SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* FAIRFAX FINANCIAL HOLDINGS LTD/ CAN (Last) (First) (Middle) 95 WELLINGTON STREET WEST, SUITE 800 (Street) TORONTO, ON M5J2N7 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 07/27/2007	3. Issuer Name and Ticker or Trading Symbol International Coal Group, Inc. [ ICO ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, $0.01 Par Value ("Shares")	1,200,000	D
Common Stock, $0.01 Par Value	16,299,500	I	See Footnote(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
9.00% Convertible Senior Notes due 2012 (the "Senior Notes")	02/01/2012(2)	(3)	Common Stock, $0.01 par value	2,457,204(4)	(4)	D
9.00% Convertible Senior Notes due 2012	02/01/2012(2)	(3)	Common Stock, $0.01 par value	2,457,204(4)	(4)	I	See Footnote(5)

1. Name and Address of Reporting Person* FAIRFAX FINANCIAL HOLDINGS LTD/ CAN (Last) (First) (Middle) 95 WELLINGTON STREET WEST, SUITE 800 (Street) TORONTO, ON M5J2N7 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* WATSA V PREM ET AL (Last) (First) (Middle) 95 WELLINGTON STREET WEST, SUITE 800 (Street) TORONTO, ON M5J2N7 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* 1109519 ONTARIO LTD (Last) (First) (Middle) 95 WELLINGTON STREET WEST, SUITE 800 (Street) TORONTO, ON M5J2N7 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* SIXTY TWO INVESTMENT CO LTD (Last) (First) (Middle) 1600 CATHEDRAL PLACE 925 WEST GEORGIA ST. (Street) VANCOUVER, BC V6C3L3 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* 810679 ONTARIO LTD (Last) (First) (Middle) 95 WELLINGTON STREET WEST, SUITE 800 (Street) TORONTO, ON M5J2N7 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* TIG INSURANCE CO (Last) (First) (Middle) 5205 NORTH O'CONNOR BLVD. (Street) IRVING, TX 75039 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ODYSSEY RE HOLDINGS CORP (Last) (First) (Middle) 300 FIRST STAMFORD PLACE (Street) STAMFORD, CT 06902 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ODYSSEY AMERICA REINSURANCE CORP (Last) (First) (Middle) 300 FIRST STAMFORD PLACE (Street) STAMFORD, CT 06902 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* UNITED STATES FIRE INSURANCE CO (Last) (First) (Middle) 305 MADISON AVENUE (Street) MORRISTOWN, NJ 07962 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* NORTH RIVER INSURANCE CO (Last) (First) (Middle) 305 MADISON AVENUE (Street) MORRISTOWN, NJ 07962 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. 8,343,363 Shares are held by Odyssey America Reinsurance Corporation, 1,435,900 Shares are held by United States Fire Insurance Company, 4,682,237 Shares are held by The North River Insurance Company and 1,838,000 Shares are held by TIG Insurance Company.

2. The Senior Notes may become convertible earlier than 02/01/12 upon the occurrence of certain trigger events, as set forth in the indenture (the "Indenture") governing the Senior Notes.

3. The Senior Notes will be convertible until the close of business on the business day immediately preceding 08/01/12.

4. The Senior Notes are convertible into cash and, if applicable, Shares based on an initial conversion rate, subject to adjustment, of 163.8136 Shares per $1,000 principal amount of Senior Notes. Upon conversion, in lieu of Shares, for each $1,000 principal amount of Senior Notes a holder will receive an amount in cash equal to the lesser of (i) $1,000 and (ii) the conversion value, determined in the manner set forth in the Indenture governing the Senior Notes. If the conversion value exceeds $1,000, ICO will also deliver, at its election, cash or Shares or a combination of cash and Shares for the conversion value in excess of $1,000.

5. $7.5 million of Senior Notes are held by Odyssey America Reinsurance Corporation and $7.5 million of Senior Notes are held by TIG Insurance Company.

	/s/ Paul Rivett	08/03/2007
	/s/ V. Prem Watsa	08/03/2007
	/s/ V. Prem Watsa	08/03/2007
	/s/ V. Prem Watsa	08/03/2007
	/s/ V. Prem Watsa	08/03/2007
	/s/ William J. Gillett	08/03/2007
	/s/ Donald L. Smith	08/03/2007
	/s/ Donald L. Smith	08/03/2007
	/s/ Felicia Garland	08/03/2007
	/s/ Felicia Garland	08/03/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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