Max Capital has withdrawn its merger agreement and plan of amalgamation with fellow Bermudian reinsurer IPC Holdings, after IPC shareholders did not approve the required proposals at IPC's annual general meeting today (12 June).
Max Capital has withdrawn its merger agreement and plan of amalgamation with fellow Bermudian reinsurer IPC Holdings, after IPC shareholders did not approve the required proposals at IPC's annual general meeting today (12 June).