Bermuda-based specialty provider of property and casualty insurance and reinsurance Endurance Specialty Holdings Ltd. has announced the appointment of Stephen Young as head of the Global Catastrophe Reinsurance business. In his new role Young, who succeeds Christopher Schaper (who has parted ways with the firm), will be directly responsible to President William Jewett. Young joined [...]
Bermuda-based specialty provider of property and casualty insurance and reinsurance Endurance Specialty Holdings Ltd. has announced the appointment of Glenn Yanoff to lead the firm’s wholesale US insurance operations. Yanoff’s appointment is effective from the departure of John Zachry from the role, which will occur on 1 December. The firm’s US whole insurance operations provide [...]
Endurance Specialty Holdings Ltd. has reported that in the second quarter of the year it made a net income of $41.1m, equating to $0.87 per diluted common share. This is down on the corresponding period last year, when the firm made net profits of $58.6m ($0.97 per diluted common share), but a welcome return to [...]
Laurent Hoquet has been appointed by ACE to serve as the firm’s new energy manager for Continental Europe and Central and Eastern Europe. He will be directly responsible to Gilbert Flepp and Matthew Hardy, Energy and Technical Lines Manager for ACE in Continental Europe and Global Head of Onshore Energy Underwriting respectively. Hoquet joins ACE [...]
Bermuda-based specialty provider of property and casualty insurance and reinsurance Endurance Specialty Holdings Ltd. has announced the appointment of John A. Davis to Endurance Worldwide Reinsurance as senior VP and manager of the U.S. Treaty Casualty and Workers’ Compensation business unit. Davis brings extensive experience to his new position, and over the course of the [...]
Endurance Specialty Holdings Ltd. has reported that in the first three months of 2011 it incurred a net loss of $87.4m, equating to $2.25 per diluted common share. This compares to a net profit of $55.8m ($0.91 per diluted share) in the same period last year and $111.2m, equating to $2.09 per diluted common share, [...]
Bermuda-based specialty provider of property and casualty insurance and reinsurance Endurance Specialty Holdings Ltd. has announced the election of William H. Bolinder as chairman of the Board of Directors. Bolinder, who assumes his new post with effect from 3 March, has held a seat on the Board of Directors for the last 10 years and [...]
Endurance Specialty Holdings Ltd. has reported that in the fourth quarter of 2010 it made a net income of $111.2m, equating to $2.09 per diluted common share. This is a fall from the $154.8m ($2.56 per common diluted share) the firm made in the corresponding period the year before. The quarterly net income was also [...]
Bermuda-based specialty insurer Endurance Specialty Holdings Ltd. has announced that Arturo E. Falcon has joined Endurance Worldwide Reinsurance. Falcon is appointed to the post of head of the global reinsurance portfolio in Latin America, and is to be based in the reinsurance office in Miami. He brings a quarter of a century of experience of [...]
Endurance Specialty Holdings Ltd. has reported that in Q2 2010 it earnt net profits of $58.6m, equating to $0.97 per diluted common share. This is substantially less than its results in the same period last year, when the firm made net profits of $149.1m, $2.42 per diluted common share. However, it does mark an improvement [...]
Bermuda-based specialty provider of property and casualty insurance and reinsurance Endurance Specialty Holdings Ltd. has hired Gene Mason as senior vice president and head of Professional Lines for its US wholesale operations. Mason is an industry veteran, with more than two decades of working as a broker and underwriter and extensive experience of professional liability [...]
Bermuda-based specialty provider of property and casualty insurance and reinsurance Endurance Specialty Holdings Ltd. has named John Zachry as the new head of the firm’s US insurance wholesale operations. In his new role Zachry’s responsibilities will be enlarged to include property and casualty underwriting, and he will report directly to President William M. Jewett. He [...]
Bermuda-based specialty provider of property and casualty insurance and reinsurance Endurance Specialty Holdings Ltd. has announced that Michael P. Fujii, the Insurance Operations chief executive officer, is to retire from the firm. Fujii joined Endurance six years ago, and spearheaded the creation and growth of its insurance business in the US. Fujii explained that he [...]
Endurance Specialty Holdings Ltd. has reported its financial results for the first quarter of 2010. The firm made net profits of $55.8m, equivalent to $0.91 per diluted common share, down from $78.3m ($1.24 per diluted common share) in the corresponding quarter last year. Operating income was recorded at $60.2m, or $0.98 per diluted common share. [...]
Bermuda-based property and casualty insurance and reinsurance specialist Endurance Specialty Holdings Ltd. has announced the appointment of Joan deLemps as chief underwriting officer. DeLemps brings more than three decades of underwriting experience to her new position, and has been with Endurance for the last seven years. She began her career with Aetna Casualty & Surety, [...]
Specialty insurance and reinsurance company Endurance has named James D’Onofrio as executive VP and head of Reinsurance for Endurance Reinsurance Corporation of America (ERCA). D’Onofrio joined ERCA over six years ago and was previously senior VP of Casualty Treaty. Earlier in his career he held senior positions with AXA Corporate Solutions and Gerling Global Reinsurance [...]
Endurance Specialty Holdings has revealed a net income for 2007 of $521.1 million and $7.17 per diluted common share. This was an increase on 2006, which saw a net income of $498.1 million and $6.73 per diluted common share. Their fourth quarter performance fared less well, with net income down $46.3 million compared to the [...]
Endurance Worldwide Reinsurance has today announced it has appointed Patrick Aeschbacher as head of reinsurance in its emerging Asian and Australian markets, in a role it is hoped will see him bring decades of experience in the industry together with a charismatic approach to management. The appointment was announced today by parent company Endurance Specialty [...]
