Tag: #EnduranceLtd

AM Best: Endurance Ratings Remain Unchanged

AM Best: Endurance Ratings Remain Unchanged

A.M. Best has commented that the financial strength rating [FSR] of A [Excellent] and the issuer credit ratings [ICR] of “a” of Endurance Specialty Insurance Ltd. and its affiliates remain unchanged following the announcement of the plans to acquire Montpelier Re Holdings Ltd. Concurrently, A.M. Best has commented that the ICR of “bbb” and... Read more of this article

Appleby Advised Montpelier For Acquisition

Appleby Advised Montpelier For Acquisition

 Appleby acted as counsel to Montpelier Re Holdings Ltd. in relation to its sale to the Endurance Speciality group for a purchase price to be satisfied by a mixture of shares and cash which values Montpelier at c.USD1.83bn and structured by way of merger with an Endurance subsidiary. Under the terms of the agreement, Montpelier shareholders will... Read more of this article

Endurance To Acquire Montpelier Re Holdings

Endurance To Acquire Montpelier Re Holdings

The mergers in Bermuda’s re/insurance industry continue, with Endurance Specialty Holdings Ltd and Montpelier Re Holdings Ltd today [Mar 31] announcing that they have entered into a definitive merger agreement in which Endurance will acquire Montpelier. Endurance will acquire Montpelier for consideration of 0.472 shares of Endurance and $9.89... Read more of this article

Endurance Declares $0.35 Quarterly Dividend

Endurance Declares $0.35 Quarterly Dividend

Endurance Specialty Holdings Ltd., a Bermuda-based provider of property and casualty insurance and reinsurance, today announced that its Board of Directors declared a quarterly dividend of $0.35 per share payable on its ordinary shares. The dividend on Endurance’s outstanding ordinary shares will be payable on March 31, 2015 to the ordinary shareholders... Read more of this article

Endurance Declares Quarterly Dividend

Endurance Declares Quarterly Dividend

Endurance Specialty Holdings Ltd., a Bermuda-based provider of property and casualty insurance and reinsurance,  declared a quarterly dividend of $0.484375 per share payable on its 7.75% Non-Cumulative Preferred Shares, Series A and $0.46875 per share payable on its 7.50% Non-Cumulative Preferred Shares, Series B. The dividend on Endurance’s... Read more of this article

Endurance Relocating Fokken To London Office

Endurance Relocating Fokken To London Office

Endurance Specialty Holdings Ltd, a Bermuda-based specialty provider of property and casualty insurance and reinsurance, said that Michael Fokken will assume the newly created role of Head of International Professional Liability Reinsurance, relocating to Endurance’s London office, subject to appropriate immigration approval. In addition to these... Read more of this article

Endurance Reports 2014 Q4 Financial Results

Endurance Reports 2014 Q4 Financial Results

Bermuda-based Endurance Specialty Holdings Ltd. today reported net income available to common shareholders of $76.4 million and $1.70 per diluted common share for the fourth quarter of 2014 versus net income of $59.0 million and $1.33 per diluted common share for the fourth quarter of 2013. For the year ended December 31, 2014, Endurance reported net... Read more of this article

Endurance Appoints Philip Butterfield To Board

Endurance Appoints Philip Butterfield To Board

Bermuda-based re/insurer Endurance Specialty Holdings Ltd. today [Dec 1] announced that its Board of Directors had appointed Philip M. Butterfield as a non-executive director of the Company. Mr. Butterfield is Chairman of the Board of HSBC Bank Bermuda Limited having served as Chief Executive Officer from February 2004 until May 2012. Prior to this,... Read more of this article

Endurance’s Dividends On Preferred Shares

Endurance’s Dividends On Preferred Shares

Endurance Specialty Holdings Ltd., a Bermuda-based provider of property and casualty insurance and reinsurance, declared a quarterly dividend of $0.484375 per share payable on its 7.75% Non-Cumulative Preferred Shares, Series A and $0.46875 per share payable on its 7.50% Non-Cumulative Preferred Shares, Series B. The dividend on Endurance’s Series... Read more of this article

Endurance Reports 2014 Q3 Financial Results

Endurance Reports 2014 Q3 Financial Results

Bermuda-based Endurance Specialty Holdings Ltd. reported net income available to common shareholders of $68.0 million and $1.52 per diluted common share for the third quarter of 2014 versus net income of $75.2 million and $1.70 per diluted common share for the third quarter of 2013. For the nine months ended September 30, 2014, Endurance reported net... Read more of this article

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