Hashtag: #EnduranceLtd
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
[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 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 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 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 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
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
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, $0.39583 per share payable on its 7.50% Non-Cumulative Preferred Shares, Series B [the "Series B Preferred Shares"] and $396.875 per share payable on its 6.35% Non-Cumulative Preferred... Read more of this article
A.M. Best Affirms Ratings of Endurance Specialty
A.M. Best has affirmed the financial strength rating [FSR] of A [Excellent] and the issuer credit ratings [ICR] of “a” of Endurance Specialty Insurance Ltd. [Endurance] [Bermuda] and its subsidiaries. A.M. Best also has affirmed the ICR of “bbb” and the issue ratings of its publicly traded parent, Endurance Specialty Holdings Ltd. [Bermuda].... Read more of this article
Endurance On 2016 Q1 Investment Results
Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, said that it expects its first quarter 2016 investment portfolio total return to be approximately 98 basis points and its net investment income to be approximately $11 million. “The Company’s net investment income was... Read more of this article
Endurance Hires Michael Nardiello As Senior VP
Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Mr. Michael Nardiello has joined the company as Senior Vice President, Property Product Leader, Global Risk Solutions. Global Risk Solutions is a recently launched business within Endurance Insurance, targeting large... Read more of this article
Endurance Specialty Holdings Hires Giles Quartly
Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced today that Mr. Giles Quartly has joined the company this week as Senior Vice President, Head of International Casualty Insurance. Mr. Quartly will be responsible for Endurance’s international general liability insurance... Read more of this article
