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.
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.
Validus Holdings says it has started to contact shareholders of Transatlantic Holdings by mail to urge them to vote against Transatlantics merger agreement with Allied World Assurance Co. Holdings.
The specialty lines insurance industry has been a hotbed of merger-and-acquisition activity over the past year, with deals for niche specialty brokers and managing general agents getting the most attention. PropertyCasualty360 takes a look back at some of the observations dealmakers and consultants have shared this year about the abundance...
Transatlantic Holdings Inc. says the merger offer from Validus Holdings is not a superior one to the agreed deal it has with Allied World Assurance Co. Holdings—at least, not yet.