Specialty
Will Validus Remain on Sidelines as Bermuda Consolidates?
With consolidation talk heating up in Bermuda this week, followers of the island market and its acquisition activity over the past decade wonder about the plans of Bermuda's most active acquirer in ...
Round 3: Endurance Says Aspen Offers Shareholders ‘Red Herrings’ Instead of Value With Bid Response
In the third volley of a contest between two Bermuda specialty companies on Monday, Endurance said that Aspen's rejection of a bid to buy the company for $3.2 billion ignores the best interests of ...
Aspen Board Unanimously Rejects Endurance’s $3.2B Hostile Bid
Aspen Insurance Holdings announced Monday that its board of directors has unanimously rejected a $3.2 billion takeover bid from Endurance Specialty Holdings announced hours earlier, calling the ...
Endurance Specialty Offers $3.2B to Acquire Aspen; Deal Would Create $5B Company
Endurance Specialty Holdings Ltd. announced Monday that it has delivered a proposal to the board of directors of Aspen Insurance Holdings Ltd. to acquire all of the common shares of Aspen for $3.2 ...
QBE Confirms Strategic Review of U.S. Mid-Market Biz
QBE confirmed Monday that it is undertaking a strategic review of its U.S.-based middle market business. As Carrier Management reported in February, QBE Chief Executive Officer John Neal previously ...
U.S. EPA Plans to Focus Only on Biggest Polluters
The U.S. Environmental Protection Agency's plan to focus on cracking down on just the largest polluters will deliver "lasting returns" to the American public, its top enforcement official said on ...
Threat of ‘Heartbleed’ Computer Bug Spreading to Firewalls
Hackers could crack email systems, security firewalls and possibly mobile phones through the "Heartbleed" computer bug, according to security experts who warned on Thursday that the risks extended ...
Willis Sees Softer Conditions Ahead for Commercial Lines Other Than Comp
Although double-digit insurance price hikes are still possible in a handful of areas—workers compensation, poor performing professional liability accounts and terrorism coverage—broker Willis ...