Latest Endurancewarranty Headlines
All the headlines from our Endurancewarranty Topic Page, ordered by recency.
Cash, Izard Eyed for Promotions with Endurance Following BDI Approval
Dec 12 2005 // Bermuda-based Endurance Specialty Holdings Ltd., a global provider of property and casualty insurance and reinsurance, reported that David Cash would be promoted to the position of chief underwriting officer and Daniel...
Endurance Estimates Hurricane Wilma Net Losses at $115 Million
Nov 24 2005 // Bermuda-based Endurance Specialty Holdings Ltd. announced its initial estimate of losses, net of reinsurance, reinstatement premiums, and tax benefits related to Hurricane Wilma to be approximately $115 million. Endurance...
Best Downgrades FSR for Endurance
Nov 2 2005 // A.M. Best Co. has downgraded the financial strength rating (FSR) to A- (Excellent) from A (Excellent) and the issuer credit rating (ICR) to “a-” from “a” of Endurance Specialty Insurance Ltd....
Endurance Reports $377 Million Q3 Loss; $170.7 Million for 9-Months
Oct 27 2005 // Bermuda-based Endurance Specialty Holdings Ltd. reported a net loss of $377 million or $6.26 per diluted share for the third quarter of 2005 versus net income of $26.8 million or $0.40 per diluted share in the third...
Endurance Completes Capital Plan; Closes $200 Million in Senior Notes
Oct 18 2005 // Bermuda-based Endurance Specialty Holdings Ltd. announced that it has completed the sale of its 6.15 percent Senior Notes due 2015, the final phase in its plan to raise $600 million (See IJ Website Oct.3). Chairman,...
Endurance to Offer $200 Million in Senior Notes
Oct 13 2005 // Endurance Specialty Holdings Ltd., one of the more successful post Sept. 11 start-ups, has joined the parade of Bermuda-based companies seeking additional funds after Katrina. Endurance announced that it plans to issue...
Endurance Estimates Rita Net Losses at Around $85 Million
Sep 30 2005 // Bermuda-based Endurance Specialty Holdings Ltd. announced that its initial estimates of losses, net of reinsurance, reinstatement premiums, and tax benefits related to Hurricane Rita would be approximately $85 million. The...
Endurance Estimates Net Katrina Losses Between $375-$450 Million
Sep 14 2005 // Bermuda-based Endurance Specialty Holdings Ltd. said its initial estimates of losses, net of reinsurance, reinstatement premiums, and tax benefits, related to Hurricane Katrina are between $375 and $450 million. The...
Endurance Names New Head of Professional Liability for U.S. Reinsurance; More Appts. Noted
Sep 13 2005 // Endurance Specialty Holdings Ltd., a provider of property and casualty insurance and reinsurance, announced that Endurance’s U.S. subsidiary, Endurance Reinsurance Corporation of America has appointed Kevin Rooney as...
Endurance Names Silverstein New Chief Investment Officer
Aug 25 2005 // Bermuda-based Endurance Specialty Holdings Ltd., a global provider of property and casualty insurance and reinsurance, announced that Mark Silverstein has joined Endurance Services Limited as the company’s new Chief...
Texas Pacific, Thos. Lee to Sell App. 7.7 Million Endurance Shares
Aug 11 2005 // Bermuda-based Endurance Specialty Holdings Ltd. announced that two of its initial investors, Texas Pacific Group and Thomas H. Lee Partners, have agreed to sell approximately 7.7 million ordinary shares in a block...
Endurance Specialty Holdings Names Vaughan to Board
Aug 3 2005 // Bermuda-based Endurance Specialty Holdings Ltd., a provider of property and casualty insurance and reinsurance, announced the appointment of Therese Vaughan to its Board of Directors. Dr. Vaughan became the Robb B. Kelley...
Endurance Initial Investors Complete Block Share Trade
May 11 2005 // Bermuda-based Endurance Specialty Holdings Ltd. announced the completion of the sale by two of its initial investors, Texas Pacific Group and Thomas H. Lee Partners, of 8 million ordinary shares in a block trade (See IJ...
Endurance Initial Investors to Sell 8 Million Shares
May 6 2005 // Bermuda-based Endurance Specialty Holdings Ltd. announced that two of its initial investors, Texas Pacific Group and Thomas H. Lee Partners, have agreed to sell 8 million ordinary shares in a block trade. Endurance, which...
Best Affirms Endurance Ratings
May 3 2005 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) and the issuer credit ratings of “a” of Bermuda-based Endurance Specialty Insurance Ltd. and its...
Endurance Q1 Net Income Drops to $96.3 Million on Reserve Increases
Apr 29 2005 // Bermuda-based Endurance Specialty Holdings Ltd. reported net income of $96.3 million or $1.45 per diluted share for the first quarter of 2005 versus net income of $100.9 million or $1.47 per diluted share in the first...
Endurance Specialty Notes Share Repurchasing from Founding Shareholder
Mar 4 2005 // Bermuda-based Endurance Specialty Holdings Ltd. announced that it has repurchased 350,000 of its ordinary shares owned by Metro Center Investments Pte Ltd., an initial investor at the formation of the company. The purchase...
Endurance Posts $113 Million Q4 Net Income; 37.6% Increase for Full Year to $356 Million
Feb 17 2005 // Bermuda-based Endurance Specialty Holdings Ltd. reported net income of $113.1 million or $1.71 per diluted share for the fourth quarter of 2004 versus net income of $88.9 million or $1.31 per diluted share in the fourth...
Endurance Specialty Holdings Names O’Neill to Board
Feb 16 2005 // Endurance Specialty Holdings Ltd., a Bermuda-based provider of property and casualty insurance and reinsurance, announced the appointment of Brendan O’Neill to its Board of Directors. O’Neill was chief...
Spitzer Subpoenas Endurance on Contingent Commission Payments
Jan 7 2005 // Bermuda-based Endurance Specialty Holdings Ltd. reported that its U.S. subsidiary, Endurance Reinsurance Corporation of America, has received a subpoena from the New York Attorney General requesting documents in connection...
