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By Chad Hemenway, PropertyCasualty360.com |
March 7, 2012
Allied World Assurance Co. Holdings says David Bell, chief operating officer, is leaving the company to pursue other interests in Montana. The news comes a day after Alleghany Corp. and Transatlantic Holdings Inc. announced the closing of their merger deal.
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By Chad Hemenway, PropertyCasualty360.com |
January 19, 2012
Transatlantic Holdings Inc. leads the latest group of insurers reporting losses related to the flooding in Thailand, with an expected $72 million hit to fourth-quarter results.
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By Chad Hemenway, PropertyCasualty360.com |
November 1, 2011
Validus Holdings Ltd. says it has extended its offer for Transatlantic Holdings Inc. until Nov. 25.
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By Chad Hemenway, PropertyCasualty360.com |
October 27, 2011
Transatlantic Holdings Inc. says third-quarter net income was down nearly 50 percent due to $71 million in catastrophe losses and $57 million in costs mostly related to the termination of its merger agreement with Allied World Assurance Co. Holdings.
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By Phil Gusman, PropertyCasualty360.com |
October 10, 2011
A blow-by-blow recounting of the ongoing, dramatic, multi-party efforts at a mega-deal.
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By Chad Hemenway, PropertyCasualty360.com |
September 19, 2011
Warren Buffett’s National Indemnity Co. has reinstated its cash offer of $52 per share for Transatlantic Holdings Inc.
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By Chad Hemenway, PropertyCasualty360.com |
September 16, 2011
The saga that was the attempted merger of Transatlantic Holdings and Allied World Assurance Co. Holdings has ended with what each are calling a mutual agreement, which makes Transatlantic $48 million lighter.
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By Chad Hemenway, PropertyCasualty360.com |
September 15, 2011
Less than a week before shareholders of Transatlantic Holdings are set to vote on a potential merger with Allied World Assurance Co., Validus Holdings—a competing bidder—is looking to oust Transatlantic’s board.
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By Chad Hemenway, PropertyCasualty360.com |
September 12, 2011
A major shareholder advisory firm has recommended shareholders of Transatlantic Holdings vote against its proposed merger with Allied World Assurance.
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By Staff Writer |
September 2, 2011
Transatlantic Holdings Inc.’s board of directors is not pursuing a “value-maximizing strategy” and is putting up “self-imposed roadblocks” to discussions with Validus Holdings, according to a Validus letter to Transatlantic shareholders.
