Newly-Privatized AmTrust Announces Leadership Changes

Article 0 Comments AmTrust Financial Services announced leadership changes as it moves forward now as a private company. Its $2.95 billion privatization plan was finalized on November 28, 2018 after receipt of all approvals, according to the company. AmTrust Financial Services Inc. (AFSI) shareholders approved the go-private deal last June. […]

Arca Capital Backs Icahn in Trying to Stop AmTrust Privatization Plan

Article 0 Comments The Prague-based investment firm Arca Capital said it plans to work with activist investor Carl Icahn and other minority shareholders to prevent a proposed privatization of AmTrust Financial Services Inc. Arca Capital owns approximately 2.4 percent of outstanding shares of AmTrust Financial. Icahn recently disclosed that he […]

What A.M. Best Thinks of AmTrust’s Plan to Go Private, Sell Some Fee-Based Business

Article 0 Comments A.M. Best, which placed the ratings of AmTrust Financial Services under review with negative implications last November, says it is still reviewing the impact of the company’s plans to sell some of its fee business and take the insurer private but that it is not making any […]