<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 April 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 May 15,  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
                                                                                                   ---------------------------------
(In millions)                                                                                      April 1, 2000      March 27, 1999
                                                                                                   -------------      --------------
<S>                                                                                                     <C>                <C>

Revenues
Net premiums written                                                                                  $1,855             $1,840
                                                                                                      ======             ======

Net premiums earned                                                                                   $1,738             $1,674
Net investment income                                                                                    290                278
Net realized gains on investments                                                                         35                170
Other revenues                                                                                           107                 37
                                                                                                      ------             ------
Total revenues                                                                                         2,170              2,159
                                                                                                      ------             ------

Costs and Expenses
Claims, claim expenses and policy benefits                                                             1,361              1,185
Insurance acquisition costs                                                                              471                428
Other operating costs and expenses                                                                       196                166
Minority interest in net earnings of
   consolidated subsidiaries                                                                              22                 22
                                                                                                      ------             ------
Total costs and expenses                                                                               2,050              1,801
                                                                                                      ------             ------

Earnings before income taxes                                                                             120                358


Provision for income taxes                                                                                16                109
                                                                                                      ------             ------

Net earnings                                                                                             104                249
Dividends on preferred stock                                                                              (2)                (2)
Retained earnings at beginning of period                                                               4,630              4,161
                                                                                                      ------             ------

Retained earnings at end of period                                                                    $4,732             $4,408
                                                                                                      ======             ======
</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)                                                                                   April 1, 2000      December 31, 1999
                                                                                                -------------      -----------------
                                                                                                 (Unaudited)
<S>                                                                                                   <C>                 <C>

Assets
Investments:
   Fixed maturity securities available-for-sale, at fair value                                     $17,965             $17,268
   Equity securities, at fair value                                                                  1,865               3,104
   Other invested assets                                                                             1,397               1,167
                                                                                                   -------             -------
   Total investments                                                                                21,227              21,539

Cash                                                                                                   445                 359
Premiums receivable                                                                                  3,617               3,580
Other receivables                                                                                    1,475               1,435
Reinsurance recoverables                                                                             6,143               6,029
Deferred insurance acquisition costs                                                                 1,527               1,418
Other assets                                                                                         3,495               3,201
                                                                                                   -------             -------

Total assets                                                                                       $37,929             $37,561
                                                                                                   =======             =======

Liabilities and equity
Claims and claim expenses                                                                          $18,380             $18,134
Accumulated contract values                                                                          2,126               2,164
Future policy benefits for life and health contracts                                                 2,228               2,230
Unearned premiums                                                                                    2,606               2,534
Other reinsurance balances                                                                           1,751               1,874
Other liabilities                                                                                    2,962               2,915
Long-term borrowings                                                                                   956                 956
                                                                                                   -------             -------
   Total liabilities                                                                                31,009              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                                         127                  51
   Accumulated foreign currency translation adjustments                                               (117)               (106)
                                                                                                   -------             -------
   Total accumulated non-owner changes in equity                                                        10                 (55)

Preferred stock                                                                                        150                 150
Common stock                                                                                             5                   5
Paid-in capital                                                                                        845                 845
Retained earnings                                                                                    4,732               4,630
                                                                                                   -------             -------
   Total stockholder's equity                                                                        5,742               5,575
                                                                                                   -------             -------

Total liabilities and equity                                                                       $37,929             $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)


                                                                                                          Three months ended
                                                                                                   ---------------------------------
(In millions)                                                                                      April 1, 2000      March 27, 1999
                                                                                                   --------------     --------------
<S>                                                                                                      <C>               <C>

Cash from (used for) operating activities                                                             $  (233)          $   655
                                                                                                      -------           -------

Cash Flows From Investing Activities
Fixed maturity securities available-for-sale:
   Purchases                                                                                           (2,197)           (2,019)
   Sales                                                                                                1,124             1,800
   Maturities                                                                                             271               421
Equity securities:
   Purchases                                                                                             (683)             (601)
   Sales                                                                                                2,003               450
Net purchases of short-term investments                                                                  (189)              (79)
Cash paid for acquisitions and in-force
   reinsurance transactions                                                                                 -              (239)
Other investing activities                                                                                (28)               22
                                                                                                      -------           -------
   Cash from (used for) investing activities                                                              301              (245)
                                                                                                      -------           -------

Cash Flows From Financing Activities
Change in contract deposits                                                                                (1)               30
Net contract accumulation payments                                                                        (37)              (36)
Proceeds from short-term borrowings                                                                       159               112
Principal payments on short-term borrowings                                                               (48)             (498)
Proceeds from long-term borrowings                                                                          -               400
Dividends paid                                                                                             (2)               (2)
                                                                                                      -------           -------
   Cash from financing activities                                                                          71                 6
                                                                                                      -------           -------

Effect of exchange rate changes on cash                                                                   (53)              (48)
                                                                                                      -------           -------

Increase in cash                                                                                           86               368
Cash at beginning of period                                                                               359               258
                                                                                                      -------           -------
Cash at end of period                                                                                 $   445           $   626
                                                                                                      =======           =======
</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 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.  Certain  siginficant  refinements  and
     interpretations  of SFAS No. 133 are being deliberated by the FASB, and the
     effects on accounting for the company's  financial  instruments will depend
     to some degree on the  results of such  deliberations.  Management  has not
     determined  the total  probable  effects  on its  financial  statements  of
     adopting  SFAS No.  133,  and does not  believe  that an  estimate  of such
     effects would be meaningful at this time.





                                       4


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


                     GE GLOBAL INSURANCE HOLDING CORPORATION
                                AND SUBSIDIARIES

        Notes to Condensed, Consolidated Financial Statements (Continued)



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


                                                      Three months ended
                                               ---------------------------------
    (In millions)                              April 1, 2000      March 27, 1999
                                               -------------      --------------

    Net earnings                                   $ 104               $ 249
    Net unrealized gains (losses) on
       investment securities                          76                (100)
    Foreign currency translation
       adjustments                                   (11)                (24)
                                                   -----               -----
    Total                                          $ 169               $ 125
                                                   =====               =====


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


                                                      Three months ended
                                               ---------------------------------
    (In millions)                              April 1, 2000      March 27, 1999
                                               -------------      --------------

    Revenues
    Property/Casualty                              $1,666             $1,746
    Life                                              504                413
                                                   ------             ------
    Total revenues                                 $2,170             $2,159
                                                   ======             ======

    Earnings before income taxes
    Property/Casualty                              $   69             $  304
    Life                                               51                 54
                                                   ------             ------
    Total earnings before income taxes             $  120             $  358
                                                   ======             ======


                                       5


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


Overview

Net earnings for the first three months of 2000 was $104 million, a $145 million
decrease from the first three months of 1999, reflecting: (1) a deterioration of
underwriting  results,  including  adverse  development  on prior year  recorded
losses and (2) a  significant  decrease  in the level of net  realized  gains on
investments,  due primarily to a decision to restructure the domestic investment
portfolio  to  substantially  reduce  the  level of  equity  security  holdings,
somewhat offset by (3) 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 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:


                                                      Three months ended
                                               ---------------------------------
(In millions)                                  April 1, 2000      March 27, 1999
                                               -------------      --------------

Revenues
Property/Casualty                                  $1,666             $1,746
Life                                                  504                413
                                                   ------             ------
Total revenues                                     $2,170             $2,159
                                                   ======             ======

Earnings before income taxes
Property/Casualty                                      69             $  304
Life                                                   51                 54
                                                   ------             ------
Total earnings before income taxes                 $  120             $  358
                                                   ======             ======

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 three months of 2000, the property and casualty combined ratio was
112.4%, compared to 100.9% 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
$235 million or 77% in the first three months of 2000, primarily attributable to
the significant  increase in the combined ratio and the decrease in net realized
gains on investments.

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 three months of 2000, the life
operations  generated  revenues and earnings before income taxes of $504 million
and $51  million,  respectively,  compared  to  $413  million  and $54  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 $15 million or 1% 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
substantially  offset by higher levels of ceded premiums under aggregate  excess
retrocession programs.

Net premiums earned increased $64 million or 4% 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  substantially  offset by higher  levels of ceded
premiums under aggregate excess retrocession programs.

Net  investment   income  increased  $12  million  or  4%  in  2000,   primarily
attributable to the increasing interest rate environment,  partially offset by a
slight reduction in the overall size of the investment portfolio.

Net  realized  gains  on  investments  decreased  $135  million  or 79% in 2000,
primarily   attributable  to  management's  decision to restructure the domestic
investment  portfolio  to  substantially  reduce  the level of  equity  security
holdings.

Other revenues increased $70 million or 189% in 2000, primarily  attributable to
higher levels of income associated with equity-method investments.

Claims,  claim  expenses and policy  benefits  increased  $176 million or 15% in
2000,  primarily  attributable to the March 4, 1999 acquisition of Eagle Star Re
and adverse development on prior year recorded losses.

Insurance  acquisition  costs  increased  $43  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  $30  million  or 18% in 2000,
primarily attributable to increases in goodwill amortization,   salaries expense
and interest expense.

Provision  for income  taxes was $16 million for the first three  months of 2000
(an effective  tax rate of 13.3%),  compared to $109 million for the first three
months  of 1999  (an  effective  tax rate of  30.5%).  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.


                                       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:  May 15, 2000       By:             /s/ ROBERT J. DELLINGER
                               -------------------------------------------------
                                              Robert J. Dellinger
                               Senior Vice President and Chief Financial Officer
                                         (Principal Financial Officer)


Date:  May 15, 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