Latest Endurancewarranty Headlines
All the headlines from our Endurancewarranty Topic Page, ordered by recency.
Endurance Reports $75 Million Q2 Net Income; $171.3 Million 1st Six Months
Aug 5 2014 // Bermuda-based Endurance Specialty Holdings Ltd. 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...
Endurance Terminates Offer to Acquire Aspen
Jul 31 2014 // Bermuda-based Endurance Specialty Holdings Ltd. announced that it has terminated its offer to acquire Aspen Insurance Holdings Limited; adding that “in connection with the termination of its acquisition offer,...
Aspen Shareholders Should Reject Endurance Plan: Proxy Adviser Glass Lewis
Jul 16 2014 // Aspen Insurance Holdings Ltd. investors should reject plans from hostile bidder Endurance Specialty Holdings Ltd. to expand their company’s board, proxy adviser Glass Lewis & Co. said in a...
Aspen Shareholders Should Rebuff Endurance Board Plan, ISS Says
Jul 14 2014 // Aspen Insurance Holdings Ltd. investors should rebuff a plan from hostile bidder Endurance Specialty Holdings Ltd. to shake up their company’s board, ISS Proxy Advisory Services said. Supporting Endurance’s...
Maritzen to Head New Endurance U.S. Commercial Property Operation
Jul 8 2014 // Bermuda-based 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. He has nearly twenty...
Endurance Launches U.S. Commercial Property Retail Division
Jul 8 2014 // 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...
Aspen & Endurance -‘Two Peas from the Same Pod’- Litmus Study Concludes
Jul 3 2014 // Stuart Shipperlee, Analytical Partner of Litmus Analysis, decided to analyze some of the financial facts “behind the ‘muck and bullets’ of the Aspen and Endurance battle,” focusing on the...
Endurance Sends Solicitation Letter to Aspen’s Shareholders
Jun 19 2014 // Endurance has acted quickly following the rejection by Aspen’s Board of Directors of its unsolicited offer to acquire all of the outstanding shares of Aspen for a combination of common stock and cash. Endurance sent...
Aspen Board Urges Shareholders to Reject Endurance Offer
Jun 17 2014 // Aspen’s board of directors has unanimously agreed to reject the unsolicited exchange offer from Endurance to acquire all of the outstanding shares of Aspen for a combination of common stock and cash. The board...
Aspen to Formally Present Endurance ‘Highly Unappealing’ Exchange Offer
Jun 10 2014 // Bermuda-based Aspen Insurance Holdings Limited has confirmed that Endurance Specialty Holdings Ltd. has commenced an unsolicited exchange offer to acquire all outstanding shares of Aspen for a combination of common stock...
Aspen Rejects Increased Offer from Endurance; Proxy Fight Looms
Jun 3 2014 // Endurance Specialty Holdings increased offer to buy Aspen Insurance Holdings was rejected for the second time, but Endurance said it was willing to launch a proxy fight to get the deal done. Endurance said on Monday it...
Endurance Specialty Increases Offer for Aspen by $2 a Share
Jun 2 2014 // Endurance Specialty Holdings Ltd. increased its offer to buy Aspen Insurance Holdings Ltd. by $2 a share as it seeks to overcome resistance to its earlier bid. Endurance said it would pay $49.50 per share for the Hamilton,...
Best Affirms Endurance Specialty and Subs Ratings; Outlooks Stable
May 7 2014 // A.M. Best has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Endurance Specialty Insurance Ltd. and its affiliates, as well...
Endurance Appoints Housley as Global Property Insurance Leader
Apr 22 2014 // Bermuda-based Endurance Specialty Holdings has announced that Richard Housley has joined the company this week as Executive Vice President and Global Practice Leader for Property Insurance. He has extensive experience in...
Aspen Adopts Shareholder Rights Plan; Endurance Slams ‘Poison Pill’ Defense
Apr 21 2014 // The 17th April of April saw a resumption of hostilities between Aspen Insurance Holdings and its would-be acquirer Endurance Specialty Holdings. The two Bermuda-based specialty insurers have fighting each other since April...
Aspen Rejects Endurance’s $3.2B Hostile Acquisition Bid As ‘Ill-Conceived’
Apr 14 2014 // 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...
Endurance Insurance Enhances Network Security, Privacy Coverage
Mar 20 2014 // 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...
Willis Places Innovative Australian Weather Transaction for Roy Hill
Dec 3 2013 // Willis Group Holdings announced the placement of “an innovative derivative-based risk transfer solution to protect Roy Hill Holdings Pty Ltd, an emerging global mining, rail and port venture, against the threat of...
Endurance Specialty Names CEO of U.S. Insurance Division
Nov 7 2013 // Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property/casualty insurance and reinsurance, announced Douglas Worman will join the company on Nov. 11 as executive vice president and chief...
Endurance Appoints Head of U.S. Financial Institutions Insurance in New York
Aug 13 2013 // Endurance Specialty Holdings, a Bermuda-based specialty provider of property/casualty insurance and reinsurance, appointed Fred Cooper as executive vice president and head of U.S. financial institutions insurance, based in...
