Noonan Archives - Carrier Management

Validus Buying Western World for Nearly $700M

Validus Holdings announced Monday that it signed a definitive agreement to acquire Western World Insurance Group for nearly $700 million, in a deal that leaves the management team and brand of the ...

Validus Looking to Grow in U.S. Insurance Market, CEO Says

The chief executive officer of Validus Holdings said that there are growth opportunities for the group's insurance operations in the United States, at a time when growth for the Bermuda reinsurance ...

Will Validus Remain on Sidelines as Bermuda Consolidates?

With consolidation talk heating up in Bermuda this week, followers of the island market and its acquisition activity over the past decade wonder about the plans of Bermuda's most active acquirer in ...

TRIA Changes Debated: Congressional Hearing Highlights

Representatives of the property/casualty insurance industry all testified in favor of extending the Terrorism Risk Insurance Act during a House Financial Services committee hearing last week, but ...

We Can Write Terror Risk: Part II

The leader of a firm thought to be the world's largest investment manager of catastrophe bonds told federal lawmakers last week that the insurance-linked securities market is poised to provide ...

We Can Write Terror Risk, Industry Execs Say

At least two property/casualty insurance and reinsurance industry executives highlighted the industry's capacity to write terrorism coverage during recent earnings calls, with the most forceful ...