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Billionaire hedge fund executive Steven Cohen is dipping his toe even further into the reinsurance market with the purchase of a 5.2 percent stake in Bermuda-based Validus Re. The stock purchase by Mr Cohen’s SAC Capital Advisors’ is a passive invest...

Billionaire hedge fund executive Steven Cohen is dipping his toe even further into the reinsurance market with the purchase of a 5.2 percent stake in Bermuda-based Validus Re. This, according to a brief in BusinessWeek. The news comes on the heels o...

Bermuda reinsurer Validus Holdings today withdrew its offer for American peer Transatlantic Holdings, ending a months-long hostile takeover battle. Validus launched its offer in July, attempting to break up a deal Transatlantic already had with Allie...

Another bidder is in the running to acquire US reinsurer Transatlantic Holdings. The company announced yesterday that it had reached a confidentiality agreement and was in discussions with a third party. This is in addition to Bermuda-based reinsurer...

The fight for Transatlantic Holdings Inc stepped up a notch yesterday after Bermuda-based Validus Holdings Ltd announced plans to replace Transatlantic’s board. In a statement, Validus said the Transatlantic board had acted to “thwart” its unsolicite...

Bermuda-based reinsurer Validus Holdings Ltd continued the verbal tit-for-tat surrounding its efforts to take over US reinsurer Transatlantic Holdings Ltd. Last week Validus put in an offer intended to derail a previously announced merger agreement ...