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Fairfax Financial Holdings Has Completed The Acquisition of ASI

Oct 8, 2013

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 ...

Tags: Safety Insurance, Fairfax Financial

ASI Approved The Agreement and Plan of Merger of The Company with Fairfax Bermuda Holdings

Aug 28, 2013

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

TWGP Has Terminated Its Agreement to Acquire American Safety Reinsurance

Aug 22, 2013

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

ASI Has Launched an Enhanced Version of Its SPIL Package Policy

Dec 17, 2012

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

Myanmar Would Set up Their Insurance Operations in Myanmar

Dec 7, 2012

Myanmar has finally opened its insurance sector for private underwriters to set up their insurance operations in Myanmar, which was officially closed for them since 1963, after nationalization of 78 foreign insurance companies previously ...

Tags: Myanmar, Private Insurance, nationalization

American Safety Insurance Holdings Is Gearing up to Acquire Bluestone Surety

Dec 6, 2012

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

Moreland Insurance Has Signed an Agreement with Hiscox to Jointly Launch a New Policy

Dec 3, 2012

Moreland Insurance has signed an agreement with Hiscox to jointly launch a new policy, aimed to develop a ‘comprehensive safety net' for franchisors. Moreland director Maurice Logie said that the launch marks a significant step in ...

Tags: Moreland Insurance, Hiscox, safety insurance, insurance

American Safety Has Bought Bluestone Agency and Cayman Insurance Subsidiary

Jul 3, 2012

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

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