Firm News

Julie Cohen
Director of Marketing and Communications
212.701.3614
jcohen@cahill.com

Validus to Acquire IPC Holdings

Date: 07/09/09

Cahill is representing Validus Holdings, Ltd. in connection with its agreement to acquire all of the outstanding shares of IPC Holdings, Ltd. The transaction would create a leading Bermuda carrier in the short-tail reinsurance and insurance market with $3.4 billion in shareholders' equity. The transaction is expected to close in the third quarter of 2009.