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Aspen Insurance Holdings Ltd has adopted a so-called poison pill to discourage attempts from fellow Bermuda re/insurer Endurance to stage a hostile takeover of the company. The plan, which will be in place for one year, will give shareholders rights ...

Endurance Specialty Holdings Ltd has named Richard Housley as executive vice-president and global practice leader for property insurance. The appointment reunites Mr Housley with John Charman, chairman and CEO of Endurance, as they used to work toget...

Aspen Insurance Holdings Ltd says it has found “overwhelming consensus” among shareholders for rejecting Endurance Specialty Holdings’ $3.2 billion bid for the company. However, that is disputed by Endurance which is arguing today that shareholders o...

Aspen Insurance Holdings Ltd has adopted a so-called poison pill to discourage attempts from fellow Bermuda re/insurer Endurance to stage a hostile takeover of the company. The plan, which will be in place for one year, will give shareholders rights ...

Lancashire Holdings Ltd’s founder and chief executive officer Richard Brindle is to retire from the company at the end of this month. The Class of 2005 Bermuda start-up re/insurer announced today that Mr Brindle would retire from the Group and as a d...

Endurance Specialty Holdings has made a hostile bid to acquire Aspen Insurance Holdings for $3.2 billion after its initial approaches for talks with fellow Bermuda-based re/insurer were rejected. Endurance announced yesterday that it had made the off...

Ascendant Group Ltd reported yesterday 2013 profits were down 57.6 percent last year as electricity sales tumbled. After the 3.2 percent fall in kiloWatt hours sold in 2013, electricity provider Belco, a subsisdiary of Ascendant, has now seen electri...

Endurance Specialty Holdings is making a hostile bid to acquire Aspen Insurance Holdings for $3.2 billion after its initial approaches for talks with fellow Bermuda-based re/insurer were rejected. Endurance announced today that it had made the offer,...

Gap, the international clothing and accessories retailer, will be selling at Gibbons Company by mid-May, the department store has announced. A Gibbons Company press release announcing the development said: “The Gap Summer 2014 collections will be ava...