IPC Holdings Plans Max Capital Merger

Green, Meg
April 2009
Best's Review;Apr2009, Vol. 109 Issue 12, p102
Trade Publication
The article reports on the plan of IPC Holdings Ltd. and Max Capital Group Ltd. to merger and form the sixth-largest global underwriter in Bermuda Islands. The proposed merger will provide the holders of Max, a specialty insurer and reinsurer a fixed exchange ration and shareholders of property catastrophe reinsurer IPC will own about 58 percent of the combined company assets. The merger will carry the name Max Capital Group.


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