Aspen Insurance Holding Ltd

Type: Company
Name: Aspen Insurance Holding Ltd (Aspen Insurance Holdings Ltd)
First reported 10 hours ago - Updated 10 hours ago - 5 reports

Aspen Insurance Expresses Concerns, Rejects Endurance Bid - Quick Facts

Aspen Insurance Holdings Ltd. (AHL: Quote) said Sunday that it has issued a letter to its shareholders, expressing serious concerns regarding a previously disclosed unsolicited bid from Endurance Specialty Holdings Ltd. (ENH: Quote) to acquire the company ... [Published RTTNews.com - 10 hours ago]
First reported Apr 19 2014 - Updated Apr 19 2014 - 1 reports

Three Reasons Aspen Insurance Should Accept The Buyout From Endurance

SummaryPremium to book value is a good exit for current Aspen investors. Few mergers or acquisitions are happening lately in the reinsurance space. Low investment returns and higher price to book across the industry forecast lower returns going for ... [Published Seeking Alpha - Apr 19 2014]
First reported Apr 17 2014 - Updated Apr 18 2014 - 10 reports

Aspen attempts to thwart Endurance takeover bid

Aspen Insurance Holdings Ltd.'s board has adopted a shareholders rights plan to fend off an unsolicited offer by Endurance Specialty Holdings Ltd. to buy Aspen for $3.2 billion in cash and ... ... [Published Big News Network - Apr 18 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 4 reports

Aspen Adopts Shareholder Rights Plan; Endurance Dismisses It as 'Poison Pill'

Aspen Insurance Holdings Ltd. has adopted a shareholder rights plan just days after Endurance Specialty Holdings Ltd. took its $3.2 billion offer for the company directly to Aspen shareholders."The ... ... [Published A.M. Best - Apr 17 2014]
First reported Apr 15 2014 - Updated Apr 16 2014 - 2 reports

Aspen Insurance rejects “ill-conceived” takeover by Endurance Specialty

Aspen Insurance Holdings Ltd. vehemently struck down a $3.2 billion offer from property/casualty insurer Endurance Specialty Holdings to buy the company, calling the proposal “ill-conceived” and a “strategic mismatch.”Bermuda-based Endurance had reportedly ... [Published Insurance Business America - Apr 16 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 2 reports

Endurance proposes to acquire Aspen Insurance for $3.2bn

Endurance Specialty Holdings has offered to acquire all of the common shares of Aspen Insurance Holdings for $3.2bn, as part of its strategy to boost presence in specialty insurance and reinsurance.The offer price of $47.50 per Aspen share includes 60% ... [Published Insurance Business Review - Apr 16 2014]
First reported Apr 14 2014 - Updated Apr 15 2014 - 4 reports

Aspen Insurance Turns Down Buyout Offer

Aspen Insurance Holdings Ltd. ( AHL ) turned down the offer to be acquired by Endurance Specialty Holdings Ltd. ( ENH ) for $3.2 billion citing that it is not in favor of its shareholders.Endurance Specialty has been approaching Aspen Insurance since ... [Published Yahoo! Finance - Apr 15 2014]
First reported Apr 14 2014 - Updated Apr 15 2014 - 8 reports

Insurance company snubs suitor offering $3.2 billion

Endurance Specialty Holdings Ltd. says it has proposed to buy Aspen Insurance Holdings Ltd. in adeal worth about $3.2 billion. The announcement comes after Endurance was snubbed by the fellowinsurance company.Endurance said Aspen’s board and management ... [Published Columbus Dispatch - Apr 15 2014]
First reported Apr 14 2014 - Updated Apr 15 2014 - 33 reports

Endurance Ltd. Comment On Aspen’s Rejection

Bermuda-based Endurance Specialty Holdings Ltd  commented on Aspen Insurance Holdings Limited’s summary rejection of its proposal to acquire all of the common shares of Aspen for $3.2 billion.In rejecting the unsolicited proposal , Glyn Jones, Chairman ... [Published Bernews - Apr 15 2014]
First reported Apr 14 2014 - Updated Apr 15 2014 - 16 reports

Aspen Insurance Holdings (AHL) Jumped To A New High After Takeover Proposal

Aspen Insurance Holdings (AHL: Quote) announced Monday morning that it received a proposal from Endurance Specialty Holdings (ENH: Quote) to acquire all of the common shares of Aspen for $3.2 billion, or $47.50 per share. Aspen Insurance Holdings gapped ... [Published RTTNews.com - Apr 15 2014]
First reported Apr 14 2014 - Updated Apr 15 2014 - 3 reports

Elite Session Stocks: Goodrich Petroleum (NYSE:GDP), General Steel Holdings (NYSE:GSI), Aspen Insurance Holdings (NYSE:AHL), Koppers Holdings (NYSE:KOP), Edwards Lifesciences (NYSE:EW)

Shares of Goodrich Petroleum Corp. (NYSE:GDP) skyrocketed $5.56 (0r +30.22%) to $23.96 on Monday’s trading session, after the company reported that it has achieved a peak average production rate to date of 1,270 BOE per day, from a completed oil well ... [Published Galaxy Stocks - Apr 15 2014]
First reported Apr 14 2014 - Updated Apr 14 2014 - 2 reports

Aspen Insurance Trading Higher Today on Above-Average Volume, Consistent With Trend (AHL)

Written on Mon, 04/14/2014 - 11:13amBy James QuinnShares of Aspen Insurance are trading up 14.3% to $45.00 today on above average volume. About 1.1 million shares have been traded today, as compared to the 30-day average volume of 426,000 shares. Spikes ... [Published Comtex SmarTrend - Apr 14 2014]

Quotes

Glyn Jones, Chairman of the Board of Directors of Aspen Insurance, said, "Since Endurance publicized its letter to Aspen on 14th April, we have actively reached out to shareholders and have found overwhelming consensus for our rejection of Endurance's ill-conceived 'proposal,' which undervalues Aspen, represents a strategic mismatch and carries significant execution risk."
...The amount of equity to be given up to CVC and at what "discount[ed price, the amount and terms of the warrants and the "customary" governance rights that CVC would receive all significantly impact the economics of a potential transaction not just for Aspen and its shareholders, but for Endurance and its shareholders as well. These terms are extremely important to the valuation of the stock component of the consideration that Endurance proposes. If answers to these questions are in fact known, the information should be disclosed to Endurance's own shareholders and the market as a whole."
"Net premiums earned are approximately the same as the first quarter last year, reflecting our disciplined approach to underwriting in the face of challenging market conditions"
Commenting for Endurance, chairman and CEO John R Charman said, "Despite our repeated attempts since late January to engage in confidential and friendly discussions, Aspen's board and management have rebuffed our proposal and refused to engage with us, thereby denying Aspen's shareholders the ability to understand and attain the clear financial, operational and strategic benefits of this transaction."

More Content

All (190) | News (140) | Reports (0) | Blogs (45) | Audio/Video (0) | Fact Sheets (1) | Press Releases (3)
sort by: Date | Relevance
Aspen Insurance Expresses Concerns, Rejects End... [Published RTTNews.com - 10 hours ago]
Aspen Insurance Reiterates Serious Concerns wit... [Published Noodls - 10 hours ago]
Aspen Insurance Reiterates Serious Concerns wit... [Published EON Business - 10 hours ago]
Aspen Insurance Reiterates Serious Concerns wit... [Published Business Wire Professional Services News - 10 hours ago]
Aspen Insurance Reiterates Serious Concerns wit... [Published BusinessWeek - 10 hours ago]
Three Reasons Aspen Insurance Should Accept The... [Published Seeking Alpha - Apr 19 2014]
Aspen attempts to thwart Endurance takeover bid [Published Big News Network - Apr 18 2014]
Endurance Comment On Aspen’s “Poison Pill” [Published Bernews - Apr 17 2014]
Aspen Adopts Shareholder Rights Plan; Endurance... [Published A.M. Best - Apr 17 2014]
ENDURANCE SPECIALTY HOLDINGS LTD FILES (8-K) Di... [Published HispanicBusiness.com - Apr 17 2014]
Platinum CEO: Substantial Capacity Pressures Pr... [Published Individual.com - Apr 17 2014]
Aspen Insurance shareholders rights plan thwart... [Published Business Insurance - Apr 17 2014]
BestWeek: Endurance Specialty Makes a Move to A... [Published A.M. Best - Apr 17 2014]
BestWeek: Endurance Specialty Makes a Move to A... [Published Individual.com - Apr 17 2014]
ASPEN INSURANCE HOLDINGS LTD FILES (8-K) Disclo... [Published HispanicBusiness.com - Apr 17 2014]
Endurance Specialty Holdings Comments on Aspen ... [Published Noodls - Apr 17 2014]
Aspen Rejects Hostile $3.2 Billion Bid By Endur... [Published Insurance Asset Manager - Apr 17 2014]
Midday movers: Weibo, Sabre, Goldman Sachs & More [Published CNBC - Apr 17 2014]
Endurance Specialty Holdings Comments on Aspen ... [Published EuroInvestor - Apr 17 2014]
Endurance Specialty Holdings Ltd: Endurance Spe... [Published FinanzNachrichten.de - Apr 17 2014]
Aspen adopts poison pill plan to deter Enduranc... [Published Royal Gazette - Apr 17 2014]
Aspen Adopts Poison Pill After Endurance’s $3.2... [Published Washington Post - Apr 17 2014]
Aspen Insurance Holdings Adopts One-Year Shareh... [Published Noodls - Apr 17 2014]
Aspen Insurance Holdings Adopts One-Year Shareh... [Published EON Business - Apr 17 2014]
Aspen Insurance Holdings Adopts One-Year Shareh... [Published Business Wire Professional Services News - Apr 17 2014]
Seven Severely Oversold Stocks Due for a Bounce [Published TradingMarkets - Apr 17 2014]
Potential Aspen Insurance (AHL) Trade Has 3.53%... [Published MarketIntelligenceCenter.com - Apr 17 2014]
Hottest Financial Stocks Now – OAK BLK GNW CACC [Published InvestorPlace.com - Apr 16 2014]
Aspen Board Right To Turn Down Endurance's Offer [Published Seeking Alpha - Apr 16 2014]
Aspen Insurance rejects “ill-conceived” takeove... [Published Insurance Business America - Apr 16 2014]
1 2 3 4 5 6 7
In Focus
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Content Volume
Document Volume
Network
Network

Blogs

sort by: Date | Relevance
Aspen Insurance Reiterates Serious Concerns wit... [Published EON Business - 10 hours ago]
HAMILTON, Bermuda--(EON: Enhanced Online News)--Aspen Insurance Holdings Limited (“Aspen”) (NYSE:AHL) today issued a letter to shareholders regarding a previously disclosed unsolicited proposal from Endurance Specialty Holdings Ltd. (“Endurance”) (NYSE:ENH) ...
Aspen Insurance Reiterates Serious Concerns wit... [Published Business Wire Professional Services News - 10 hours ago]
HAMILTON, Bermuda--(BUSINESS WIRE)--Aspen Insurance Holdings Limited (“Aspen”) (NYSE:AHL) today issued a letter to shareholders regarding a previously disclosed unsolicited proposal from Endurance Specialty Holdings Ltd. (“Endurance”) (NYSE:ENH) to acquire ...
Aspen Insurance Holdings Adopts One-Year Shareh... [Published EON Business - Apr 17 2014]
HAMILTON, Bermuda--(EON: Enhanced Online News)--Aspen Insurance Holdings Limited (“Aspen”) (NYSE:AHL) announced today that its Board of Directors has adopted a shareholders rights plan (the “Rights Plan”) and resolved to issue one preferred share purchase ...
Aspen Insurance Holdings Adopts One-Year Shareh... [Published Business Wire Professional Services News - Apr 17 2014]
HAMILTON, Bermuda--(BUSINESS WIRE)--Aspen Insurance Holdings Limited (“Aspen”) (NYSE:AHL) announced today that its Board of Directors has adopted a shareholders rights plan (the “Rights Plan”) and resolved to issue one preferred share purchase right on ...
Potential Aspen Insurance (AHL) Trade Has 3.53%... [Published MarketIntelligenceCenter.com - Apr 17 2014]
Aspen Insurance Holdings Ltd (AHL) presents a trading opportunity that offers a 2.76% return in just 156 days.A covered call on Aspen Insurance at the $45.00 level expiring on Sep. '14 offers an assigned return rate of 2.76% or 6.47% annualized. This ...
1 2 3 4 5 6 7 8 9

Press Releases

sort by: Date | Relevance
Morning Technical Recap: MBIA Inc., Radian Grou... [Published Financial Services - Dec 02 2013]
Early Briefing and Review: The Allstate Corp., ... [Published PR Newswire - Oct 11 2013]
Pre-Market Review: Radian Group, Allstate, MBIA... [Published PR Newswire - Aug 05 2013]
1
Contact Us
Sales
Support


Freebase CC-BY Some image thumbnails are sourced from Freebase, licensed under CC-BY

Copyright (C) 2014 Silobreaker Ltd. All rights reserved.
The selection and placement of stories and images on any Silobreaker page are determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Silobreaker.