TITLE

IPC Holdings Plans Max Capital Merger

AUTHOR(S)
Green, Meg
PUB. DATE
April 2009
SOURCE
Best's Review;Apr2009, Vol. 109 Issue 12, p102
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
37614173

 

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