Endurance Specialty Holdings News

Claims Has to Up its Game to Attract New Hires

With the expected exodus of thousands of skilled claims professionals within the next few years, concern is growing among insurers in how to best address the need for experienced claims employees. In an exclusive claims executive roundtable with Claims Journal, …

After Report of $6.5B Offer From Sompo, Endurance Surges

Endurance Specialty Holdings Ltd. jumped the most since its 2003 initial public offering after a report that Sompo Japan Nipponkoa Insurance Inc. is planning to bid about $6.5 billion for the Bermuda-based insurer. Endurance surged 33 percent to $86.52 at …

People News: Besnia, Bronstein, Mangold, Sparro

Besnia Joins Great American Insurance Group as Divisional Vice President Cincinnati-based Great American Insurance Group named Kerry Besnia divisional vice president within Great American’s Property and Casualty Group. In his new role, Besnia will be focused on developing new distribution …

Endurance Specialty Holdings Appoints Engel as Chief Claims Officer

Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property/casualty insurance and reinsurance, appointed James Engel as chief claims officer with responsibility for the overall strategic direction of the company‚Äôs global claims operation. Engel joins Endurance with significant experience leading …

Aspen Insurance Rejects Endurance’s $3.2B Buyout Proposal

Aspen Insurance Holdings Ltd., a global specialty and reinsurance provider, said Monday that its board has rejected a proposal from fellow property/casualty and reinsurer Endurance Specialty Holdings Ltd. to buy it for about $3.2 billion. Aspen said its board rejected …