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ACP Re/Tower Group Merger Deal Finally Closes

After months of uncertainty, the merger of ACP Re Ltd. and struggling reinsurer Tower Group International has finally closed. Bermuda-based ACP Re and Tower announced on Sept. 12 that all regulatory ...
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XL Group Grabs Minority Stake in Ada Investments

An affiliate of XL Group plc, the global insurance and reinsurance company, recently bought up a minority stake in Ada Investments. Neither side is disclosing specifics. Ada Investments is based in ...
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Navigators Expands European Operations

The Navigators Group Inc., an international specialty insurance holding company, is pursuing a European expansion. Its European underwriting management subsidiary, Navigators Underwriting Ltd., has ...