-
By Reuters |
November 28, 2011
Reinsurer Validus Holdings on Monday withdrew its offer for peer Transatlantic Holdings, ending a months-long hostile takeover battle.
-
By Chad Hemenway, PropertyCasualty360.com |
November 21, 2011
Transatlantic Holdings is to become an independent subsidiary of property and liability insurer Alleghany Corp. under the terms of an agreement valuing Transatlantic at about $3.4 billion.
-
By Phil Gusman, PropertyCasualty360.com |
November 7, 2011
The sparring between Transatlantic Holdings and Validus Holdings over the latter’s bid to acquire the former continues with Validus criticizing an investor presentation by Transatlantic’s board explaining why shareholders should reject Validus’ latest offer.
-
By Chad Hemenway, PropertyCasualty360.com, Mark E. Ruquet |
November 4, 2011
Third-quarter results are rolling in, and the theme remains the same as it has been throughout the year: Catastrophe losses are dragging down profits.
-
By Chad Hemenway, PropertyCasualty360.com |
November 3, 2011
The latest offer from Validus Holdings to buy Transatlantic Holdings has been rejected—the latest chapter in the pursuit of the New York-based international reinsurance company.
-
By Chad Hemenway, PropertyCasualty360.com |
October 28, 2011
Results were not good for Bermuda-based insurance companies reporting third-quarter results late Thursday.
-
By Phil Gusman, PropertyCasualty360.com |
September 26, 2011
Business has picked up in the bidding for Transatlantic Holdings since the New York-based reinsurer and Allied World Assurance called off their proposed merger, as Transatlantic says it has entered into two confidentiality agreements: one with Validus Holdings and one with an undisclosed third party.
-
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.
-
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.
-
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.
