January 16, 2008
Securities and Exchange Commission
450 Fifth Street NW
Washington, DC 20549
RE: Schedule 13G
American Safety Insurance
As of December 31, 2007
Gentlemen:
In accordance with Section 13(d)(5) of the
Securities Exchange Act of 1934, attached please
find a copy of an initial Schedule 13G for the
above named company showing a beneficial ownership
of 5% or more as of December 31, 2007 filed on
behalf of Eagle Asset Management, Inc.
Very truly yours,
Damian Sousa
Vice President
Chief Compliance Officer
DS:jgh
Enclosures
cc: Office of the Corporate Secretary
American Safety Insurance Holdings Ltd.
The Boyle Building, 2nd floor
31 Queen Street
Hamilton, Bermuda HM11
Securities Division
NASD Financial Center
33 Whitehall Street
New York, NY 10004
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
American Safety Insurance Holdings, Ltd.
(Name of Issuer)
Common Stock par value $.01 per share
(Title of Class of Securities)
G02995101
(CUSIP Number)
Check the following box if a fee is being paid with this
statement _____. (A fee is not required only if the filing
person: (1) has a previous statement on file reporting
beneficial ownership of more than five percent of the class
of securities described in Item 1; and (2) has filed no
amendment subsequent thereto reporting beneficial ownership
of five percent or less of such class.) (See Rule 13d-7.)
*The remainder of this cover page shall be filled out for
a reporting person's initial filing on this form with respect
to the subject class of securities, and for any subsequent
amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover
page shall not be deemed to be "filed" for the purpose of
Section 18 of the Securities Exchange Act of 1934 ("Act")
or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of
the Act (however, see the Notes).
Page 1 of 5 Pages
CUSIP NO. G02995101 13G
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Eagle Asset Management, Inc. 59-2385219
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) ______
(B) ______
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Florida
NUMBER OF 5 SOLE VOTING POWER
SHARES 549,125
BENEFICIALLY 6 SHARED VOTING POWER
OWNED - - -
AS OF
DECEMBER 31, 2007 7 SOLE DISPOSITIVE POWER
BY EACH 549,125
REPORTING 8 SHARED DISPOSITIVE POWER
PERSON WITH - - -
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
549,125
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_____]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.12%
12 TYPE OF REPORTING PERSON*
IA
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 5 Pages
Item 1(a) Name of Issuer:
American Safety Insurance Holdings, Ltd.
Item 1(b) Address of Issuer's Principal Executing Offices:
The Boyle Building, 2nd floor
31 Queen Street
Hamilton, Bermuda HM11
Item 2(a) Name of Person Filing:
Eagle Asset Management, Inc.
Item 2(b) Address of Principal Business Office:
880 Carillon Parkway
St. Petersburg, Florida 33716
Item 2(c) Citizenship:
Florida
Item 2(d) Title of Class of Securities:
Common Stock par value $.01 per share
Item 2(e) CUSIP Number:
G02995101
Item 3 Type of Reporting Person:
(e) Investment Adviser registered under Section 203 of the
Investment Advisors Act of 1940
Page 3 of 5 Pages
Item 4 Ownership as of December 31, 2007
(a) Amount Beneficially Owned:
549,125 shares of common stock beneficially owned including:
No. of Shares
Eagle Asset Management, Inc. 549,125
(b) Percent of Class: 5.12%
(c) Deemed Voting Power and Disposition Power:
(i) (ii) (iii) (iv)
Deemed Deemed
Deemed Deemed to have to have
to have to have Sole Power Shared Power
Sole Power Shared Power to Dispose to Dispose
to Vote or to Vote or or to or to
to Direct to Direct Direct the Direct the
to Vote to Vote Disposition Disposition
Eagle Asset 549,125 ---- 549,125 ----
Management, Inc.
Item 5 Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact
that as of the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of securities,
check the following.
(___)
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
N/A
Item 7 Identification and Classification of the Subsidiary which Acquired
the Security Being Reported on by the Parent Holding Company:
N/A
Page 4 of 5 Pages
Item 8 Identification and Classification of Members of the Group: N/A
Item 9 Notice of Dissolution of Group: N/A
Item 10 Certification:
By signing below I certify that to the best of my knowledge
and belief, the securities referred to above were acquired
in the ordinary course of business and were not acquired for
purpose of and do not have the effect of changing or
influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any
transaction having such purposes or effect.
Signature
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement
is true, complete and correct.
Date: January 16, 2008 EAGLE ASSET MANAGEMENT, INC.
__________________________________
Damian Sousa
Vice President
Chief Compliance Officer
Page 5 of 5 Pages