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Analyst warns of pitfalls of Validus/IPC deal
15 June 2009
A merger between IPC Holdings and Validus Holdings would result in a firm with too high a concentration of catastrophe-exposed business, an equity analyst has warned.
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[ipc]
[validus]
[max re]
A merger between IPC Holdings and Validus Holdings would result in a firm with too high a concentration of catastrophe-exposed business, an equity analyst has warned.
Following the collapse of an agreement between IPC and Max...
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