John R. Charman, Chairman and CEO of Endurance Specialty Holdings Ltd., bought 35,630 shares of Endurance Specialty Holdings Ltd. (ENH) at $40.96 per share for a total amount of $1,459,400 on June 11, 2014
Endurance Specialty Holdings Ltd. is based in Bermuda, the United States and the United Kingdom.
June 18, 2014, Endurance Specialty Holdings Ltd. (“Endurance”) (ENH) is sending a letter to the shareholders of Aspen Insurance Holdings Limited (“Aspen”) (AHL) along with a definitive solicitation statement, including a WHITE authorization and consent card, providing a means for Aspen shareholders to requisition a special general meeting of shareholders in connection with a proposal to increase the size of Aspen`s board of directors from 12 to 19 directors and to authorize support for the proposal of a Scheme of Arrangement by Endurance.
May 05, 2014, Endurance Specialty Holdings Ltd. announced its latest quartely results. Endurance Specialty Holdings Ltd. (ENH) today reported net income available to common shareholders of $96.3 million and $2.17 per diluted common share for the first quarter of 2014 versus net income of $92.1 million and $2.13 per diluted common share for the first quarter of 2013.
According to Capital IQ, Endurance Specialty Holdings Ltd. has a market cap of $2.30 billion, an enterprise value of $1.87 billion, and trailing 12 month revenues of $8.04 million.
Endurance Specialty Holdings Ltd., through its subsidiaries, underwrites specialty lines of personal and commercial property and casualty insurance and reinsurance worldwide. The company operates in two segments, Insurance and Reinsurance. The Insurance segment provides agriculture insurance covering traditional multi-peril crop insurance, crop hail, livestock risk protection, and other agriculture risk management products; and provides casualty insurance, healthcare liability insurance, contract and commercial surety insurance, and inland marine and ocean marine insurance, as well as workers compensation insurance. This segment also offers professional lines of insurance products, including directors and officers liability, errors and omissions, employment practices liability, environmental liability, and pension trust liability insurance, as well as property insurance primarily for earthquake and flood coverage. The Reinsurance segment provides catastrophe reinsurance for catastrophic perils primarily for property and workers compensation business; property reinsurance for property insurance policies; and casualty reinsurance for third party liability exposures, such as automobile, general, and umbrella liabilities, as well as for workers compensation. This segment also offers other specialty line of insurance that primarily include aerospace, agriculture, marine and energy, and trade credit and surety; weather risk management products; and surety reinsurance for contract and commercial surety, and fidelity insurers, as well as personal accident and terrorism contracts. The company distributes its products directly, as well as through independent agents, and insurance and reinsurance brokers. Endurance Specialty Holdings Ltd. was founded in 2001 and is based in Pembroke, Bermuda.
John R. Charman’s most recent annual compensation from Endurance Specialty Holdings Ltd. is $10,920,400 in other compensation, and a total compensation of $46,024,700. Mr. Charman is 61 years old.
According to his biography, Mr. John R. Charman is Chairman of the Board, Chief Executive Officer of Endurance Specialty Holdings Ltd. Mr. Charman has four decades of global experience in the insurance industry and has been in a senior underwriting position since 1975 and a CEO role since 1981. Most recently, Mr. Charman founded Axis Capital Holdings Limited in 2001 and served for 11 years as its Chief Executive Officer and President. From 2000 to 2001, Mr. Charman served as Deputy Chairman of ACE INA Holdings and President of ACE International. Mr. Charman also served as Chief Executive Officer at ACE Global Markets from 1998 to 2001. Prior to that, Mr. Charman was the Chief Executive Officer of Tarquin plc, the parent company of the Charman Underwriting Agencies at Lloyd’s, which was sold to Ace Limited in 1998. Mr. Charman was the Deputy Chairman of the Council of Lloyd’s and a member of the Lloyd’s Core Management Group and Lloyd’s Market Board between 1995 and 1997, which was during the financial crisis at Lloyd’s. Mr. Charman held the position of Second Deputy Chairman of the Association of Bermuda Insurers and Reinsurers from January 2011 to June 2012. Mr. Charman is currently a member of the Board of the Masterworks Museum of Bermuda Art.
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