Hashtag: #EnduranceLtd

Endurance To Hold Meeting About Acquisition

Endurance To Hold Meeting About Acquisition

Bermuda-based Endurance Specialty Holdings has scheduled a special general meeting of its shareholders to seek approval for the acquisition of 100% of the outstanding ordinary shares of Endurance by SOMPO Holdings, Inc. “The Endurance special general meeting will be held on Friday, January 27, 2017, at 9:00 a.m. [Atlantic Time] at Endurance’s... Read more of this article

Endurance E&S Excess Casualty Transportation

Endurance E&S Excess Casualty Transportation

Bermuda-based Endurance Specialty Holdings Ltd. announced today that Endurance U.S. Insurance has introduced a new Excess Casualty product for commercial transportation clients, distributed through a limited network of wholesale brokers specializing in the transportation market. The new product targets U.S. based transportation companies including mid-size... Read more of this article

Endurance Declares Quarterly Dividends

Endurance Declares Quarterly Dividends

Bermuda-based Endurance Specialty Holdings Ltd. declared a quarterly dividend of $0.38 per ordinary share and $396.875 per share payable on its 6.35% Non-Cumulative Preferred Shares, Series C. The dividend on the Series C Preferred Shares equals $0.396875 per depositary share, each of which represents a 1/1,000th interest in a share of the Series C... Read more of this article

Endurance Reports Q3 2016 Financial Results

Endurance Reports Q3 2016 Financial Results

Bermuda-based Endurance Specialty Holdings Ltd. reported net income available to common shareholders of $130.1 million and $1.92 per diluted common share for the third quarter of 2016 versus net income of $43.6 million and $0.73 per diluted common share for the third quarter of 2015. For the nine months ended September 30, 2016, Endurance reported net... Read more of this article

Endurance Launches Lead Umbrella Product

Endurance Launches Lead Umbrella Product

Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Endurance Global Risk Solutions has launched a new lead umbrella product. Endurance Global Risk Solutions, launched earlier this year within Endurance’s insurance business, targets U.S. based middle market and... Read more of this article

‘No Changes’ Anticipated At Blue Capital Global

‘No Changes’ Anticipated At Blue Capital Global

In a filing with the Bermuda Stock Exchange, Blue Capital Global Reinsurance Fund Limited  said they do “not anticipate any changes in the management of Blue Capital” following the announcement that Endurance will be acquired by Sompo Holdings. The filing stated, “The Company’s Board of Directors reports that Endurance Specialty... Read more of this article

Endurance Credit Ratings Placed Under Review

Endurance Credit Ratings Placed Under Review

Following the confirmation that they will be acquired by Tokyo-based Sompo Holdings, A.M. Best has placed the Financial Strength Rating [FSR] of A [Excellent] and the Long-Term Issuer Credit Ratings [Long-Term ICR] of “a” of Endurance Specialty Insurance Ltd. and its rated affiliates under review with positive implications. Concurrently, A.M. Best... Read more of this article

Japan’s Sompo To Acquire Endurance Holdings

Japan’s Sompo To Acquire Endurance Holdings

[Updated] Following a report that Sompo Japan ”firmed up plans” to acquire Endurance Specialty Holdings, the Bermuda-based company issued a statement confirming they are “in advanced discussions” with the Tokyo-based global insurance carrier “regarding a potential strategic transaction.” Nikkei Report Nikkei Asian... Read more of this article

Endurance Appoint Sparro CEO Of US Insurance

Endurance Appoint Sparro CEO Of US Insurance

Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Christopher Sparro will join the company on September 12, 2016 as Executive Vice President and Chief Executive Officer of U.S. Insurance. With more than twenty-five years of experience, Mr. Sparro will be responsible... Read more of this article

Endurance Launch New Compensation Product

Endurance Launch New Compensation Product

Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has launched a new workers’ compensation insurance product for its Global Risk Solutions clients. Global Risk Solutions, a new business line launched earlier this year within Endurance Insurance, targets middle market and large... Read more of this article

Endurance Declares Quarterly Dividends

Endurance Declares Quarterly Dividends

Endurance Specialty Holdings Ltd., a Bermuda-based provider of property and casualty insurance and reinsurance, declared a quarterly dividend of $0.38 per ordinary share and $396.875 per share payable on its 6.35% Non-Cumulative Preferred Shares, Series C. The dividend on the Series C Preferred Shares equals $0.396875 per depositary share, each of which... Read more of this article

Endurance Launch New Environmental Product

Endurance Launch New Environmental Product

Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has launched a new series of environmental liability insurance products, offering both primary and excess coverage for single sites or property portfolios. Endurance’s new products include a site environmental impairment liability... Read more of this article

Endurance Holdings Q2 Net Income: $76.6M

Endurance Holdings Q2 Net Income: $76.6M

Bermuda-based Endurance Specialty Holdings Ltd. reported net income available to common shareholders of $76.6 million and $1.14 per diluted common share for the second quarter of 2016, versus net income of $76.0 million and $1.68 per diluted common share for the second quarter of 2015. For the six months ended June 30, 2016, Endurance reported net... Read more of this article