The largest shareholder for the reinsurance firm Transatlantic Holdings Inc. is prepared to oppose a merger with Allied World Assurance Company Holdings, citing competing bids for the reinsurer.

The plans for the merger and creation of a global specialty insurance and reinsurance company were released June 12, but yesterday in a filing with the U.S. Securities and Exchanges Commission, Davis Selected Advisors outlined their disapproval of the deal.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access