Hashtag: #EnduranceLtd
Appleby Advised Montpelier For Acquisition
Appleby acted as counsel to Montpelier Re Holdings Ltd. in relation to its sale to the Endurance Speciality group for a purchase price to be satisfied by a mixture of shares and cash which values Montpelier at c.USD1.83bn and structured by way of merger with an Endurance subsidiary. Under the terms of the agreement, Montpelier shareholders will... Read more of this article
Endurance To Acquire Montpelier Re Holdings
The mergers in Bermuda’s re/insurance industry continue, with Endurance Specialty Holdings Ltd and Montpelier Re Holdings Ltd today [Mar 31] announcing that they have entered into a definitive merger agreement in which Endurance will acquire Montpelier. Endurance will acquire Montpelier for consideration of 0.472 shares of Endurance and $9.89... 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, today 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 March 31, 2015 to the ordinary shareholders... Read more of this article
Endurance 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... Read more of this article
Endurance Relocating Fokken To London Office
Endurance Specialty Holdings Ltd, a Bermuda-based specialty provider of property and casualty insurance and reinsurance, said that Michael Fokken will assume the newly created role of Head of International Professional Liability Reinsurance, relocating to Endurance’s London office, subject to appropriate immigration approval. In addition to these... Read more of this article
Endurance Reports 2014 Q4 Financial Results
Bermuda-based Endurance Specialty Holdings Ltd. today reported net income available to common shareholders of $76.4 million and $1.70 per diluted common share for the fourth quarter of 2014 versus net income of $59.0 million and $1.33 per diluted common share for the fourth quarter of 2013. For the year ended December 31, 2014, Endurance reported net... Read more of this article
Endurance Appoints Philip Butterfield To Board
Bermuda-based re/insurer Endurance Specialty Holdings Ltd. today [Dec 1] announced that its Board of Directors had appointed Philip M. Butterfield as a non-executive director of the Company. Mr. Butterfield is Chairman of the Board of HSBC Bank Bermuda Limited having served as Chief Executive Officer from February 2004 until May 2012. Prior to this,... Read more of this article
Endurance’s Dividends On Preferred Shares
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 2014 Q3 Financial Results
Bermuda-based Endurance Specialty Holdings Ltd. reported net income available to common shareholders of $68.0 million and $1.52 per diluted common share for the third quarter of 2014 versus net income of $75.2 million and $1.70 per diluted common share for the third quarter of 2013. For the nine months ended September 30, 2014, Endurance reported net... Read more of this article
Endurance Welcomes John Lavin As VP
Bermuda-based Endurance Specialty Holdings Ltd. said that John Lavin will join Endurance on September 22nd as Executive Vice President, U.S. Excess & Surplus [E&S] Property. Mr. Lavin has worked closely with wholesale brokers throughout his career to underwrite commercial property risks, including managing a specialty risk portfolio. He will... Read more of this article
Rupert Cousins Joins Endurance Insurance
Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Rupert Cousins has joined Endurance’s International Property Insurance team. Mr. Cousins, who has more than 25 years experience as a property underwriter in the London market including Lloyd’s, and Charlotte... Read more of this article
Michael Grundmeyer To Join Endurance
Bermuda-based Endurance Specialty Holdings Ltd. announced that Michael Grundmeyer has joined Endurance Global Weather [EGW] in the newly-formed role of Director of Origination for the Americas. EGW writes tailored weather-driven risk management products for corporations and municipalities that protect against variations in weather conditions and weather-driven... Read more of this article
