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Stock Market & Financial Investment News

News Breaks
July 16, 2014
08:33 EDTAHL, ENHGlass Lewis recommends Aspen Insurance shareholders reject Endurance proposals
Aspen Insurance Holdings Limited (AHL) noted that Glass, Lewis & Co has recommended that Aspen shareholders REJECT both proposals made by Endurance Specialty Holdings Ltd. (ENH) and REVOKE any authorizations submitted on such proposals by executing and returning Aspen’s BLUE revocation card. Glass Lewis said "In our view, given that the Aspen board appears to have acted in good faith with Endurance, the Aspen board considered Endurance's proposals on multiple occasions and formed a reasonable basis to reject such proposals and the Company continues to report solid performance on a stand-alone basis, shareholder authorization of an attempt to override the board's conclusions by seeking a court-ordered special meeting is not warranted.” The report concluded that: “…we believe Endurance has failed to make a compelling case for Aspen shareholders to support the proposed authorizations.”
News For AHL;ENH From The Last 14 Days
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February 9, 2016
07:11 EDTAHLBofa/Merrill to hold a conference
2016 Insurance Conference is being held in New York on February 9-11.
February 4, 2016
16:43 EDTAHLAspen Insurance reports Q4 EPS $1.21, consensus $1.29
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February 3, 2016
16:28 EDTENHEndurance Specialty reports Q4 EPS $1.36, consensus $1.40
Reports gross premiums written of $515.6M, an increase of 22.5% compared to the same period in 2014; Net premiums written of $289.7M, an increase of 23.8% compared to the same period in 2014; Combined ratio of 76.2% compared to 83.2% for the same period in 2014.

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