Hashtag: #EnduranceLtd

Endurance Acquires Renewal Rights for Glacier Re

Bermuda-based Endurance Specialty Holdings Ltd. today [Sept 10] announced that it has acquired a portion of Glacier Reinsurance AG’s international and U.S. property catastrophe and global specialty reinsurance business through a quota share treaty and renewal rights purchase agreement. Effective immediately, Endurance will reinsure, on a quota... Read more of this article

Endurance Global CEO Michael P. Fujii To Retire

Bermuda-based Endurance Specialty Holdings Ltd today [June 2] announced that Michael P. Fujii, its Global Chief Executive Officer, Insurance Operations, is retiring from the company. Mr. Fujii joined Endurance in 2004 and led the establishment and build-out of Endurance’s U.S. insurance business. “I enjoyed the opportunity to build a new... Read more of this article

Endurance: $55 Million First Quarter Net Income

Endurance Specialty Holdings Ltd, which is headed up by Bermudian David Cash, today reported net income of $55.8 million for the first quarter of 2010, a drop of over $20 million from last year’s first quarter. The $55.8 million [$0.91 per diluted common share] for the first quarter of 2010 compares to net income of $78.3 million [$1.24 per diluted... Read more of this article

Endurance Prices $85 Million of 7% Senior Notes

Bermuda based Endurance Specialty Holdings Ltd. today [Mar 23] announced that it has priced $85 million of 30-year fixed rate 7.00% Senior Notes, pursuant to its currently effective shelf registration statement. The Senior Notes have a maturity of July 15, 2034. Today’s issue is a re-opening of the 7.00% Senior Notes due 2034 issued on July 15,... Read more of this article

Bermuda Insurers File Opposition to American Bill

The Association of Bermuda Insurers and Reinsurers [ABIR] has filed an opposition to a proposed new American regulation now in Congress. The Bill HR 2555: Homeowners’ Defense Act of 2009 is described as “To ensure the availability and affordability of homeowners’ insurance coverage for catastrophic events”. The ABIR President... Read more of this article

30 Top Speakers at Bermuda Insurance Summit

The Insurance Day Summit will be held on June 15/16 at the Fairmont Hamilton Princess, and already features an extremely impressive array of speakers. There are over thirty of the best business minds in the insurance field scheduled to speak so far… full list below: Albert Benchimol – EVP and Chief Financial Officer, Partner Re Beat Holliger... Read more of this article

Bermudian David Cash Named Endurance CEO

Bermudian David Cash will take over as Endurance Specialty Holdings Ltd new CEO on March 01, becoming one of the few Bermudians to head up one of the islands major insurance companies. The son of John and Pamela Cash, David Cash was born on March 11, 1965. He attended Saltus Grammar School, graduating in 1975 and going on to college in Britain and Canada.... Read more of this article