
In addition to selective acquisitions, Alleghany has also funded promising business ideas, such as Darwin Professional Underwriters , which was sold in 2008. Alleghany's shrewd value-investing philosophy, coupled with a talented
the end of the third quarter. However, Alleghany closed on the sale of its majority-owned position in Darwin Professional Underwriters for about $300 million, so the equity portfolio on an adjusted basis decreased $224 million, or about
nearly 20%, to $141.1 million. This increase was partially aided by the acquisition of Darwin Professional Underwriters , which closed Oct. 20; Darwin 's results have been included in Allied's consolidated results. The company posted
the end of the quarter, the company received $300 million in cash from the sale of its interests in Darwin Professional Underwriters DR . Still, we are going to leave our fair value estimate unchanged. Book value per share held up fairly
increase 2.4%, to $43.55, thus far this year. Allied World completed its acquisition of Darwin Professional Underwriters on Oct. 20. The Darwin acquisition will probably have a material impact on Allied World's business. We are awaiting
On Monday afternoon, Darwin Professional Underwriters DR announced the completion of ..... Assurance Company Holdings. Darwin will become a wholly owned subsidiary ..... Allied, and the trading of Darwin 's shares will cease. The
Darwin Professional Underwriters DR shareholders officially approved the firm's merger agreement with Allied World Assurance Company Holdings AWH last week. We expect the transaction to meet regulatory approval, as well, and to close sometime during the fourth quarter.
Allied World Assurance AWH announced that it will purchase specialty insurer Darwin Professional Underwriters DR for $550 million in cash, which equates to $32 per Darwin share. Allied expects to complete the acquisition in the fourth quarter
Darwin Professional Underwriters DR and Allied World Assurance Company ..... merger, with Allied buying 100% of Darwin 's common shares for $32 in cash ..... regulatory approval. Over half of Darwin 's shares are held by Alleghany
Darwin Professional Underwriters DR continued to expand rapidly and profitably ..... continued to improve sharply, as Darwin is still replacing industry loss ..... 181% from the year-ago quarter. Darwin carries a high level of capital for