Allied World Assurance Company (AWAC) will hold an extraordinary shareholders meeting on 20 September to consider its options on the Transatlantic merger.

In a letter sent to all shareholders, AWAC CEO Scott Carmilani strongly urged shareholders to vote in favour of the proposals associated with the merger agreement.

“Your board of directors unanimously supports the merger and believes the combination will deliver the best long-term value for shareholders of both companies,” Carmilani added.

Carmilani also said AWAC remains committed to the terms of the merger agreement and that he looks forward to closing the transaction as early as possible in the fourth quarter.