Blog
Allied World and Transatlantic nix merger
Posted by RJ & Makay on September 16, 2011
Allied World Assurance Co. Holdings and Transatlantic Holdings, Inc. called off their merger today in the face of overwhelming opposition, and Transatlantic said it might remain independent despite two higher offers currently on the table. Shareholders were to vote on the Allied deal next Tuesday, but it was anticipated that ...
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Reinsurance business continues to attract investors
Posted by RJ & Makay on August 11, 2011
The recent spotlight on Transatlantic Holdings is drawing fresh attention to the reinsurance business. The potential for lucrative fees and quick returns has long made the sector a darling of Wall Street. In a typical year, reinsurers collectively write about $100 billion in new premiums. The amount earned ultimately hinges ...
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