NU Online News Service, Oct. 14, 3:54 p.m. EDT
|Alterra Capital Holdings said it is rebranding Max SpecialtyInsurance Company as Alterra Excess & Surplus Insurance Company(Alterra E&S).
|This effort is part of Alterra's broader rebranding efforts inthe wake of the May 2010 merger of Max Capital and Harbor Pointthat formed Alterra, the company said.
|Alterra E&S is a Delaware-licensed insurer approved to writebusiness on a non-admitted basis in the U.S., the U.S. VirginIslands and Puerto Rico, according to W. Marston Becker, presidentand chief executive officer of Alterra.
|Mr. Becker also said Max America Insurance Company, which writesbusiness on an admitted basis in the U.S., will be renamed AlterraAmerica once regulatory approvals are received.
|Max Capital and Harbor Point shareholders approved a $3.5 billion merger in April.
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