Fairfax Financial Holdings has completed the acquisition of Bermuda-based specialty insurance company American Safety Insurance (ASI). Under the terms of the transaction, for each common share of American Safety its shareholders will ...
The shareholders of American Safety Insurance Holdings (ASI) have approved the agreement and plan of merger of the company with Fairfax Bermuda Holdings. The agreement was signed on 2 June 2013, whereas it was amended on 7 August 2013. ...
Tags: Safety Insurance, Fairfax
Bermuda-based global diversified insurance and reinsurance holding company Tower Group International (TWGP) has terminated its agreement to acquire American Safety Reinsurance (ASRe), from Fairfax Financial. Without disclosing reasons for ...
Tags: Tower Group, diversified insurance
A Bermuda holding company American Safety Insurance (ASI) has launched an enhanced version of its Site Pollution Impairment Legal Liability (SPILL) package policy, to cover exposures from sudden and gradual releases of pollutants from ...
Tags: ASI, SPILL, Package Policy
US underwriter American Safety Insurance Holdings is gearing up to acquire Cayman-based insurer Bluestone Surety for an undisclosed sum. The insurer wholly-owned subsidiary, American Safety Holdings has inked stock purchase agreement to ...
Tags: underwriter, American Safety Insurance Holdings, Bluestone Surety
American Safety Insurance has bought Bluestone Agency and its Cayman insurance subsidiary, Bluestone Surety for cash, which focuses mainly on transactional commercial surety. As per the financial data released by the underwriter, ...
Tags: American Safety Insurance, Cayman insurance, commercial surety