Validus Holdings Ltd. has named Gary Tiepelman senior vice president of Western World Insurance Co. The appointment is effective Nov. 16. Tiepelman will open and manage Western World’s Scottsdale, Ariz. office, writing on behalf of Western World, and will commence …
Investment vehicles set up by Paulson & Co. and Highbridge Capital Management in tax-friendly Bermuda may be under threat from the U.S. Internal Revenue Service. The IRS, in proposed rules published Thursday, said that the favorable treatment enjoyed by insurers …
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 …
