Hashtag: #EnduranceLtd
Endurance Receives All Acquisition Approvals
Endurance Specialty Holdings Ltd. a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced today that it has received all regulatory approvals required in connection with its previously announced acquisition of Montpelier Re Holdings Ltd. The transaction is scheduled to be completed after the close of trading... Read more of this article
Montpelier Shareholders Vote For Merger
Bermuda-based Endurance Specialty Holdings Ltd. and Montpelier Re Holdings Ltd. announced that Montpelier common shareholders voted in favour of the proposed merger with Millhill Holdings Ltd., a direct, wholly-owned subsidiary of Endurance, at a special general meeting of Montpelier common shareholders held on June 30, 2015, in Pembroke, Bermuda. It... Read more of this article
AM Best Affirms Ratings Of Endurance Ltd
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. The ratings agency said, “Concurrently, A.M. Best has affirmed the ICR of “bbb” and debt ratings of their publicly traded parent, Endurance... Read more of this article
Stephen Young To Succeed Faure At Endurance
Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Jerome Faure will step down from the position of Chief Executive Officer, Global Reinsurance on January 1, 2016 and will retire from Endurance at the end of the first quarter of 2016. Stephen Young, currently Executive... Read more of this article
Endurance Declares $0.35 Quarterly Dividend
Endurance Specialty Holdings Ltd., a Bermuda-based provider of property and casualty insurance and reinsurance 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 June 30, 2015 to the ordinary shareholders... Read more of this article
Endurance To Hold Special General Meeting
Bermuda-based Endurance Specialty Holdings Ltd. announced that it has scheduled a special general meeting of its shareholders to seek approval for the issuance of Endurance ordinary shares to holders of Montpelier Re Holdings Ltd. common shares in connection with Endurance’s previously announced acquisition of Montpelier. The special general... Read more of this article
Endurance Ltd 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 Series... Read more of this article
Endurance Reports Q1 2015 Financial Results
Bermuda-based Endurance Specialty Holdings Ltd. reported net income available to common shareholders of $100.3 million and $2.23 per diluted common share for the first quarter of 2015 versus net income of $96.3 million and $2.17 per diluted common share for the first quarter of 2014. Book value per diluted share was $62.79 at March 31, 2015, up 2.4%... Read more of this article
Endurance Holdings Welcomes James Engel
Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that James Engel has joined Endurance as Chief Claims Officer with responsibility for the overall strategic direction of the company’s global claims operation. Mr. Engel joins Endurance with significant experience... Read more of this article
Endurance Receives HSR, BMA ‘No-Objections’
Endurance Specialty Holdings Ltd. today [Apr 29] announced that it has” received early termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and all required regulatory no-objections from the Bermuda Monetary Authority” with respect to its previously announced acquisition of Montpelier... Read more of this article
Montpelier Cancels Upcoming Earnings Call
In light of the pending merger among Montpelier Re Holdings Ltd. and Endurance Specialty Holdings Ltd. , the Company will not be releasing its first quarter 2015 earnings on April 30, 2015 and will not hold a conference call to discuss its earnings on May 1, 2015, as previously announced. “The Company expects to file its first quarter 2015 Form... Read more of this article
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
