Endurance News
Endurance CEO Charman Miffed at Aspen’s M&A Rebuffs
During an Endurance Specialty Holdings Ltd. investor call on June 2, one thing became perfectly clear. John Charman, the company's chairman and CEO, is miffed at the board and executive leadership of ...
Endurance to Continue Push for Aspen Deal; First Strategic Combo Since ACE-CIGNA, CEO Says
Executives at Endurance Specialty Holdings said they will continue to try to engage Aspen Insurance Holdings in negotiations related to Endurance's bid to acquire Aspen—a dialogue that Endurance ...
Charman Questions Soft Market Re-Buying Strategies as Endurance Cedes More
As the market softens, should insurers and reinsurers keep more of their business net, or should they buy more reinsurance and retrocessional cover while there are lower prices and better terms? A ...
Validus Looking to Grow in U.S. Insurance Market, CEO Says
The chief executive officer of Validus Holdings said that there are growth opportunities for the group's insurance operations in the United States, at a time when growth for the Bermuda reinsurance ...
Q1 Return for ‘Independent’ Aspen Nears 15%; Full-Year Target 10%
Aspen Insurance Holdings reported an annualized operating return-on-equity of 14.8 percent for the first quarter on Thursday, also giving double-digit forecasts for future years—targets which its ...
Aspen Restates, Expands on ‘Serious Concerns’ With Endurance ‘Proposal’
Three days after adopting a poison pill to fend off a hostile bid from Endurance, Aspen sent a letter to its shareholders Sunday restating concerns it first aired hours after the bid was made public ...
Aspen-Endurance Battle Escalates: Aspen Adopts Poison Pill, Endurance Reacts
The takeover battle between Aspen Insurance Holdings Ltd. and Endurance Specialty Holdings Ltd. escalated on Thursday, with Aspen's board of directors announcing a shareholder rights plan—commonly ...
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 ...