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Allied World Assurance Company chief executive officer Scott Carmilani has insisted that his company’s offer to merge with US reinsurer Transatlantic Holdings is superior to that of rival Validus Holdings. In a statement released yesterday, Mr Carmi...

Allied World Assurance Company will conduct a review of its operations in Bermuda as it goes through the process of merging with Transatlantic Holdings, one of its top executives told The Royal Gazette yesterday. The “merger of equals” agreement be...

Allied World Assurance Company Holdings AG has agreed to merge with US reinsurer Transatlantic Holdings Inc in a $3.2 billion deal that creates a reinsurer with operations in 18 countries - but other suitors may be tempted to make a rival bid for Tra...