merger approval News

Montpelier Re to Hold Special Shareholders’ Meeting on Endurance Acquisition

Bermuda-based Montpelier Re Holdings Ltd announced that it has scheduled a special general meeting of its shareholders to “consider and vote upon a proposal to approve the previously announced Agreement and Plan of Merger,” dated March 31, 2015. Shareholders will …

Sunderland Marine Members Vote for Merger with North of England P&I Club

UK-based P&I Club Sunderland Marine (SMMI) announced that its members “voted strongly in favor” of the proposed merger with North of England P&I Club at an Extraordinary General Meeting held on January 28, 2014. The bulletin noted that North of …

Transatlantic, Allied World off CreditWatch as Merger Looks Less Likely: S&P

Standard & Poor’s Ratings Services has removed both Transatlantic Holdings and Allied World Assurance Co. Holdings AG from its CreditWatch Positive, where they were placed on June 13, following the announcement of their merger agreement. S&P’s long-term counterparty credit rating …