approval News

Flagstone Re Shareholders Approve Acquisition by Validus

Bermuda-based Validus Holdings, Ltd. announced that the shareholders of Flagstone Reinsurance Holdings, S.A. approved all matters required to be approved by Flagstone’s shareholders in order for Validus to acquire Flagstone, with the support of more than 99 percent of the …

Aon Shareholders Approve Domicile Move to London

Aon Corp. announced that its stockholders voted overwhelmingly in favor of the proposal to approve the previously announced change in corporate domicile of the parent company of the Aon group of companies from Delaware to the U.K. at a special …

Best Named First Rating Agency Approved in New Zealand

A.M. Best Asia Pacific Ltd has become the first rating agency to be approved by the Reserve Bank of New Zealand under the conditions of the Insurance (Prudential Supervision) Act 2010. The registration became effective on April 15, 2011. Susanna …