9 May 2014Insurance

Tower Group and ACP Re amend deal

Beleaguered insurer Tower Group and ACP Re, the Bermuda reinsurer owned by AmTrust Financial Services, have amended their merger agreement to reduce the consideration by $0.50 per share to $2.50.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
8 October 2026   Claims inflation and competition are weighing on profitability, analysts warn.
Insurance
8 October 2026   Platform targets one-hour quotes on 94% of qualified submissions.
Insurance
8 October 2026   Fire, natural catastrophes and supply chain disruption drives some of the biggest losses.