Tag: Endurance Ltd

Endurance Appoints Richard Housley As VP

Endurance Appoints Richard Housley As VP

Bermuda-based Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance,  announced that Richard Housley has joined the company this week as Executive Vice President and Global Practice Leader for Property Insurance. Mr. Housley has extensive experience in property insurance markets where... Read more of this article

Endurance Comment On Aspen’s “Poison Pill”

Endurance Comment On Aspen’s “Poison Pill”

A few days after rejecting a $3.2 billion takeover proposal from a fellow Bermuda-based re/insurer, Aspen Insurance Holdings Ltd said they adopted a shareholders rights plan which is “designed to deter abusive tactics from being used in a proposed takeover.” They resolved to issue one preferred share purchase right on each share of the... Read more of this article

Endurance Ltd. Comment On Aspen’s Rejection

Endurance Ltd. Comment On Aspen’s Rejection

Bermuda-based Endurance Specialty Holdings Ltd commented on Aspen Insurance Holdings Limited’s summary rejection of its proposal to acquire all of the common shares of Aspen for $3.2 billion. In rejecting the unsolicited proposal, Glyn Jones, Chairman of Aspen’s Board of Directors, said: “After careful review and deliberation, the Board... Read more of this article

Aspen Reject Endurance’s $3.2 Billion Proposal

Aspen Reject Endurance’s $3.2 Billion Proposal

[Updated - Aspen "unanimously" reject proposal] Endurance Specialty Holdings Ltd. today [Apr 14] announced that it has delivered a proposal to the Board of Directors of Aspen Insurance Holdings Ltd. to acquire all of the common shares of Aspen for $3.2 billion, with a combination of cash and Endurance common shares. John R. Charman, Endurance’s... Read more of this article

Endurance Specialty Appoints Richard Allen

Endurance Specialty Appoints Richard Allen

Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, today announced that Mr. Richard Allen will join the company’s London office this week as Executive Vice President and Head of International Professional Lines. Mr. Allen’s responsibilities will include Endurance’s... Read more of this article

Endurance Introduces Network Security Offering

Endurance Introduces Network Security Offering

Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance,  has enhanced its Endurance Premier Professional product with Endurance Breach Assist, a network security and privacy offering. The company said, “Endurance Breach Assist provides insureds with comprehensive coverage in the... Read more of this article

Endurance Declares $0.34 Quarterly Dividend

Endurance Declares $0.34 Quarterly Dividend

Bermuda-based Endurance Specialty Holdings Ltd. declared a quarterly dividend of $0.34 per share payable on its ordinary shares. The dividend on Endurance’s outstanding ordinary shares will be payable on March 31, 2014 to the ordinary shareholders of record on March 17, 2014. The Board of Directors also renewed the Company’s authorization... 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, announced that its Board of Directors declared quarterly dividends 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... Read more of this article

Endurance Ltd Report Net Income Of $59 Million

Endurance Ltd Report Net Income Of $59 Million

Bermuda-based Endurance Specialty Holdings Ltd. today [Feb 6] reported net income available to common shareholders of $59.0 million and $1.33 per diluted common share for the fourth quarter of 2013 compared to a net loss attributable to common shareholders of $40.8 million and $0.96 per diluted common share for the fourth quarter of 2012. For the year... Read more of this article

Rennie Muzii Joins Endurance Specialty Holdings

Rennie Muzii Joins Endurance Specialty Holdings

Bermuda-based Endurance Specialty Holdings Ltd. announced that Mr. Rennie Muzii has joined the company to lead their professional lines initiatives in the Western Region focusing on errors and omissions (E&O), information security and privacy, commercial management liability and financial institutions products. Mr. Muzii, Senior Vice President,... Read more of this article