Hashtag: #EnduranceLtd
John Charman “Endurance Had A Good Quarter”
“Endurance had a good quarter, both financially and strategically. Financially, our strong operating results were driven by improved underwriting performance and positive investment returns,” Endurance Specialty Holdings CEO John Charman said. “Strategically, we have made significant progress driving substantial improvements in our... Read more of this article
Christopher Donelan Joins Endurance Holdings
Endurance Specialty Holdings Ltd. a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Christopher Donelan will join the company as President & Chief Underwriting Officer for Endurance Re U.S. Mr. Donelan has almost 25 years’ experience in this market, having most recently built the reinsurance... Read more of this article
Moody’s Lowers Endurance Specialty’s Ratings
Moody’s Investors Service has lowered the ratings of Bermuda-based Endurance Specialty Holdings Ltd and the insurance financial strength ratings of its principal operating subsidiaries [IFSR to A3 from A2]. The outlook for the ratings is stable. Moody’s said that the rating downgrades result from a deterioration in the company’s credit... Read more of this article
Endurance Expands Asia Pacific Business Unit
Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that the company is expanding the capabilities of its Asia Pacific reinsurance operations headquartered in Singapore to include a locally based Global Catastrophe Reinsurance team focused on the Asia Pacific markets. Endurance’s... Read more of this article
Pattison To Lead Endurance US Law Practice
Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Stuart Pattison has joined Endurance to lead the company’s U.S. Law Firm practice. This specialty team will offer both primary and excess liability coverage to mid-size to large law firms, operating within the... Read more of this article
Endurance Holdings Appoints Fred Cooper In NY
Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Fred Cooper has joined the company as Executive Vice President and Head of U.S. Financial Institutions Insurance, based in New York. Mr. Cooper will be responsible for growing this specialty insurance business offering... Read more of this article
Endurance Holdings Declares Dividends
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 $0.32 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... Read more of this article
Endurance Reports 2013 Q/2 Financial Results
Bermuda-based Endurance Specialty Holdings Ltd. reported net income available to common shareholders of $52.8 million and $1.21 per diluted common share for the second quarter of 2013 versus net income of $64.3 million and $1.48 per diluted common share for the second quarter of 2012. For the six months ended June 30, 2013, Endurance reported net income... Read more of this article
Endurance Job Cuts, Two Bermudians Affected
Endurance Specialty Holdings Ltd. has confirmed that they eliminated a “significant number” of positions globally as part of an “expense reduction” plan. While an Endurance spokesperson declined to confirm how many people overall were laid off in the Bermuda office, they did confirm that two Bermudians were affected. In announcing... Read more of this article
Endurance Appoints COO, Chief Risk Officer
Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Catherine Kalaydjian will assume the role of Chief Operations Officer and Joan deLemps will assume the role of Chief Risk Officer. Ms. Kalaydjian served as the Chief Claims Officer since March 2007 and was promoted... Read more of this article
Endurance Estimates $47.4M Catastrophe Loss
Bermuda-based Endurance Specialty Holdings Ltd. said its initial loss estimate related to several natural catastrophes that occurred in the second quarter of 2013 — including flooding in Canada and Europe and various tornadoes in the U.S. — will be $47.4 million, pre-tax and net of reinsurance and reinstatement premium. The flooding in Europe... Read more of this article
Endurance To Release Q/2 Results On August 5
Endurance Specialty Holdings Ltd., the Bermuda-based provider of property and casualty insurance and reinsurance, has announced that it will issue its financial results for the quarter ended June 30, 2013 on Monday, August 5, 2013 after the close of the financial markets. On August 6, John R. Charman, chairman and CEO, and members of senior management... Read more of this article
David Cash Steps Down As Endurance CEO
[Updated] Bermudian David Cash [pictured] has stepped down as the CEO of Endurance Specialty Holdings and has been replaced by John R. Charman, the company confirmed today [May 28]. Mr Cash stepped down as both the Company’s CEO and as a member of the Board, and Mr Charman has been selected as the Company’s Chairman and CEO effective immediately.... Read more of this article
Endurance To Launch New E&S Lines Unit
Endurance Specialty Holdings Ltd., the Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced on Tuesday [May 14] that an Excess & Surplus [E&S] lines Excess Casualty team will join the company next week. Joseph Rainone will be appointed Executive Vice President and Head of Endurance’s new Excess... Read more of this article
Gary Tully Joins Endurance Specialty Holdings
Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, confirmed that Gary Tully will join the company as Executive Vice President and head of the company’s Contract Binding Operations insurance unit located in New Hyde Park, New York. Throughout his 35 year career, Mr. Tully... Read more of this article
Endurance Dividend On Ordinary, A & B Shares
Endurance Specialty Holdings Ltd. declared a quarterly dividend of $0.32 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 be payable on June... Read more of this article
