Log In

Sompo International has acquired the renewal rights to Novae Syndicates Limited’s financial institutions portfolio, excluding emerging markets. The Bermudian-headquartered speciality insurer and reinsurer reached a renewal rights agreement with Novae...

Japanese giant Sompo has completed its takeover of island-based insurance and reinsurance firm Endurance Specialty in a $6.3 billion deal. Now Endurance will be integrated into Sompo Holdings through the creation of Sompo International, which will be...

Losses from Hurricane Matthew and the Kaikoura earthquake in New Zealand were mostly responsible for a $71 million dip in fourth-quarter profits for Endurance Specialty Holdings. The company reported net income of $20.1 million, or 30 cents per dilut...

Shareholders of Endurance Specialty Holdings Ltd have backed the company’s $6.3 billion takeover by Japanese insurance giant Sompo Holdings. In a short statement issued on Friday, the Bermudian-based insurer and reinsurer said common and preferred sh...

Shareholders of Endurance Specialty Holdings Ltd today backed the company’s $6.3 billion takeover by Japanese insurance giant Sompo Holdings. In a short statement, the Bermudian-based insurer and reinsurer said common and preferred shareholders had v...

Bermudian insurer and reinsurer Endurance Specialty Holdings Ltd is to be taken over by a Japanese company. Tokyo-based insurance giant Sompo has agreed to pay $6.34 billion for Endurance and the deal is expected to close by the end of March next yea...

Endurance Specialty Holdings has reported net income available to common shareholders of $76.6 million in the second quarter, marginally up on the $76 million for the same period in 2015. Profit was $1.14 per diluted common share, down from $1.68 yea...

Endurance Specialty Holdings Ltd, the Bermudian insurer that acquired Montpelier Re Holdings Ltd, said second-quarter catastrophes probably cost $55.5 million. The losses were led by wildfires in Canada, storms in Texas and Europe and an earthquake i...

Endurance Specialty Holdings Ltd’s profits rose 6 per cent in the first quarter as the company beast analysts’ estimates and benefited from the additional business gained from last year’s acquisition of Montpelier Re. The Bermudian insurer and reinsu...

Bermudian-based insurer and reinsurer Endurance has announced investment losses of $28 million. The company — due to announce its first-quarter results next month — said it expected its net investment income for the period to be $11 million. An Endur...

Endurance Specialty Holdings Ltd has hired a former Chubb executive to head its new Global Risk Solutions business. Michael Chang is set to join the Bermudian insurer and reinsurer on February 22 as chief executive officer of the new business. He wil...

Endurance Specialty Holdings Ltd’s fourth-quarter profit soared by nearly 20 per cent as the insurer and reinsurer benefited from its expanding underwriting platform. The company, headquartered in Waterloo House on Pitts Bay Road, said net income was...