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


                                    FORM 10-Q


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


                  For the quarterly period ended June 30, 2001
                                  -------------


                                       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 [] No[ ]

At July 23,  2001,  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                Six months ended
                                                                    ------------------------------    ------------------------------
(In millions)                                                       June 30, 2001     July 1, 2000    June 30, 2001     July 1, 2000
                                                                    -------------     ------------    -------------     ------------
<S>                                                                    <C>               <C>              <C>              <C>
Revenues
Net premiums written                                                   $1,945            $1,934           $4,047           $3,789
                                                                       ======            ======           ======           ======

Net premiums earned                                                    $2,000            $1,925           $4,011           $3,663
Net investment income                                                     290               326              606              616
Net realized gains on investments                                          77               311              141              346
Other revenues                                                            154                75              200              182
                                                                       ------            ------           ------           ------
Total revenues                                                          2,521             2,637            4,958            4,807
                                                                       ------            ------           ------           ------

Costs and Expenses
Claims, claim expenses and policy benefits                              1,649             1,700            3,267            3,061
Insurance acquisition costs                                               480               469              968              940
Other operating costs and expenses                                        187               189              391              385
Minority interest in net earnings of
   consolidated subsidiaries                                               23                22               45               44
                                                                       ------            ------           ------           ------
Total costs and expenses                                                2,339             2,380            4,671            4,430
                                                                       ------            ------           ------           ------

Earnings
Earnings before income taxes and cumulative effect
   of change in accounting principle                                      182               257              287              377
Provision for income taxes                                                 56                62               79               78
                                                                       ------            ------           ------           ------

Earnings before cumulative effect of change
   in accounting principle                                                126               195              208              299

Cumulative effect of change in accounting principle                         -                 -              (11)               -
                                                                       ------            ------           ------           ------

Net earnings                                                              126               195              197              299
Dividends on preferred stock                                               (2)               (2)              (4)              (4)
Retained earnings at beginning of period                                5,273             4,732            5,204            4,630
                                                                       ------            ------           ------           ------
Retained earnings at end of period                                     $5,397            $4,925           $5,397           $4,925
                                                                       ======            ======           ======           ======


</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)                                                                   June 30, 2001         December 31, 2000
                                                                                -------------         -----------------
                                                                                 (Unaudited)
<S>                                                                                <C>                       <C>
Assets
Investments:
  Fixed maturity securities, at fair value                                         $19,211                   $18,761
  Equity securities, at fair value                                                     531                       718
  Other invested assets                                                              1,588                     1,712
                                                                                   -------                   -------
  Total investments                                                                 21,330                    21,191

Cash                                                                                   315                       196
Premiums receivable                                                                  3,718                     3,844
Other receivables                                                                    1,519                     1,823
Reinsurance recoverables                                                             6,572                     6,436
Deferred insurance acquisition costs                                                 1,573                     1,494
Other assets                                                                         3,788                     3,580
                                                                                   -------                   -------

Total assets                                                                       $38,815                   $38,564
                                                                                   =======                   =======


Liabilities and equity
Claims and claim expenses                                                          $17,746                   $17,678
Accumulated contract values                                                          2,151                     2,161
Future policy benefits for life and health contracts                                 2,804                     2,636
Unearned premiums                                                                    2,679                     2,584
Other reinsurance balances                                                           1,807                     2,062
Other liabilities                                                                    2,542                     2,587
Long-term borrowings                                                                 1,654                     1,654
                                                                                   -------                   -------
  Total liabilities                                                                 31,383                    31,362
                                                                                   -------                   -------

Minority interest in equity of consolidated subsidiaries                             1,183                     1,177
                                                                                   -------                   -------

Accumulated non-owner changes in equity:
  Unrealized gains on investment securities - net                                      142                       143
  Foreign currency translation adjustments                                            (282)                     (322)
  Derivatives qualifying as hedges                                                      (8)                        -
                                                                                   -------                   -------
      Total accumulated non-owner changes in equity                                   (148)                     (179)

Preferred stock                                                                        150                       150
Common stock                                                                             5                         5
Paid-in capital                                                                        845                       845
Retained earnings                                                                    5,397                     5,204
                                                                                   -------                   -------
  Total stockholder's equity                                                         6,249                     6,025
                                                                                   -------                   -------


Total liabilities and equity                                                       $38,815                   $38,564
                                                                                   =======                   =======

</TABLE>

See Notes to Condensed, Consolidated Financial Statements.

                                       2
<PAGE>


Item 1.  Financial Statements (Continued).


                     GE GLOBAL INSURANCE HOLDING CORPORATION
                                AND SUBSIDIARIES

                 Condensed, Consolidated Statement of Cash Flows

                                   (Unaudited)
<TABLE>
<CAPTION>


                                                                               Six months ended
                                                                     ------------------------------------
(In millions)                                                        June 30, 2001           July 1, 2000
                                                                     -------------           ------------

<S>                                                                     <C>                     <C>
Cash from (used for) operating activities                               $  213                  $ (568)
                                                                        ------                  ------

Cash flows from investing activities
Fixed maturity securities:
  Purchases                                                             (7,476)                 (4,179)
  Sales                                                                  6,703                   2,340
  Maturities                                                               502                     383
Equity securities:
  Purchases                                                               (196)                   (854)
  Sales                                                                     84                   3,150
Net sales of short-term investments                                        120                      19
Other investing activities                                                  16                       3
                                                                        ------                  ------
  Cash from (used for) investing activities                               (247)                    862
                                                                        ------                  ------

Cash flows from financing activities
Change in contract deposits                                                  2                     (33)
Net contract accumulation receipts (payments)                              (10)                     60
Proceeds from short-term borrowings                                         64                      82
Principal payments on short-term borrowings                                 (9)                   (695)
Proceeds from long-term borrowings                                           -                     691
Dividends paid                                                              (4)                     (4)
                                                                        ------                  ------
  Cash from financing activities                                            43                     101
                                                                        ------                  ------

Effect of exchange rate changes on cash                                    110                    (100)
                                                                        ------                  ------

Increase in cash                                                           119                     295
Cash at beginning of period                                                196                     359
                                                                        ------                  ------
Cash at end of period                                                   $  315                  $  654
                                                                        ======                  ======


</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")   issued,   then
     subsequently amended,  Statement of Financial Accounting Standards ("SFAS")
     No. 133,  Accounting for  Derivative  Instruments  and Hedging  Activities,
     which became  effective for the Company on January 1, 2001.  Under SFAS No.
     133, as amended, all derivative  instruments  (including certain derivative
     instruments  embedded in other  contracts)  are  recognized  in the balance
     sheet  at their  fair  values and  changes  in fair  value  are  recognized
     immediately  in  operations,  unless the  derivatives  qualify as hedges of
     future  cash flows.  For  derivatives  qualifying  as hedges of future cash
     flows,  the  effective  portion  of  changes  in  fair  value  is  recorded
     temporarily in equity,  then  recognized in earnings along with the related
     effects of the hedged items. Any ineffective portion of a hedge is reported
     in earnings as it occurs.

     The nature of the Company's business  activities  necessarily  involves the
     management of various  financial and market risks,  including those related
     to changes in interest rates, equity prices and currency exchange rates. As
     discussed  more fully in the notes of the 2000 Annual  Report on Form 10-K,
     the Company uses derivative financial  instruments to mitigate or eliminate
     certain of those risks.  The January 1, 2001  accounting  change  described
     above  affected  only  the  pattern  and  timing  of  non-cash   accounting
     recognition.

     At January 1, 2001,  the Company's  financial  statements  were adjusted to
     record a cumulative effect of the transition to SFAS No. 133, as follows:

     (In millions)                                                      Earnings
                                                                        --------

     Adjustment to fair value of derivatives                              $17
     Income tax effect                                                     (6)
                                                                          ---
        Total                                                             $11
                                                                          ===


                                       4
<PAGE>




Item 1.  Financial Statements (Continued).


                     GE GLOBAL INSURANCE HOLDING CORPORATION
                                AND SUBSIDIARIES

        Notes to Condensed, Consolidated Financial Statements (Continued)

3.   (continued)

     A reconciliation of current period changes, net of applicable income taxes,
     in the separate  component of  stockholder's  equity  labeled  "derivatives
     qualifying as hedges" follows:

     (In millions)

     Transition adjustment as of January 1, 2001                          $ -
     Current period declines in fair value - net                           (9)
     Reclassifications to earnings - net                                    1
                                                                          ---
     Balance at June 30, 2001                                             $(8)
                                                                          ===


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


                                                                            Six months ended
                                                                   ---------------------------------
     (In millions)                                                 June 30, 2001        July 1, 2000
                                                                   -------------        ------------

<S>                                                                     <C>                 <C>
     Net earnings                                                       $197                $299
     Net unrealized losses on investment securities                       (1)               (213)
     Foreign currency translation adjustments                             40                 (96)
     Derivatives qualifying as hedges                                     (8)                  -
                                                                        ----                ----
        Total                                                           $228                $(10)
                                                                        ====                ====
</TABLE>


5.   The Company's operating segment activity is summarized as follows:
<TABLE>
<CAPTION>

                                                                           Six months ended
                                                                   ---------------------------------
     (In millions)                                                 June 30, 2001        July 1, 2000
                                                                   -------------        ------------
<S>                                                                   <C>                   <C>
     Revenues
     Property/Casualty                                                $3,828                $3,778
     Life                                                              1,130                 1,029
                                                                      ------                ------
     Total revenues                                                   $4,958                $4,807
                                                                      ======                ======

     Earnings before income taxes and cumulative effect
        of change in accounting principle
     Property/Casualty                                                $  136                $  269
     Life                                                                151                   108
                                                                      ------                ------
     Total earnings before income taxes and cumulative
        effect of change in accounting principle                      $  287                $  377
                                                                      ======                ======

</TABLE>


                                       5

<PAGE>




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


Overview

Net  earnings  before  cumulative  effect  of  change  in  accounting  principle
(discussed  in note 3 of this 10Q  report)  for the first six months of 2001 was
$287 million,  a $90 million  decrease  from the first six months of 2000.  This
decrease is primarily attributable to the $205 million reduction in net realized
gains on investments,  somewhat offset by an improvement in underwriting results
due to a slight reduction in the combined ratio within the property and casualty
business segment.  Other revenues  remained  relatively in line with 2000 levels
(increase of $18 million) as a result of a 2001 gain  recognized  in  connection
with the favorable  resolution of issues with a recent acquisition being largely
offset by lower levels of income associated with equity-method investments.

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
movement in certain foreign  currency  exchange rates during 2001 and 2000 had a
slight  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:
<TABLE>
<CAPTION>


                                                                            Six months ended
                                                                   --------------------------------
(In millions)                                                      June 30, 2001       July 1, 2000
                                                                   -------------       ------------

<S>                                                                   <C>                 <C>
Revenues
Property/Casualty                                                     $3,828              $3,778
Life                                                                   1,130               1,029
                                                                      ------              ------
Total revenues                                                        $4,958              $4,807
                                                                      ======              ======

Earnings before income taxes and cumulative effect
     of change in accounting principle
Property/Casualty                                                     $  136              $  269
Life                                                                     151                 108
                                                                      ------              ------
Total earnings before income taxes and cumulative
     effect of change in accounting principle                         $  287              $  377
                                                                      ======              ======
</TABLE>


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 six months of 2001,  the property and casualty  combined ratio was
112.9%,  compared to 115.8% for the same period in 2000. The higher than desired
combined  ratios  in both  2001  and  2000  primarily  reflect  the  effects  of
insufficient    pricing    within   the   overall    property    and    casualty
insurance/reinsurance  industry in recent years and, to a lesser extent, adverse
development  on prior year recorded  losses.  Earnings  before income taxes from
property and casualty operations  decreased $133 million or 49% in the first six
months of 2001, primarily  attributable to the decrease in net realized gains on
investments discussed above.

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 six months of 2001, the life
operations generated revenues and earnings before income taxes of $1,130 million
and $151  million,  respectively,  compared to $1,029  million and $108 million,
respectively, for the same period in 2000. The increase in revenues and earnings
before  income taxes and  cumulative  effect of change in  accounting  principle
primarily reflects growth in underwriting  origination volume and an increase in
fee income included in other revenues.


                                       6
<PAGE>




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


Operating Results

Net premiums  written and net premiums earned increased $258 million (or 7%) and
$348  million  (or  10%),  respectively,  in  2001.  This  growth  is  primarily
attributable to the combination of hardening pricing within the overall property
and casualty  insurance/reinsurance  industry,  a focus on growth within certain
niche  markets  and  lower  levels  of ceded  premiums  under  aggregate  excess
retrocession  programs.  This increase was  partially  offset by the decision to
exit  certain  lines  of  business  and  customer  relationships  as  part  of a
reunderwriting initiative undertaken during 2000.

Net  investment   income  decreased  $10  million  or  2%  in  2001,   primarily
attributable to the lower interest rate  environment in both the U.S. and Europe
in the current year as compared to 2000.

Net  realized  gains  on  investments  decreased  $205  million  or 59% in 2001,
primarily  attributable to the significant level of gains recognized during 2000
in connection with the Company's decision to reposition the investment portfolio
to lessen its exposure to equity  securities and include a higher  proportion of
fixed maturity securities.

Other revenues increased $18 million or 10% in 2001,  primarily  attributable to
the  favorable  resolution  of issues  involving a recent  acquisition  somewhat
offset by lower levels of income associated with equity-method investments.

Claims, claim expenses and policy benefits increased $206 million or 7% in 2001,
primarily  attributable  to the growth in premiums  discussed above coupled with
the slightly lower combined ratio for the property and casualty operations.

Insurance  acquisition  costs  increased  $28  million or 3% in 2001,  primarily
attributable to the growth in premiums discussed above.

Other operating costs and expenses increased $6 million or 2% in 2001, primarily
attributable  to a charge  recorded  during the first quarter related to planned
employee terminations.

Provision  for income taxes was $79 million for the first six months of 2001 (an
effective  tax rate of 27.5%),  compared to $78 million for the first six months
of 2000 (an effective tax rate of 20.7%).  The higher effective tax rate in 2001
primarily reflects a lower proportion of tax-exempt investment income.

Forward Looking Statements

This document includes certain  "forward-looking  statements" within the meaning
of the Private  Securities  Litigation  Reform Act of 1995. These statements are
based on management's  current  expectations  and are subject to uncertainty and
changes  in  circumstances.  Actual  results  may differ  materially  from these
expectations due to changes in global economic, business, competitive market and
regulatory factors.


                                       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.


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:  July 23, 2001          By:            /s/ MARC A. MEICHES
                               -------------------------------------------------
                                                Marc A. Meiches
                               Senior Vice President and Chief Financial Officer
                                         (Principal Financial Officer)



Date:  July 23, 2001          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



                                       11