February 2015/4
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Final bids for up-for-sale Bermudian Montpelier Re are due this week as the two-and-a-half-month-long sales process enters the home straight, The Insurance Insider understands.
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For many chroniclers, Fairfax's agreed takeover of Brit of last week will fit neatly into a narrative around industry consolidation that they have constructed in the past quarter from M&A events.
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Catlin COO Paul Jardine will remain with the company following its acquisition by XL, with the integration work set to be spearheaded by XL's Myron Hendry and Catlin's Adi Spieler, according to an internal memo obtained by The Insurance Insider