Latest Endurancewarranty Headlines
All the headlines from our Endurancewarranty Topic Page, ordered by recency.
S&P Raises Endurance Specialty Outlook to Positive; Affirms Ratings; Company Comments
Dec 14 2004 // Standard & Poor’s Ratings Services announced that it has revised its outlook on Bermuda-based Endurance Specialty Holdings Ltd. and its subsidiaries (Endurance Specialty Insurance Ltd., Endurance Worldwide...
Endurance Announces Management Changes
Dec 7 2004 // Bermuda-based Endurance Specialty Holdings Ltd. announced two key management changes. Effective immediately, Thomas D. Bell has been named Executive Vice President of Endurance Specialty Holdings Ltd., and David S. Cash...
Aon Liquidates Endurance Investment
Dec 6 2004 // Aon Corporation announced that it has sold virtually all of its equity investment in Bermuda-based Endurance Specialty Holdings Ltd. The statement follows Aon’s sale of 9.8 million shares in the company to investment...
Aon Sells 9.8 Million Shares in Endurance
Dec 3 2004 // Bermuda-based Endurance Specialty Holding Ltd. announced that Aon Corporation has sold 9.8 million shares of Endurance common stock in a block sale to Goldman Sachs. The shares were sold under the Company’s Form S-3...
Endurance Receives License to Operate in Canada; Opens Branch Office in Toronto
Oct 19 2004 // Bermuda-based Endurance Specialty Holdings Ltd. announced that its wholly owned U.S. subsidiary, Endurance Reinsurance Corporation of America (Endurance Re), has opened a branch office in Toronto, Canada, following the...
Endurance Estimates Hurricane Claims at $115 Million
Oct 5 2004 // Bermuda-based Endurance Specialty Holdings Ltd. reported that estimated aggregate potential claims from hurricanes Charley, Frances, Ivan, and Jeanne, net of reinsurance recoverables, reinstatement premiums, and taxes, is...
Endurance to Acquire XL Re America Surety Business
Oct 1 2004 // Bermuda-based Endurance Specialty Holdings Ltd. and XL Reinsurance America Inc. jointly announced that Endurance’s U.S. subsidiary, Endurance Reinsurance Corporation of America (Endurance Re), will acquire the...
Endurance Names Patschak New Head of Property Catastrophe Reinsurance Business
Sep 22 2004 // Bermuda-based Endurance Specialty Holdings Ltd. announced that Susan J. Patschak has joined Endurance Specialty Insurance, Ltd. as the head of its Property Catastrophe Reinsurance business unit. She joins Endurance with...
Endurance Estimates Frances’ Losses at $20 Million
Sep 21 2004 // Bermuda-based Endurance Specialty Holdings Ltd. reported that estimated potential claims from Hurricane Frances, after-taxes and net of reinsurance and reinstatement premiums, are expected to be $20 million or less. The...
Endurance Specialty Reports $850M Credit Facility
Aug 9 2004 // Endurance Specialty Holdings Ltd., headquartered in Bermuda, announced it has entered into a three-year $850 million revolving credit and letter of credit facility with a consortium of leading financial institutions. The...
Endurance Sets Terms on $250 Million Notes Offering
Jul 9 2004 // Bermuda-based Endurance Specialty Holdings Ltd. announced that $250 million in principal amount of 7 percent Senior Notes will initially be offered by the underwriters at a price of 99.108 percent of their principal...
Best Assigns Ratings to Endurance Shelf Registration
Jun 18 2004 // A.M. Best Co. announced that it has assigned indicative ratings of “bbb” senior unsecured debt, “bbb-” subordinated debt and “bb+” preferred stock to Endurance Specialty Holdings...
S&P Affirms Endurance Specialty ‘A-‘ Ratings; Rates $1.8 Billion Offering ‘BBB,’ to ‘BB+’
Jun 17 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB” counterparty credit rating to Endurance Specialty Holdings Ltd. and its preliminary “BBB” senior debt,...
Endurance Files Universal Shelf Registration
Jun 16 2004 // Bermuda-based Endurance Specialty Holdings Ltd., announced that it has filed an unallocated universal shelf registration statement with the Securities and Exchange Commission. “Once the shelf registration statement...
Best Comments on Endurance Share Buyback
May 26 2004 // A.M. Best Co. has issued a comment on the financial strength rating of “A” (Excellent) of Endurance Specialty Insurance Ltd. and its affiliated companies, indicating that it “remains unaffected following...
Best Affirms Endurance Specialty ‘A’ Rating
May 7 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) of Endurance Specialty Insurance Ltd. (Endurance) and its affiliated companies with a stable outlook. Best noted...
People and Places
Apr 5 2004 // Dan Pettigrew Caliber Collision Centers, which operates collision repair facilities in California and Texas, named Dan Pettigrew as executive vice president of Operations. In this position, Pettigrew assumes responsibility...
Massa B. Cressall to Lead Endurance Specialty Investor Relations
Feb 13 2004 // Bermuda-based Endurance Specialty Holdings Ltd.,a global provider of P/C insurance and reinsurance, announced that effective immediately Massa B. Cressall will lead its investor relations function. Bryan A. Melgar,...
Endurance Names New U.S. President; Forms Service Company
Jan 13 2004 // Endurance Specialty Holdings Ltd., a Bermuda-based provider of property and casualty insurance and reinsurance, announced that William Jewett, presently the COO of its U.S. subsidiary, Endurance Reinsurance Corporation of...
Endurance Specialty Reports Q3 Net up 96% to $56.5 Million
Nov 5 2003 // Bermuda’s Endurance Specialty Holdings Ltd. joined the parade of the island’s insurers who’ve been having a banner year. The company reported third quarter 2003 net income of $56.5 million or $0.83 per...
