Berkshire's Montross Says in Ottawa He Expects Bermuda Reinsurer Deals Oct 2, 2009
Oct. 1 (Bloomberg) -- , the chief executive officer of Berkshire Hathaway Inc.s General Re Corp., said more Bermuda-based reinsurers may combine after Validus Holdings Ltd. acquired IPC Holdings Ltd. for about $1. 7 billion. (Bloomberg -- Canada)
Buffett Still Has the Touch Aug 6, 2009
Yet Buffett has sold shares of oil company ConocoPhillips and credit rater Moody's Corp, and according to reports eyed acquisitions involving consumer finance company CIT Group and reinsurer IPC Holdings. "There may be deals Berkshire can do in the next 12 months, after owners had been paralyzed by uncertainty," Armstrong said. (Newsmax)
Hostile offers hit highest level Jul 3, 2009
July already saw one competing offer, with Flagstone Reinsurance Holdings Ltd bidding for IPC Holdings Ltd, a reinsurance company fending off another unsolicited bidder -- Validus Holdings Ltd.. Read business stories in. (India Times)
IPC Holdings Announces Improved Deal With Max Capital Group Jun 5, 2009
Press Release Source: IPC Holdings, Limited ... HAMILTON, Bermuda, June 4, 2009 (GLOBE NEWSWIRE) -- IPC Holdings, Ltd. (Nasdaq: - ; BSX:IPCR BH) announced today that, with the consent of Max Capital Group Ltd. (Nasdaq: - ; BSX:MXGL BH), IPC will pay two special cash dividends that will deliver $2 ... "A proxy supplement describing the amendments to the amalgamation agreement will be mailed to IPC shareholders. The date of IPC's annual general meeting of shareholders, at which shareholders will... (Primezone Releases)
IPC Holdings Mails Proxy Materials and Letter to Shareholders May 8, 2009
Press Release Source: IPC Holdings, Limited ... HAMILTON, Bermuda, May 7, 2009 (GLOBE NEWSWIRE) -- IPC Holdings, Ltd. (NasdaqGS: - ) (BSX: IPCR BH) today announced that the joint proxy statement/prospectus for its amalgamation with Max Capital Group Ltd. (NasdaqGS: - ) (BSX: MXGL BH) has been declared effective by the U.S. Securities and Exchange Commission and that both companies have commenced mailing definitive proxy materials to shareholders of record as of the close of business on April 28,... (Primezone Releases)
IPC Remains Committed to Superior Max Transaction, Strongly Urges Shareholders Not to Tender Shares in Proposed Validus Exchange Offer May 1, 2009
Press Release Source: IPC Holdings, Limited ... HAMILTON, Bermuda, April 30, 2009 (GLOBE NEWSWIRE) -- IPC Holdings, Ltd. (NasdaqGS: - ) (BSX: IPCR BH) today announced that the IPC board of directors has unanimously reaffirmed its belief that the acquisition proposal made by Validus Holdings, Ltd. (NYSE: - ) does not represent a superior proposal and continues to recommend that IPC shareholders vote in favor of the business combination with Max Capital Group Ltd. (NasdaqGS: - ) (BSX: MXGL BH) ...... (Primezone Releases)
IPC Holdings' Board of Directors Unanimously Reaffirms Recommendation to Combine With Max Capital Apr 8, 2009
Press Release Source: IPC Holdings, Limited ... HAMILTON, Bermuda, April 7, 2009 (GLOBE NEWSWIRE) -- IPC Holdings, Ltd. (NasdaqGS: - ) today announced that its board of directors has unanimously reaffirmed its recommendation that IPC shareholders vote to approve the definitive amalgamation agreement between IPC and Max Capital Group Ltd. (NasdaqGS: - ) (BSX: MXGL BH) ... Sincerely, Kenneth L. Hammond Chairman of the Board of Directors On Behalf of the IPC Holdings Board of Directors. (Primezone Releases)
IPC Holdings, Ltd. Issues Statement Regarding Proposal From Validus Holdings, Ltd. Apr 1, 2009
Press Release Source: IPC Holdings, Limited ... HAMILTON, Bermuda, March 31, 2009 (GLOBE NEWSWIRE) -- IPC Holdings, Ltd. (NasdaqGS: - ) (``IPC'') acknowledges receipt of an unsolicited letter dated today, March 31, 2009, from Validus Holdings, Ltd. (NYSE: - ) (``Validus'') outlining a proposed transaction ... This press release includes statements about future economic performance, finances, expectations, plans and prospects of both IPC Holdings, Ltd. (``IPC'') and Max Capital Group Ltd.... (Primezone Releases)
Sen. Dodd's Wife Paid by AIG Mar 26, 2009
com, Jackie Clegg Dodd worked as an outside director from 2001 to 2004 for a Bermuda-based company affiliated with AIG IPC Holdings Ltd.. In 2003, Clegg received $12,000 per year and an additional $1,000 for each IPC directors and committee meeting she attended, according to a proxy statement. (Newsmax)
Dodd's Wife a Former Director of AIG Controlled Company... Mar 25, 2009
RealClearPolitics - Articles - Dodd's Wife a Former Director of Bermuda-Based IPC Holdings, an AIG Controlled Company ... Dodd's Wife a Former Director of Bermuda-Based IPC Holdings, an AIG Controlled Company. (The Drudge Report)
Congress: Little Dictators Mar 25, 2009
Also that his wife was a former director of IPC Holdings, a company controlled by AIG.. We wish all this tinkering with the private sector was limited to Congress. (Investors Business Daily)
Webcast Alert: IPC Holdings, Ltd. Announces First Quarter 2009 Earnings Webcast Mar 24, 2009
Press Release Source: IPC Holdings, Limited ... PEMBROKE, Bermuda, March 23, 2009 (GLOBE NEWSWIRE) -- IPC Holdings, Ltd. (NasdaqGS: - ) announces the following webcast ... What: IPC Holdings, Ltd. 1st Quarter 2009 Conference Call When: Friday April 24th, 2009 at 8:30 AM Eastern Conference dial-in number -- 877-852-6575 or 719-325-4745. (Primezone Releases)
IPC Holdings, Ltd. Reports Fourth Quarter 2008 Results Feb 18, 2009
Source: IPC Holdings, Limited ... PEMBROKE, Bermuda, Feb. 17, 2009 (GLOBE NEWSWIRE) -- IPC Holdings, Ltd. (NasdaqGS: - ) today reported net income for the quarter ended December 31, 2008 of $43 ... In addition to the GAAP financial measures set forth herein, IPC Holdings, Ltd. (the ``Company'') has included certain non-GAAP financial measures in this Press Release within the meaning of Regulation G as promulgated by the U.S. Securities and Exchange Commission. (Primezone Releases)
