earnings  effects of the hedged  items.  Management
     estimates  that,  at  September  30,  2000,  the  effects on its  financial
     statements of adopting SFAS No. 133, as amended,  would have been to change
     net  earnings  and share  owner's  equity by less  than $10  million  each.
     However,  the transition  effect as of January 1, 2001, cannot be estimated
     at this time because it is subject to the following unknown variables as of
     that date: (1) actual derivatives and related hedged positions,  (2) market
     values of derivatives and hedged positions,  and (3) further interpretation
     of SFAS No. 133 by the FASB.

4.  Changes   in  stockholder's   equity  that  did  not  result  directly  from
    transactions with the share owner were as follows:


                                                    Nine months ended
                                        ----------------------------------------
    (In millions)                       September 30, 2000    September 25, 1999
                                        ------------------    ------------------

    Net earnings                               $433                  $643
    Net unrealized losses on
       investment securities                   (131)                 (799)
    Foreign currency translation
       adjustments                              (95)                  (13)
                                               ----                 -----
    Total                                      $207                 $(169)
                                               ====                 =====


                                       4


<PAGE>
Item 1.  Financial Statements (Continued).


                     GE GLOBAL INSURANCE HOLDING CORPORATION
                                AND SUBSIDIARIES

        Notes to Condensed, Consolidated Financial Statements (Continued)


5.  The Company's operating segment activity is summarized as follows:


                                                     Nine months ended
                                        ----------------------------------------
    (In millions)                       September 30, 2000    September 25, 1999
                                        ------------------    ------------------

    Revenues
    Property/Casualty                          $5,602               $5,347
    Life                                        1,620                1,298
                                               ------               ------
    Total revenues                             $7,222               $6,645
                                               ======               ======

    Earnings before income taxes
    Property/Casualty                          $  238               $  695
    Life                                          200                  202
                                               ------               ------
    Total earnings before income taxes         $  438               $  897
                                               ======               ======


                                       5


<PAGE>
Item 2.  Management's Discussion and Analysis of Results of Operations.


Overview

Net earnings for the first nine months of 2000 was $433 million,  a $210 million
decrease  from  the  first  nine  months  of  1999.  This  decrease  reflects  a
deterioration of underwriting  results,  including adverse  development on prior
year  recorded  losses  and a decrease  in net  realized  gains on  investments,
primarily  attributable to more favorable market  conditions in 1999.  Partially
offsetting  these reductions in net earnings were an increase in other revenues,
primarily as a result of higher levels of income  associated with  equity-method
investments  and tax  benefits  attributable  to a  step-up  in the tax basis of
certain  assets  following  the  conversion  of  a  corporate  subsidiary  to  a
partnership for German tax purposes.

The   Company's   two   business   segments   are  (1)   property  and  casualty
insurance/reinsurance and (2) life reinsurance. Business is conducted throughout
the world  utilizing  the  Company's  network  of local  offices.  Although  the
weakening  of the  U.S.  dollar  during  2000  and  1999  had an  impact  on the
individual  revenue and expense  categories,  the overall impact on net earnings
was not significant.  The Company's  operating segment activity is summarized as
follows:


                                                   Nine months ended
                                       -----------------------------------------
(In millions)                          September 30, 2000     September 25, 1999
                                       ------------------     ------------------

Revenues
Property/Casualty                             $5,602                $5,347
Life                                           1,620                 1,298
                                              ------                ------
Total revenues                                $7,222                $6,645
                                              ======                ======

Earnings before income taxes
Property/Casualty                             $  238                $  695
Life                                             200                   202
                                              ------                ------
Total earnings before income taxes            $  438                $  897
                                              ======                ======

Typically,  the  underwriting  performance of property and casualty  business is
measured in terms of a combined  ratio and earnings  before  income  taxes.  The
combined ratio is the sum of the loss ratio and the underwriting  expense ratio.
For the first nine months of 2000, the property and casualty  combined ratio was
117.1%, compared to 108.9% for the same period in 1999. The significantly higher
combined ratio in 2000 primarily reflects the effects of continued  insufficient
pricing within the overall property and casualty  insurance/reinsurance industry
and, to a lesser  extent,  adverse  development  on prior year recorded  losses.
Earnings  before  income taxes from property and casualty  operations  decreased
$457 million or 66% in the first nine months of 2000, primarily  attributable to
the significant increase in the combined ratio.

The life reinsurance  segment typically  measures  performance based on revenues
and earnings before income taxes.  Revenues consist of net premiums earned,  net
investment  income,  net  realized  gains on  investments  and  other  revenues,
including fees generated from  investment-related  life reinsurance products and
financial reinsurance transactions.  For the first nine months of 2000, the life
operations generated revenues and earnings before income taxes of $1,620 million
and $200  million,  respectively,  compared to $1,298  million and $202 million,
respectively,  for the same period in 1999.  The increase in revenues  primarily
reflects  growth in  underwriting  origination  volume and an  increase in other
revenues.


                                       6


<PAGE>
Item 2.  Management's Discussion and Analysis of Results of Operations (Cont'd).


Operating Results

Net  premiums  written   increased  $388  million  or  7%  in  2000,   primarily
attributable  to  growth in  various  product  lines,  with the  largest  growth
occuring  in the  Specialty  and  Life  lines of  business.  This  increase  was
partially  offset by higher  levels of ceded  premiums  under  aggregate  excess
retrocession programs.

Net  premiums  earned   increased  $553  million  or  11%  in  2000,   primarily
attributable  to  growth in  various  product  lines,  with the  largest  growth
occuring  in the  Specialty  and  Life  lines of  business.  This  increase  was
partially  offset by higher  levels of ceded  premiums  under  aggregate  excess
retrocession programs.

Net  investment  income  increased  $97  million  or  11%  in  2000,   primarily
attributable to the increasing  interest rate environment and a repositioning of
the  investment  portfolio  to  include a higher  proportion  of fixed  maturity
securities.

Net  realized  gains  on  investments  decreased  $182  million  or 31% in 2000,
primarily  attributable to more favorable market  conditions in 1999,  partially
offset by the repositioning of certain investment portfolios in 2000.

Other revenues increased $109 million or 61% in 2000, primarily  attributable to
higher levels of income associated with equity-method investments.

Claims,  claim  expenses and policy  benefits  increased  $837 million or 21% in
2000,  primarily  attributable to the increase in net premiums earned  discussed
above and a higher  combined ratio in the  property/casualty  segment (117.1% in
2000 as compared to 108.9% for the  comparable  period in 1999),  reflecting the
effects of  continued  insufficient  pricing  within the  overall  property  and
casualty  insurance/reinsurance  industry  and,  to  a  lesser  extent,  adverse
development on prior year recorded losses.

Insurance  acquisition  costs  increased  $148 million or 12% in 2000,  which is
generally  consistent  with the  corresponding  increase in net premiums  earned
discussed  above.

Other  operating  costs  and  expenses  increased  $51  million  or 9% in  2000,
primarily  attributable  to  increases  in goodwill  amortization  and  interest
expense.

Provision  for income taxes was $5 million for the first nine months of 2000 (an
effective tax rate of 1.1%),  compared to $254 million for the first nine months
of 1999 (an effective tax rate of 28.3%). The significantly  lower effective tax
rate in 2000 primarily reflects the impact of tax-exempt  investment income on a
lower base of pre-tax  income,  coupled  with the  recognition  of tax  benefits
attributable  to a step-up  in the tax basis of  certain  assets  following  the
conversion of a corporate subsidiary to a partnership for German tax purposes.


                                       7


<PAGE>
                          PART II - OTHER INFORMATION


Item 6.  Exhibits and Reports on Form 8-K.

a.  Exhibits.

       Exhibit 12.  Computation of ratio of earnings to fixed charges.

       Exhibit 27.  Financial Data Schedule (filed electronically only).

b.  Reports on Form 8-K.

       None.


                                       9


<PAGE>
                                   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
undersigned thereunto duly authorized.


                                  GE GLOBAL INSURANCE HOLDING CORPORATION
                            ----------------------------------------------------
                                                (Registrant)



Date:  October 26, 2000       By:              /s/ MARC A. MEICHES
                               -------------------------------------------------
                                                  Marc A. Meiches
                               Senior Vice President and Chief Financial Officer
                                         (Principal Financial Officer)


Date:  October 26, 2000       By:           /s/ WILLIAM J. STEILEN
                               -------------------------------------------------
                                               William J. Steilen
                                         Vice President and Controller
                                        (Principal Accounting Officer)


                                       10


<PAGE>
                     GE GLOBAL INSURANCE HOLDING CORPORATION
                                AND SUBSIDIARIES

                                Index to Exhibits


Exhibit No.                                                                 Page
-----------                                                                 ----

    12       Computation of ratio of earnings to fixed charges............    8

    27       Financial Data Schedule (filed electronically only)


                                       11