Bermuda-based Endurance Specialty Holdings Ltd. reported net income available to common shareholders of $76.0 million and $1.68 per diluted common share for the second quarter of 2015 versus net income of $75.0 million and $1.68 per diluted common share for …
The IRS’s scrutiny of tax avoidance in offshore locations has discouraged bidders from taking over reinsurers, potentially reducing the companies’ value. Montpelier Re Holdings Ltd. and Platinum Underwriters Holdings Ltd., both based in Bermuda, have each said in recent regulatory …
Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has appointed James Engel as chief claims officer with responsibility for the overall strategic direction of the company’s global claims operation. Engel joins Endurance with …
Bermuda-based Endurance Specialty Holdings Ltd. and Montpelier Re Holdings Ltd. announced a merger today, in which Endurance will acquire Montpelier in a stock-cash deal for roughly $1.8 billion. Specifically, the deal consideration consists of 0.472 shares of Endurance and $9.89 …
Endurance Specialty Holdings Ltd. announced that Mark Maritzen has joined the company as executive vice president and head of commercial property within its U.S. Insurance operation. Maritzen will be responsible for building a new property team with a focus on …
Bermuda-based Endurance Specialty Holdings Ltd. today offered to buy Aspen Insurance Holdings Limited, also based in Bermuda, for $3.2 billion, or $47.50 per Aspen share, in a hostile takeover. The combined company would have more than $5 billion of combined …
Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has enhanced its Endurance Premier Professional product with Endurance Breach Assist, a network security and privacy offering. Endurance Breach Assist provides insureds with comprehensive coverage …
Bermuda-based Endurance Specialty Holdings Ltd. announced that it has acquired the assets of Galileo Weather Risk Management, a provider of weather risk management products and services, and has hired all of its employees. The team “will be the foundation of …
Bermuda-based Endurance Specialty Holdings Ltd announced that John (“Jack”) Kuhn will be joining the company next week as Chief Executive Officer, Global Insurance, responsible for Endurance’s U.S., Bermuda and International insurance operations. He will be based in Endurance’s Bermuda office, …
Bermuda-based Endurance Specialty Holdings Ltd. announced that Michael Belfatti will join the company as Chief Actuary with responsibility for overseeing Endurance’s global pricing and reserving activities. He will be based in Endurance’s Bermuda office and reports to CEO David Cash. …
