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Less than a month after Max Capital and IPC Re announced their boards approved a merger deal valued at roughly $900 million, Validus Holdings has presented the IPC board with a rival bid valued at $1.68 billion.

While underwriters at Bermuda insurance and reinsurance companies remained focused on their defensive games in fourth-quarter 2008 and early 2009, offensive strategies are being planned, executives

Validus Holding, Ltd. said it expects its insured losses from Hurricanes Ike and Gustav to amount to $185 million, adding that it believes industrywide losses from Ike could be $4 billion higher than

"In a quarter which saw individual risk losses of over $5 billion in the global market and continued turmoil in the credit markets, reporting solid net income of $66.5 million and maintaining a conser

With a second straight year of benign loss activity contributing to a second year of record earnings, Bermuda insurers and reinsurers ranging from established old-timers to relative toddlers face an

An influential lawmaker pushing the nation's insurance commissioners to open up their locked-door executive sessions suggested today that states might seek a cut of the revenue generated by sharing da

Two key state legislators who are demanding that the National Association of Insurance Commissioners end locked-door proceedings managed to get by a security guard last week and secure admittance to

SAN FRANCISCO--Two key state legislators who are demanding that the National Association of Insurance Commissioners end locked-door proceedings managed to get by a security guard yesterday and secure a