Validus will grow 'with or without' IPC deal - CEO
Bermudian (re)insurer Validus has said that it will grow its operations whether or not its $1.68bn takeover of Bermudian rival IPC Holdings is accepted by IPC's shareholders, Validus' chief executive Ed Noonan has told Reinsurance.
"Validus can and will increase - with or without this deal," Noonan said in an exclusive interview. "We've hired AIG's energy team and XL's aviation team, and the syndicate at Lloyd's is growing."
He
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