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Allied World

Fairfax to tap Omers pension fund, other investors, to finance Allied World buy

25th January 2017

Fairfax Financial Holdings Limited is close to securing as much as $1 billion from Canada's OMERS pension fund to help finance its acquisition of Allied World Assurance Company Holdings, AG, according to reports. Prem Watsa's Canadian property & casualty insurance and reinsurance group Fairfax is set to acquire Switzerland headquartered specialty ... Read the full article

Allied World “go-shop” period expires with no offers

19th January 2017

The "go shop" period for specialty insurance, reinsurance and investments player Allied World Assurance Company Holdings, AG, under the terms of its planned merger with Canadian property & casualty insurance and reinsurance group Fairfax Financial Holdings Limited has not resulted in any offers. Fairfax is set to acquire Allied World in ... Read the full article

Execution risks sit on Allied World’s side in M&A with Fairfax Financial

21st December 2016

The execution risk associated with the impending merger of Canadian property & casualty insurance and reinsurance group Fairfax Financial Holdings Limited and specialty insurance, reinsurance and investments player Allied World Assurance Company Holdings, AG, sits largely with the latter it appears. Rating agency A.M. Best highlights that while there are ... Read the full article

Doran to join James River Group as CFO, leaving Allied World

20th December 2016

Sarah Doran is joining Bermuda based insurance and reinsurance holding company James River Group Holdings, Ltd. as Chief Financial Officer in the New Year, leaving her current role at Allied World Assurance Company Holdings, AG. Doran has been with Allied World, the re/insurer that is set to merge with Prem ... Read the full article

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