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Bermuda insurers and reinsurers see price increases for property catastrophe risks, but recent events are not translating into broader industry increases, according to report released by Keefe, Bruyette & Woods.

Allied World Assurance Company Holdings, AG and Transatlantic Holdings, Inc. announced a $3.2 billion merger deal that executives say will create a global specialty insurer and reinsurer operating in 18 countries on six continents.

Yesterday, Transatlantic Holdings, Inc. and Allied World Assurance Company Holdings, AG announced a $3.2 billion merger deal that executives say will create a global specialty insurer and reinsurer operating in 18 countries on six continents.

Losses from the Feb. 22 New Zealand earthquake are expected to be in the $30 million to $40 million range for Swiss-based Allied World Assurance Company Holdings.

Bermuda-based reinsurer Allied World Assurance Company Holdings, Ltd., said Frank D'Orazio has been named its new chief underwriting officer and David Bell its new chief operating and administrative o

The Bermuda company wasn't the only one headquartered on the island to announce a deal to buy a specialty operation this month, with Ironshore setting its sights on London, proposing to buy Lloyd's

Scott Carmilani, chairman and chief executive officer of Allied World Assurance Corp., said during a conference call today that after the deal closes the combined businesses will write $1.8 billion. I

Allied World Assurance Co. Ltd. has agreed to acquire Darwin Professional Underwriters Inc. Darwin's president and chief executive officer Stephen J. Sills will retire upon the closing of the transaction. Jack Sennott, Darwin's chief financial