In mid-June Allied World Assurance Co. Holdings AG and Transatlantic Holdings Inc. announced a $3.2 billion merger deal, creating a global specialty insurer and reinsurer operating in 18 countries and on six continents.
In a report from Keefe, Bruyette & Woods, the consulting firm says that the merger does not appear to be a signal of increased activity in the merger and acquisition arena—but the deal in itself is considered a potent combination.
Other industry players weighed in as well on the merger's impact.
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