Transatlantic Opens Buyout Talks with Berkshire’s National Indemnity August 15, 2011 By Paritosh Bansal Transatlantic Holdings opened talks with a unit of Warren Buffett’s Berkshire Hathaway on Friday over a $3.2 billion takeover offer,...
Exclusive: Unreported Insurance Mergers August 15, 2011 Editor’s Note: This article originally appeared in Insurance Journal’s Satire Issue, August 15, 2011. The content in this issue is...
Validus Sues Transatlantic; Offers Look at Books August 12, 2011 By Ben Berkowitz The three-way bidding war for reinsurer Transatlantic Holdings grew more complicated Thursday as hostile suitor Validus Holdings sued the company,...
Sources Say New China Life Files for up to $4 Billion IPO August 11, 2011 By Elzio Barreto New China Life, the country’s third-largest life insurer, has filed an application to list in a dual Hong Kong and...
SCOR Finalizes Acquisition of Transamerica Re August 10, 2011 France’s SCOR Group announced that it has finalized the acquisition of the mortality portfolio, including the operational assets and personnel,...
Transatlantic Says National Indemnity Offer May Lead to ‘Superior Proposal’ August 9, 2011 Transatlantic Holdings has agreed to discuss National Indemnity Co.’s offer to acquire all of its common stock for $52 per...
Business Moves August 1, 2011 Hub, WBS Hub has acquired the assets of Workplace Benefit Solutions (WBS) a Manchester, New Hampshire-based employee benefit brokerage and...
Business Moves August 1, 2011 FPIC, The Doctors Co. One of Florida’s major medical malpractice insurers is seeking state approval to be sold to an...
Business Moves August 1, 2011 Motorists Insurance Group American Hardware Mutual Insurance Co. has been renamed Motorists Commercial Mutual Insurance Co. (MCM). The move is...
Business Moves August 1, 2011 PEMCO Insurance PEMCO Insurance is offering home and automobile insurance coverage in Oregon. The Northwest company said it initially will...