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On June 12 of this year, New York-based Transatlantic Holdings Inc. and Swiss-based Allied World Assurance Co. Holdings announce a $3.2 billion merger deal that executives say will create a global specialty insurer and reinsurer operating in 18 countries on six continents.

The new company, to be called “TransAllied,” would manage $8.5 billion in total capital, according to Robert Orlich, president and CEO of Transatlantic.

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