<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 July 1, 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 July 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                               Six months ended
                                                   --------------------------------                ---------------------------------
(In millions)                                      July 1, 2000       June 26, 1999                July 1, 2000        June 26, 1999
                                                   ------------       -------------                ------------        -------------
<S>                                                     <C>                <C>                          <C>                 <C>

Revenues
Net premiums written                                   $1,934             $1,741                       $3,789              $3,581
                                                       ======             ======                       ======              ======

Net premiums earned                                    $1,925             $1,722                       $3,663              $3,396
Net investment income                                     326                295                          616                 573
Net realized gains on investments                         311                166                          346                 336
Other revenues                                             75                 50                          182                  87
                                                       ------             ------                       ------              ------
Total revenues                                          2,637              2,233                        4,807               4,392
                                                       ------             ------                       ------              ------

Costs and Expenses
Claims, claim expenses and policy benefits              1,700              1,372                        3,061               2,557
Insurance acquisition costs                               469                428                          940                 856
Other operating costs and expenses                        189                179                          385                 345
Minority interest in net earnings of
   consolidated subsidiaries                               22                 22                           44                  44
                                                       ------             ------                       ------              ------
Total costs and expenses                                2,380              2,001                        4,430               3,802
                                                       ------             ------                       ------              ------

Earnings before income taxes                              257                232                          377                 590


Provision for income taxes                                 62                 58                           78                 167
                                                       ------             ------                       ------              ------

Net earnings                                              195                174                          299                 423
Dividends on preferred stock                               (2)                (2)                          (4)                 (4)
Retained earnings at beginning of period                4,732              4,408                        4,630               4,161
                                                       ------             ------                       ------              ------

Retained earnings at end of period                     $4,925             $4,580                       $4,925              $4,580
                                                       ======             ======                       ======              ======
</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)                                                                                    July 1, 2000      December 31, 1999
                                                                                                 ------------      -----------------
                                                                                                 (Unaudited)
<S>                                                                                                   <C>                 <C>

Assets
Investments:
   Fixed maturity securities available-for-sale, at fair value                                     $18,256             $17,268
   Equity securities, at fair value                                                                    775               3,104
   Other invested assets                                                                             1,157               1,167
                                                                                                   -------             -------
   Total investments                                                                                20,188              21,539

Cash                                                                                                   654                 359
Premiums receivable                                                                                  3,723               3,580
Other receivables                                                                                    1,691               1,435
Reinsurance recoverables                                                                             6,829               6,029
Deferred insurance acquisition costs                                                                 1,574               1,418
Other assets                                                                                         3,475               3,201
                                                                                                   -------             -------

Total assets                                                                                       $38,134             $37,561
                                                                                                   =======             =======

Liabilities and equity
Claims and claim expenses                                                                          $18,339             $18,134
Accumulated contract values                                                                          2,219               2,164
Future policy benefits for life and health contracts                                                 2,334               2,230
Unearned premiums                                                                                    2,565               2,534
Other reinsurance liabilities                                                                        2,263               1,874
Other liabilities                                                                                    2,022               2,915
Long-term borrowings                                                                                 1,653                 956
                                                                                                   -------             -------
   Total liabilities                                                                                31,395              30,807
                                                                                                   -------             -------

Minority interest in equity of consolidated subsidiaries                                             1,178               1,179
                                                                                                   -------             -------


Accumulated non-owner changes in equity:
   Accumulated unrealized gains on investment securities - net                                        (162)                 51
   Accumulated foreign currency translation adjustments - net                                         (202)               (106)
                                                                                                   -------             -------
   Total accumulated non-owner changes in equity                                                      (364)                (55)

Preferred stock                                                                                        150                 150
Common stock                                                                                             5                   5
Paid-in capital                                                                                        845                 845
Retained earnings                                                                                    4,925               4,630
                                                                                                   -------             -------
   Total stockholder's equity                                                                        5,561               5,575
                                                                                                   -------             -------

Total liabilities and equity                                                                       $38,134             $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)


                                                                                                            Six months ended
                                                                                                    --------------------------------
(In millions)                                                                                       July 1, 2000       June 26, 1999
                                                                                                    ------------       -------------
<S>                                                                                                      <C>               <C>

Cash from (used for) operating activities                                                             $  (568)           $   401
                                                                                                      -------            -------

Cash flows from investing activities
Fixed maturity securities available-for-sale:
   Purchases                                                                                           (4,179)            (4,206)
   Sales                                                                                                2,340              3,606
   Maturities                                                                                             383                515
Equity securities:
   Purchases                                                                                             (854)            (1,142)
   Sales                                                                                                3,150              1,038
Net purchases of short-term investments                                                                    19                 89
Cash paid for acquisitions and in-force
   reinsurance transactions                                                                                 -               (239)
Other investing activities                                                                                  3                 69
                                                                                                      -------            -------
   Cash from (used for) investing activities                                                              862               (270)
                                                                                                      -------            -------

Cash flows from financing activities
Change in contract deposits                                                                               (33)                45
Net contract accumulation payments                                                                         60                (68)
Proceeds from short-term borrowings                                                                        82                 59
Principal payments on short-term borrowings                                                              (695)              (422)
Proceeds from long-term borrowings                                                                        691                400
Dividends paid                                                                                             (4)                (4)
                                                                                                      -------            -------
   Cash from financing activities                                                                         101                 10
                                                                                                      -------            -------

Effect of exchange rate changes on cash                                                                  (100)              (102)
                                                                                                      -------            -------

Increase in cash                                                                                          295                 39
Cash at beginning of period                                                                               359                258
                                                                                                      -------            -------
Cash at end of period                                                                                 $   654            $   297
                                                                                                      =======            =======
</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 balance sheets at fair value,  and changes
     in such fair  values must be  recognized  immediately  in  earnings  unless
     specific  hedging  criteria are met.  Changes in the values of  derivatives
     meeting these hedging  criteria will  ultimately  offset  related  earnings
     effects of the hedged items;  effects of  qualifying  changes in fair value
     are to be recorded in equity pending  recognition  in earnings.  Management
     has not determined the total probable  effects on its financial  statements
     of adopting SFAS No. 133, as amended, and does not believe that an estimate
     of such effects would be meaningful at this time.

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


                                                        Six months ended
                                                --------------------------------
    (In millions)                               July 1, 2000       June 26, 1999
                                                ------------       -------------

    Net earnings                                    $299                $423
    Net unrealized losses on
       investment securities                        (213)               (435)
    Foreign currency translation
       adjustments                                   (96)                (38)
                                                    ----                ----
    Total                                           $(10)               $(50)
                                                    ====                ====


                                       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:


                                                        Six months ended
                                                --------------------------------
    (In millions)                               July 1, 2000       June 26, 1999
                                                ------------       -------------

    Revenues
    Property/Casualty                              $3,778              $3,585
    Life                                            1,029                 807
                                                   ------              ------
    Total revenues                                 $4,807              $4,392
                                                   ======              ======

    Earnings before income taxes
    Property/Casualty                              $  269              $  479
    Life                                              108                 111
                                                   ------              ------
    Total earnings before income taxes             $  377              $  590
                                                   ======              ======


                                       5


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


Overview

Net earnings for the first six months of 2000 was $299  million,  a $124 million
decrease  from the  first six  months of 1999,  reflecting  a  deterioration  of
underwriting  results,  including  adverse  development  on prior year  recorded
losses, somewhat offset by an increase in other revenues,  primarily as a result
of higher 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
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:


                                                        Six months ended
                                                --------------------------------
(In millions)                                   July 1, 2000       June 26, 1999
                                                ------------       -------------

Revenues
Property/Casualty                                  $3,778              $3,585
Life                                                1,029                 807
                                                   ------              ------
Total revenues                                     $4,807              $4,392
                                                   ======              ======

Earnings before income taxes
Property/Casualty                                  $  269              $  479
Life                                                  108                 111
                                                   ------              ------
Total earnings before income taxes                 $  377              $  590
                                                   ======              ======

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 2000,  the property and casualty  combined ratio was
115.8%, compared to 106.1% 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
$210 million or 44% in the first six 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 six months of 2000, the life
operations generated revenues and earnings before income taxes of $1,029 million
and $108  million,  respectively,  compared to $807  million  and $111  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  $208  million  or  6%  in  2000,   primarily
attributable to the March 4, 1999 acquisition of Eagle Star Reinsurance  Company
Limited ("Eagle Star Re") and growth in various product lines,  with the largest
growth  occuring in the Specialty and Life lines of business.  This increase was
somewhat  offset  by higher  levels of ceded  premiums  under  aggregate  excess
retrocession programs.

Net premiums earned increased $267 million or 8% in 2000, primarily attributable
to the March 4, 1999  acquisition of Eagle Star Re and growth in various product
lines,  with the  largest  growth  occuring in the  Specialty  and Life lines of
business.  This increase was somewhat  offset by higher levels of ceded premiums
under aggregate excess retrocession programs.

Net  investment   income  increased  $43  million  or  8%  in  2000,   primarily
attributable to the increasing  interest rate environment and a repositioning of
the  investment  security  portfolio  to  include a higher  proportion  of fixed
maturity securities.

Net realized gains on investments increased $10 million or 3% in 2000, primarily
attributable to capitalizing on favorable market  conditions and a repositioning
of certain investment portfolios.

Other revenues increased $95 million or 109% in 2000, primarily  attributable to
higher levels of income associated with equity-method investments.

Claims,  claim  expenses and policy  benefits  increased  $504 million or 20% in
2000,  primarily  attributable to the increase in net premiums earned  discussed
above and a higher  combined ratio in the  property/casualty  segment (115.8% in
2000 as compared to 106.1% 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  $84  million or 10% in 2000,  which is
generally  consistent  with the  corresponding  increase in net premiums  earned
discussed  above,  excluding the effects of the higher levels of ceded  premiums
under aggregate excess retrocession programs.

Other  operating  costs  and  expenses  increased  $40  million  or 12% in 2000,
primarily  attributable  to  increases  in goodwill  amortization  and  interest
expense.

Provision  for income taxes was $78 million for the first six months of 2000 (an
effective tax rate of 20.7%),  compared to $167 million for the first six months
of 1999 (an effective tax rate of 28.3%).  The lower  effective tax rate in 2000
primarily reflects the impact of tax-exempt investment income on a lower base of
pre-tax income.


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


Date:  July 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