Tag: Endurance Ltd

Endurance On Aspen’s “Vehement Refusal”

Endurance On Aspen’s “Vehement Refusal”

Endurance Specialty Holdings Ltd. today [Apr 21] said that the “vehement refusal” of Aspen Insurance Holdings Ltd. to consider its $3.2 billion proposal “continues to deny its shareholders the ability to receive a highly attractive premium and an ongoing stake in a global industry leader.” The two Bermuda-based re/insurers have... Read more of this article

Aspen Hits Back After Endurance’s Proposal

Aspen Hits Back After Endurance’s Proposal

Yesterday [Apr 20] Aspen Insurance Holdings Ltd. issued a letter to shareholders regarding a previously disclosed unsolicited proposal from Endurance Specialty Holdings Ltd. to acquire Aspen for $3.2 billion. The two Bermuda-based re/insurers have been going back and forth since Aspen unanimously rejected Endurance’s proposal earlier this month. Glyn... Read more of this article

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


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