acquistions News

Report Validus Nears $600 Million Deal for Insurer Western World

Validus Holdings Ltd., the Bermuda- based reinsurer, is near an agreement to acquire specialty insurer Western World Insurance Group, people familiar with the matter said. Validus could announce a deal valuing Western World at more than $600 million later this …

Allianz Seeking ‘Takeover Gems’ in Post-crisis Financial Wreckage

Allianz SE, Europe’s biggest insurer, will proceed with caution as it searches for takeover gems among the jetsam washed up by the financial market storm. The German group has said it is ready to come out of its shell to …