September 2011/4

Barbican has held meetings with Haverford chairman Mark Byrne within the last fortnight to discuss teaming up to take over Omega, The Insurance Insider can reveal.

Recent M&A activity on both sides of the Atlantic has done much to highlight differences between how business is conducted on the two continents.

A week after the Allied World bid collapsed and Berkshire Hathaway's $52 per share cash expired, Transatlantic Re has revealed that Validus has competition from an unnamed "third party" that has already commenced due diligence.