Thank you for sharing!

Your article was successfully shared with the contacts you provided.
(Bloomberg) — Validus Holdings Ltd., the Bermuda- based reinsurer, agreed to buy Western World Insurance Group Inc. for $690 million in cash to expand in specialty lines of coverage in the U.S.

Western World, based in Franklin Lakes, New Jersey, will operate as a separate business, Validus said today in a statement.

Dig Deeper


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.