Hashtag: #EnduranceLtd
Endurance Dividend: Ordinary, Preferred Shares
Bermuda-based re/insurer Endurance Specialty Holdings Ltd. declared a quarterly dividend of $0.34 per ordinary share, $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 outstanding ordinary shares will... Read more of this article
Endurance Holdings Welcomes Jeremy Isaacs
Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Mr. Jeremy Isaacs has joined the company as Senior Vice President in their Commercial Directors & Officers [D&O] unit in London. With experience as both an underwriter and broker in the London professional... Read more of this article
Endurance Adds D&O Insurance Coverage
Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, today announced that it has enhanced its Endurance Premier Professional product with Endurance CyberWrap, an additional Side A Directors and Officers [D&O] liability coverage. The coverage would apply to non-indemnified D&O... Read more of this article
Endurance Launches Global Marine, Energy Unit
Bermuda-based Endurance Specialty Holdings Ltd. confirmed that Mr. Adrian Poxon has joined the company this week to launch a global marine and energy reinsurance business. Mr. Poxon has more than twenty-five years of experience in the marine and offshore markets and has held senior roles at insurers, reinsurers and brokers. As Global Head of Marine... Read more of this article
Endurance Reports Q2 2014 Financial Results
Bermuda-based Endurance Specialty Holdings Ltd. today reported net income available to common shareholders of $75.0 million and $1.68 per diluted common share for the second quarter of 2014 versus net income of $52.8 million and $1.21 per diluted common share for the second quarter of 2013. For the six months ended June 30, 2014, Endurance reported... Read more of this article
Aspen On Withdrawal Of Endurance Offer
Aspen Insurance Holdings Limited responded to the announcement by Endurance Specialty Holdings Ltd. that it is withdrawing its unsolicited offer to acquire Aspen and abandoning its proposals related to calling a special meeting of Aspen shareholders and petitioning the Supreme Court of Bermuda for an involuntary scheme of arrangement. Chris O’Kane,... Read more of this article
Endurance Terminates Offer To Acquire Aspen
Following weeks of exchanges between the two Bermuda-based re/insurers, Endurance Specialty Holdings Ltd. today [July 30] confirmed that it has terminated its offer to acquire Aspen Insurance Holdings Limited. In connection with the termination of its acquisition offer, Endurance will not be pursuing its board size increase and scheme of arrangement... Read more of this article
Aspen Shareholders Reject Endurance Proposal
Aspen Insurance Holdings Limited said that, based on preliminary voting results as of the close of business on July 25, 2014 – the target date for receiving consents set by Endurance Specialty Holdings Ltd. the “overwhelming majority of Aspen shareholders participating in the consent solicitation have rejected both of Endurance’s proposals. The... Read more of this article
Aspen: Proxy Advisory Firms Recommendations
Aspen Insurance Holdings Limited noted that Glass, Lewis & Co., LLC, a leading independent proxy advisory firm, has recommended that Aspen shareholders reject both proposals made by Endurance Specialty Holdings Ltd. and revoke any authorizations submitted on such proposals by executing and returning Aspen’s BLUE revocation card. The two Bermuda-based... Read more of this article
Endurance Global Agriculture Reinsurance Team
Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Avery Cook and Kristopher Lynn will join Endurance later this month to underwrite and manage international agriculture reinsurance programs. Collectively, they bring to Endurance several decades of experience with... Read more of this article
Endurance Launches New U.S. Insurance Unit
Endurance Specialty Holdings Ltd. yesterday [July 7] revealed that Mark Maritzen has joined the company as Executive Vice President and Head of Commercial Property within its U.S. Insurance operation. With almost twenty years of experience in the insurance industry in both underwriting and broker roles, Mr. Maritzen will be responsible for building... Read more of this article
Endurance Sends Letter To Aspen Shareholders
Endurance Specialty Holdings Ltd. has sent a letter to the shareholders of Aspen Insurance Holdings Limited along with a definitive solicitation statement, as the exchanges between the two Bermuda-based re/insurers continue. The letter being mailed to Aspen common shareholders reads as follows: Dear Fellow Aspen Shareholder: As you may know, Endurance... Read more of this article
