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Insurance
Aspen US, part of the insurance segment of Aspen Insurance, has appointed a senior vice president of energy and construction, to support the growing demand for energy risk expertise in Latin America. 7 May 2014
Insurance
Against a backdrop of its increasingly public battle for control of the company with Endurance Speciality, Aspen Insurance posted solid results for the first quarter of 2014. The company saw growth of more than 10 percent and an increase in its profits, driven partly by increased traction in its US insurance business. 24 April 2014
Insurance
Endurance Specialty has again publically criticised the refusal by the board of Aspen Insurance to consider its $3.2 billion offer for the company. The companies have been in an increasingly bitter war of words over the unsolicited bid for almost two weeks now. 23 April 2014
Insurance
The increasingly acrimonious battle between Endurance Specialty and Aspen Insurance – sparked by an unsolicited $3.2 billion bid for Aspen by Endurance – took a new twist late last week when Aspen moved to block the bid through a shareholders’ rights plan, which Endurance described as a “poison pill”. 22 April 2014
Insurance
The unsolicited offer made yesterday (Monday) by Endurance Speciality for Aspen Insurance could well represent just the start of a period of intense mergers & acquisitions (M&A) activity for the reinsurance industry that some commentators have been forecasting for some time. 15 April 2014
Insurance
The unsolicited offer made yesterday (Monday) by Endurance Speciality for Aspen Insurance would have been no surprise for many in the industry who have been forecasting that the many competitive pressures in the industry could trigger more mergers & acquisitions for some time. 15 April 2014
Insurance
Endurance Specialty has responded in what is turning into an increasingly bitter war of words between it and Aspen Insurance, which yesterday rejected an unsolicited offer by Endurance to buy the business. 15 April 2014
Insurance
Aspen Insurance has rejected an unsolicited offer by Endurance Specialty to buy the business describing it as “ill-conceived” and citing concerns over Endurance’s track record and experience of large acquisitions. 15 April 2014
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